Revolution
Swatch Group Furious Over Antitrust Agency’s Impending Movement Sale Ban
The Swiss Competition Commission will ban ETA from supplying movements to all third-party customers in 2020, starting 1st January; Swatch Group calls foul.
22,140 articles · 221 videos found · page 281 of 746
Revolution
The Swiss Competition Commission will ban ETA from supplying movements to all third-party customers in 2020, starting 1st January; Swatch Group calls foul.
Hodinkee
Bright lights, big city.
Hodinkee
Our weekly picks of watches from around the web.
Time+Tide
As a category, highly paid athletes are known for the occasional BIG flex. Bespoke cars, planes and all the rest are de rigueur for these guys. And, of course, the wristwatch, being both highly visible and highly valuable, is a great example of this. Now, wearing those factory diamonds on your downtime is one thing, … ContinuedThe post WATCHSPOTTING: NFL star Odell Beckham gives a masterclass on flexing wearing Richard Mille in his debut match with the Cleveland Browns appeared first on Time+Tide Watches.
SJX Watches
Swiss watchmaking groups Richemont and Swatch Group just announced their first quarter and six-month results for 2019 respectively, with each going in opposite directions. Owner of brands like Cartier, IWC and Panerai, Richemont saw growth across most segments and regions. Overall sales were up 12% at constant exchange rates, with every region growing in the low teens save for the Middle East and Africa. Sales in Asia grew 10%, led by China, where demand is up due to lower taxes locally on luxury goods and more stringent checks on travellers importing items bought overseas. Most notable was the performance of its online channels, namely luxury fashion mall Yoox Net-a-Porter (YNAP), pre-owned watch merchant Watchfinder, and to a lesser extent. That growth is from a low base of comparison: last year’s first quarter for each platform was only two and one month respectively. That being said, online sales are still substantial, rising to 50% to €648m, almost equal to the €698m of sales in the Americas as a whole. The group’s watchmaking brands, which include A. Lange & Söhne and Vacheron Constantin, saw overall sales dip 2%. This was attributed to a reduction in the number of sales channels as well as reduced orders of new product by retailers. Up in Biel, where the Swatch Group has its headquarters, half-year sales were down 3.7% at constant exchange rates, to 4.07 billion Swiss francs. Net profit followed suit, shrinking 11.3% to 415m francs. For the full year, howe...
Hodinkee
Two hundred reporters, three days, six towns, six brands, zero Baselworld.
Hodinkee
Slim, plastic, and tons of fun.
Deployant
Next week is Swatch Week. We will be focussing on the top 6 Swatch brands as we go live from Switzerland with "Time to Move"
Deployant
The Swatch Group's Nick Hayek announces increased turnover and profits for 2018, and that it will never return to Baselworld or any other mega exhibitions.
Revolution
A sampling of financial information from the financial reports/releases of Swatch, LVMH, Richemont helps us take stock of 2018, and peek into 2019.
Revolution
Swatch Watches unveils the Swatch Flymagic featuring the Swatch Group’s latest innovation in watchmaking: the titanium-based Nivachron hairspring.
Revolution
When the Swiss watchmaking industry found itself in the pits, it took a visionary man and a most improbable Swatch to lift it to new heights.
Two Broke Watch Snobs
The Swatch Swatch Piú Nero ref. SUOB157 with pricing, images, and quick look at this very affordable Ressence alternative.
Revolution
Revolution
Deployant
In this week's article, we take a look at six watches that we reckon will work well as a companion in the upcoming world cup matches.
Deployant
With the staggering difference in stock price performance between Swatch Group and Richemont, we decided to dig deeper with an analysis on what had contributed to the disparity.
Deployant
Creating a #FutureClassic - Swatch launches the SKIN Irony collection where signature classic lines sway graceful contemporary contrasts and everlasting materials merge with elegant profiles and lustrous reflections.
Deployant
We take a quick glance at the recent Swatch Group 2017 financial result, and provide a short analysis on the both the current and future outlook of the conglomerate.
Time+Tide
Editor’s Note: Look, it’s not the first time anyone has thought of combining watches with whisky. It is, however, surely the first time an Italian barman in Ginza, Tokyo did the matching. It was the kind of performance the hashtag #nailedit was created for. Consider for a moment that two Aussie guys dropped in to … ContinuedThe post EDITOR’S PICK: We asked the Bulgari barman to match watches to whisky, and he absolutely nailed it appeared first on Time+Tide Watches.
Time+Tide
When you visit the heart and home of Longines, at Saint Imier in the Switzerland’s Jura valley, the brand’s link with skiing is immediately demystified. This is a skiers paradise, and in the early days of the sport’s timekeeping in the 1920s, the Longines watchmakers would not have had to travel far to test their latest … ContinuedThe post VIDEO: Longines and ski timekeeping, a match made in the mountains a very long time ago… appeared first on Time+Tide Watches.
Deployant
Swatch Group's first half showed positive results ins ales and an increase in operating margin. It managed to pursue macro strategies of sustained investmen
Deployant
Review of Swatch Sistem51 Irony with price, hands-on analysis and live high resolution photographs.
Deployant
Press release and analysis on the Swatch Group results for the first half 2016
Deployant
Swatch Sistem 51
Revolution
Biel/Bienne (Switzerland), January 14, 2013 – The Swatch Group Ltd. in Biel/Bienne has acquired 100% of the shares of the US company HW Holdings Inc., owner of Harry Winston Inc. The $750 million deal sees the jeweller and watchmaker selling its watches-to-necklaces division to Swatch Group Ltd. The sale doesn’t include diamond mining operations of […]
Hodinkee
The business incubator is coming to the watch bench with Ateliers Associés, a new venture promising business support, infrastructure, industry know-how, and contacts for independent watchmakers and young brands. The incubator is the brainchild of industry veterans William Massena of Massena LAB and Louis Westphalen-Lemaitre, a former Hodinkee staffer and most recently responsible for brand development and marketing at LVMH's Gérald Genta and Daniel Roth revivals. William Massena Business incubators, which provide capital, office and manufacturing facilities as well as corporate services and guidance to start-ups in return for a stake in the young companies they back, have been around for more than half a century. They have thrived in the technology, specialized manufacturing, and biotech sectors by backing innovative ideas and business plans. There have also been high-profile failures, particularly in the so-called dot.com era of the late 1990s and early 2000s, as a surge of internet startups joined with tech incubators to raise capital only to collapse in short order. Now, as interest in independent watchmakers grows into an increasingly significant part of the watch industry, with scores of young watchmakers seeking to produce their own projects, Massena and Westphalen-Lemaitre are betting the incubator concept can be applied to horology, with hopes of building the next generation of independent watchmaking businesses and brands. Louis Westphalen-Lemaitre.Photo c...
Worn & Wound
French microbrand Serica has toiled since 2019 to create an aesthetic that makes their watches instantly recognizable—rounded design elements with precise proportions, even wildly varying models like their field watch, diver, and stadium-shaped Parade contain unifying hallmarks: carefully considered dial balance, 1970s-esque styling, and prominent bezel designs all signal a Serica timepiece. Over the past seven years, they’ve continued to refine their watches from a mechanical standpoint, too, introducing complications and added robustness to withstand tool watch duties. The 8315 line of GMT models is perhaps their most function-forward design, first debuting in 2022. Like most Serica watches, it favors a cleanly balanced dial, meaning no date function—ideal for a travel watch, which is the intended use of the 8315, earning it the “Travel Chronometer” name. Now, Serica unveils a slick new colorway for the popular model: Golden Green. The 8315-3 Golden Green doesn’t purport to be a grand deviation from the Travel Chronometer formula. In fact, it bears the same internals and basic design as its line-mates, primarily the Swiss chronometer-certified Soprod C125 automatic movement, which allows for 42 hours of power reserve and 200 meters of water resistance. This movement powers the GMT hand and “caller” GMT function. This gives it a simpler use case than the more complicated local jumping “flyer” GMT seen in watches like the Tudor Black Bay GMT; basicall...
Fratello
Serica continues to expand its collection while maintaining its high standards. The Parisian brand pays particular attention to color, and founder Jérôme Burgert is famously meticulous about getting the shades just right. I remember discussing the light blue ceramic bezel of the 5303-3 dive watch with him. He took a similarly deliberate approach to the […] Visit The New Serica 8315 Travel Chronometer Golden Green Brings A Different Shade Of Character to read the full article.
SJX Watches
Singapore’s micro-brand watch fair Spring Sprang Sprung (SPRG) returns this November with its largest and most international edition to date. Moving to a larger venue at Glass Dome, the event will bring together 78 exhibitors, up from 22 at its inaugural edition in 2022. New exhibitors and familiar faces Of SPRG’s 78 exhibitors, 40 are returning and 38 are participating for the first time. The newcomers include Christopher Ward and Raymond Weil, adding more established names to a line-up that remains rooted in micro-brands. Catering to this clientele, Japan’s Miyota will exhibit its movement offerings. Returning Singaporean brands include Feynman Timekeepers and Vario, along with strap maker Yi Leather. Four exhibitors will represent Indonesia, while this edition also features the fair’s largest contingent of Chinese watch brands yet, including returning exhibitor Seagull, which, like Miyota, defies the micro-brand classification. As with many watch fairs, the programme includes panel discussions and interactive sessions, with workshops for visitors who would like a more hands-on introduction to watchmaking. Watch week in Singapore This year’s fair coincides with IAMWATCH, the gathering hosted by The Hour Glass dedicated to independent watchmaking, which runs November 12-15. The overlap gives collectors travelling to Singapore the opportunity to visit both, while offering small brands from Singapore and elsewhere in Asia a chance to reach an international audienc...
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