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Business News: Swatch Group Annual Profit Falls with Hong Kong Slowdown SJX Watches
Longines just announced Jan 30, 2020

Business News: Swatch Group Annual Profit Falls with Hong Kong Slowdown

Hong Kong’s political unrest has resulted in the first fall in annual profits at the Swatch Group since 2018. The world’s biggest watchmaking group, which owns brands like Omega and Longines, just announced its 2019 results, showing declines in both sales and profits. Net profit fell 13.7%, while sales declined 1.8% at constant exchange rates, or 2.7% at current rates, to 8.24 billion francs. The drops in profit and sales were primarily due to a drastic contraction of its business in Hong Kong – a city with a population of just 7.4 million – where Swatch Group owns over 90 retail stores, largely catering to shoppers from the China. Sales in Hong Kong for the second half of 2019 fell by 200 million francs. While Hong Kong was the key driver of the decline, it was not the only one. The luxury watch business in general is suffering from anaemic growth, which is also evidenced by the watch division results at diversified luxury groups like LVMH and Kering. On a more positive note, Swatch Group has managed to fulfil its stated aims of reducing operating expenditure and thinning inventory. Operating expenses dipped about 6%, while operating cash flow rose 30% in 2019. And after several consecutive years of growth, the group’s inventories declined by 1% in 2019, to a still-substantial 6.85 billion francs at cost. It’ll be a slow 2020… With Swatch Group predicting the situation in Hong Kong will continue to be “challenging” in 2020, it is in a weaker positio...

Van Cleef & Arpels Pierre Arpels: An Intertwined History – Reprise Quill & Pad
Cartier Jan 29, 2020

Van Cleef & Arpels Pierre Arpels: An Intertwined History – Reprise

Many of the great marques in the history of watchmaking were driven by prominent figures who ended up with a watch named after them. Such was the case for both Louis Cartier and Pierre Arpels. Both were born into jewelry and watch dynasties and both made prominent marks on the histories of their respective houses. How else are they intertwined? Martin Green explains here.

RECOMMENDED READING: First impressions from an A. Lange & Söhne Odysseus owner Time+Tide
A. Lange & Sohne Jan 29, 2020

RECOMMENDED READING: First impressions from an A. Lange & Söhne Odysseus owner

Most of you reading this will have already heard of Gary Getz, or, as he goes by on his Instagram nom de guerre, GaryG (@garyg_1). But if for some reason you haven’t stumbled across his ’gram page or heard of him at a horological gathering, believe me when I say, the man hath some nice … ContinuedThe post RECOMMENDED READING: First impressions from an A. Lange & Söhne Odysseus owner appeared first on Time+Tide Watches.

Hands-On: Urwerk UR-100 Gunmetal SJX Watches
Urwerk UR-100 Gunmetal Last year Jan 29, 2020

Hands-On: Urwerk UR-100 Gunmetal

Last year Urwerk launched the UR-100 SpaceTime, a watch that installed the brand’s signature wandering hours satellite display in newly designed watch case. Unsurprisingly the UR-100 SpaceTime became a brisk seller, not only because it is the most affordable model in the catalogue, but also because its case is compact and relatively conventional in shape, making it the most wearable Urwerk watch by far. And so Urwerk has followed up with the UR-100 Gunmetal, a new variant that arrives just four months after four months after the model was launched. It feels a little bit too soon for another edition, but the Gunmetal is different enough – and the original versions are almost sold out – that it can be forgiven. Steel in disguise While the case of the new UR-100 remains the same design, the finish is unusual. The material looks like titanium, even up close it resembles titanium, but in the hand it is obviously too heavy to be titanium. The case is actually steel, which has been sandblasted to give it a smooth, matte finish and then coated with a dark grey coating. That’s a bit of a surprise, because watch cases that look like titanium are almost always titanium. But Urwerk’s rationale for using steel is practical: hard-coated steel is more resistant to scratches than titanium, which is generally quite soft. The result is watch that has a strong sci-fi military look, like a piece of kit used by the Marines in Aliens, which is very much Urwerk’s original house styl...

Hands-on with the IWC Mark XVIII (reference IW327009) WatchAdvice
Ming entry point Jan 29, 2020

Hands-on with the IWC Mark XVIII (reference IW327009)

Introduction If there’s one thing that IWC has a handle on, it’s Pilot’s watches. Within the brands iconic Pilot’s collection is the popular Mark XVIII range, which serves as a charming entry point to the family. I recently had the pleasure of spending several weeks with the Mark XVIII (reference IW327009), which is the stainless steel, black dial model, on a leather strap.  Having previously reviewed several other IWC Pilot’s pieces, including the Pilot’s Automatic Spitfire, I was curious to explore the brand’s entry-level offering further. The Dial & Hands Featuring a black dial with white luminescent markers, the Mark XVIII is simple and understated. The large white markers and numerals are easy to read at a glance, and perfectly contrast with the black dial. Even in full sun, it’s easy to read the dial, which under harsher light appears to turn matt. There’ll be no red-eyes come evening thanks to the generous luminescence and large markers. Since it’s release, the Mark XVIII’s date window has been a sticking point for some, primarily for its lack of symmetry, or it’s mere existence. Ultimately this comes down to personal taste, and after several weeks of wearing the Mark XVIII – I took no issue with it. The date window, admittedly a little out of place, blended in nicely with the rest of the dial, thanks to a matching date wheel. It’s also worth noting that this is an undeniable improvement on the it’s predecessor’s (the Mark XVII) date...

Interview: Benoît Mintiens, Founder of Ressence SJX Watches
Ressence Jan 28, 2020

Interview: Benoît Mintiens, Founder of Ressence

The left field of watchmaking has yielded many unusual and exotic time displays, but few have the same sense of function and purpose as Ressence. In fact, the essence of the brand is its name, which is short for the “Renaissance of the Essential”. Perhaps a key ingredient of the renaissance is the fact that its founder is not a watchmaker. Ressence was founded a decade ago by Benoît Mintiens, a Belgian industrial designer whose past work included trains, newsstands, and luggage. From the start, the identity of Ressence was crystal clear. The brand’s debut line of watches had dials that relied on a planetary gear mechanism to indicate the time (as well as a crown, which has since been removed from all its watches). Akin to a 21st century regulator-style display, it was an avant-garde way of displaying time, while still surprisingly intuitive. Benoit Mintiens Even more surprising was the longevity of the planetary time display, which has since spawned various iterations, often accompanied by novel innovations ranging from the oil-filled time display in the Type 3, to the more recent Type 2 that’s a mechanical watch that can set itself thanks to an electronic module. When Benoît visited Singapore in late 2019, I got a chance to explore his design philosophy, especially on how his background in industrial design helped inform his unique approach to watchmaking. He also delved into the subtleties of a Ressence wristwatch, and dropped a few hints about a new time ...

Superstar DJ Carl Cox remixes Zenith; feat. Lume Time+Tide
Zenith Jan 28, 2020

Superstar DJ Carl Cox remixes Zenith; feat. Lume

If Zenith’s showing at LVMH’s Dubai Watch Week is anything to go by, 2020 could well be the year of the eccentric collaboration for the Swiss watchmaker. Not only were members of the press treated to the unveiling of the handsome, if slightly odd, Zenith DEFY El Primero 21 Land Rover Edition, but they were … ContinuedThe post Superstar DJ Carl Cox remixes Zenith; feat. Lume appeared first on Time+Tide Watches.

Hands-On: De Bethune Dream Watch 5 in Rose Gold SJX Watches
De Bethune Dream Watch 5 Jan 27, 2020

Hands-On: De Bethune Dream Watch 5 in Rose Gold

De Bethune’s brand of watchmaking has spawned many avant-garde watches, ranging from the Urwerk collaboration for Only Watch to the East Asian-inspired Maestri Art. But its most outstanding sculptural creation is unquestionably the Dream Watch 5, an extraterrestrial seashell that tells the time. Originally launched in 2014 in mirror-polished titanium, the original Dream Watch 5 was extremely expensive, but also tiny, having the proportions of a lady’s watch. Fortunately, it was later enlarged to its current size of just under 60 mm at its widest, from crown to pointed tip, though it remains just as expensive. The Dream Watch was then iterated into several one-off examples, with the most incredible being the Dream Watch 5 in heat-blued meteorite; its extraordinary nature matched by the US$450,000 price tag. The Dream Watch 5 in meteorite More recently, a custom version of the Dream Watch 5 in 18k rose gold was delivered last year. Even though the design is exactly the same as the other variants, the rose gold specimen has a distinctly more classical look that dials back on the sci-fi feel. Like the other versions of the watch, the Dream Watch 5 in rose gold is entirely mirror polished, but also accented by an insert of polished, heat-blued titanium on the case back that extends to the crown, which is also made of the same material and then topped with a 1 carat ruby. Despite its aesthetics, the Dream Watch 5 is actually functionally simple: it indicates the hours and m...

Stunning video footage of a (fantasy) yellow gold Rolex ‘Hulk’ Submariner emerges, prompting Basel predictions Time+Tide
Rolex Hulk’ Submariner emerges prompting Jan 27, 2020

Stunning video footage of a (fantasy) yellow gold Rolex ‘Hulk’ Submariner emerges, prompting Basel predictions

“Forecasting future events is often like searching for a black cat in an unlit room, that may not even be there,” wrote Steve Davidson in The Crystal Ball. The art of predictions, in other words, tends to be an absolute mug’s game. When you’re trying to make forecasts about Rolex – a company that shrouds … ContinuedThe post Stunning video footage of a (fantasy) yellow gold Rolex ‘Hulk’ Submariner emerges, prompting Basel predictions appeared first on Time+Tide Watches.

RECOMMENDED READING: The Modern DOXA with a vintage movement Time+Tide
Doxa Jan 27, 2020

RECOMMENDED READING: The Modern DOXA with a vintage movement

Last year, fans were delighted with the release of the DOXA SUB 200 T.Graph, a steel cushion-cased chronograph with an iconic DOXA orange dial. Based on a historical reference from 1969, the SUB 200 T.Graph is part of the brand’s revitalisation over recent years, which included the release of the same chronograph, except in solid … ContinuedThe post RECOMMENDED READING: The Modern DOXA with a vintage movement appeared first on Time+Tide Watches.

It’s hip to be square: the Bell & Ross BR 03-92 Diver video review Time+Tide
Bell & Ross BR 03-92 Diver video Jan 27, 2020

It’s hip to be square: the Bell & Ross BR 03-92 Diver video review

Editor’s note: It’s certainly refreshing to witness a timepiece that breaks the archetypal aesthetic tendencies of a fit-for-purpose dive watch. Thing is though, new and innovative divers don’t come around too often … most watchmakers tend to play it pretty safe when it comes to making an amphibious timekeeping device. However, Bell & Ross certainly … ContinuedThe post It’s hip to be square: the Bell & Ross BR 03-92 Diver video review appeared first on Time+Tide Watches.

“Watch & Act!” Auction Item – Lot 7: One of a kind with the Zenith Pilot Rescue ‘Australian Rescue’ Edition Time+Tide
Zenith Pilot Rescue ‘Australian Rescue’ Jan 26, 2020

“Watch & Act!” Auction Item – Lot 7: One of a kind with the Zenith Pilot Rescue ‘Australian Rescue’ Edition

This unique piece, with a custom Australian-themed caseback and unique dial, has been conceived and created from scratch by the brilliant minds driving Zenith’s groundbreaking new era. It combines the slate grey dial of the brand new ‘Rescue’ series of Pilots, with a bronze case to dramatic effect. The blood-red crossed axe motif on the … ContinuedThe post “Watch & Act!” Auction Item – Lot 7: One of a kind with the Zenith Pilot Rescue ‘Australian Rescue’ Edition appeared first on Time+Tide Watches.

Why is this Longines Master Collection Annual Calendar so awesome? Time+Tide
Longines Master Collection Annual Calendar Jan 26, 2020

Why is this Longines Master Collection Annual Calendar so awesome?

Editor’s note: Oftentimes, it seems as though the annual calendar complication is all too easily overlooked in the horological hierarchy of complications. GMTs, Chronographs – these are the most popular sorts of watches at the moment. But the annual calendar shouldn’t be discounted … because it’s wonderful. A while ago, we went HANDS-ON with Longines’ … ContinuedThe post Why is this Longines Master Collection Annual Calendar so awesome? appeared first on Time+Tide Watches.

Hands-On: Longines Heritage Military 1938 SJX Watches
Longines Heritage Military 1938 Longines Jan 26, 2020

Hands-On: Longines Heritage Military 1938

Longines has been cranking out vintage remakes at a furious pace over the last year, most notably the Heritage Classic “sector” dial and Heritage Classic Chronograph 1946. All of them share the appealing qualities of being well-priced and fairly authentic remakes. The latest to be released is the Heritage Military 1938, a remake of an oversized watch Longines produced in the 1930s, often for Eastern European markets. It’s as good as the other remakes in terms of value – Longines excel at making value-for-money watches – but falls a bit flat with the dial. The ref. 4092 The inspiration for the new remake is the ref. 4092, a wristwatch that is exceptionally large for its time, with its steel case measuring 43 mm in diameter. Such extra-large watches with military-style dials appear to have mostly been sold to Eastern Europe; Zipper, the Longines agent in Poland at the time is often named as the recipient in archive extracts. A vintage ref. 4092 from the Longines Museum (left) next to the Heritage Military 1938 The rarity and remarkable size of the ref. 4092, along with its appealing military-style dial, makes it a fairly valuable watch today. Even an example with a severely-aged dial sold for 23,750 Swiss francs at Phillips in 2017. So unlike other modern-day remakes that are enlarged versions of vintage originals, the Heritage Military 1938 is just right; it is exactly the same size as the original, but priced at just a tenth of the auction result. The remake Th...

Hublot Introduces the Big Bang Sang Bleu II SJX Watches
Hublot Introduces Jan 25, 2020

Hublot Introduces the Big Bang Sang Bleu II

One of Hublot’s most enduring artistic collaborations has been its relationship with Sang Bleu, a Swiss creative agency and tattoo studio. Founded by Swiss tattoo artist Maxime Plescia-Büchi – who happens to be a bona fide watch aficionado himself – one of Sang Bleu’s signature tattoos is a symmetrical, geometric pattern made up of triangles, which was converted into an unusual time display for the Sang Bleu wristwatch. While the original Sang Bleu watch was time only, the Big Bang Sang Bleu II is a chronograph – with triple Sang Bleu indications, for the time, as well as the two chronograph registers. Clad in blue and available in titanium or 18k gold, the Sang Bleu tells the time via two large, latticework hands – the classic Sang Bleu motif – that have luminous paint on their tips. Similarly, the chronograph hands are rendered as open-worked octagons. Reminiscent of a kinetic sculpture as the hands move, the look is striking and unique, although it doesn’t help with legibility. Sang Bleu finishing The triangular Sang Bleu motif continues onto the bezel and case, which is essentially a geometrically-shaped variation of the tradition Hublot Big Bang. Notably, because of the alternating brushed and polished surfaces that cover the case, the brushed surface is actually a laser engraved linear pattern, because of the impossibility of creating alternating finishes on the same plane. Because the Sang Bleu II is a chronograph, it’s a large watch that’s 4...

The end of the road – Luke’s exit watch Time+Tide
Jan 24, 2020

The end of the road – Luke’s exit watch

You’ll be familiar with the misadventures of Spinal Tap over their 1982 album, Smell The Glove. The original cover artwork is problematic. Featuring the image of “a greased, naked woman on all fours wearing a dog collar”, the cover is knocked back by retailers who flatly refuse to display such a sexist image. Without the … ContinuedThe post The end of the road – Luke’s exit watch appeared first on Time+Tide Watches.

What Sealed The Deal – Jeremy’s Maurice Lacroix Pontos Chronographe Time+Tide
Maurice Lacroix Pontos Chronographe Jan 23, 2020

What Sealed The Deal – Jeremy’s Maurice Lacroix Pontos Chronographe

A chronograph is an important part of any watch collection, but the decision regarding which brand or model to buy can be a tough one. Time+Tide reader Jeremy talks us through the decision to pull the trigger on what was not only his first chronograph, but his first-ever Swiss watch, a silver dial example of … ContinuedThe post What Sealed The Deal – Jeremy’s Maurice Lacroix Pontos Chronographe appeared first on Time+Tide Watches.

The world’s watch media unites to support our Australian bushfire crisis watch auction Time+Tide
Jan 23, 2020

The world’s watch media unites to support our Australian bushfire crisis watch auction

To say that we’ve been humbled by the support we’ve received from our peers in the watch industry would be understating it. Discovering, through this crisis, the depth of feeling others have for our country, our people and our wildlife has been truly unforgettable. A searing, life-affirming experience. If I could choose one quote to sum it up - and … ContinuedThe post The world’s watch media unites to support our Australian bushfire crisis watch auction appeared first on Time+Tide Watches.

The Vacheron Constantin Overseas Tourbillon is a sports watch to get the heart racing Time+Tide
Vacheron Constantin Overseas Tourbillon Jan 21, 2020

The Vacheron Constantin Overseas Tourbillon is a sports watch to get the heart racing

Editor’s note: In 2019 we saw the popularity of existing steel sports watches with blue dials hit fever pitch on the secondary market, as well as a number of brands release their own examples of the watch that everyone wants on their wrist. But what about when a brand produces a watch that doesn’t just … ContinuedThe post The Vacheron Constantin Overseas Tourbillon is a sports watch to get the heart racing appeared first on Time+Tide Watches.

RECOMMENDED READING: Why Cartier clockmaking is a mystery Time+Tide
Cartier clockmaking Jan 21, 2020

RECOMMENDED READING: Why Cartier clockmaking is a mystery

Louis Cartier has an important place in the history of the Cartier company, not only because he ran the first-ever Paris boutique but because he was responsible for one of the most enigmatic creations the brand released, the Cartier Mystery Clock. The origins of the Mystery Clock are found in 1912, when Louis Cartier began … ContinuedThe post RECOMMENDED READING: Why Cartier clockmaking is a mystery appeared first on Time+Tide Watches.