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29,552 articles · 1,988 videos found · page 293 of 1052

Havid Nagan Debuts with the Clean and Geometric HN00 SJX Watches
Havid Nagan Feb 9, 2022

Havid Nagan Debuts with the Clean and Geometric HN00

After two years of development, Havid Nagan has finally made its debut with the HN00 Titanium. An unusually well-honed design for the inaugural watch of a brand that originated on Kickstarter, the HN00 combines an original case with an attractive guilloche dial, as well as a respectable micro-rotor movement. The genesis of Havid Nagan lay in its founder Aren Bazerkanian’s goal of producing a relatively accessible watch that incorporates elements typically found in pricier timepieces. So Mr Bazerkanian launched a modest Kickstarter campaign in 2019 to fund the prototyping process. Initial thoughts The HN00 is notable for managing a fairly original design that contains thoughtful details. Most impressive is the barleycorn guilloche dial covered in glossy, lacquer that mimics enamel. While the pattern is common, the HN00 dial is especially fine, especially around the centre of the dial where the grain converges and diminishes in size. Importantly, the dial has done away with superfluous elements such as a date or seconds hand, which presents the guilloche in all its glory. Even with the proliferation of the cushion-shaped case, the squarish case of the HN00 stands on its own. It avoids calling to mind watches from the likes of Panerai or Patek Philippe. The dimensions of the case are restrained, though it does feel a bit on the thick because neither the bezel nor the case back are sloped, while the case middle is tall, resulting in substantial verticality. At US$8...

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Business News: Kering Sells Ulysse Nardin and Girard-Perregaux to Management SJX Watches
Girard-Perregaux Jan 24, 2022

Business News: Kering Sells Ulysse Nardin and Girard-Perregaux to Management

After several years of trying to grow its sub-scale watch division, Kering has sold both of its watch brands in a management buyout led by chief executive Patrick Pruniaux. A former Apple executive who started his watch career at TAG Heuer, Mr Pruniaux first took charge of Ulysse Nardin in 2017 before also taking the top job at Girard-Perregaux a year later. He proceeded to merge both brands into a single factory in La Chaux-de-Fonds, a move that was subsequently followed by layoffs the next year. The slimmed-down brands will have the flexibility to do more, while also facing the challenge of being relatively small players facing off against stronger brands. The French luxury group never managed to replicate the earlier success of its watch brands, both of which were run by iconoclastic entrepreneurs – Rolf Schnyder at Ulysse Nardin and Luigi “Gino” Macaluso at Girard-Perregaux. Both their deaths led to their heirs selling the respective companies to Kering, the Macaluso family in 2011 and the Schnyder family in 2014. Patrick Pruniaux With brands like Gucci and Saint Laurent in its stable, Kering had 2020 revenues of over €13 billion, leaving its two-brand watch division diminutive in comparison. The group never found the right formula for its watch division, resulting in the gradual erosion of sales. At the time of their respective acquisitions, Girard-Perregaux has annual sales of about CHF180 million and Ulysse Nardin about €190 million according to recent es...

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