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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...

FRIDAY WIND DOWN: Hemsworth’s wrist in Extraction proves that the world’s biggest bad-asses wear… Time+Tide
May 14, 2020

FRIDAY WIND DOWN: Hemsworth’s wrist in Extraction proves that the world’s biggest bad-asses wear…

As the world begins to re-emerge from lockdown, so does our awareness of the days. Where in past weeks, Friday has come and gone in a haze of homeschooling and housebound weekends that blur into weekdays, suddenly there’s an ever-so-slight sense of TGIF. And that’s a pretty sweet feeling for us. So, as we do … ContinuedThe post FRIDAY WIND DOWN: Hemsworth’s wrist in Extraction proves that the world’s biggest bad-asses wear… appeared first on Time+Tide Watches.

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...

MICRO MONDAYS: Briston Watches & the Clubmaster Diver Time+Tide
May 11, 2020

MICRO MONDAYS: Briston Watches & the Clubmaster Diver

Editor’s note: It’s somehow Monday again, and while that would normally mean feelings of malaise and discontent, since this pandemic shifted into top gear and lockdowns now rule the lay of the land, Mondayitis isn’t really a thing anymore. Which is good, because the start of the working week also means it’s Micro Monday, and … ContinuedThe post MICRO MONDAYS: Briston Watches & the Clubmaster Diver appeared first on Time+Tide Watches.

INTRODUCING: The Girard-Perregaux Laureato Absolute Light, one of the most curious sapphire crystal-cased watches yet Time+Tide
Girard-Perregaux Laureato Absolute Light one May 7, 2020

INTRODUCING: The Girard-Perregaux Laureato Absolute Light, one of the most curious sapphire crystal-cased watches yet

The Girard-Perregaux Laureato was among the vanguard of the first luxury sports watches when it was released in 1975. But it hasn’t stayed in the past, with the constantly evolving new materials and technologies used by the brand in this collection bringing it convincingly into 2020 (with materials such as the electric-looking Carbon Glass, which … ContinuedThe post INTRODUCING: The Girard-Perregaux Laureato Absolute Light, one of the most curious sapphire crystal-cased watches yet appeared first on Time+Tide Watches.

INTRODUCING: The new Chopard Mille Miglia and L.U.C Perpetual Twin 2020 present masculinity two ways Time+Tide
Chopard Mille Miglia May 6, 2020

INTRODUCING: The new Chopard Mille Miglia and L.U.C Perpetual Twin 2020 present masculinity two ways

For their spring novelty releases this year, Chopard have reinvigorated two of their most popular collections: the Mille Miglia and the L.U.C families. We are offered something for everyone, with the more refined L.U.C collection featuring attractive new perpetual calendar references with tastefully balanced dial proportions and a beautifully decorated movement, while the sportiness of … ContinuedThe post INTRODUCING: The new Chopard Mille Miglia and L.U.C Perpetual Twin 2020 present masculinity two ways appeared first on Time+Tide Watches.

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 ...

What is the ‘Baselworld Schnitzel Dinner’, and why does it matter?  Time+Tide
May 3, 2020

What is the ‘Baselworld Schnitzel Dinner’, and why does it matter? 

The first rule about Schnitzel Dinner is that you don’t ask to be invited to Schnitzel Dinner. You be nice to Frank from Monochrome. You wait by the inbox. You hope like hell you’re going to be in ‘the 45’.  The first part was the problem for us at Time+Tide. The Dutchies are just so … ContinuedThe post What is the ‘Baselworld Schnitzel Dinner’, and why does it matter?  appeared first on Time+Tide Watches.

Michael Jordan And Scottie Pippen Wearing Roger Dubuis Watches In ESPN’s ‘The Last Dance’ Mini-Docuseries Quill & Pad
Roger Dubuis Watches May 1, 2020

Michael Jordan And Scottie Pippen Wearing Roger Dubuis Watches In ESPN’s ‘The Last Dance’ Mini-Docuseries

Elizabeth Doerr is currently enjoying watching 'The Last Dance' miniseries about Michael Jordan's career, and even more so thanks to glimpses of the great watches she keeps spying as the series progresses. She's only two episodes in at present, but what grabbed her right from the first minutes was the fact that both Jordan and Bulls forward Scottie Pippen are wearing large, noticeable watches by Roger Dubuis. Find out which ones here.

INTRODUCING: The Cartier Santos-Dumont “La Demoiselle” Limited Edition in platinum, a feast of details Time+Tide
Cartier Santos-Dumont “La Demoiselle” Limited Apr 30, 2020

INTRODUCING: The Cartier Santos-Dumont “La Demoiselle” Limited Edition in platinum, a feast of details

This year, Cartier are shining the spotlight on the pioneering age of aviation as a source of inspiration. And that brings to the fore the wristwatch that started it all, the Santos-Dumont. The model returned to prominence in 2019 with the quartz Cartier Santos-Dumont. While the Cartier family and Brazilian inventor Alberto Santos-Dumont are inexorably … ContinuedThe post INTRODUCING: The Cartier Santos-Dumont “La Demoiselle” Limited Edition in platinum, a feast of details appeared first on Time+Tide Watches.

Jaeger-LeCoultre’s astonishing return to top form with the masterful and controlled 2020 collection Time+Tide
Jaeger-LeCoultre s astonishing return Apr 29, 2020

Jaeger-LeCoultre’s astonishing return to top form with the masterful and controlled 2020 collection

Looking at the new watches Jaeger-LeCoultre released for W&W; 2020, my overriding impression was that the brand is calmly focusing on what it does really well: refined, technically rigorous and beautifully executed watchmaking that won’t stop the traffic from 100 paces (no look-at-me gimmicks here) but will invite us to pause, look more closely and … ContinuedThe post Jaeger-LeCoultre’s astonishing return to top form with the masterful and controlled 2020 collection appeared first on Time+Tide Watches.

HANDS-ON: The DOXA SUB 300 Carbon Aqua Lung US Divers limited edition, a bold statement already creating buzz Time+Tide
Doxa SUB 300 Carbon Aqua Apr 28, 2020

HANDS-ON: The DOXA SUB 300 Carbon Aqua Lung US Divers limited edition, a bold statement already creating buzz

It was a Friday afternoon last November when I met Jan Edöcs, the CEO of Doxa S.A. He was here for the launch of the brand in Australia, and not only brought the full collection of watches from 2019, but he was also generous enough to share what they had in store for 2020, including … ContinuedThe post HANDS-ON: The DOXA SUB 300 Carbon Aqua Lung US Divers limited edition, a bold statement already creating buzz appeared first on Time+Tide Watches.

F.P. Journe Introduces the New Chronomètre à Résonance SJX Watches
F.P. Journe Introduces Apr 28, 2020

F.P. Journe Introduces the New Chronomètre à Résonance

Since its launch in 2000, the Chronomètre à Résonance has perhaps become the quintessential F.P. Journe wristwatch. Still the only wristwatch to rely on the principle of resonance – omitting any mechanical means of transmission – the Résonance has been revamped and improved for its 20th anniversary. While the Résonance was powered by essentially the same calibre (the cal. 1499 in several generations) for its first two decades, the new Chronomètre à Résonance is equipped with the brand-new cal. 1520. Several features set the new movement apart from its predecessor, most notably the use of a single barrel and a remontoir d’egalite constant force mechanism in each going train. Initial thoughts Having learnt a little about the new Résonance from hints dropped by Mr Journe in the past, I was looking forward to this – and the watch lives up to expectations. The basics of the new model are no surprise, since Mr Journe had let on that the movement will incorporate his signature remontoir. The upgrades to the new movement are sensible both in terms of function and timekeeping. Relying on a single barrel eliminates the finicky and occasionally unreliable double-barrel winding mechanism of the original movement. But the remontoir installed in each going train is the crucial upgrade as it optimises the going trains before and after the escapement. In the original Resonance movement, both balance wheels oscillate at an identical amplitude at any one time, but the am...

MICRO MONDAYS: Australian watchmaker Nicholas Hacko’s maverick vision, and a reconfirmed 50-year warranty Time+Tide
Apr 27, 2020

MICRO MONDAYS: Australian watchmaker Nicholas Hacko’s maverick vision, and a reconfirmed 50-year warranty

Editor’s note: This week, we have something a little different for Micro Mondays. Instead of an interview, or review, it’s an open letter from Sydney-based Australian watchmaker, Nicholas Hacko. It was written for the second edition of NOW Magazine. We featured Nicholas Hacko by way of his kind offer to host a photo shoot starring … ContinuedThe post MICRO MONDAYS: Australian watchmaker Nicholas Hacko’s maverick vision, and a reconfirmed 50-year warranty appeared first on Time+Tide Watches.

Urwerk And The Gustave Sandoz Clock That Doesn’t Tell The Time – Reprise Quill & Pad
Urwerk Apr 26, 2020

Urwerk And The Gustave Sandoz Clock That Doesn’t Tell The Time – Reprise

In Einstein's Special Theory of Relativity, the great man introduced the concept of "spacetime: henceforth, space by itself, and time by itself, are doomed to fade away into mere shadows, and only a kind of union of the two will preserve an independent reality." Which segues nicely into the discovery of a clock by Gustave Sandoz that doesn't tell the time: it tells distance.

10 watches from Montblanc’s 2020 collection that suggest they are reaching the top of the mountain Time+Tide
Montblanc s 2020 collection Apr 25, 2020

10 watches from Montblanc’s 2020 collection that suggest they are reaching the top of the mountain

When Richemont acquired Minerva to pair with Montblanc to fast-track legitimacy for their watchmaking division, some scoffed at the audacity. Taking a respected, historical watchmaker and giving their patents to a pen brand seemed like horological heresy at the time; however, Montblanc’s commitment to continuing Minerva’s legacy only grows more apparent with each subsequent year … ContinuedThe post 10 watches from Montblanc’s 2020 collection that suggest they are reaching the top of the mountain appeared first on Time+Tide Watches.

7 highlights from the Vacheron Constantin 2020 collection Time+Tide
Vacheron Constantin 2020 collection Vacheron Constantin Apr 24, 2020

7 highlights from the Vacheron Constantin 2020 collection

Vacheron Constantin are a member of the horological holy trinity for very good reason. When it comes to technical innovation and craftsmanship, they are close to peerless in their capacity to not only create some of the most complex and interesting movements ever, but execute the design in an extremely well-thought-out wristwatch. They won the … ContinuedThe post 7 highlights from the Vacheron Constantin 2020 collection appeared first on Time+Tide Watches.

All That’s New at Watches & Wonders 2020 SJX Watches
Vacheron Constantin Égérie collection Les Cabinotiers Apr 24, 2020

All That’s New at Watches & Wonders 2020

The virtual doors of Watches & Wonders 2020 are now open – here’s an overview of all notable new releases from the exhibiting brands. This page will be updated as additional watches are launched in the coming months, so bookmark this. A. Lange & Söhne Odysseus Datomatic in white gold Zeitwerk Minute Repeater in white gold Cartier Cartier Privé Tank Asymétrique Maillon de Cartier Pasha de Cartier Santos-Dumont XL Santos-Dumont Limited Editions Santos de Cartier ADLC Girard-Perregaux Laureato Absolute Light IWC Portugieser Automatic 40 Portugieser Chronograph 3716 Portugieser Monopusher Chronograph Edition “Laureus Sport for Good” Portugieser Perpetual Calendar 42 IWC Portugieser Yacht Club Moon & Tide Jaeger-LeCoultre Master Control Collection Master Control Memovox and Master Control Memovox Timer Montblanc 1858 Automatic 24H 1858 Split Second Chronograph Limited Edition 100 Heritage Manufacture Pulsograph Panerai Luminor Marina Carbotech PAM01661 Luminor Marina Titanio DMLS PAM01117 Luminor Marina Fibratech PAM01663 Submersible EcoPangaea Tourbillon GMT PAM01108 Parmigiani Toric Tourbillon Red Gold Slate Piaget Altiplano Ultimate Concept Vacheron Constantin Égérie collection Les Cabinotiers Grand Complication Split-Seconds Chronograph “Tempo” Les Cabinotiers Astronomical Grand Complication “Ode to Music” Les Cabinotiers “The Singing Birds” Overseas Ultra-Thin Perpetual Calendar Skeleton Traditionnelle Tourbillon Chronograph