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SJX Watches · Page 93

Business News: Richemont Fortifies Balance Sheet with €2 Billion Bond Sale SJX Watches
Panerai which make up about May 19, 2020

Business News: Richemont Fortifies Balance Sheet with €2 Billion Bond Sale

Having just announced its full-year results while predicting a gloomy outlook for the business, Richemont has successful placed €2 billion of bonds, with coupon ranging from 0.75% for the 8-year note to 1.625% for the 20-year note. The bond placement boosts the Swiss luxury group’s robust balance sheet, which had a gross cash position of €6.34 billion and a net cash position of €2.40 billion at the end of March 31, 2020. The notes received an A+ rating from credit ratings agency S&P;, which also lowered its outlook for Richemont from stable to negative, “citing the possibility of a downgrade if the coronavirus pandemic causes the company’s credit metrics to worsen”. Widely regarded as a savvy investor who transformed his family’s tobaccco-and-banking empire into an even larger one focused the “hard” luxury of watches and jewellery, Mr Rupert’s belief in the severity of the pandemic-induced recession is obvious. That, in turn, does not bode well for the luxury watch business. Richemont’s biggest earner is Cartier – the jewellery division is half the group’s turnover – it also owns a host of luxury watch brands, including A. Lange & Söhne, IWC, and Panerai, which make up about 20% of its sales. During Richemont’s earning conference call on May 15, Mr Rupert explained the bond issue: “We have always believed in protecting our balance sheet… For years, a lot of investment banks questioned us about that it’s a lazy balance sheet. But h...

A Tribute to Peter Baumberger of Urban Jürgensen & Sønner SJX Watches
Casio n May 19, 2020

A Tribute to Peter Baumberger of Urban Jürgensen & Sønner

Peter Baumberger (Koppingen, 1939 – Biel, 2010) Ten years ago, Peter Baumberger died in Biel. On the occasion of this anniversary, I would like to pay a brief tribute to the one who was a dear friend and an extraordinary character – pictured above with his favourite oval tourbillon pocket watch and wearing a Ref. 3 wristwatch – whose ideas and personality marked the Swiss watch industry after the Quartz Crisis. I first met Peter in November 1975, during a sale organised by Peter Ineichen auctioneers in Zürich. He was with the famous Derek Pratt. At that time, Peter was one of the world’s leading dealers in antique watches. His charming and authentic nature immediately fascinated me – this is how our friendship started, a friendship that lasted until the end of his life. The name of Peter Baumberger will remain forever in Swiss watchmaking history thanks to his rescue and his revival of the historic brand Urban Jürgensen at Le Locle, which he acquired in the late 1970s. Undeniably, Peter played a pioneering role in the renaissance of the high-quality Swiss mechanical watch, long before others. As a trained watchmaker, he combined cutting-edge technical skills with a very distinct aesthetic sensitivity, as well as with an intimate knowledge of the works of the old masters; the remarkable confluence of these aspects is therefore the basis of his creative work. Peter put all his strength and his spirit at the disposal of Urban Jürgensen to give a new spark to the...

Louis Erard Introduces the Excellence Regulator with Smoked Dials SJX Watches
Louis Erard Introduces May 18, 2020

Louis Erard Introduces the Excellence Regulator with Smoked Dials

Regulators are all about their characteristic dial where the hour, minute and seconds hands are each located on separate axes – with the minute hand being the largest and longest – a layout originally designed for maximum legibility on clock faces in the mid-18th century. The Louis Erard Excellence Regulator revisits this classical design, but now with a fashionable smoked dial – and an eminently affordable price tag. Initial thoughts Regulator watches are simple, but are not common at this price point – the Excellence Regulator costs just 2490 Swiss francs, or about US$2600. Louis Erard, however, has made something of a specialty of affordable regulator watches, most notably with the whimsical Alain Silberstein Regulator launched last year that was styled by the eponymous watch designer for Louis Erard. The value proposition is good, though the dials are definitely reminiscent the fumé dials of H. Moser & Cie, which didn’t invent such graduated-colour dials, but have made them almost synonymous with the brand. Based on the photos, the graduated finish of the Excellence Regulator dials are not quite as not as complex or refined as that on Moser’s watches – understandable and acceptable given the substantively lower price. Smoked dials While the regulator layout is unusual, the smoked dials are the highlight. Offered in vibrant and saturated hues of grey, blue or green, the colour gradually tapers off in intensity, turning almost black towards the edges...

Phillips to Offer F.P. Journe Souscription Tourbillon and Resonance SJX Watches
Patek Philippe watches from May 18, 2020

Phillips to Offer F.P. Journe Souscription Tourbillon and Resonance

Postponed from its usual mid-May date to end-June, Phillips’ spring watch auction is Geneva is nonetheless the full works, with 214 lots on offer, including the four spectacular Patek Philippe watches from the collection of Jean-Claude Biver, including a ref. 1518 “pink on pink” and a second-series ref. 2499. Also amongst the offerings at the Geneva Watch Auction XI are two important examples of contemporary watchmaking – a pair of F.P. Journe souscription watches consigned by the original owner – Lorenz Bäumer. A jeweller whose workshop is on the storied Place Vendome in Paris, Mr Bäumer is perhaps best known for crafted the tiara worn by Charlene Wittstock when the former Olympic swimmer wed Prince Albert II of Monaco in 2011. But Mr Bäumer is also a watch aficionado who met François-Paul Journe via a mutual friend. Mr Journe had then decided to launch his own brand by taking inspiration from Abraham-Louis Breguet, who had offered clients the opportunity to purchase a newly-developed, fairly-affordable watch by first putting down a deposit – thus “subscribing” to the offer. The jeweller became a “subscriber” and paid the down payment for a Tourbillon Remontoir d’Egalite “Souscription”, subsequently receiving the watch numbered “14/20” on the dial. A year later, Mr Bäumer was approached once again to “subscribe” for the new Chronomètre à Resonance “Souscription”. He took up the offer, and again got the watch number “14”....

Audemars Piguet Introduces the Royal Oak Selfwinding 34 mm SJX Watches
Audemars Piguet Introduces May 18, 2020

Audemars Piguet Introduces the Royal Oak Selfwinding 34 mm

The new quartet of Royal Oak models marks a first for Audemars Piguet – the Royal Oak Selfwinding 34 mm combines a 34 mm case with an automatic calibre supplied by movement specialist Vaucher. An addition to the line that is not meant to replace any existing model, the new 34 mm watch is now the smallest mechanical Royal Oak for ladies, with the smallest, 33 mm model being quartz, and the next-largest automatic having a 37 mm case. Initial thoughts The new watch fills a gap in the diverse Royal Oak line-up – a watch compact enough for ladies but with a mechanical movement. While the new 34 mm model is not explicitly described as a women’s watch, it is in all but name, as Audemars Piguet already has a 37 mm model as the medium-sized men’s Royal Oak. That said, the proportions of the 34 mm case remind me of the Royal Oak ref. 4100 of the 1970s and 1980s, which was then a large-sized men’s watch and 36 mm in diameter, not too much larger than the new model. By that benchmark, the new 34 mm model should not be a ladies’ watch per se, and could appeal to men who prefer a smaller case size. But for the broader market, it is a ladies’ watch, and I can see its appeal. Importantly, it has a mechanical movement – long absent for the ladies’ Royal Oak – and the versions with the diamond-set bezels offer a bit of bling to go along with the iconic design. So it should attract a new female customer who has always wanted a Royal Oak, but was savvy enough to wait fo...

In-Depth: The Life Behind the Deadbeat Seconds SJX Watches
May 17, 2020

In-Depth: The Life Behind the Deadbeat Seconds

Watchmaking combines technical achievement and aesthetic expression, and sometimes the two are inextricably linked. In a handful of instances, the technical achievement transforms the artistic value, as in the jumping seconds. The complication is perhaps the most abrupt expression of time. Is there any value in having a mechanical jumping seconds? In exploring that, we first have to understand how the seconds as a unit of time came to be. Time in antiquity In today’s world where no one bats an eyelid when a satellite is sent into orbit, time and space are perceived to be intimately linked as one. Before Einstein hit upon the theory of relativity, the link between space and time was nebulous, but the definition of time was well established. For the ancient Egyptians, daytime was based on the apparent movement of the Sun, and the night sky was segmented into smaller divisions based on the position and motion of stars. Over the subsequent millennia, the Sumerians and Babylonians further refined the time measurement to better account for stellar motion. The Babylonians, inspired by the Egyptians, approximated the movement of the Sun’s apparent revolution into 360 divisions, due to the number of days required for the Sun to trace its path on the ecliptic and their predilection for a base-60 (or sexagesimal) system. This is also the origin of 360 degrees required for a complete revolution, which was explained by Malcolm Correll in the volume 15 of scientific journal The Phy...

Business News: Richemont Pessimistic After Weak Results SJX Watches
Panerai enjoyed “good sales performance” May 15, 2020

Business News: Richemont Pessimistic After Weak Results

Richemont’s fourth quarter was one of the victims of the COVID-19 pandemic, pulling down its results for the full year to end-March 2020. Even though the full year’s tally was not down substantially, Richemont chairman Johann Rupert was gloomy in his prediction for the coming year. China, the first country to recover from the pandemic, has “apparently returned to ‘business as usual’ remarkably quickly” and Richemont stores there are enjoying now “strong demand”. But because everywhere else is only partway through the crisis, the plain-speaking South African tycoon raised the possibility of “12, 24 or 36 months of grave economic consequences”, while halving the annual dividend to €1 a share to conserve cash. Johann Rupert. Photo – Richemont The Swiss luxury conglomerate, which owns brands like Cartier, IWC, and Panerai, enjoyed “good sales performance” until the fourth quarter, with its jewellery brands and online retail performing better than other divisions, including watchmaking, which has lagged for several quarters. At actual exchange rates, annual sales eked out a 2% rise to €14.2 billion, with most regions growing slightly, save for a 5% decline in Asia Pacific. Net profit fell 34%, excluding a one-off, non-cash gain due to a share revaluation the year prior. The declines were largely due to the fourth quarter, where Richemont took a massive hit. In the last quarter, sales fell by 18% globally, with Hong Kong crashing 67%. The group end...

In-Depth: Inspiration and Creation of the Grand Seiko Thin Dress Series SJX Watches
Grand Seiko Thin Dress Series Earlier May 15, 2020

In-Depth: Inspiration and Creation of the Grand Seiko Thin Dress Series

Earlier this year, I paid a visit to Seiko’s headquarters in Ginza, Tokyo. I was there for two reasons. One was to present my Ideal Watch Size Survey to their design, product and development teams. The other was to find out more about a particular Grand Seiko I had recently purchased, the SBGZ001. Launched in 2019 to celebrate the Spring Drive’s 20th Anniversary, the SBGZ001 is an extraordinarily finished version of the Grand Seiko Thin Dress Series from the Elegance collection. What started as a few questions from a collector ended up being a dive into how a significant new line of watches at Grand Seiko was born. In the interest of full disclosure: The Armoury, which I own, has been a retailer of Grand Seiko in Hong Kong for about six years now. I have been collecting Grand Seiko for about nine years. Neither the SBGZ001 nor the SBGY003 detailed in this article are available for sale at the store. But they are special so I wanted to delve further into their creation. The Credor Eichi I, 2013 First some background. Back in 2013, I bought a Credor Eichi I, a well-known watch in certain circles for its exceptional finishing. It was made in the Micro Artist Studio (MAS), a division within the Seiko-Epson Shiojiri plant where all the cutting-edge high horology – namely Spring Drive movements – is designed and made. That includes things like the Credor Minute Repeater, the Grand Seiko 8 Day Power Reserve and the Credor Eichi II. I toured the facility in 2014 and visite...

Parmigiani Fleurier Introduces the Toric Tourbillon Red Gold Slate SJX Watches
Parmigiani Fleurier Introduces May 14, 2020

Parmigiani Fleurier Introduces the Toric Tourbillon Red Gold Slate

The very first case designed by Michel Parmigiani when he founded his eponymous brand, the elegant Toric is now primarily used for haute horlogerie watches. The latest to join the line up is the Toric Tourbillon Red Gold Slate, an extra-thin wristwatch with a flying tourbillon. Initial thoughts Though Parmigiani has tried its hand at contemporary case designs, its true strength is still classical style that references Breguet and other past century greats that Mr Parmigiani is familiar with thanks to his background in watch restoration. So it is with the Toric Tourbillon. Despite being relatively simple in style, the watch is immediately recognisable as a Parmigiani. It has a strongly balanced aesthetic between the guilloché dial, knurled bezel and flying tourbillon. But the prominent “Tourbillon 60 Secondes” label on the dial detracts from the clean style of the dial. Also, the 42.8mm case, though slim, might be a point of contention as it is on the large side for a slightly formal watch. Styling aside, Parmigiani quality is impeccable, for both the internal and external components. In that respect, there’s little to criticise. Toric tradition The very first watch designed by Mr Parmigiani when he launched his brand in 1996 was the Toric Memory Time, a slim, dual time zone watch. Though slightly tweaked, the current Toric case sticks closely to the design of the original, particularly with the prominent knurled bezel that is decorated by a hand-operated machine...

Vacheron Constantin Introduces Patrimony Moon Phase Retrograde Date ‘Collection Excellence Platine’ SJX Watches
Vacheron Constantin Introduces Patrimony Moon Phase May 13, 2020

Vacheron Constantin Introduces Patrimony Moon Phase Retrograde Date ‘Collection Excellence Platine’

Launched in 2006, Collection Excellence Platine (CEP) means a watch from the standard collection that’s been dosed with platinum to create a limited edition. Vacheron Constantin applies the CEP treatment to a model every one or two years, which means even after 14 years, there’s only been a dozen or so CEP editions. The Patrimony Moon Phase Retrograde Date Collection Excellence Platine is the latest to join the exclusive club. As is tradition, platinum is employed for nearly every element of the watch: the case, crown, dial, buckle, and the tiny moon phase disc. Even the stitching in the blue alligator strap is made of thread woven from silk and platinum wire. Initial thoughts Ironically, although the CEP edition is the most expensive version of the Patrimony Moon Phase Retrograde Date – ordinarily available only with a gold case – it is the most restrained. The new watch has a strongly monochromatic yet harmonious appearance. That, combined with the liberal use of platinum, make it the most contemporary of the variants, while retaining the same traditional and endearing design. In the typical style of CEP, the watch is simple in style and colour, but has details that make it interesting. Even though almost all the external components of the watch are made of the same material, different surface treatments create texture and depth, giving it visual appeal. For example, the smooth, sandblasted surface of the dial and the more granular moon phase disc bearing a m...

F.P. Journe Introduces the Quantième Perpétuel with Gold Numerals SJX Watches
F.P. Journe Introduces May 12, 2020

F.P. Journe Introduces the Quantième Perpétuel with Gold Numerals

Introduced in 2013, the original Quantième Perpétuel was a concise perpetual calendar with useful features, as well as a peculiar, egg-shaped steel ring around the centre of the dial. Now the design has been refined – but all functionality retained – to create the new F.P. Journe Quantième Perpétuel with gold numerals. And though this was officially announced only recently, the watch has already been available at boutiques for several months. Initial thoughts Compared to the earlier F.P. Journe calendar watches, the Quantième Perpétuel was a big improvement with its highly legible display and improved user friendliness. But the first generation dial was odd because of the steel ring around the centre. That’s been changed with the new model, and the improvement is substantial. The new dial appeals because it doesn’t try too hard to be different. Instead, it differentiates itself in more subtle ways. And the boutique-only blue-dial version is unusual, which is a plus if you’re looking for something different. F.P. Journe has rarely used matte, dark blue dials on standard-production watches; historically only limited editions and custom watches had such dials. Silver and gold Borrowing the clous de Paris engine-turned centre from the Chronometre Souverain, the dial is made of solid silver, while the applied numerals and calendar window frames are solid gold. The addition of gold frames for the calendar do make the positions of the windows more obvious, whic...

Gyre Introduces the SeaCleaner SJX Watches
Seiko movement that’ll do what May 11, 2020

Gyre Introduces the SeaCleaner

Gyre Watch is a watch brand that offers an affordable, fun dive watch that supports a good cause. Founded by Dutch watch journalist Bernard Werk, the brand is making its debut with the Gyre SeaCleaner. An affordable, no-nonsense sports watch with a solar-powered movement, the SeaCleaner has a case and strap made from recycled ocean waste – with part of the proceeds from its sale going to an ocean cleanup charity. Initial thoughts Bold in its contrasting-colour scheme, the SeaCleaner has brightly-coloured accents in green, blue or black, and a large, 42 mm cushion case that’s reminiscent of 1970s dive watches, giving it a retro vibe. Inside is a robust Seiko movement that’ll do what it’s supposed to do. In short, the SeaCleaner is tried-and-tested look that works well for a sports watch and it costs only about US$200. Environmentally supportive Gyre will donate 5% of sales to The Ocean Cleanup – a Dutch NGO that is working to remove plastic waste from the oceans. And with both the straps and cases made of recycled material, the watches themselves will contribute to the cleanup. The black plastic cases are made from recycled fishing nets, which are mostly made of plastic. Collected by fishermen around the Indian Ocean – Gyre pays the fishermen for the nets – the discarded nets are cleaned and turned into plastic pellets that are then moulded into the cases. Unlike many all-black watch cases that are done that way for aesthetic effect, the composite derive...

Jaeger-LeCoultre Introduces the Reverso One Red Wine SJX Watches
Jaeger-LeCoultre Introduces May 10, 2020

Jaeger-LeCoultre Introduces the Reverso One Red Wine

The most affordable watch of any kind offered by Jaeger-LeCoultre, the Reverso One is an elegant watch for ladies with a modest amount of diamonds and a quartz movement. Originally available only with a silver dial, the new Reverso One Red Wine adds a more lively colour to the range of options. Initial thoughts While the quartz movement won’t appeal to a watch aficionado, it makes sense for someone who wants a good-looking, classic design without the hassle of a mechanical movement. Seen from that perspective – especially when combined with the affordable price – the Reverso One is a fuss-free, sensible buy. Red guilloche The launch version of the Reverso One was plain, with an ordinary silver dial dial. The Red Wine livens things up, and does it with more detail than would be expected on an entry-level quartz watch. The dial has a stamped sun-ray guilloche motif that’s covered in translucent red lacquer, creating the rich finish. As with many Reverso models, the flip side of the case is polished and left empty for personalisation. The options for personalisation includes a set of initials that Jaeger-LeCoultre can engrave for a small fee. And the steel case is set with 27 diamonds for a bit of sparkle. Key Facts and Price Jaeger-LeCoultre Reverso One Red Wine Ref. Q3288560 Diameter: 40 mm by 20 mm Height: 7.9 mm Material: Stainless steel Water resistance: 30 m Movement: Cal. 657 Functions: Hours and minutes Frequency: Quartz Strap: Alligator strap Availability...

Zenith Introduces the Chronomaster Revival “Shadow” SJX Watches
Zenith Introduces May 10, 2020

Zenith Introduces the Chronomaster Revival “Shadow”

Unlike last year’s El Primero A384 Revival that was a one-for-one remake of the vintage original, the latest A384-based watch is a modern creation inspired by a vintage prototype. The Chronomaster Revival “Shadow” takes it monochromatic colours from a 1970 prototype that had a large, 41 mm case in black-coated steel. It had an entirely look and feel, but the black-and-white colour have been applied to the Shadow with striking effect. Initial thoughts The Shadow adopts a look often found in sports watch, but it’s an effective, functional look. And Zenith was smart with the details, streamlining the dial for a clean, stark look. The outer seconds track and date, for instance, have both been done away with, and the tachymetric scale has been simplified. That does affect functionality – elapsed seconds can’t be measured – but it’s an attractive look. And the micro-blasted case finish is relatively delicate, since even the tiniest nick or scratch will stand out against the matte, grained surface, but it’s a perfect fit for the design. Overall the Shadow is a good alternative for someone who likes the A385 case shape, but wants a clean, modern style instead of a faithful vintage remake. Vintage inspiration The Shadow is a blend of modern and vintage elements. The 37 mm case is identical in size and form as the A385, but unlike the A385 case that is in steel, this is in micro-blasted titanium. It’s same material used for the case of the Defy 21 Land Rover. Cre...

TAG Heuer Introduces the Monaco Grand Prix de Monaco Historique SJX Watches
TAG Heuer Introduces May 9, 2020

TAG Heuer Introduces the Monaco Grand Prix de Monaco Historique

Having been appointed official timekeeper of the Grand Prix de Monaco Historique just before it was cancelled due to the COVID-19 pandemic, TAG Heuer has nonetheless unveiled the watch created for the event – the Monaco Grand Prix de Monaco Historique Limited Edition. Initial thoughts TAG Heuer has a bewildering array of Monaco models in its line up, several of which look identical but are actually powered by different movements. It’s difficult to distinguish between them, making them individually less interesting. Set against that, the new Monaco is a standout watch with a two-tone, red-and-silver dial. The dial is essentially a circle within a square, and its subsidiary seconds at six has been made to blend into the dial, creating a strong, concise symmetry. Importantly, it is powered by the in-house and thoroughly competent Calibre Heuer 02 movement, rather than the ETA 2892-based Calibre 12 found in other Monaco models. Red and white Organised by the Automobile Club de Monaco (ACM), Grand Prix de Monaco Historique is an annual racing event that traditionally takes place before the Formula One Grand Prix. Only vintage Grand Prix cars, typically dating from the 1930s to the 1970s, take part in the event. The common red-and-white livery common on historical race cars inspired the dial of the new Monaco, which also happens to be in the colours of the Monegasque coat of arms. And the dial also includes a discreet Grand Prix de Monaco Historique logo in between one an...

Up Close: IWC Da Vinci Tourbillon Four Seasons SJX Watches
IWC Da Vinci Tourbillon Four May 8, 2020

Up Close: IWC Da Vinci Tourbillon Four Seasons

The two decades or so after the end of the Quartz Crisis was a fruitful one for the mechanical watch industry as it revived itself. IWC was one of the stars of that revival, a highly technical yet niche brand that appealed to true watch nerds. Everything it did then became the foundations for its modern day success – literally, with the brand still relying on the complications invented then. One of the most interesting, yet little-known IWC watches from that era is the Da Vinci Tourbillon Four Seasons. A limited edition of 20 watches that debuted in 1999, the Four Seasons (or Quattro Stagioni as it was known at the launch) has a hand-engraved, solid-gold dial – the Da Vinci Tourbillon represents the only instance IWC has bestowed such elaborate dials on its watches. A year after the launch of the Four Seasons, IWC was acquired by Swiss luxury group Richemont, making it perhaps the major complication the brand unveiled before the change of ownership. Intriguingly, the combination of an engraved dial and complicated movement, as well as the style of engraving, brings to mind some of the Handwerkskunst watches by A. Lange & Söhne, then as now, a sister company of IWC. But perhaps more important is the movement, which is the only hand-wound calibre in this generation of Da Vinci. Not only is the manual-wind calibre better looking – by a massive margin – but the movement is descended from the Il Destriero Scafusia, the grand complication made for the brand’s 125th ...

Recommended Watching: The Macaluso Collection of “Golden Age” Rally Cars SJX Watches
Girard-Perregaux GP May 8, 2020

Recommended Watching: The Macaluso Collection of “Golden Age” Rally Cars

A legendary figure in the watch industry of the 1990s and early 2000s, Luigi “Gino” Macaluso was the owner of Sowind Group, the holding company for Girard-Perregaux (GP) and Daniel Jean Richard. Having started as the Italian distributor for several watch brands, he acquired GP in 1989 and turned it into one of the watchmaking stars of the next two decades, particularly with its haute horlogerie offerings and Ferrari timepieces. But he was long a racing driver at heart, having won several trophies as a driver for the Fiat Abarth team in the 1970s, including the 1972 European Rally Championship. Even as successful entrepreneur Macaluso continued his involvement in motor racing, including as Italy’s representative to the FIA World Council starting in 2005. The Ferrari F40 of the Macaluso collection. Photo – Fondazione Gino Macaluso Macaluso channelled part of the fortune he made in watchmaking into building a car collection, with a focus on rally cars, including prize-winning examples of the Lancia 037, Lancia LC1, and Fiat X1/9. Now the collection has become Fondazione Gino Macaluso per l’Auto Storica (which translates as “Gino Macaluso Foundation for Historic Cars”), located near Macaluso’s hometown of Turin. Last year, Goodwood Road & Racing, the magazine affiliated with the classic car race of the same name, was taken through the collection highlights by Gino’s son, Stefano Macaluso, who was once a designer at Girard-Perregaux. Like his father, Ste...

Business News: Baselworld 2021 Cancelled and Exhibitors Get Refunds [Updated] SJX Watches
Patek Philippe Chanel Chopard May 7, 2020

Business News: Baselworld 2021 Cancelled and Exhibitors Get Refunds [Updated]

This year’s Baselworld saga has finally arrived at its epilogue and the inevitable outcome has been made official: MCH Group just announced that Baselworld 2021 has been cancelled. Simultaneously, the event’s organisers also announced that an “agreement on the settlement for the cancelled Baselworld 2020” – presumably with more substantial refunds – was reached with exhibiting brands. That settles the brief-but-intense circumstances surrounding Baselworld 2020, which began when this year’s fair was cancelled and then “postponed” to January 2021. Along with the “postponement”, exhibitors for the 2020 fair were only offered partial refunds of the event fees. Both moves, which were regarded as unilateral and unfair by watch brands, led to a stinging response from the exhibitors, led by their committee chairman, a senior executive of Rolex, the world’s largest luxury watch brand. A week later, Baselworld suffered its death blow when the fair’s biggest exhibitors – Rolex, Patek Philippe, Chanel, Chopard, and Tudor – pulled out of the event and decamped to Geneva, where they will join Watches & Wonders in a brand-new event that’ll take place in April 2021. They were followed shortly after by the brands owned by LVMH, which include Hublot and Bulgari. With that, the cancellation of Baselworld 2021 was fait accompli, even though Baselworld responded by insinuating the exhibitors had long been conspiring to exit the event. The cavernous Rolex booth...

Recommended Watching: The Life and Work of Rexhep Rexhepi SJX Watches
Urwerk May 6, 2020

Recommended Watching: The Life and Work of Rexhep Rexhepi

Thirty-three year old Rexhep Rexhepi is a rising star in independent watchmaking who practices his craft from a workshop in Geneva’s Old Town. But he was born almost a continent away in Kosovo, having left his birthplace as a young teenager as a consequence of the Yugoslav Wars. The Singapore-based retailer of Rexhep’s brand, Akrivia, recently debuted a documentary on Rexhep’s life and work. It’s the latest instalment in The Lives of Artists, a series of short films on a handful of notable watchmakers and creative personalities. Other subjects of the film series include contemporary artist Daniel Arsham, architect Sir David Adjaye, as well as Felix Baumgartner and Martin Frei of Urwerk. The subsequent instalments will debut one a week until mid-June 2020. You can watch Rexhep’s film below, while the other films can be in the The Lives of Artists playlist.  

Breguet Introduces the Reine de Naples 8918 ‘Grand Feu’ Enamel SJX Watches
Breguet Introduces May 5, 2020

Breguet Introduces the Reine de Naples 8918 ‘Grand Feu’ Enamel

Breguet’s Reine de Naples has an unusual distinction in modern watchmaking, being an iconic ladies’ watch design of the 21st century. Characterised by an egg-shaped case, the Reine de Naples was inspired by a long-lost watch made for the Queen of Naples in 1810. The watch has long been available with a variety of dials, from carved seashell cameo to guilloche gold, but not enamel – perhaps a surprise given the frequent use of enamel dials on Breguet’s watches for men. But now enamel is no longer the exception with the debut of the Reine de Naples 8918 with grand feu enamel dial. Initial thoughts The Reine de Naples – named after Napoleon’s sister Caroline Bonaparte, who ordered the long-lost watch while she was Queen of Naples – is available in a bewildering variety of guises covering the entire price spectrum. While the entry-level models tend to look, well, entry-level, the high-end models can be quite exquisite. Going by photos, the new version with an enamel dial falls into the latter category. The enamel dial is simple but distinguished by elegant details like the graceful serifs on the numerals and the quirky minute track inspired by 19th century pocket watches. And the quality promises to be excellent, from dial to movement, going by everything else that Breguet does. It costs a bit under US$40,000, which is mid-range for a Reine de Naples, but reasonable as far as diamond-set ladies’ watches go, especially with a grand feu enamel dial. Diamonds an...

IWC Opens the First Virtual Boutique SJX Watches
IWC Opens May 5, 2020

IWC Opens the First Virtual Boutique

When IWC opened its boutique in Singapore’s ION Orchard mall in 2009, the store was the brand’s first in Southeast Asia. And now the store has just become the world’s first IWC Virtual Boutique. With malls in Singapore shut because of the COVID-19 coronavirus pandemic, as they are almost everywhere else, the IWC boutique has gone online in full and fine form. Also conceived to reach out to a new audience beyond the typical mall goer, the Virtual Boutique replicates the real-life experience in product and layout – though the well-stocked bar remains out of reach – encompassing all six of IWC’s product families. Everything’s included except sitting down for a drink The line-up includes the bestselling Pilot’s Watches and Portugieser, with watches arranged in showcases, with a click bringing them “up close”. And just like in a real store, the boutique’s salespeople are available for live, realtime chats on weekdays from 10 am to 7 pm. Clients can also schedule an appointment with a salesperson in advance. The virtual store, however, is not an e-commerce platform, so purchases cannot be made on it. “At a time where virtual connections are more frequent and accessible than physical ones, visitors can now enjoy the… IWC experience, outside the traditional retail infrastructure,” says Stanislas Rambaud, the brand’s chief in Southeast Asia, adding, “This endeavour also affirms our determination in extending the world of IWC to new friends, while str...

Junghans Introduces the Max Bill Mega Solar SJX Watches
Junghans Introduces May 5, 2020

Junghans Introduces the Max Bill Mega Solar

The quintessential Junghans is arguably any Max Bill wristwatch, which are all slightly different but share an instantly recognisable style that’s modern, mid-20th century, and still appealing five decades on. The German watchmaker now offers the Max Bill designs in a variety of watches from quartz to automatic chronograph, and the new Max Bill Mega Solar is the most extreme in its design and technological disparity – high-tech dressed in retro style, which makes for a pretty cool watch. Initial thoughts Junghans has solid timekeeping tech in its Mega radio-control watches, but for the most part they are unattractive, at least for someone who likes mechanical watches. Many look like gadgets trying to be an analogue wristwatch. As a result, the Max Bill Mega Solar is a blessing. A Swiss architect and designer whose style was spare and Bauhaus-inspired, Bill designed a series of clocks for Junghans in the late 1950s, followed by wristwatches in 1961. Today’s Max Bill watches are essentially identical to the originals of the 1960s. And now the delightfully concise styling has been combined with a solar-powered, radio-controlled movement. For someone who likes gadgets – and also values good design – this is hard to beat. Radio-control, now worldwide The Max Bill Mega Solar is an upgrade over the earlier Max Bill Mega, which has a quartz movement in a steel case. The new Max Bill Mega Solar has a titanium case, and is solar-powered. It’ll run for up to three ye...

Girard-Perregaux Introduces the Laureato Absolute Light SJX Watches
Girard-Perregaux Introduces May 4, 2020

Girard-Perregaux Introduces the Laureato Absolute Light

Girard-Perregaux’s luxury-sports watch is available in the usual range of materials, as well as some unusual carbon-glass composites, and now sapphire with the Laureato Absolute Light. At first glance it appears to adhere to a common formula – executing a well-known case design in sapphire – but Girard-Perregaux has tweaked a few elements to make it a little more interesting, while maintaining transparent-mechanical look prized in such watches. Initial thoughts Ultra-luxe sports watches with sapphire cases are surprisingly common, despite the accompanying price tag. Typically the design can be varied little, since what most brands do is produce their signature style in sapphire. So the way to stand out is to make the details a little bit more interesting, and the price tag a little less high. Girard-Perregaux has succeeded in the former – amongst the interesting details here are the movement and hours chapter ring – while doing so-so on the latter. At 85,000 Swiss francs, the Laureato Absolute Light is a lot of money, but amongst sapphire-case sports watches, the price is middle of the road. Framed by lugs The 44 mm case is typical Laureato, which is a circle within an octagon within a tonneau-shaped case. Admittedly the standard Laureato does bear a strong resemblance to a handful of famous Gerald Genta case designs, but when rendered in sapphire the Laureato does look quite original. The case construction is unusual in that the titanium lugs bookend each side ...

Urwerk Introduces the UR-100 Gold Edition SJX Watches
Urwerk Introduces May 4, 2020

Urwerk Introduces the UR-100 Gold Edition

Returning to a metal it has not used in a long time, Urwerk debuts the UR-100 Gold Edition in 18k yellow gold. It’s a limited edition of just 25 watches, with the first watch slated to be sold to benefit medical research in an online auction. The Gold Edition is the fourth iteration of the brand’s entry-level watch, which was previously available only in steel. Because of the case material, the Gold Edition is more costly, but by a reasonable margin, than the earlier steel versions. Initial thoughts Though Urwerk watches make the most sense in steel or titanium – those materials match the sci-fi style and mechanics – they have the most appealing tangible feel in precious metal. And brushed yellow gold has a restrained-but-luxe look that I like, though I would worry about it being quite easily scuffed. The downside of an Urwerk watch in gold or platinum is typically weight, and the resulting poor ergonomics. But as the UR-100 is one of the smallest, and definitely the slimmest, Urwerk watches to date, it is likely the most wearable gold Urwerk to date. Importantly, it’s priced at about 20% over the steel version, or 10,000 Swiss francs, which is reasonable as such things go. The Gold Edition is worth the stretch, assuming you can live with the less-robust case material. 2N gold The gold case is finished with a pronounced brushed finish, with the edges framed by polished bevels, resulting in a soft sheen that goes with the pale colour of the alloy – 2N gold accor...

Bell & Ross Introduces the BR 03-92 HUD SJX Watches
Bell & Ross Introduces May 4, 2020

Bell & Ross Introduces the BR 03-92 HUD

In a smart bit of irony, the latest aviation-instrument edition from Bell & Ross – the BR 03-92 HUD – is a mechanical replica of the electronic heads-up display (HUD) in fighter jets, reproducing the green and black screen from the cockpit with sapphire crystal and Super-Luminova. The BR 03-92 HUD follows on other instrument panel-inspired BR 03 watches, including the BR 01-92 Red Radar of 2011, which was probably the cleverest of the editions, until new HUD. Initial thoughts In its initial years, Bell & Ross (B&R;) took the military-instrument aspect of the BR series pretty seriously, and the watches were largely no-nonsense pilot’s watches. But starting a couple of years ago the designs have gotten more lighthearted – from full “lume” to skulls – which conversely makes sense. The HUD continues with the theme, while managing some self-reflective humour in being a mechanical watch, but manages to capture the cockpit display. And as is typical for the BR series, the watch is powered by an ordinary movement, but presented in a high-quality case made by B&R;’s sister company, G&F; Chatelain (and both, in turn, are owned by Chanel), and accompanied by an accessible retail price. In short, it’s a fun, affordable watch that’s well executed. Tinted crystal The HUD-style watch face is achieved with simple but effective construction that creates several layers of glow-in-the-dark green: the sapphire crystal is tinted green with a coating on its underside, with the ...

In-Depth: The Bespoke (and Custom) Experience at Andersen Genève SJX Watches
Vacheron Constantin May 2, 2020

In-Depth: The Bespoke (and Custom) Experience at Andersen Genève

When applied to watches, “bespoke” brings to mind the ultra-complicated timepieces made for famous historical figures like James W. Packard and Henry Graves Jr., who each commissioned a succession of one-off watches that pushed the technical boundaries of watchmaking in the early decades of the 20th century. One of those watches, the landmark Patek Philippe “Supercomplication” made for Graves, long held the title of most-expensive-watch ever sold. In the modern day, watchmakers continue to create unique watches. Patek Philippe does it quietly for its best clients, while Vacheron Constantin is more public with its Atelier Cabinotiers department that specialises in customised timepieces. Similarly, artisanal independent watchmakers like Voutilainen often accept commissions. But as a collector, how easy is it to dip your toes into the waters of bespoke or custom watchmaking? This is my maiden experience with such watches, which started at Andersen Geneve some six years ago. Svend at work Industrial vs. artisanal I first wanted to get involved in the creation of a custom watch in 2014. I already knew then it could not merely be changing colours on the dial or hands, neither could it be an engraved monogram. What I wanted was a truly unique world-time watch with a Louis Cottier-type mechanism. At the same time, I had a certain budget in mind, so I approached independent watchmakers that made watches I liked, but with steel cases. Somewhat naively, I thought adding a ti...

Ming Introduces the 27.01 SJX Watches
Ming Introduces May 1, 2020

Ming Introduces the 27.01

Ming is a “micro brand” that has gained tremendous recognition in a remarkably short period thanks to a well-cultivated design language and smart pricing. While the brand started out with the affordable 17 series, it then went upmarket with the 19 series. Now the brand has unveiled a new model that’s in-between the two, the Ming 27.01. In many ways it’s an evolution of the entry-level 17 series, with a more elaborately-conceived but notably thin case as well as a major upgrade in terms of mechanics, resulting in a slightly higher retail price of 3,950 Swiss francs. Initial thoughts The 27.01 is a good-looking derivative of the 17 series that launched the brand. But it’s not just a similar design, the watch has been upgraded in a useful way, mainly with slimmer proportions and a more interesting movement. Though the base movement is a pedestrian ETA Peseux, it’s been smartly modified to look different and attractive (though the revamped bridges look a bit skimpy leading to minor worries about shock resistance). While the 17 series was great value for money – and cost very little money – the 27.01 is pricey in comparison. It’s priced substantially higher, at about US$4,000, which is still reasonable value, but less easily compelling than the 17 series. An exercise in reductivism While the 27.01 retains the same 38 mm case diameter as the 17.01, its height of just 6.9 mm 27.01 makes it the slimmest Ming watch to date. Because of its svelte dimensions, the ca...

Pandemic Truths - François-Henry Bennahmias SJX Watches
Audemars Piguet Apr 30, 2020

Pandemic Truths - François-Henry Bennahmias

Audemars Piguet is one of the most recognised brands in haute horlogerie, but since François-Henry Bennahmias took over as chief executive in 2012, it has enjoyed turbocharged growth, with turnover more than doubling to over a billion francs in 2019. As the crisis hit, Audemars Piguet was still in the midst of executing some drastic strategic changes in the brand’s distribution and marketing – eliminating all third-party retail as well as pulling out from the SIHH trade fair. Has the crisis changed its plans? François-Henry Bennahmias answers our questions from his home in Nyon, a town 40 minutes to Audemars Piguet’s headquarters in Le Brassus (which just opens its new museum shaped like a glass spiral). Francois-Henri at home in Nyon How has this crisis impacted your business? All our manufacturing sites are closed; 85% of our stores worldwide are closed. So we are drastically impacted as you can imagine. 2020 will be affected in a substantial way. But with what our team have achieved in the past eight years, Audemars Piguet can weather the storm. Our financial health is good. We are able to keep every single employee around the world on the payroll. That is mainly what we have been working on: taking care of our people, of their health and of their jobs. In this regard, I would say that all is good! Obviously, the situation calls for a deep reflection on the “after”. Anyone who believes that we will go back to the normal we once knew is completely mistaken. ...

Sinn Introduces the U50 Dive Watch SJX Watches
Sinn Introduces Apr 29, 2020

Sinn Introduces the U50 Dive Watch

Sinn‘s signature dive watch is the near-indestructible U1 that’s a large 44 mm in diameter. Now Sinn has unveiled the mid-sized version of the same, the U50, which offers all of the goodness of its bigger brother but in a 41 mm case. Initial thoughts I am a fan of the original U1 because it is seriously minded in its functionality, encompassing design, material, and testing. And it is affordable, making it great value for money. The new U50 has almost all of the same features and similar pricing, so it is hard not to like it. But one caveat: though the U1 is a largish 44 mm, it never really felt that large, perhaps because of the short lugs and wide bezel (thus a small dial). So while the U50 may fit better on some wrists, it might look smaller than its 41 mm diameter suggests. U50 at 41 mm (left), and U1 at 44 mm Super steel Like the U1, the new U50 has a case made of submarine steel, the same alloy used for the German navy’s submarines. Highly resistant to seawater corrosion and also especially nonmagnetic, the steel alloy comes from ThyssenKrupp Marine Systems, a builder of naval vessels, and is the same material used for the hull of the stealthy U212 class of submarines. It’s rated to 500 m – hence the U50 moniker – and powered by the no-nonsense Sellita SW300-1, a clone of the ETA 2892. That’s less than the 1000 m of the U1, but 500 m is still plenty – and about the same depth rating as most navy submarines. And if the submarine steel alloy alone wasn...

Bulgari Introduces the Bulgari Bulgari Cities Special Edition SJX Watches
Bulgari Introduces Apr 29, 2020

Bulgari Introduces the Bulgari Bulgari Cities Special Edition

While Bulgari is probably best known for the ultra-thin Octo Finissimo and serpent-inspired, jewelled timepieces, one of its earliest wristwatch icons – and one with a broader appeal – is the Bulgari Bulgari, which happens to have been designed by Gerald Genta. And the new Bulgari Bulgari Cities Special Edition 2020 – each accompanied by a set of prints – actually harks back to the origins of the design, which was conceived as an entry-level watch. Introduced in 1977, the Bulgari Bulgari was Genta’s adaptation of the Bulgari Roma, a digital quartz watch that Bulgari gifted its top 100 clients in 1975. Engraved with “BVLGARI” and “ROMA” on its bezel, the watch borrowed from ancient Roman coins with the reigning Emperor’s name inscribed on the circumference. Genta transformed the dinky gift into the Bulgari Bulgari, which has since become one of the jeweller’s trademark watches. The Bulgari Bulgari of 1977 (left), and the dinky digital watch of 1975. Photo – Bulgari Initial thoughts The new Cities Edition takes inspiration from a limited run of watches with black-plastic cases in the early 1990s. Though small, those were good-looking watches, because they combined the classic Bulgari Bulgari style with a stark black-and-gold livery. But the cases were plastic and the watches felt cheap – though to be fair they were cheaply, and fairly, priced. Now Bulgari has translated the same look into a larger, upgraded watch with a steel case and in-house mo...

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