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Results for Watches and Wonders Geneva

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Business News: LVMH Buys Tiffany & Co. for US$16.2 Billion SJX Watches
Louis Vuitton Nov 25, 2019

Business News: LVMH Buys Tiffany & Co. for US$16.2 Billion

After several weeks of negotiations, LVMH has sealed the deal to buy Tiffany & Co. in a US$16.2 billion, all-cash deal. Despite several years of listless growth and a declining share price – though its current management was in a midst of engineering a turnaround – Tiffany & Co. is the biggest acquisition ever in the luxury goods industry. The French luxury conglomerate, which owns Louis Vuitton and Christian Dior, is paying US$135 a share, about 35% above the last traded price before news of the takeover broke. With the acquisition of the storied American jeweller, LVMH strengthens its presence in the “hard” luxury business of jewellery and watches, a segment traditionally dominated by its Swiss rival Richemont, the owner of Cartier, Van Cleef & Arpels, and most recently, Buccellati. The addition of Tiffany’s to its 75-strong stable of brands, which includes watchmakers like Hublot and TAG Heuer, will also help LVMH grow its presence in China and the United States, where the jeweller’s baubles are popular. And the deal also means Tiffany’s well regarded chief executive, Alessandro Bogliolo, returns to LVMH, where he was once the chief operating officer at Bulgari.  

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Patek Philippe Ref. 2523 World Time Becomes Most Expensive Watch Sold in Asia SJX Watches
Patek Philippe Ref 2523 World Time Nov 25, 2019

Patek Philippe Ref. 2523 World Time Becomes Most Expensive Watch Sold in Asia

Just two weeks after the Patek Philippe Grandmaster Chime in steel set the record for the most expensive watch ever when it sold for US$31m at Christie’s in Geneva, the auctioneer clinched the title of most expensive watch sold in Asia, toppling the former record holder. It sold a Patek Philippe ref. 2523 double-crown world time wristwatch – with a blue enamel dial signed by Milan retailer Gobbi – for HK$70.175m including fees, equivalent to US$8.97m. The result yields a tidy profit for the seller, a noted Asian collector who purchased the watch in 2010 at Christie’s in Geneva for 2.675m Swiss francs. One of two known with a blue enamel dial and extremely crisp, the ref. 2523 was offered for sale in an unusual manner. Though it was part of the Hong Kong watch auction, the watch was instead offered as the first lot during the 20th century and contemporary art sale a few days before, presumably to appeal to buyers who regularly spend much larger sums on art. The watch was extensively documented by Christie’s in its catalogues, both online and offline, though it did not do the typical presale marketing tour around the region due to its insured value. The presale estimate of HK$55m-110m, or about US$7m-14m, made the ref. 2523 the most expensive lot to be ever offered at a watch auction – leading to some mutterings that the watch might not sell – so anticipation was high when the sale started at 5:30pm, especially since ultra high-value vintage watches are usual...

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#JayDay: Jay-Z just used a bunch of solid gold Rolex Daytonas as VIP invitations Time+Tide
Rolex Daytonas as VIP invitations Nov 24, 2019

#JayDay: Jay-Z just used a bunch of solid gold Rolex Daytonas as VIP invitations

We’ve all heard of a wrist flex, but what about an invitation flex … is that a thing? Well, if it wasn’t before, it is now, because hip hop heavyweight, music producer and entrepreneur Jay-Z has gone and sent out Rolex’s eponymous Daytona as VIP invitation gifts to his inaugural Shawn Carter Foundation Gala. In … ContinuedThe post #JayDay: Jay-Z just used a bunch of solid gold Rolex Daytonas as VIP invitations appeared first on Time+Tide Watches.

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Real watch lovers of Sydney turn out for second launch of DOXA in Australia Time+Tide
Doxa Nov 24, 2019

Real watch lovers of Sydney turn out for second launch of DOXA in Australia

If I could offer one piece of advice for anyone who is ever asked to speak at a watch event, it is this: know your stuff. At the second launch of Doxa watches in Australia in a week, this time in Sydney at the home of Oscar Hunt tailors in York Street, I spoke about … ContinuedThe post Real watch lovers of Sydney turn out for second launch of DOXA in Australia appeared first on Time+Tide Watches.

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Bremont Arrow Review WatchAdvice
Bremont Arrow Review Bremont Nov 21, 2019

Bremont Arrow Review

Bremont is an English based brand established in 2002, run by brothers Nick and Giles and has gained popularity and admirers in a relatively short time. Heavily entrenched with aviation roots, Bremont has been expanding their catalogue of late to entice new enthusiasts, teaming up with the likes of Jaguar and even releasing a diving range.  Earlier this year, however, a new, stripped-down line was introduced, and Bremont entered into a partnership with the Ministry of Defence (MoD) honouring Her Majesty’s Armed Forces. In an unusual departure for Bremont, all three pieces are available to both armed forces personnel and civilians. Each watch represents the three armed forces; Army- The Broadsword, Navy- a dive watch called Argonaut and the Air Force- The Arrow, a mono-pusher chronograph seen here.  CASE:  The armed forces line also introduces a new case design as opposed to Bremonts core “Trip-Tick” case which uses a three-piece design that stacks pieces of the case top & bottom with usually an aluminium centrepiece. This process allows the centre to be replaced with different materials and colours.   The Arrow uses a more traditional two-piece case design which also helps reduce the price point. The 42mm x 15mm thick and 51mm lug to lug, hardened steel case has satin and polished finishing. The case side features some additional detailing (which is standard on most Bremonts) and the slightly smaller case size is a welcome addition. A unique mono-pusher found a...

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IN-DEPTH: The TAG Heuer Carrera Calibre 16 blue dial Time+Tide
TAG Heuer Carrera Calibre 16 blue Nov 20, 2019

IN-DEPTH: The TAG Heuer Carrera Calibre 16 blue dial

The story in a second: The TAG Heuer Carrera Calibre 16 blue dial is a familiar face, which has been sleekly refined. If you know TAG Heuer, you’ll know the Carrera chronograph, a wristwatch that has been trackside at motorsport events for decades, offering those behind the wheel a functional timing tool. While some of … ContinuedThe post IN-DEPTH: The TAG Heuer Carrera Calibre 16 blue dial appeared first on Time+Tide Watches.

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De Bethune Introduces the Maestri’Art DW5 Armilia SJX Watches
De Bethune Introduces Nov 20, 2019

De Bethune Introduces the Maestri’Art DW5 Armilia

Shaped like an extraterrestrial seashell, the De Bethune Dream Watch 5 (DW5) is the brand’s most striking timepiece. It’s simple in function – showing just the time and moon phase – but more of a time-telling object than a mere watch. The new Maestri’Art DW5 Armilia is the opposite of the sleek, smooth finish of the original Dream Watch. The rose gold case is fully engraved with a motif from Les Cités obscures, or The Obscure Cities, a series of graphic novels by Belgian duo François Schuiten and Benoît Peeters. Specifically, the engraving depicts Armilia, an underground city of the novels that’s shaped like an armillary sphere. François Schuiten’s original drawing of Armilia Responsible for the engraving is Michele Rothen Rebetez, a freelance engraver based in Le Locle who has worked with De Bethune for several years, most recently on the Maestri Art I and II. Instead of the deeper, relief engraving that Ms Rothen Rebetez typically uses for watches, the DW5 Armilia is finished with banknote style engraving, made up of numerous fine, shallow lines to create depth and shadow. The DW5 is produced in two sizes, and the DW5 Armilia is in the larger, 58mm size. Mechanically, it is identical to the standard DW5, with the time indicated in a narrow window, along with the spherical moon phase display, both framed in blued titanium. The cal is 18k rose gold, while the crown is topped with a 1-carat blue sapphire.   Key facts and price Maestri’Art DW5 Armilia R...

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What Sealed The Deal – Chris’ IWC 3706 Fliegerchronograph Time+Tide
IWC 3706 Fliegerchronograph Nov 19, 2019

What Sealed The Deal – Chris’ IWC 3706 Fliegerchronograph

The only thing thrown around more often than the word iconic by watch media is watch media cleverly saying how often the word iconic is being thrown around. But despite committing both sins in one paragraph, Sunday confession would be a comfortable one if you were talking about IWC pilot’s watches as iconic. With designs … ContinuedThe post What Sealed The Deal – Chris’ IWC 3706 Fliegerchronograph appeared first on Time+Tide Watches.

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Business News: Swiss Watch Exports to Hong Kong Plunge 30% in October SJX Watches
Nov 19, 2019

Business News: Swiss Watch Exports to Hong Kong Plunge 30% in October

The latest figures from trade body Federation of the Swiss Watch Industry (FH) show a massive fall in Swiss watch exports to Hong Kong, a statistic that is proxy for sales of luxury watches. According to the FH numbers for the month of October 2019, exports to Hong Kong fell 29.7% to 191.3m Swiss francs. This comes after a more measured, 4.6% drop in September. Exports to Hong Hong have now fallen below those to China, which rose 10.8% to 218.4m francs. Enjoying a 11.2% rise to 227.5m francs is the United States, which was the largest market for Swiss watches in October. For the year to date, Hong Kong remains the world’s largest market for Swiss watches, though the gap between it and the second-placed United States is falling. Hong Kong imported 2.26 billion francs of Swiss watches in the year to date – a fall of 8.8% compared to the same period las year – compared to 1.97 billion francs for the United States. Pedder Street in Hong Kong’s Central business district, ordinarily a shopping paradise. Photo – Hong Kong Tourism Board The drop in watch exports to the city confirm industry talk that the luxury goods has been hard hit by the six months of protests that have roiled Hong Kong. Shops located in the worst affected areas can only stay open for a fraction of a business day, or not at all on some days. Several executives from both watch brands and retailers in the territory have cited consecutive, month-on-month drops in store sales that reach into the double d...

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Vacheron Constantin Introduces the Overseas Dual Time with a Black Dial SJX Watches
Vacheron Constantin Introduces Nov 19, 2019

Vacheron Constantin Introduces the Overseas Dual Time with a Black Dial

Launched last year in steel with a blue or silver dial (and also in 18k rose gold), the Vacheron Constantin Overseas Dual Time is now available in the most obvious dial colour – black. Though not readily discernible in photos, the new black dial is made up of glossy, translucent black lacquer over a sunburst-brushed surface, giving it a slightly nuanced colour that’s similar to that found on the Overseas Perpetual Calendar with a blue lacquer dial. And because the minute track is printed on a matte, granular chapter ring, the result is a subtle, two-tone dial. Dial aside the watch is identical to the earlier Overseas Dual Time. Home time is indicated by a red-tipped hour hand in the centre, which is in turn linked to the day and night display at nine o’clock. The second time zone is set via the crown, but the quickset corrector for the date function is operated via a screw-down pusher at four o’clock. It’s powered by the 5110 DT, a variation of the brand’s workhorse automatic movement that is widely used throughout the Overseas line. As with all Overseas watches, the 5110 DT has a solid gold rotor cast in the form of a compass rose. The under-dial view of the movement, showing the levers and springs that control the day and night display (at 10 o’clock), and the date (at four o’clock) And the case includes the quick-release strap mechanism that’s standard across the Overseas range. A small tab easily releases the bracelet or strap, allowing for a rapid s...

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Panerai Introduces the Radiomir California PAM 931 & Radiomir 8 Days PAM 992 SJX Watches
Panerai Introduces Nov 19, 2019

Panerai Introduces the Radiomir California PAM 931 & Radiomir 8 Days PAM 992

Panerai’s new launches this year have so far been inclined towards civilian sports – including the Luna Rossa trio and Mike Horn edition – which is a key part of chief executive Jean-Marc Pontroué’s strategy that also emphasises “experiences”. But with its two new launches – the Radiomir California 47mm (PAM 931) and Radiomir 8 Days 45mm (PAM 992) – the brand returns to the old school Marina Militare style – both have a familiar look that’s heavily inspired by wristwatches Panerai made for frogmen of the Italian navy in the 1930s and 1940s. Radiomir California 47mm PAM00931 Notably, both watches have steel cases with an “aged patina effect”, essentially a surface coating that reproduces the look of the vintage originals. The Radiomir California 47mm (PAM00931) revisits a design that Panerai has reproduced several times in the past – modelled on the ref. 3646 of the 1930s – but now with a “tropical” dial in graduated brown that mimics the look of aged dials on vintage Radiomir watches. It has Roman numerals on the upper half and Arabic numbers on the bottom, a design originally meant to aid legibility by clearly distinguishing the upper and lower halves of the dial. The crystal is domed PlexiGlas, while the movement is the extra-large, hand-wound P.3000 with a three-day power reserve. The second model is slightly more interesting, since the design is more novel (in other words having not been done before, at least in the exact same con...

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The Hour Glass Marks 40 Years with Contemporary Art SJX Watches
Audemars Piguet Longines Sinn Nov 18, 2019

The Hour Glass Marks 40 Years with Contemporary Art

Singapore-based watch retailer The Hour Glass, one of the world’s largest, is marking its 40th anniversary this year with a series of limited editions from brands like Audemars Piguet, Longines, Sinn, and Urwerk. More unusually, the anniversary encompasses exhibition of specially commissioned contemporary art by boldface artists and designers – Daniel Arsham, Marc Newson, nendo, and Studio Wieki Somers. Appropriately, each artist’s work is a meditation on the concept of time. Together they form Then Now Beyond, an exhibition curated by a committee made up of British architect David Adjaye, auctioneer Aurel Bacs, and The Hour Glass chief Michael Tay, and managed by art advisory outfit The Artling. Then Now Beyond is on show in The Hour Glass’ largest store in Singapore, Malmaison – from now till end February 2020 – within a gallery area designed by JoAnn Tan Studio, a Milan agency best known for the window displays created for Hermes, Fendi and other major fashion labels. Then Now Beyond Daniel Arsham, an American artist based in New York, is known for his “eroded” works meant to look like objects of today viewed in the distant future, but perhaps better known for his collaborations with the likes of Adidas and Rimowa. His work for the exhibition is a variation of a motif he has explored before. Titled Hourglass, it is an “eroded” hourglass cast in bronze, with the body of the hourglass broken to reveal an aged pocket watch and camera within. Daniel ...

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Give Me Five! All 5 Patek Philippe Advanced Research Limited Editions – Reprise Quill & Pad
Patek Philippe Advanced Research Limited Editions Nov 17, 2019

Give Me Five! All 5 Patek Philippe Advanced Research Limited Editions – Reprise

Silicon, long in use as a material in the electronics industry, has many advantages for mechanical watchmaking: it is 60 percent harder and 70 percent lighter than steel; non-magnetic; resistant to corrosion and shock; and generally needs no lubrication. These qualities motivated Patek Philippe to declare in 2005 that, “Silicon is the fabric of the future” and to found its Advanced Research department. Meet all five limited edition Advanced Research pieces released thus far right here.

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Dubai Watch Week Returns – Nov 20-24 SJX Watches
Grand Seiko Nov 17, 2019

Dubai Watch Week Returns – Nov 20-24

Returning for the fifth time, Dubai Watch Week (DWW) will take place from November 20-24, once again at the Dubai International Financial Centre (DIFC), a sprawling complex of offices, shops, restaurants, and three hotels, which is entirely self contained, making a visit to DWW easy to plan. As is tradition, the event includes exhibitions, watchmaking classes, and talks. Amongst the speakers will be Masayuki Hirota, an eminent Japanese watch journalist and the editor of Chronos Japan, who will be speaking about Grand Seiko. And DWW once again includes the Horology Forum, a series of panel discussions that take place daily. Panellists this year include journalists like Ariel Adams of aBlogtoWatch, watchmakers like Philippe Dufour and Stephen Forsey; brand chiefs including Karl-Friedrich Scheufele of Chopard, Jean-Claude Biver of LVMH, and Benoit Minitiens of Ressence; as well as watch collectors like San Francisco-based Jeffrey Kingston, and Aldis Hodge, an American actor who is also a jury member of the Grand Prix d’Horlogerie de Geneve. And naturally the speakers’ roster also includes prominent local personalities, including collector Hamdan Al Hudaidi and Mohammed Abdulmagied Seddiqi, chief commercial officer of Seddiqi Holding, the parent company of DWW’s organiser. A panel session at DWW 2018 And some newcomers Rolex is taking part for the first time in DWW, and bringing along with it the Oyster Perpetual Submariner exhibition, a series of displays within a sh...

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Highlights: Christie’s Hong Kong Watch Auction Fall 2019 SJX Watches
Audemars Piguet Jules Audemars Equation Nov 15, 2019

Highlights: Christie’s Hong Kong Watch Auction Fall 2019

After a record-setting auction weekend in Geneva, the action moves to Hong Kong in the last week of November. Chatter about the Hong Kong auctions this year are dominated by one watch, the Patek Philippe ref. 2523 twin-crown world time in pink gold with a blue enamel dial, because it carries the highest pre-sale estimate in watch auction history of 55m-110m Hong Kong dollars, or about US$7m-14m. Instead of being sold along with the rest of the watches on November 27, it will be the opening lot in the evening sale of 20th century and contemporary art on November 23. With the top lot in the evening sale – Five Nudes by Sanyu – having an estimate of HK$250m-550m dollars, or about US$32m-70m, the twin-crown world time hardly looks out of place. The Audemars Piguet Jules Audemars Equation of Time But the ref. 2523 aside, the rest of the Christie’s sale is made up of 239 more affordable timepieces, including an ultra-rare Patek Philippe ref. 3651 chronograph and a value-buy Audemars Piguet Jules Audemars Equation of Time in platinum. Here’s a look at highlights from the sale. And the full catalogue can be found here. Lot 2298 – Patek Philippe Nautilus ref. 3800/108G in white gold, with diamonds and emeralds  This is shameless 1990s bling – a Nautilus ref. 3800/108G. The suffix means it’s 18k white gold, fully set with brilliant-cut diamonds and having 11 baguette-cut emeralds for the hour markers. The watch feels weighty in the hand, though the case is compact. An...

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