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California Dial

Mixed Roman / Arabic numeral dial: Rolex Bubble Back 1934, Panerai Italian Royal Navy 1939, modern Panerai Radiomir.

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Richemont

Geneva luxury holding group founded 1988 by Johann Rupert. Owns Cartier, IWC, JLC, A. Lange & Söhne, Vacheron, Panerai, Piaget. Largest haute-horlogerie portfolio in the industry.

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Radiomir Panerai

The 1936 Italian Navy frogman watch that invented the oversized dive case.

Editorial: The Strategic Genius of the Tudor Black Bay Ceramic SJX Watches
Jaeger-LeCoultre s CHF681 million May 27, 2021

Editorial: The Strategic Genius of the Tudor Black Bay Ceramic

Tudor just debuted the Black Bay Ceramic, an appealing watch that is compelling value. I like it, but it is a well-executed dive watch in black ceramic – not majorly significant in the grander scheme of things. But actually it is significant – shrewd and strategic in its concept, and a neat illustration of Tudor’s clever and patent strategy. Why? The answer lies in the industry landscape. Tudor’s parent is Rolex, the biggest luxury-watch brand in the world. According to Morgan Stanley estimates published in March 2021, Rolex sold almost CHF8 billion of watches at retail value in 2020. The equivalent number at Omega was a little under CHF3 billion, making it the second-largest luxury-watch brand. In the same report, Morgan Stanley pegged the retail-value sales for Tudor at CHF633 million, the result of having enjoyed double-digit growth for several years. Though it’s a modest number relative to Rolex and Omega, it is substantial. The figure puts Tudor a hair below Jaeger-LeCoultre’s CHF681 million, and bigger than Panerai’s CHF520 million. Tudor’s solid growth is attributable to many factors, most of which are encapsulated in the Black Bay Ceramic. Most obvious are the historically-inspired and thoughtful design, and of course the strong value proposition it represents. But more than that it is a masterstroke. Specifically, the METAS certification that makes the Black Bay Ceramic a Master Chronometer is a brilliant move. To be clear, Tudor officially has no...

Highlights: The Interesting and Perhaps Overlooked at Phillips’ Hong Kong Auction SJX Watches
Audemars Piguet minute repeater that’s not May 20, 2021

Highlights: The Interesting and Perhaps Overlooked at Phillips’ Hong Kong Auction

With the Geneva watch auctions recently concluded, the action moves to Hong Kong where Phillips is presenting a large, 312-lot catalogue over two days and three sessions. Headlined by a pair of Patek Philippe ref. 2499s with certificates – first and third series specifically – the Phillips sale encompasses several lots that will delight collectors looking for intriguing timepieces that usually go under the radar – most of which are also value buys. They include a seemingly ordinary Panerai with a brilliant Minerva movement, a round Audemars Piguet minute repeater that’s not a Code 11.59, and the electric Cartier Tank Folle that is as left-field as they come. The Hong Kong Watch Auction: XII takes place on June 5 (lots 801-852) and June 6 over two sessions (lots 853-1112). The full catalogue, along with registration for the auction, is available online. Lot 874 – Panerai Radiomir PAM 322 “Minerva” With little to distinguish it, the PAM 322 looks like any other Radiomir at a glance. Released in 2008 in a limited edition of 150 pieces, the PAM 322 is quintessential Panerai in style: a 47 mm titanium case, tobacco dial, and gilt hands. But turn it over and it is instantly recognisable as special. The PAM 322 is powered by the cal. OPXXVII, which is actually based on the Minerva cal. 16-15/16-17, one of the calibres destined for Montblanc’s top-of-the-line watches, then known as the Villeret 1858 collection (and now found in various 1858 and Heritage mode...

Business News: Greubel Forsey Names Antonio Calce CEO SJX Watches
Girard-Perregaux where he had Dec 19, 2020

Business News: Greubel Forsey Names Antonio Calce CEO

Perhaps the leading maker of avant-garde and exotic tourbillon wristwatches, Greubel Forsey has just appointed Antonio Calce as chief executive officer. Having spent the early years of his career at Panerai in product development and then overseeing its manufacture, Mr Calce then became chief executive of Corum, and subsequently Eterna as well. Next came the top job at Girard-Perregaux, where he had a mandate to turn it around but departed before his plans gained traction. At Greubel Forsey, Mr Calce succeeds Fabrice Deschanel, who became chief executive officer of Greubel Forsey in 2017 after several years as head of Audemars Piguet’s complications subsidiary Renaud & Papi. The recently-launched Greubel Forsey GMT Sport Commenting in the announcement, Robert Greubel stated, “I am convinced Antonio will carry the Greubel Forsey signature a long way, all the while respecting our values and our DNA.” Mr Greubel remains chairman of the board, while fellow cofounder Stephen Forsey continues in his role helming product and movement development. While the role of Greubel Forsey chief executive was historically one and the same with the top job at Complitime, Greubel Forsey’s sister company that builds complications for other brands, Mr Calce’s new role is only overseeing Greubel Forsey.  

INTRODUCING: The H. Moser & Cie. Pioneer Centre Seconds Funky Blue Black Edition Time+Tide
Montblanc Oct 2, 2020

INTRODUCING: The H. Moser & Cie. Pioneer Centre Seconds Funky Blue Black Edition

For watches released this year, blue has definitely been a trending dial colour. Tudor, Panerai, Montblanc, and more have all released blue watches this year – making it hard to stand out in its usage. H. Moser & Cie, however, is always up to the challenge and continually preserves its status as a pioneering haute … ContinuedThe post INTRODUCING: The H. Moser & Cie. Pioneer Centre Seconds Funky Blue Black Edition appeared first on Time+Tide Watches.

Business News: Watches & Wonders Shanghai to Happen September 2020 SJX Watches
Vacheron Constantin all owned Jul 23, 2020

Business News: Watches & Wonders Shanghai to Happen September 2020

With its Geneva debut in April 2020 cancelled due to the COVID-19 pandemic, the watch fair once known as SIHH is moving to Shanghai. Its organisers have just announced Watches & Wonders Shanghai will take place from September 9-13, 2020 at West Bund Art Center. W&W; Shanghai will see only 11 brands take part, down from 30 at the Geneva event. The exhibiting brands are A. Lange & Söhne, Baume & Mercier, Cartier, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, Piaget, Roger Dubuis, and Vacheron Constantin – all owned by Swiss luxury group Richemont – as well as independently-owned brands Parmigiani Fleurier and Purnell. Like the original fair in Geneva, the Shanghai event will be invite-only, and will include new product launches, talks, as well as watchmaking classes. Alongside the physical exhibition in Shanghai, W&W; will also unveil the new products on its website. With the Chinese watch market now in the midst of a sharp upturn post-pandemic – evidenced in the results of both Richemont and the Swatch Group – China is likely the single largest national market for luxury watches that is operating close to normal, making the migration of the event from Geneva to Shanghai eminently logical.  

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  

Watches & Wonders to Debut Online Starting April 25 SJX Watches
Patek Philippe Chopard Apr 20, 2020

Watches & Wonders to Debut Online Starting April 25

Cancelled because of the COVID-19 coronavirus pandemic, Watches & Wonders (W&W;) was due to take place in Geneva but will now go online starting April 25, 2020 at 12:00 pm CET (or 6:00 am in New York, 6:00 pm in Hong Kong and Singapore), where most of the year’s new watches will be revealed. Once known as SIHH, W&W; was meant to take place in the Palexpo convention centre in Geneva. Now the 30 brands that would have taken part in the event will be presenting their wares on a brand-new W&W; website, a project that has been completed in barely a month. Amongst the exhibiting brands are A. Lange & Söhne, Cartier, Hermes, IWC and Panerai, as well as independent brands like Ressence and H. Moser & Cie. Three cheers for a long, long time ago, when W&W; was actually real The virtual fair will showcase most of the year’s new launches, accompanied by videos, articles and other content. And the April 25 opening is just part one of W&W;, with the second part slated to arrive in summer 2020, where additional products will be launch, along with “strategic e-commerce partnerships”. Ambitious as it is, being the first large-scale virtual “fair”, this may be the first and final instalment of W&W;, given that Rolex, Patek Philippe, Chopard and Chanel have withdrawn from Baselworld and will be joining the new, as-yet unnamed fair in Geneva in April next year that will substitute W&W;. The virtual W&W; will go live on April 25 at Watchesandwonders.com. You’ll find all of the new la...

The bar for car and watchmaker collabs is now very high, and Zenith’s Defy El Primero 21 Land Rover smashes it Time+Tide
Girard-Perregaux lacked imagination would be Apr 9, 2020

The bar for car and watchmaker collabs is now very high, and Zenith’s Defy El Primero 21 Land Rover smashes it

Let’s not mince words. Watch and carmakers have been jointly responsible for some very, very lazy collaborative timepieces. I won’t pick on too many examples … but to say that some of Ferrari’s early efforts with Panerai and Girard-Perregaux lacked imagination would be a gross understatement. The Prancing Horse turned it around though – Maranello’s latest … ContinuedThe post The bar for car and watchmaker collabs is now very high, and Zenith’s Defy El Primero 21 Land Rover smashes it appeared first on Time+Tide Watches.

What Sealed The Deal – Andrio’s Patek Philippe Aquanaut ref. 5167A-001 Time+Tide
Patek Philippe Aquanaut ref 5167A-001 We Feb 25, 2020

What Sealed The Deal – Andrio’s Patek Philippe Aquanaut ref. 5167A-001

We were the stars of the show at the first ever Time+Tide event in Brisbane a few weeks back. That is, until Andrio turned up with his Patek Philippe Aquanaut. This watch has a way of winning the day, whenever it gets revealed from under a cuff.   I started my watch collections with Panerai. … ContinuedThe post What Sealed The Deal – Andrio’s Patek Philippe Aquanaut ref. 5167A-001 appeared first on Time+Tide Watches.

Business News: Richemont Reports Flat Watch Sales and Losses Online SJX Watches
Vacheron Constantin as enjoying Nov 8, 2019

Business News: Richemont Reports Flat Watch Sales and Losses Online

Having just announced its six-month results to the end of September, luxury conglomerate Richemont eked out a rise in sales driven by its jewellery division, with its online business staying in the red and watchmakers showing no growth. Sales rose 9% increase to €7.397 billion, with a stable net profit of €869 million, based on actual exchange rates. The group reported double-digit sales growth in China, Korea, Japan, the US and the United Kingdom. But overall sales in Asia Pacific, which accounts for 37% of the group’s sales, has been subdued, mostly due to the political unrest in Hong Kong, which accounts for around 10% of the group’s revenue. The city saw sales drop by double digits. Richemont’s jewellery brands, namely Cartier and Van Cleef & Arpels, though it just added Buccellati to its portfolio, reported an 8% rise in sales. Notably, it was led by a higher increase in watch sales than jewellery. Prospects for the group’s watch brands, which include IWC and Panerai, have been muted due to the slump in its biggest market, Hong Kong. Richemont singled out Panerai, A. Lange & Söhne and Vacheron Constantin as enjoying the highest growth within the watch division, which is notable for the fact that these brands are not usually the drivers of growth, at least in recent years. The A. Lange & Söhne Odysseus, launched too late to help sales but its maker did well anyway In terms of sales channels, retail sales at Richemont’s own stores were up by 4%, but who...

Business News: Richemont and Swatch Results; Massive Inventories at Swatch SJX Watches
Vacheron Constantin saw overall sales dip Jul 18, 2019

Business News: Richemont and Swatch Results; Massive Inventories at Swatch

Swiss watchmaking groups Richemont and Swatch Group just announced their first quarter and six-month results for 2019 respectively, with each going in opposite directions. Owner of brands like Cartier, IWC and Panerai, Richemont saw growth across most segments and regions. Overall sales were up 12% at constant exchange rates, with every region growing in the low teens save for the Middle East and Africa. Sales in Asia grew 10%, led by China, where demand is up due to lower taxes locally on luxury goods and more stringent checks on travellers importing items bought overseas. Most notable was the performance of its online channels, namely luxury fashion mall Yoox Net-a-Porter (YNAP), pre-owned watch merchant Watchfinder, and to a lesser extent. That growth is from a low base of comparison: last year’s first quarter for each platform was only two and one month respectively. That being said, online sales are still substantial, rising to 50% to €648m, almost equal to the €698m of sales in the Americas as a whole. The group’s watchmaking brands, which include A. Lange & Söhne and Vacheron Constantin, saw overall sales dip 2%. This was attributed to a reduction in the number of sales channels as well as reduced orders of new product by retailers. Up in Biel, where the Swatch Group has its headquarters, half-year sales were down 3.7% at constant exchange rates, to 4.07 billion Swiss francs. Net profit followed suit, shrinking 11.3% to 415m francs. For the full year, howe...

4 bronze watches you may have missed from $700 to $7000, including Zelos, Bell & Ross and Montblanc Time+Tide
Bell & Ross May 19, 2019

4 bronze watches you may have missed from $700 to $7000, including Zelos, Bell & Ross and Montblanc

The use of bronze as a case material in watchmaking has surpassed trend to establish itself as a mainstay. Certain bronzed, beautiful models have achieved legend status, such as the Panerai Bronzo, the OG of modern bronze watches, but just as many go undiscovered and unheralded – we compiled a quartet of very different offerings, … ContinuedThe post 4 bronze watches you may have missed from $700 to $7000, including Zelos, Bell & Ross and Montblanc appeared first on Time+Tide Watches.

NEWS: Piaget open their first ever Australian Boutique Time+Tide
Montblanc Dec 8, 2018

NEWS: Piaget open their first ever Australian Boutique

Last week, Piaget opened their first ever Australian Boutique, and we were lucky enough to attend the opening. Piaget has joined several of their Richemont cohort, including Cartier, Montblanc and Panerai, at Melbourne’s iconic Chadstone Shopping Centre. The upscale apartment vibe provides a more relaxed approach to retail, with nice design touches, like informal seating options. … ContinuedThe post NEWS: Piaget open their first ever Australian Boutique appeared first on Time+Tide Watches.

INTRODUCING: Montblanc pioneers refined patina with the 1858 Chronograph Tachymeter in bronze Time+Tide
Montblanc pioneers refined patina Jan 11, 2017

INTRODUCING: Montblanc pioneers refined patina with the 1858 Chronograph Tachymeter in bronze

At this stage in the game, bronze watches aren’t anything new; Panerai, Oris and Tudor have all played a role in pushing the patina-friendly metal mainstream. But until now, bronze has been the playground of tool-like dive watches, serious timepieces licked by salt and spray until a fine verdigris of adventure forms on the rugged … ContinuedThe post INTRODUCING: Montblanc pioneers refined patina with the 1858 Chronograph Tachymeter in bronze appeared first on Time+Tide Watches.