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Business News: De Grisogono Declares Bankruptcy SJX Watches
Jan 29, 2020

Business News: De Grisogono Declares Bankruptcy

Swiss jeweller De Grisogono, which in its prime was one of the most extravagant brands on the planet, has just filed for bankruptcy in Geneva, as a result of Luanda Leaks, the financial scandal that has engulfed Isabel dos Santos, the daughter of Angola’s former president, reports Swiss newspapers Tribune de Geneve and Le Temps. Luanda Leaks, a trove of leaked documents published by investigative news organisation ICIJ, revealed Angolan state funds were allegedly channeled to Ms dos Santos, helping make her the richest woman in Africa. Even before the leaked documents, Ms dos Santos and her family were already under pressure from her father’s successor, who has vowed to root out corruption in the oil-rich African nation. According to the documents, a portion of went to fund De Grisogono, which was acquired by a Angolan investors in 2012. The investment was led by Ms dos Santos’ husband, Sindika Dokolo, but allegedly funded by Sodiam, Angola’s state-owned diamond company. With De Grisogono continuing to lose money since 2012, the brand’s owners had been hawking De Grisogono for some time with no luck, and Luanda Leaks were the final nail in the coffin – the brand declared bankruptcy on Tuesday, January 28, 2020. The King of Black Diamonds Founded by Fawaz Gruosi in 1993, De Grisogono was perhaps most famous for its incredibly lavish annual party at the Cannes Film Festival – reputedly costing as much as 3 million francs in some years – that everyone who ...

The 3 mistakes I made buying a vintage watch, my cautionary tale Time+Tide
Nov 9, 2019

The 3 mistakes I made buying a vintage watch, my cautionary tale

How did I accidentally become a vintage watch guy? Partly, I blame the fact that I’ve got the spindly wrists of a teenage girl. That meant I naturally gravitated towards smaller dials. But I also put it down to the tawdry state of my finances. When I first started to get into watches - before the retro … ContinuedThe post The 3 mistakes I made buying a vintage watch, my cautionary tale appeared first on Time+Tide Watches.

7 fun facts I discovered at the Seiko Museum Time+Tide
Seiko Museum Editor’s note Seiko Sep 13, 2019

7 fun facts I discovered at the Seiko Museum

Editor’s note: Seiko is a brand with a pretty incredible history. And a lot of this history goes under the radar, to be honest. Which is why, when Sandra visited Tokyo last year we strongly suggested she make a detour to Seiko’s Museum. Here’s what she learned … If you’re ever in Tokyo, I strongly … ContinuedThe post 7 fun facts I discovered at the Seiko Museum appeared first on Time+Tide Watches.

Marlon Brando’s Apocalypse Now Rolex to be auctioned by Phillips Time+Tide
Rolex Jul 11, 2019

Marlon Brando’s Apocalypse Now Rolex to be auctioned by Phillips

Marlon Brando’s Rolex GMT-Master ref. 1675, worn by him on the set of Apocalypse Now, is to be auctioned by Phillips Watches Department. The story was broken by the New York Times, with the provenance of the piece being traced from Brando, who in 1995 gave the watch to his adopted daughter Petra Brando Fischer, … ContinuedThe post Marlon Brando’s Apocalypse Now Rolex to be auctioned by Phillips appeared first on Time+Tide Watches.

INTRODUCING: Time+Tide’s NOW Magazine Edition 1, now available in the shop Time+Tide
Nov 1, 2018

INTRODUCING: Time+Tide’s NOW Magazine Edition 1, now available in the shop

It was the kind of unanswerable question only a toddler could ask. We were sitting in a sun-warmed café window-seat early one morning, and the moon was still visible in the blue sky. While I sipped my latte, and my eldest daughter, Indie, smeared as much of her berry smoothie on her upper lip as … ContinuedThe post INTRODUCING: Time+Tide’s NOW Magazine Edition 1, now available in the shop appeared first on Time+Tide Watches.

INTRODUCING: The collector’s complication – Panerai’s Luminor 1950 8 Days Equation of Time Titanio Time+Tide
Panerai s Luminor 1950 8 Sep 6, 2016

INTRODUCING: The collector’s complication – Panerai’s Luminor 1950 8 Days Equation of Time Titanio

With the release of the Luminor 1950 Equation of Time 8 Days GMT Titanium Panerai is placing one of haute horlogerie’s most misunderstood complications into the classic Luminor package. Primarily known as one of the archetypal tool-watches, this latest release plucks the Luminor from the depths of the ocean and puts it in the planetarium. Panerai … ContinuedThe post INTRODUCING: The collector’s complication – Panerai’s Luminor 1950 8 Days Equation of Time Titanio appeared first on Time+Tide Watches.