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Results for Swiss Made

3,974 articles · 18 videos found · page 25 of 134

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Swiss Made

Legally regulated country-of-origin mark. Since 2017 requires at least 60% Swiss production cost, Swiss movement, Swiss development, and Swiss assembly and inspection.

How Dials Are Made At The Glashütte Original Dial Factory In Pforzheim, Germany Quill & Pad
Glashütte Original Dial Factory Jun 30, 2020

How Dials Are Made At The Glashütte Original Dial Factory In Pforzheim, Germany

Glashütte Original dial factory manager Michael Baumann guided Bhanu Chropa through the complex process of manufacturing dials. He explained that depending on the complications of a given watch model, it takes 70 to 80 steps to manufacture a perfect dial. See for yourself in this interesting personal tour behind the scenes in Pforzheim, Germany.

Business News: Richemont Fortifies Balance Sheet with €2 Billion Bond Sale SJX Watches
Panerai which make up about May 19, 2020

Business News: Richemont Fortifies Balance Sheet with €2 Billion Bond Sale

Having just announced its full-year results while predicting a gloomy outlook for the business, Richemont has successful placed €2 billion of bonds, with coupon ranging from 0.75% for the 8-year note to 1.625% for the 20-year note. The bond placement boosts the Swiss luxury group’s robust balance sheet, which had a gross cash position of €6.34 billion and a net cash position of €2.40 billion at the end of March 31, 2020. The notes received an A+ rating from credit ratings agency S&P;, which also lowered its outlook for Richemont from stable to negative, “citing the possibility of a downgrade if the coronavirus pandemic causes the company’s credit metrics to worsen”. Widely regarded as a savvy investor who transformed his family’s tobaccco-and-banking empire into an even larger one focused the “hard” luxury of watches and jewellery, Mr Rupert’s belief in the severity of the pandemic-induced recession is obvious. That, in turn, does not bode well for the luxury watch business. Richemont’s biggest earner is Cartier – the jewellery division is half the group’s turnover – it also owns a host of luxury watch brands, including A. Lange & Söhne, IWC, and Panerai, which make up about 20% of its sales. During Richemont’s earning conference call on May 15, Mr Rupert explained the bond issue: “We have always believed in protecting our balance sheet… For years, a lot of investment banks questioned us about that it’s a lazy balance sheet. But h...

Jaeger-LeCoultre Boutique At 7 Place Vendôme: An Oasis Of Swiss Elegance In The Buzzing Heart Of Paris Quill & Pad
Jaeger-LeCoultre Boutique Feb 21, 2020

Jaeger-LeCoultre Boutique At 7 Place Vendôme: An Oasis Of Swiss Elegance In The Buzzing Heart Of Paris

Place Vendôme has always held an extraordinary attraction for Martin Green: he cannot visit the French capital without going there. The square is occupied by hôtel particuliers, or historical city townhouses, which served as homes and offices to some of the richest and most influential families in France. And while their façades are homogeneous, what's behind them is not: one of the magical places there is the Jaeger-LeCoultre boutique at 7 Place Vendôme.

Visiting The De Bethune Manufacture In The Swiss Mountains (Video): Is It A Spaceship? Quill & Pad
De Bethune Manufacture Jan 8, 2020

Visiting The De Bethune Manufacture In The Swiss Mountains (Video): Is It A Spaceship?

De Bethune is one of the most avant-garde watch brands on the planet. Knowing that, did you ever wonder what its factory looks like? Is it much different from other watch factories? What do this brand’s technicians do differently than others? How do they get the watches to look like that? And the most burning question: does the factory look like a spaceship? These questions and more get answered here.

How It’s Made: Inside The Breguet Castle Of Complications - Reprise Quill & Pad
Breguet Castle Jan 5, 2020

How It’s Made: Inside The Breguet Castle Of Complications - Reprise

Few get to check out Breguet’s factory from the inside, and those who do generally don’t get to take photographs of what they see. This modernized factory in the heart of the remote Vallée de Joux with its many annexed hallways, secretive doors, and interesting manufacturing capabilities has long been a jealously guarded secret. Elizabeth Doerr reveals what's behind the doors at Breguet.

Breaking News: ETA Movement Sales Halted by Swiss Authorities SJX Watches
Dec 19, 2019

Breaking News: ETA Movement Sales Halted by Swiss Authorities

News last weekend that Switzerland’s competition regulator, COMCO, also widely known by its German acronym Weko, was weighing a ban on ETA movement sales to third-party brands caused a major stir in the watch industry – and a terse, lengthy response from Swatch Group, ETA’s parent and Switzerland’s biggest watchmaking conglomerate. The move was ostensibly to allow alternatives to ETA – once Switzerland’s dominant supplier of mechanical movements – to develop. According to the Swatch Group, the ban was entirely without merit, especially given the fact that ETA was no longer the biggest supplier of movements to the industry. That title now belongs to Sellita, which supplied a million movements in 2019, compared to half the number for ETA. Now COMCO has formalised the year-long ban in an announcement that puts in place a “temporary suspension of the supply of [ETA] mechanical movements to customers”. The ban will be in force until COMCO makes its final decision by the summer of 2020. The ban, however, allows ETA to sell its movements to existing clients that are small- and medium-sized watch brands, defined as having less than 250 employees, which will probably be of little consolation to ETA. According to a Swatch Group spokesman quoted by Reuters, the majority of ETA’s movement sales are to companies with more than 250 employees, and as a result, ETA foresees it won’t be able to sell any movements next year. According to the statement, the ban is foun...