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Results for La Chaux-de-Fonds

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La Chaux-de-Fonds

Industrial capital of Swiss watchmaking. Birthplace of Omega and Girard-Perregaux, home of Greubel Forsey, the MIH, and UNESCO-listed with Le Locle.

Sotheby’s Masterworks Of Time Part Three Is Dedicated To Treasures From Breguet’s Workshop And Other Historical Delicacies (Updated With Results) Quill & Pad
Breguet s Workshop Jun 1, 2020

Sotheby’s Masterworks Of Time Part Three Is Dedicated To Treasures From Breguet’s Workshop And Other Historical Delicacies (Updated With Results)

Following part one and two of this series of auctions, the third in this four-part series by Sotheby’s called Masterworks of Time is entitled "Abraham-Louis Breguet, Horologist Extraordinaire." Extraordinarily, this auction comprising only pocket watches by Breguet and other masters will take place online, beginning on June 3, 2020 at 4:00 pm CET.

Eight Collectors of Independent Watchmaking to Follow on Instagram SJX Watches
F.P. Journe tourbillon Akrivia Chronometre Contemporain May 25, 2020

Eight Collectors of Independent Watchmaking to Follow on Instagram

While the vast majority of watch content on Instagram is predictable and repetitive – hello Nautilus with baguette gemstone bezel and Submariner “Hulk” –  there are a couple of collectors with interesting watches who share their collections on the picture-sharing app. The most interesting for me are the independent-watchmaking enthusiasts. Most own watches that well known and regarded as landmarks in the genre – Philippe Dufour Simplicity, F.P. Journe tourbillon, Akrivia Chronometre Contemporain, and the like – but many also have watches further off the beaten track, like Keaton Myrick’s 1 in 30 or the Bexei grande sonnerie. Here are a few independent-watchmaking collectors who are worth a follow. @igwatchlover – A collector based on Southeast Asia, Igwatchlover features his own watches, as well as occasionally watches owned by his friends – who are also accomplished collectors. Amongst the watches that can be found on his account is the unique and elaborate Voutilainen Starry Night Vine, and the Vox Vinum grande sonnerie by Aaron Becsei, and the one-off, regulator-dial minute repeater by Voutilainen. And he also features a good number of notable complicated watches from the 1990s, which are overlooked today but often just as interesting as the latest creations. @horoptimist – A longtime collector who only started his Instagram account recently, Horoptimist is based in Asia but has managed to visit several independent watchmakers in their home count...

Business News: Swiss Watch Exports Forecast to Drop 25% in 2020 SJX Watches
Patek Philippe have shut their factories Apr 6, 2020

Business News: Swiss Watch Exports Forecast to Drop 25% in 2020

Swiss private bank Vontobel has just published its highly-regarded annual report on the luxury watch industry – the news for 2020 is grim. Put together by a team led by managing director Rene Weber, the Vontobel Luxury Goods Shop predicts a 25% fall in Swiss watch exports in 2020 – the biggest drop in 50 years as a result of the COVID-19 coronavirus pandemic. A proxy for the global luxury watch market, Swiss watch exports declined 22% during the 2008 financial crisis, and recovered swiftly the year after. But during the financial crisis there were no store or factory closures, and no halt to international travel. Since mid-March most watch brands, including giants Rolex and Patek Philippe, have shut their factories, or introduced short-time work, with between 60-70% of employees at Swatch Group working reduced hours. File photo of the Rolex factory in Bienne that’s gone quiet for now. Photo – Rolex At the peak of the pandemic in China, when practically the entire country was in lockdown, Vontobel estimated February sales fell 80%, something it expects will be repeated throughout the rest of the world. And even e-commerce is not enough to alleviate the situation substantially, because of logistical challenges. The report notes that as of mid-March,”the Swiss watch industry has come to an almost global standstill.” Unsurprisingly, the bank expects the pandemic to result in a steeper fall and slower recovery for the Swiss watch industry. The bank expects a s...