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Results for Co-Axial Escapement

3,587 articles · 1,750 videos found · page 23 of 178

Business News: LVMH Buys Tiffany & Co. for US$16.2 Billion SJX Watches
Louis Vuitton Nov 25, 2019

Business News: LVMH Buys Tiffany & Co. for US$16.2 Billion

After several weeks of negotiations, LVMH has sealed the deal to buy Tiffany & Co. in a US$16.2 billion, all-cash deal. Despite several years of listless growth and a declining share price – though its current management was in a midst of engineering a turnaround – Tiffany & Co. is the biggest acquisition ever in the luxury goods industry. The French luxury conglomerate, which owns Louis Vuitton and Christian Dior, is paying US$135 a share, about 35% above the last traded price before news of the takeover broke. With the acquisition of the storied American jeweller, LVMH strengthens its presence in the “hard” luxury business of jewellery and watches, a segment traditionally dominated by its Swiss rival Richemont, the owner of Cartier, Van Cleef & Arpels, and most recently, Buccellati. The addition of Tiffany’s to its 75-strong stable of brands, which includes watchmakers like Hublot and TAG Heuer, will also help LVMH grow its presence in China and the United States, where the jeweller’s baubles are popular. And the deal also means Tiffany’s well regarded chief executive, Alessandro Bogliolo, returns to LVMH, where he was once the chief operating officer at Bulgari.  

Business News: LVMH Offers to Buy Tiffany & Co. SJX Watches
Patek Philippe watches Oct 27, 2019

Business News: LVMH Offers to Buy Tiffany & Co.

Luxury giant LVMH has made an offer to buy Tiffany & Co., America’s leading luxury jeweller (and the biggest retailer of Patek Philippe watches in the country), according to the Bloomberg. The French group made an all-cash offer of US$120 a share, a premium of about 22% over Tiffany’s last done share price and valuing the company at about US$14.4 billion. That would make Tiffany’s the biggest acquisition ever for LVMH, which has seen its shares hit record highs recently, bringing its value to over US$210 billion. Despite being the world’s largest luxury group – its brands include Louis Vuitton, Bulgari, Rimowa, Hublot and DFS – LVMH is relatively weak in high-end jewellery, especially compared to Swiss rival Richemont, which owns Cartier, Van Cleef & Arpels, and Piaget, and only just picked up Buccellati. Buying Tiffany would give LVMH a bigger presence in jewellery, as well as greater exposure to the United States, which is the jeweller’s biggest market, account for around a third of sales. LVMH only just opened a bag factory in Texas, the Louis Vuitton Rochambeau Ranch, in an event attended by Donald Trump and LVMH chief executive and controlling shareholder Bernard Arnault, who’s also the third-richest man in the world. Best known for its diamond engagement rings and blue boxes, Tiffany suffered from a weak spell in recent years, with its former chief executive Frederic Cumenal, an LVMH alumni, lasting barely two years. After he departed in 2017, to be...

Introducing the Klo & Co. Alpesailer SJX Watches
Girard-Perregaux Laureato. While Oct 3, 2019

Introducing the Klo & Co. Alpesailer

Having made its debut two years ago with a dual-dial watch that combined an automatic and quartz movement, Klo & Co. is an unusual “microbrand”, having been started by a trio of young Filipino watch enthusiasts. The Manila-based brand has just unveiled the Alpesailer, a steel sports watch with an internal rotating bezel and an integrated bracelet. Head-on, the Alpesailer clearly derived from Gerald Genta’s famous octagonal design – think of it as a “Super Compressor” style homage to the Royal Oak. That being said, the bezel is actually brushed and round on top, with a polished octagonal base, bringing to mind the Girard-Perregaux Laureato. While the watch wins no prizes for ingenious design, it’s well spec’ed and only US$400. Depth rated to 100m, the case measures 41mm wide and 12.5mm in height. It features a “Super Compressor” style design with an internal rotating bezel and twin crowns – one for winding and setting, the other for rotating the bezel. However, like most modern watches inspired by actual Super Compressor dive watches from the 1960s, this does not have the same, Super Compressor sealing technology pioneered by case maker Ervin Piquerez, which relied on a spring-loaded back that press against the case as external water pressure increased. While the twin-crown design remains attractive even today, advancements in the fabrication of cases, crystals and gaskets have made such sealing technology superfluous in a modern watch. The A...

9 of the most underrated chronographs of 2019 Time+Tide
Tudor S&G; Jul 18, 2019

9 of the most underrated chronographs of 2019

Tudor S&G; this, Patek 5172G that, but wouldn’t you rather have something … different? Year after year it’s the same story. News breaks in January and March, and all you hear about are these “hero watches” from brands X, Y, and Z time and time again. Sure, that’s cool, and there’s a reason there is … ContinuedThe post 9 of the most underrated chronographs of 2019 appeared first on Time+Tide Watches.

Haven Watch Co. Introduces the Chilton Chronograph SJX Watches
Jun 28, 2019

Haven Watch Co. Introduces the Chilton Chronograph

Based in the American Midwest, Haven Watch Co. makes its debut with the Chilton, an eye-catching, hand-wound chronograph that’s a blend of retro design elements and affordably priced. The watches takes inspiration from the 1970s, perhaps the golden age of sports watches, and specifically, the funky designs and bold colours of the era’s regatta timers. Despite the incongruent combination of design features, the watch is refreshing and captures the bold, experimental spirit of the 1970s. Beyond the design, the Chilton is notable for being the first watch on the market powered by the new, hand-wound, “compax” chronograph movement from Sellita. While the movement is Swiss made, the external components like the case and dial are made in Asia, and the watches are put together in the United States. The Chilton is available on either a blue or white dial with a “compax” layout, both of which feature the same regatta-style 30-minute register that is divided into 10-minute segments. It doesn’t have an actual countdown function, of course, but vintage aesthetics, and not utility, motivate the design. The chronograph counters are small and far apart, just as it was on vintage chronographs, albeit ones that came long before the 1970s.  And if the chunky hands look familiar, they are similar to those found on the Universal Geneva Compax “Nina Rindt”. The vintage styling also explains the decimal scale on the blue dial and pulsometer scale on the white. T...

HANDS-ON: The Seals Watch Co Model C Field Explorer Time+Tide
May 10, 2018

HANDS-ON: The Seals Watch Co Model C Field Explorer

Start a conversation about vintage wristwatches and you’ll inevitably end up down a military history rabbit hole. With collectors and everyday buyers alike appreciating – and downright loving – the connection these simple military-issued watches have to history. A history that began with the First World War, where a “luminous wristwatch with unbreakable glass” was … ContinuedThe post HANDS-ON: The Seals Watch Co Model C Field Explorer appeared first on Time+Tide Watches.

HOW TO: Wear two-tone (and not look like Gordon Gekko) Time+Tide
Tudor S&G; you’ll know Oct 17, 2017

HOW TO: Wear two-tone (and not look like Gordon Gekko)

Now, if you’ve watched my review of the Tudor S&G; you’ll know that I’m #team2tone all the way, but the thing is, I don’t *really* know how to wear it. I mean, I think I’d be OK in more formal settings - just pair it with a suit and away you go, but in every … ContinuedThe post HOW TO: Wear two-tone (and not look like Gordon Gekko) appeared first on Time+Tide Watches.