On 8 July 2013 the Swiss Federal Competition Commission handed down a decision altering their previous agreement with the Swatch Group allowing the Group to cut watch movement and component supplies to non-Swatch Group companies. Whilst the Commission agrees in… Read More ›
News
‘Shades of Grey’ from Grieb & Benzinger
Grieb & Benzinger are a German brand best known for their skeletonised watches, some of which use vintage movements (there have also been watches under the ‘Benzinger’ brand). They have just announced a new collection of white gold watches called… Read More ›
NEWS : Vianney Halter returns with the Deep Space Tourbillon
As I write this I am watching an old episode of ‘Star Trek : Deep Space Nine’ on Australian free to air tv – yes, truly. Major Kira has discovered that the Bajoran Central Archives show her as having been… Read More ›
BASELWORLD 2013 : Some thoughts on Swatch’s new SISTEM 51 movement
What was arguably the biggest new release during Baselworld 2013 was neither an expensive complication nor an exciting new brand, but the Swatch Group CEO Nick Hayek announcing the new ‘Swatch SISTEM51’ automatic movement, to be used in an entirely… Read More ›
NEWS : Jaeger-LeCoultre CEO Jerome Lambert to become Montblanc CEO
The Richemont Group has announced that Jaeger-LeCoultre CEO Mr Jérôme Lambert will succeed Mr Lutz Bethge as CEO of Montblanc as of 1 July 2013. Mr Lambert will remain a member of the Richemont Group Management Committee. Mr Bethge will… Read More ›
NEWS: Swatch Group report increased profits in 2012
The Swatch Group has announced that in 2012 they exceeded their CHF 8 billion target by 14 per cent, with gross sales reaching CHF 8.143 billion. Operating profit increased to CHF 1. 98 billion, a rise of 22.9 per cent… Read More ›
NEWS: Richemont brands win $100 million lawsuit against counterfeiters
Hundreds of websites that allegedly sell counterfeit watches are set to be taken down, the result of a $100 million default judgment won in a New York Federal Court judgement on January 4, 2013 by a group of Richemont brands…. Read More ›
NEWS: Swatch buys Harry Winston jewellery for $750 million
The Swatch Group, which terminated a partnership with jeweller Tiffany in 2011, has re-entered the jewellery acquisitions territory, buying Harry Winston’s watch and jewellery for US$750 million in cash and US$250 million in net debt, according to Reuters. Swatch Group… Read More ›
HANDS-ON with MB&F’s Retrotastic HM5
It is commonplace to use various types of stories describe watches, to describe watch brands. How powerfully and truly these ring is a combination of history, how the narratives are weaved around us and, in the end, how believable each… Read More ›
NEWS: Vacheron Constantin Year of the Snake watch
A couple of months out from a new Chinese (lunar) year and we have another new watch for the Chinese market. This time it’s Vacheron Constantin’s Métiers d’ Art collection, which is being expanded to include a new “The Legend… Read More ›