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Jaeger-LeCoultre Introduces Jul 20, 2020

Jaeger-LeCoultre Introduces the Master Ultra Thin Kingsman Knife Watch

Jaeger-LeCoultre (JLC) teamed up with online menswear purveyor Mr Porter to create a wristwatch for the upcoming retro spy film The King’s Man, where the heroes are mainly sharply-dressed spies with canes and signet rings. Set in the years before the First World War, the film doubtlessly called for a watch that is seemingly period-correct – yet obviously one that would appeal to the today’s consumer. The result is the Master Ultra Thin Kingsman Knife Watch, a razor-thin, 4.25 mm wristwatch that takes inspiration from a vintage ultra-thin pocket watch. Initial thoughts At a glance, the watch might seem like a conventional but handsome dress watch. But the case design is outstanding – and compared to JLC’s recent creations, dramatically different.  The case is round with a wide, double-stepped bezel, a feature that gives it an old-school, classic feel. And the stepped bezel also adds presence so that the case doesn’t look too flat. And more unusually, the crown is at 12 o’clock and protected by a triangular bow. And the reason for the crown position is the fact that the watch is essentially a pocket watch with lugs. The origins of the design lie in a 1907 Jaeger-LeCoultre pocket watch, nicknamed “couteau” – French for “knife” – after its thin case with a sharp edge. That said, the “couteau” pocket watch is arguably more widely associated with Cartier, which relied on LeCoultre movements for its watches, which were made by the European Watch & C...

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Panerai Introduces Jul 20, 2020

Panerai Introduces the Luminor Blu Mare 44 mm PAM01085

Perhaps the most recognisable Panerai is the Luminor Marina 44 mm. A modern-day creation inspired by a vintage military-issue watch, the Luminor Marina was introduced in 1993, and a decade later became one of the watches that kickstarted the fashion for bigger watches. While the Luminor Marina was historically all about black dials for a no-nonsense military look, Panerai has been injected more colour into the line up for a civilian-friendly style. The new Luminor Blu Mare 44 mm PAM01085 – blu mare translate as “blue sea” – retains the traditional design codes of the Luminor plus a fashionable blue dial. Initial thoughts While earlier Luminor models like the PAM1663 and the PAM1033 have had blue dials, but the new Luminor is arguably the cleanest, harking back to the entry-level Luminor Marina “Logo” of about a decade ago. The blue is metallic, subdued and finished with a radial-brushed finish that’ll definitely catch the light nicely. A colour that’s been in vogue for a couple of years, the blue dial gives the Luminor Blu Mare a slightly more elegant and contemporary feel than the typical Panerai, a useful quality for someone who likes the functional Panerai design but prefers lighter colour palette. The design, however, is strictly traditional. With the vintage originals designed as functional instruments for navy frogmen of the Second World War, the new Luminor is expectedly utilitarian, with large, eminently simple hands and indices – very much the ...

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Glashütte Original Introduces Jul 17, 2020

Glashütte Original Introduces the PanoLunarTourbillon Limited Edition

Contemporary yet traditional, the Pano collection has been a staple of Glashütte Original’s offerings. The latest Pano wristwatch is a departure from the line’s typically clean styling – the PanoLunarTourbillon Limited Edition. Limited to 25 watches with a platinum case, the new watch is a variant the standard tourbillon model, dressed up with impeccable engraving on the dial and movement. Initial thoughts With hand-engraved filigree decoration across the dial (and movement, this is easily one of the most attractive in the Pano collection, more so than the standard PanoLunarTourbillon. Similar to the decoration usually found only on the balance cock of Glashütte Original movements, the engraving is made up of pronounced lines and a complex pattern, giving the watch a markedly different character from the standard model. The hand engraving was executed in Glashütte Original’s dial factory in Pforzheim And the look is further enhanced by the metallic blue of panorama date, hands, indices and moon phase, a blue-on-silver livery that provides a sharp and elegant contrast. While the look is elegantly ornate, it’s a big watch, clocking in at 40 mm wide and 13.10 mm tall, probably a bit too big for a watch of this style. The case size suits contemporary tastes, but something thinner and perhaps 38 mm in diameter would work better with the design. German aesthetic Underneath the decoration, the watch is identical to the standard PanoLunarTourbillon. It retains the a...

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H. Moser & Cie Introduces Jul 17, 2020

H. Moser & Cie. Introduces the Pioneer Centre Seconds Swiss Mad Red

H. Moser & Cie. debuted its inaugural sporty watch in 2015 with the Pioneer Centre Seconds (and followed up recently with the even more sporty Streamliner). Now Pioneer Centre Seconds Swiss Mad Red with a red fumé dial joins the line up. Both the colour and name are inspired by the original Swiss Mad watch of 2017, which took its colours from the Swiss national flag. Initial thoughts As is typical of Moser’s fumé finish, the dial is immediately gripping. The graduated, smoked finish results in a colour that varies in shade depending on lighting and perspective, which adds a lot of visual appeal. Though graduated-colour dials were not invented by Moser, it has become synonymous with the brand. Moser has presented fumé dials in green and many shades of blue, but bold red finish is perhaps the most enticing to date. Although the Pioneer is technically a sports watch, the elegant styling of the dial does not translate well onto such the large, almost-43 mm case, which definitely wears and looks large on the wrist. I would have preferred a case of say, 38 mm, large enough to be a sports watch, while still complimenting the dial. Minimalism While the colour is striking, the watch itself is minimalist and no-frills in the usual Moser style, displaying only the time without any superfluous elements on the dial. Still, the dial manages to incorporate several details that add to the appeal, including faceted markers, open-worked hands, and luminous dots on the flange. De...

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Panerai suffered from widespread store Jul 16, 2020

Business News: Richemont Sales Halve in First Quarter of 2020

Just days after the Swatch Group posted dismal half-year results, Richemont reported predictably poor sales for its first quarter, with revenue falling 47% to €1.99 billion compared to a year earlier. Like its rival the Swatch Group, Richemont was hit hard by the COVID-19 pandemic. The owner of almost two dozen watch and jewellery brands, including Cartier, IWC and Panerai, suffered from widespread store and distribution centre closures, a worldwide halt in tourism, and dampened consumer interest in many of markets, although China was a bright spot. Degrees of resilience The group’s business across the world was affected to varying degrees from region to region, depending on a combination of factors, namely the duration of closures, tourist spending, and spending of the domestic buyers. Although Richemont reported double-digit sales declines across all regions, distribution channels and business areas, the decreases were less pronounced in the Middle East, Africa, and Asia Pacific – the latter benefitted from a 47% year-on-year growth in sales in China, which exited its lockdown earlier than the rest of the world. China’s performance helped keep sales in the Asia Pacific resilient, to a degree. Sales in the region decreased by 29% at actual exchange rates to €277m, declining in all Asian markets, except China. Amongst the hardest hit were Japan and the Americas, where sales dropped 62% and 60% respectively due to widespread closure. The 2020 Cartier Privé Tank...

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De Bethune DB28XP Despite being only Jul 16, 2020

Up Close: De Bethune DB28XP

Despite being only 18 years old, De Bethune has managed to create a surprisingly large number of unique and emblematic case designs, along with a slew of complications and movement innovations. But its signature case design is probably the DB28, a large, thin watch with a pair of sprung, pivoted lugs. For the 10th anniversary of the DB28, De Bethune has slimmed it down to create the DB28XP. Significantly thinner and slightly more wearable, the DB28XP is still instantly recognisable for what it is. Dial detail of the DB28XP Starry Sky Initial thoughts The DB28XP is a smartly conceived watch because it manages to capture everything that made the DB28 special, except in a thinner case that feels more refined and is clearly more elegant. The original DB28 wasn’t excessively thick, but the DB28XP is substantially thinner, thin enough it feels a little like a sci-fi dress watch. The DB28XP wears sleek and light, with the “floating” lugs hugging the wrist comfortably, while the aesthetic is clearly quintessential De Bethune, which means polished or heat-blued titanium. And though it’s slimmer than the original, the DB28XP is still executed to the same level of quality, down to the smallest of details. The teeth of the barrel ratchet wheel of the movement are polished, for instance, while the hands are either polished titanium or pink gold, depending in the version. The original DB28 (top) and the DB28XP But the DB28XP is a little fancier than the original in design, with...

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Seiko Introduces Jul 15, 2020

Seiko Introduces the Prospex LX Limited Edition SNR045 Spring Drive Diver

Launched at Baselworld last year, the Seiko Prospex LX is a series of solidly-engineered sports watches conceived for air, land and sea – and designed in collaboration with Ken Okuyama, once the Creative Director at Pininfarina and one of Japan’s most prolific car designers. Powered by Seiko’s trademark Spring Drive movement, the Prospex LX Limited Edition SNR045 retains the familiar design modelled on the Seiko 1968 Hi-beat Diver, but now dressed in green. The textured dial is inspired by an underwater forest of moss pillars – nicknamed “kokebozu”, or “moss child”, by Japanese scientists – located at the bottom of a lake in Antarctica’s Skarvsnes Foreland. The “kokebozu” moss pillars in Antarctica Initial thoughts With both its dial and glossy ceramic bezel in forest green, the watch is immediately striking – and reminiscent of well-known, hulking green dive watch. The all-green dive watch is fashionable now, and Seiko is one amongst a host of brands doing it, so the colour is not unique. But Seiko executes its watches well – quality is excellent inside and out – and excels in highly-functional dive watches that perform well in legibility and usability. That sets this apart from the competition. As a sucker for textured dials, the ribbed dial pattern – meant to evoke the aquatic moss pillars – is highly appealing. It adds depth and character to what is otherwise a no-nonsense “tool” watch. I am not a fan of the power reserve in...

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Longines had Jul 14, 2020

Business News: Swatch Group Sales Plunge on Pandemic Closures

Swiss watchmaking conglomerate Swatch Group just announced its half-year 2020 results and unsurprisingly, it took a huge hit due to the COVID-19 pandemic. Although the group, which owns brands like Omega and Longines, had a good start in January with an operating margin of 17.3% – with the watch and jewellery brands performing a bit better than movement- and component-production division – the lockdown progressively imposed across the world since February severely impacted sales, leading to a steep declines in revenue and half-year operating loss, a first for the group. Group sales for the first half plunged 43.4% at constant exchange rates from a year earlier, resulting in an operating loss of CHF327m, compared to a profit of CHF547m for the same period in 2019. Most of the drop in sales was attributed to the lockdowns in most countries, resulting in widespread store closures. The Swatch Group saw up to 80% of both its own boutiques and third-party retailers close, meaning it had to rely on partially “partially feasible” e-commerce. And even after lockdowns were lifted, the group permanently vacated some of its retail space, as evidenced by disputes with its former landlord in Hong Kong, which has sued the Swatch Group for several million in allegedly unpaid rent. Due to its swiftly-streamlining retail network, the group’s employee count was trimmed by 6.5% since December 2019 to approximately 33,700 employees. This was also confirmed by anecdotal evidence fro...

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Patek Philippe Introduces Jul 14, 2020

Patek Philippe Introduces the Ref. 5370P-011 Split-Seconds Chronograph

Unveiled in 2015, the ref. 5370P-001 was Patek Philippe’s second split-seconds chronograph powered by an in-house caliber, after the watches equipped the smaller, slimmer, and far more expensive CHR 27-525 movement. With a black grand feu enamel dial featuring Breguet numerals that gave it an eminently classical style, the ref. 5370P was a hit with fans of the brand. Now the black-dial ref. 5370P has been discontinued and replaced by the Split-Seconds Chronograph Ref. 5370P-011. The new model is identical – with the same CHR 29-535 PS inside a 41 mm platinum case – except for the dial, which is now grand feu enamel in a stunning blue. Initial thoughts Like many others, I am a huge fan of the 2015 original for its balanced, restrained design that is also eminently legible and clear. As a fan of Patek Philippe’s traditional designs, the watch was also appealing for the design lineage that can be traced to Patek Philippe watches of the mid-20th century. While the original is compelling for its vintage cues, the new version feels more modern with the blue enamel dial. As a colour that’s been in vogue for a couple of years, the new dial transforms the personality of the watch into one that is more contemporary. While this facelift will undoubtedly be popular because blue dials are the colour du jour, I still have a preference for the original as the black enamel dial was more understated and in keeping with the brand’s historical designs. Precious materials Being...

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Patek Philippe Introduces Jul 14, 2020

Patek Philippe Introduces the Minute Repeater Tourbillon Ref. 5303R-001

Originally introduced as the 12-piece limited edition ref. 5303R-010 for the Patek Philippe Watch Art Grand Exhibition Singapore 2019, the Minute Repeater Tourbillon was a unique watch amongst the brand’s grand complications. It combined an open dial, partially-skeletonised movement equipped with a minute repeater and tourbillon, within a case with contrast-colour gold inlays. Now the reference has entered the catalogue as a regular-production model with the Minute Repeater Tourbillon Ref. 5303R-001. Initial thoughts When first debuted during the Grand Exhibition in Singapore, the ref. 5303R was polarising but popular. Traditionalists who favour the old-school Patek Philippe style (think Breguet numerals and leaf hands) didn’t appreciate it, but those who wanted something more contemporary or unusual loved it. Initially I though the look was too much, but came to appreciate it, especially in the context of a Patek Philippe collector who already has several watches. This looks different, while still having all of the key features that make it appealing, namely the excellent minute repeater sound and the “octopus” wheel on the back. Skeletonised and inlaid The key features of the new watch are identical to the Singapore edition. The movement is the Cal. R TO 27 PS, featuring both a minute repeater with cathedral gongs and tourbillon. Both the complications are visible on the dial, with the hammers and racks exposed at 11 o’clock, and the gongs circling the dial. Th...

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Vacheron Constantin Jul 14, 2020

Patek Philippe Introduces the Perpetual Calendar Chronograph Ref. 5270J-001

After an extended absence, Patek Philippe’s signature perpetual calendar chronograph is once again available in yellow gold with the Perpetual Calendar Chronograph Ref. 5270J-001. The new watch joins the platinum and rose gold versions currently in the catalogue, and is the first perpetual calendar chronograph in yellow gold since the ref. 5970J was discontinued in 2009. Initial thoughts The very first Patek Philippe perpetual calendar chronograph powered by an in-house movement, the ref. 5270 was introduced in 2011 but remains under appreciated, primarily because it isn’t one of the earlier perpetual calendar chronograph that are regarded as “iconic” (namely the refs. 5970, 3970, 2499 and 1518). But the ref. 5270 is excellent, or at least very good, in most tangible aspects. It’s a well-made watch with a smartly-constructed, modern movement inside robust-yet-elegant case of that sort that Patek Philippe excels at. And functionally it is also excellent, especially with the slightly larger calendar windows. Admittedly the movement finishing is not quite artisanal, but it is on par with other high-end brands that produce watches in substantial numbers, like Vacheron Constantin and Audemars Piguet. It does costs more than what the competition charges for an equivalent watch, but the value of the Patek Philippe brand is tremendous. The ref. 5270J adds the option of a far more classical look to the line up. The combination of a silver dial and yellow gold case is the ...

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IWC Portugieser Chronograph 3716 Launched Jul 14, 2020

Up Close: IWC Portugieser Chronograph 3716

Launched three years after the Portugieser rattrapante chronograph of 1995, the first-generation Portugieser Chronograph ref. 3714 combined straightforward good looks, excellent dimensions and an affordable price. Unsurprisingly it was resoundingly popular, and a bestseller for over 20 years. Apart from an upmarket spin-off, the ref. 3903 with the in-house cal. 89361 – that was not quite a success due to a size and price – the ref. 3714 remained virtually unchanged since inception except for a new dial colour every so often. The movement within also remained the same over its two-decade production run – the cal. 79350, a gently upgraded Valjoux 7750. Then in 2018, IWC offered the first glimpse of the future when the brand celebrated its 150th anniversary. Amongst the commemorative editions was the Portugieser Chronograph Edition 150 Years ref. 3716, near identical to the ref. 3714 but powered by the in-house cal. 69355. Now the Portugieser Chronograph 3716 has officially joined the catalogue as a regular-production model, replacing the venerable ref. 3714. The ref. 3716 in the classic gold-on-silver guise The ref. 3716 in burgundy Initial thoughts The new Portugieser Chronograph ref. 3716 is essentially a ref. 3714 with a superior, in-house movement. If you liked the original, you will definitely like the ref. 3716. Importantly, the ref. 3716 6 is a good value proposition. It’s priced at less than 5% over the original, a modest and entirely reasonable increase....

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Richard Mille Introduces Jul 13, 2020

Richard Mille Introduces the RM 11-05 Automatic Flyback Chronograph GMT

A star of contemporary watchmaking as a result of its consistent innovation in unusual, lightweight materials, Richard Mille watches have a unique style that is instantly recognisable. A bestseller that’s arguably the brand’s signature watch, the  RM 11 is large, technical-looking, and now in its fifth generation. The RM 11-05 Automatic Flyback Chronograph GMT is the latest to join the RM 11 line-up, which was first launched over a decade now but regularly face-lifted. Limited to 140 pieces and powered by the same RMAC3 calibre found in its predecessors, the RM 11-05 continues Richard Mille’s material-centric design with a case in grey cermet. Initial thoughts Richard Mille watches are unfailing bold, and often extravagant; the RM 11-05 sticks to that formula and is immediately identifiable. It is a modest, incremental change over earlier RM 11 variants, so it doesn’t offer substantial novelty. But for a fan of the brand and its trademark style, it is very much the traditional Richard Mille look and feel. Blending metal and ceramic The RM 11-05 is novel in its case material – surprising since the brand seems to have used every conceivable modern material – which is grey cermet case, a first for Richard Mille. A contraction of ceramic and metal, cermet is a composite of ceramic and metal alloy, resulting in a material that combines the properties of the two. Cermet is more commonly employed in  ballistic protection and aerospace components. Although the m...

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Zenith Becomes Most Expensive Jul 11, 2020

Auction Watch: Unique Daytona “Zenith” Becomes Most Expensive Modern Rolex

Having just set the record for a modern Rolex wristwatch two years ago when a unique, platinum Daytona ref. 16516 with a Zenith movement sold for US$871,000, Sotheby’s broke its own record with yet another one-off Daytona in platinum that sold for HK$25,375,000, or about US$3.27 million, fees included. The Daytona became the most valuable modern Rolex despite having been relatively under the radar prior to the sale. While the platinum Daytona sold in 2018 was widely published in the press and social, today’s example was not covered by any of the key horological publications. And it was depicted with a bizarre turquoise leather strap in catalogue photos, though the strap was replaced with one in a neutral shade of tan during the preview exhibition. The famous five Both were part of a five-piece run of Zenith Daytona watches with platinum cases made at the request of former Rolex chief executive Patrick Heiniger in 1999. The late Heiniger reputedly kept one for himself, and gifted the others to key business partners. The watch sold in 2018 for instance was a wedding gift a member of the family that was a longtime Rolex retailer in Italy. All share the same model reference 16516, but each was unique in having a different dial made of an exotic or precious material. The example sold in 2018 had a dark mother of pearl dial, which was also found on the standard-production white gold Daytona of the period. In contrast, the platinum Daytona that just sold at Sotheby’s has a ...

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Hublot Big Bang Unico Sapphire Jul 10, 2020

Bovet Introduces the Récital 26 Brainstorm Chapter Two

Helmed by Pascal Raffy, Bovet is a small and independent brand that excels in timepieces that are ornate, original and eccentric – and often highly complicated. The modern-day philosophy of the brand echoes the brand’s origins in the 19th century when it was a leading purveyor of pocket watches to the Chinese market. This year, Bovet furthers its distinctive expression of watchmaking with the Récital 26 Brainstorm Chapter Two. Features an imposing but transparent sapphire case with a sloped, “writing desk” profile, the watch is equipped with a host of complications, from a flying tourbillon to a three-dimensional moon phase. And despite the name, Brainstorm Chapter Two is not just a sequel to the Brainstorm Chapter One, but is more like a newly-conceived watch. Initial thoughts Immediately eye-catching, the sapphire case has a very unconventional inclined shape. Introduced in 2016, the form takes after the traditional sloped-top writing desk and is now a signature Bovet design. While transparent sapphire cases are not new – they are in fact commonplace today with watches with several launched this year, including the Hublot Big Bang Unico Sapphire and the Chanel J12 X-Ray – the Bovet case is unusual in form. It is not entirely sapphire, however, and instead made up of a titanium frame of the case back and lugs, with the sapphire case middle and front mounted on the frame. The titanium case back and its pins that secure the sapphire case middle Though fashi...

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Jul 10, 2020

Business News: James Murdoch to Become Major Shareholder in Baselworld Owner

Having been pummelled by the COVID-19 pandemic and the implosion of Baselworld, the watch fair’s owner MCH Group has just announced a CHF104.5m rescue led by the canton of Basel and James Murdoch. But the crown jewel is not the Baselworld watch and jewellery fair, but Art Basel, which is undoubtedly the prize Mr Murdoch is after. As part of the rescue, the canton of Basel will convert its CHF30m loan to MCH into equity, with the balance being made up of a rights issue priced at a 25% discount to the 30-day average for MCH shares, which hit a peak of CHF80 in 2017 and traded around CHF17 in recent weeks. Through his family investment office Lupa Systems, Mr Murdoch will underwrite the rights issue, subscribing to all rights not taken up by other shareholders. At the same time, the canton of Basel and its regional bank have extended the repayment period for outstanding loans to MCH, while a bond offering is planned in the near future. Beyond shoring up the finances of MCH, the exercise will leaving Mr Murdoch with 30-44% of MCH Group, along with three board seats. Restrictions on shareholder voting rights will also be abolished, removing the outsized voting power of the cantons of Basel and Zurich, once the dominant influences in MCH. A long-term investment Mr Murdoch is the younger son of Rupert Murdoch, perhaps the most powerful figure in the broadcast and news business in the Western world. Recent newspaper reports have said the younger Murdoch was negotiating with MC...

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Omega Introduces Jul 9, 2020

Omega Introduces the Constellation Gents’ 41 mm with Ceramic Bezels

One of the longest-lived models in the Omega line up, the Constellation with its characteristic “claw” bezel made its debut in 1982 as the Constellation Manhattan. Still looking like a 1980s design many years after that, the collection was face-lifted this year and given a smart new look that retained all of the key elements but with tighter, more modern lines. Now Omega has just taken the covers off the flagship men’s model, the Constellation Gents’ 41 mm that features an unusual combination of a metal case, polished ceramic bezel, and an integrated strap or bracelet. Initial thoughts Offered in a variety of striking dial and bezels combinations – with the red gold and blue ceramic being the most striking – the latest Constellation is the most noteworthy of any recent model. Despite the number of iterations, each model has a cohesive look with all the elements complementing each other. My favourite is undoubtedly the steel version with a irregularly textured dial thats adds visual appeal and intricacy compared to its counterparts with simpler dial finishes. Regardless of iteration, the new Constellation also has a slightly sporty look that is appealing, unlike earlier attempts at a sporty Constellations – like the chunky Constellation Double Eagle – that fell flat. Overall its a good-looking but affordable luxury-sports watch in steel And it does look much better in 18k gold, but then it costs three times as much. Shiny ceramic What makes them special a...

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Urban Jürgensen Jul 9, 2020

In-Depth: The Tourbillon Pocket Watches of Urban Jürgensen and Derek Pratt

Originally an 18th century Danish brand, Urban Jürgensen & Sønner (UJS) was resurrected in 1981 by Peter Baumberger (1939-2010), an antique watch dealer turned watchmaker. While the brand’s best-known timepieces were elegantly-styled wristwatches with teardrop lugs, its greatest technical achievements were pocket watches, all of which were built by Derek Pratt (1938-2009), a deeply talented English watchmaker who was a contemporary of George Daniels. As was typical of the era when pocket watches were the preeminent genre of watch collecting – and the tourbillon was the ultimate complication – Pratt’s best work for UJS were his tourbillon pocket watches. Pratt not only built the movements, but also fabricated some of the dials that were decorated in exceptional guilloche. Peter Baumberger. Photo – Dr Helmut Crott The oval pocket watch The pièce de résistance in Pratt’s series of tourbillon pocket watches is no doubt the Ref. 1 “Hommage”, an oval pocket watch featuring a tourbillon with an integrated remontoir d’egalite. Writing in Derek Pratt – Watchmaker, a book dedicated to the watchmaker’s life and works, watch expert and auctioneer Dr Helmut Crott explained the Ref. 1 was originally conceived as a series of five watches for an Asian collector in the late 1980s. But after the first watch was complete, the client cancelled the rest of the order, making it a “financial disaster for Peter [Baumberger]” according to Dr Crott, , a longtime f...

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Audemars Piguet or Patek Philippe Parmigiani Jul 8, 2020

Parmigiani Introduces the Tonda GT Collection

Following up the more complex Toric Tourbillon Slate, Parmigiani is launching its first ever luxury-sports watch, the Tonda GT. Founded in 1996 by highly-regarded independent watchmaker Michel Parmigiani, the brand specialises in complicated watches like the tubular, Bugatti-inspired Type 390. A departure from the brand’s usual far in both form and price, the Tonda GT line comprises a time-and-date base model, the Tonda GT, as well as the star of the show: the Tondagraph GT chronograph with annual calendar. Tondagraph GT Both are sports watches, with screw-down crowns and water resistance of 100 m. But they takes they cues from past Parmigiani designs, but translated into a more angular, modern shape. The knurled bezel, for instance, takes inspiration from the Toric, the brand’s very first wristwatch. And the dials are decorated with traditional clous triangulaire guilloché. Initial thoughts The new watches add a more casual, sporty offering to the Tonda collection. With distinct designs that don’t ride on the styling of Audemars Piguet or Patek Philippe, Parmigiani is offering a unique and well-priced line that’s suited to both the great outdoors and more formal occasions. Importantly, the Tonda GT is attractively priced, given the high quality of execution and in-house movements. Parmigiani makes almost all components in-house or at its sister companies, and if its current watches are anything to go by, the fit and finish on the Tonda GT will be as good a...

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Girard-Perregaux Sea Hawk II Pro Jul 7, 2020

Highlights: Independents and the Esoteric at Phillips’ Hong Kong Auction

Taking place on July 10, The Hong Kong Watch Auction: X is the one of the first watch auctions in Hong Kong in 2020, a sign of the much-delayed auction calendar due to the pandemic. But the Phillips catalogue is still 269 lots strong, with a little bit of everything. We took a look at some of the notable complicated watches last week, including the magnificent A. Lange & Söhne Tourbograph that’s a strong value buy in uber-complications. Now, we’ll take a look at some of the timepieces by independent watchmakers as well as a handful of interesting, esoteric, and well-priced watches. You can find the rest of the catalogue here. Lot 806 – Girard-Perregaux Sea Hawk II Pro “Challenger of Record” This sits squarely in the category of weird-but-cool watches. Extremely large at 44 mm, with massive lugs and an even larger crown guard, the Girard-Perregaux Sea Hawk II Pro “Challenger of Record” is a dive watch rated to 3,000 m – three-thousand metres, or 9,800 feet – with a sharply finished, tourbillon-equipped movement. The combination is paradoxical, and slightly silly, but the watch has a peculiar charm, no doubt helped by its affordability (with a low estimate a little under US$20,000). Made in 2006, a time when diving tourbillons were fashionable and when Girard-Perregaux was still a family-run firm owned by the Macalusos – the certificate for the watch is signed by the late Luigi “Gino” Macaluso – the Sea Hawk tourbillon was a limited edition of 32 w...

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Ressence Introduces Jul 7, 2020

Ressence Introduces the Type 1 Slim X

Founded only a decade ago, Ressence has already left an indelible impression on watchmaking. Lauded for a design philosophy that is centred on legibility, wearability and intuitive function, the brand’s unusual perspective is thanks to its founder Benoît Mintiens, an industrial designer by profession. To mark its 10th year, Ressence has debuted the Type 1 Slim X, the first of four watches in the commemorative Collection X – “X” being a Roman “10”. Limited to 40 watches, the new watch is essentially identical to the standard Type 1 Slim, but face-lifted with an intriguing dial in a single shade of olive green but finished with contrasting surfaces to achieve a two-tone effect. The remaining Collection X watches will be dressed in a similar shade of green. Initial thoughts I have long been fascinated by Ressence and its watches. The first time I laid eyes on a Ressence, I assumed that it was just an electronic watch with a high-pixel density display; the dial on it was truly flat. When I found out what it was – the effect was due to the oil-filled time display chamber – surprise was an understatement. They are in a class of their own in terms of design, and are, in fact, great examples of “postmodern” mechanical watchmaking. The dark olive dial on the anniversary Type 1 Slim is a first for the brand. The colour is attractive but not as widely used as I would like, with the exception of military-style timepieces, which this is definitely not. To see i...

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Breguet Introduces Jul 7, 2020

Breguet Introduces the Tradition Automatique Seconde Rétrograde 7097

Breguet is one of the grandest names in watchmaking, and mostly makes watches that are rooted in its history. The aptly named Tradition exudes, well, tradition. Modelled on the souscription pocket watch created by Abraham-Louis Breguet in 1796, the wide-ranging collection has been gently modernised in recent years. The newly-announced Tradition Automatique Seconde Rétrograde 7097 continues that trend, with a dark blue guilloché dial against a grey movement. Initial thoughts This version of the Tradition 7097 is possibly my favourite yet, mostly because of the off-centre dial in blue. Engine-turned by hand, the blue dial is striking against the monochromatic movement. And it looks especially appealing when compared against the earlier versions that have plainer and more conventional silvered dials, which offer less contrast against the movement. But as with all other Tradition watches, there’s a nit to pick here: the serial number plaque on the dial makes it look a bit cluttered, especially since the dial is small to begin with. One solution would be to put the serial numbers beside the Breguet logo, as done on the female Tradition Dame 7038. And while I like the retrograde seconds, its position feels awkward as it cuts into the sub-dial. Though intersecting indicators are a feature in some historical Breguet pocket watches, the face of the Tradition is a bit too small to accommodate it comfortably. The white gold case is in classic Breguet style a delicately-fluted ...

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Ming simplicity yet equipped Jul 6, 2020

Kudoke Introduces the Kudoke 2 Nocturne

German independent watchmaker had a hit when it debuted the Kudoke 2 last year. Combining hand-engraved decor with an affordable price tag, the watch was well received by enthusiasts while also enjoying critical acclaim, winning the Petite Aiguille – the category for watches under 10,000 Swiss francs – at the 2019 Grand Prix d’Horlogerie de Genève (GPHG). The Kudoke 2 Nocturne is a limited edition variant of the standard model in a run of only 20 pieces, a nod to the 20th year of this century. While the standard version features a silver-and-gold palette, the Nocturne is dressed in shades of grey, both on the dial and movement. Initial thoughts The Kudoke 2 was one of last year’s more compelling watches for me. Not only is it priced well, but the watch has a refined yet German aesthetic that’s pleasing. The watch is clean, with no superfluous elements to distract from its charming simplicity, yet equipped with several attractive classical details. And the Nocturne has a slightly more modern look than the original, despite having the same design. The movement, developed with the help of Habring2, has a unique style and excellent finish, especially considering the price of €8,665, or a little under US$10,000, which is the same price as standard version. With artful hand engraving and an original movement, the watch screams value proposition. A new face Having an identical design as the standard model, the Nocturne retains the clean, symmetrical look of the...

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Ressence Type 1 Slim Jul 6, 2020

Auction Watch: Unique Ressence Type 1 Slim to be Sold for Charity

As the COVID-19 pandemic was reaching its peak, Ressence announced Time to Draw, a design competition inviting contestants to reinterpret of its Type 1 Slim, with the winning entry being sold to benefit COVID-19 research at KU Leuven, a university in the company’s native Belgium. Triumphing over 465 other entries, the winning design was created by Englishman Raymond Ramsden. Named after his two sons, the Type 1 Slim “Ayrton & Finlay” is a bright rendition of the Type 1 that is a striking departure from the brand’s typically monochromatic style. The finish watch alongside the winning drawing Clad in pastel colours, the watch clinched the prize because it looks vastly different from the standard offerings of Ressence. Ressence founder Benoît Mintiens stated “[we] wanted to create a genuine one-off, so we opted for entries that were far from our own artistic direction”. By extension, the watch is distinct in personality – the bright pastel colours are more cheerful and extroverted compared to the usual Ressence wristwatch, which has a no-frills, technical appearance. I love this design for its fun, fresh, and vibrant look. Apart from the facelift, the rest of the watch is everything that you know about the Type 1 Slim. The watch has 42 mm, tonneau-shaped titanium case that’s 11 mm tall. Because of its almost lug-less design and concave profile, it sits very compactly on the wrist. The orbital display is the Ressence Orbital Convex System (ROCS), the brand...

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Jul 3, 2020

John McGonigle Debuts with the Oileán H-B1

Hailing from Ireland’s most famous watchmaking family, John McGonigle is best known for being one half of the two brothers behind McGonigle Watches (and another brother is the chief instructor at the world-class watch school in Cambodia). Having decided to strike out on his own last year – an amicable parting resulting from logistical challenges of working with his brother who is based in Switzerland – Mr McGonigle has just launched his own brand, Oileán, Gaelic for “island”, a nod to his home of Ireland. Pronounced “ill-awn”, the brand is making its debut with the Oileán H-B1, a triple-calendar chronograph powered by a new-old-stock Valjoux 88 movement. John McGonigle Initial thoughts Well regarded by collectors and peers, Mr McGonigle’s first watch under his new brand has a vintage movement inside a titanium case. It’s a manageable 40 mm in diameter, but slightly thick at 14.2 mm high, an inevitable consequence of the Valjoux 88. While the Valjoux 88 is not novel – it was widely used in the past – the calibre has been reworked a high standard. That includes several bridges and steel parts made from scratch, as well as hand finishing of all components. Because it is a triple-calendar chronograph “I’ve tried to apply the same rigour to this watch as I used to for the high complications I worked on in the past,” says Mr McGonigle. Going by Mr McGonigle’s past work it is no doubt done very well. The look is modern – the dial is smoked sa...

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Patek Philippe ref 2499/100 Jul 3, 2020

You’re Invited: Webinar - Highlights from Hong Kong Watch Auction: X

Starting slightly later than usual, the auction season in Hong Kong starts in the second week of July, with Phillips’ The Hong Kong Watch Auction: X happening on July 10 at the JW Marriott. The situation makes attending the sale in person difficult for most of us, so you’re invite to join myself and Thomas Perazzi, Phillips’ head of watches in Asia, for a webinar on July 6. We will discuss the highlights of the 269-lot sale, which is led by a Patek Philippe ref. 2499/100 and a possibly-unique ref. 3448 in white gold. Schedule The webinar will take place on July 6, 2020 at 04:00 pm GMT+8 (Singapore, Hong Kong, Beijing). And for other time zones: 06:00 pm GMT+10 (Sydney) 10:00 am GMT+2 (Berlin, Frankfurt, Milan, Geneva, Zurich) 09:00 am GMT+1 (London) 04:00 am GMT-4 (New York, Boston) 01:00 am GMT-7 (Vancouver) Registration is required to attend, and you can register right here.  

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Audemars Piguet Introduces Jul 3, 2020

Audemars Piguet Introduces the Code 11.59 with Smoked Dials

When it was launched in 2019, the Code 11.59 by Audemars Piguet became the most-talked-about new releases of the year, and also of the most panned, largely for the way it was hyped before launch and the perceived plainness of the design. But Audemars Piguet is undeterred and affirmed its commitment to the new collection with the launch of a face-lifted Code 11.59 Selfwinding and Chronograph, featuring new dials with a smoked, graduated-colour finish, along with a variant in a two-colour gold case. The new Code 11.59 Selfwinding Initial thoughts The most frequent criticism against the Code 11.59 had to do with the rather bland dials of the base models. In contrast, the pricey, complicated models were the standouts of the collection, having fired enamel dials with a smoked finish (for the minute repeater and the flying tourbillon) or aventurine glass (for the perpetual calendar). Audemars Piguet doubtlessly realised the appeal of the smoked enamel dial, and followed up with the Code 11.59 Bolshoi Limited Edition, which featured the same graduated, dark blue dial in enamel, but on a time-only watch. The downside of the enamel dial on the base model is a massive price premium of over 55%, or a bit over US$14,000. Evidence that Audemars Piguet is receptive to feedback, the new dials for the Code 11.59 show how a slight tweak can completely change the visual impact of a watch. It’s highly probable that if the Code 11.59 had been launched with smoked dials in the first plac...

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Casio n Jul 2, 2020

Laurent Ferrier Introduces the Classic Origin Opaline

Laurent Ferrier is 10 years old, and to make the occasion the brand is launching the Classic Origin Opaline, a time-only, hand-wound watch with a slim, titanium case. In many ways, the new watch is a minimalist take on the standard Laurent Ferrier time-only watch – the style is beautiful, restrained, and typical of the brand, with a new(ish) and significantly simpler movement inside, allowing for a fairly affordable price. Initial thoughts The Classic Origin Opaline has the much-loved Laurent Ferrier look – fluid lines and elegant forms on the case and dial. And in the usual manner of the brand, the dial is unadorned but executed with fine materials – the hands and hour indices are solid white gold. The movement, however, falls a bit short. Laurent Ferrier’s earliest movements – the LF229.01 of the Galet Micro-Rotor and the LF619.01 of the Galet Tourbillon – were best-in-class calibres that excelled in construction, finishing, and details, which unfortunately set a very high bar. But since the company entered a prolonged period of management turmoil, its movements have lost the magic. The quality is still good, but they are no longer outstanding. The LF116.01 in the new Classic Origin Opaline is essentially a variant of the movement in the annual calendar and also found in the Bridge One with a reshaped base plate and bridges. It has large bridges with simple silhouettes, as well as solid, clean finishing. Granted, a handful of the traditional Laurent Ferrier f...

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Breguet Introduces Jul 2, 2020

Breguet Introduces the Tradition Dame 7038

Based on the souscription calibre created by Abraham-Louis Breguet in 1796, the Tradition is characterised by an open, symmetrical movement layout and an off-centered time display. The distinctive look has made it one of Breguet’s modern-day hits, though most variants of the Tradition have been watches for men. The latest Tradition Dame 7038 adds to the compact line-up of Tradition watches for ladies. Exclusive to boutiques, the Tradition Dame 7038 combines a dark, iridescent Tahitian mother-of-pearl dial with a deep-brown movement treatment. And unusually for Breguet, the watch is delivered with a matching clutch bag. Initial thoughts The off-centered, Tahitian mother-of-pearl dial was the first thing that caught my attention when this arrived in my inbox. With enigmatic colours that shimmer and vary between violet and green, Tahitian mother-of-pearl never fails to be captivating. Obtained from black-lipped oysters around Tahiti and French Polynesia, they are much rarer compared to white mother-of-pearls as was featured in the first Tradition Dame 7038, making this more appealing, not just for its colour but also the material. The brown undertones of the Tahitian mother-of-pearl dial are complemented by the brown treatment of the frosted finish on the movement and the rose gold case. In typical Breguet style, the mother-of-pear dial is finished in clous de paris engine-turning, a decorative touch that is tradition and always welcome as it adds visual interest to the ...

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Ming into Jul 2, 2020

Pandemic Truths - Brian Duffy, CEO Watches of Switzerland Group

Having just gone public in May 2019, the Watches of Switzerland Group has a major presence in its home market of the United Kingdom, as well as the United States. Its revenue for the 2020 financial year was £819.3 million, or about US$1.02 billion, making it one of the world’s largest watch retailers. The man who led the group to its flotation on the London stock market is Brian Duffy. He was appointed chief executive in 2014, after Watches of Switzerland was acquired by American private equity outfit Apollo Global Management. Mr Duffy’s tenure has seen the group post strong growth and record sales. Just before lockdowns took effect in its primary markets in mid-March, sales were up 36.4% in the United States, while group revenue rose 15.8%. And it was expanding apace, having just acquired four stores from Fraser Hart, while renovating several of its existing stores. Then the pandemic hit. So what happens now? Mr Duffy shares his views on the current situation, and why he is optimistic about e-commerce as well as luxury watches. How did the pandemic affect your business overall? Obviously it was quite a shock. Our first concern was to ensure our staffs’ health and to maintain the whole workforce. We managed to keep all our people and worked on keeping spirits high everywhere. Our numbers were very good coming into the year – up 16% at the end of the fiscal year in April 2020 – but closing all stores across the UK and US slowed down this trend momentarily. O...

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