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6 things you may not know about Grand Seiko – Part 2 Time+Tide
Grand Seiko Part 2 During my Sep 2, 2020

6 things you may not know about Grand Seiko – Part 2

During my visit to the Grand Seiko “Nature of Time” exhibition, in my home town of New York City, I was fortunate to learn some lesser-known facts that have whet my appetite for the brand even more. Here is Part 2. If you missed Part 1, be sure to check it out here. 4. How the … ContinuedThe post 6 things you may not know about Grand Seiko – Part 2 appeared first on Time+Tide Watches.

INTRODUCING: The Rolex Submariner Ref. 124060 41mm no-date and the one-inch-punch the world is talking about Time+Tide
Rolex Submariner Ref 124060 41mm Sep 2, 2020

INTRODUCING: The Rolex Submariner Ref. 124060 41mm no-date and the one-inch-punch the world is talking about

The launch of any new Rolex model this year is a hugely exciting event, but the complete overhaul of the Submariner collection is a moment in time that will be looked back on as the beginning of a new chapter in the history of one of the most celebrated watches ever. Typically, when Rolex moves … ContinuedThe post INTRODUCING: The Rolex Submariner Ref. 124060 41mm no-date and the one-inch-punch the world is talking about appeared first on Time+Tide Watches.

NEWS: Smartwatches set for 10% decline in 2020, while wearables power on in the pandemic, up 137% Time+Tide
Aug 13, 2020

NEWS: Smartwatches set for 10% decline in 2020, while wearables power on in the pandemic, up 137%

We recently reported that the Apple watch has gone from strength to strength in the last reporting period, and now outsells the entire Swiss watch industry to the tune of 10 million watches. Smartwatches, as a category however, are not exactly sweeping all before them in 2020. While wearables have seen significant growth over the … ContinuedThe post NEWS: Smartwatches set for 10% decline in 2020, while wearables power on in the pandemic, up 137% appeared first on Time+Tide Watches.

We can’t stop looking at the ‘gender neutral’ Hublot Big Bang Millennial Pink and we don’t know why Time+Tide
Hublot Big Bang Millennial Pink Jul 17, 2020

We can’t stop looking at the ‘gender neutral’ Hublot Big Bang Millennial Pink and we don’t know why

In a move to be expected of a brand like Hublot, the provocative wunderkind of the industry has just released a new limited edition in collaboration with Garage Italia and the grandson of the Rake of the Riviera himself, Lapo Elkann. The Big Bang Millennial Pink is based on the Unico 42mm chronograph and features … ContinuedThe post We can’t stop looking at the ‘gender neutral’ Hublot Big Bang Millennial Pink and we don’t know why appeared first on Time+Tide Watches.

Pandemic Truths – Mohammed Abdulmagied Seddiqi of Seddiqi & Sons SJX Watches
Jun 22, 2020

Pandemic Truths – Mohammed Abdulmagied Seddiqi of Seddiqi & Sons

Everyone in watchmaking has been affected by the pandemic, brands and consumers alike. But in between the two are the retailers. To find out how the situation in unfolding for the key intermediary between brand and consumer, we spoke with Mohammed Abdulmagied Seddiqi. He is the Chief Commercial Officer of Ahmed Seddiqi & Sons, the luxury-watch pioneer established in 1950 that is now the biggest retailer in the Middle East. Beyond being a retailer, the Dubai-based company is also widely known for organising Dubai Watch Week, the biannual fair that brings watchmakers and industry personalities to the Emirate. The interview was edited for clarity and length. First, how did Seddiqi get through the lockdown? It all happened very fast and came as a shock at first. The UAE government applied very strict rules immediately to protect the population and support the economy. We underwent a strict lockdown of 40 days. For security reasons, we moved our inventory out of the malls into our headquarters. We quickly found out it was a good idea! Indeed, no matter that the whole state was in lockdown, people still reached out to us for watches. We started sending pictures to them and organising home deliveries. At the beginning to middle of March, we did one delivery a week, then it turned into a daily challenge. What is amazing is that we did not get any order cancellations during the period. On the contrary, we saw people were getting bored at home, so online shopping increased. But we...

BATTLE ROYALE: The T+T Team list their favourite ever Grand Seiko dial (and, guess what, no Snowflakes) Time+Tide
Grand Seiko dial May 27, 2020

BATTLE ROYALE: The T+T Team list their favourite ever Grand Seiko dial (and, guess what, no Snowflakes)

Editor’s note: If you’re wondering, Battle Royale is a relatively new segment where someone in the team nominates a collection or, in this case, a category – Grand Seiko dials – and we figuratively fight to the death for our favourite from said group until there is one opinion standing. Well, not really. That would … ContinuedThe post BATTLE ROYALE: The T+T Team list their favourite ever Grand Seiko dial (and, guess what, no Snowflakes) appeared first on Time+Tide Watches.

Business News: Bulgari, Hublot, TAG Heuer, and Zenith Ditch Baselworld SJX Watches
Patek Philippe Chanel Chopard Apr 17, 2020

Business News: Bulgari, Hublot, TAG Heuer, and Zenith Ditch Baselworld

In a widely expected move, the watch and jewellery brands owned by LVMH – Bulgari, Hublot, TAG Heuer, and Zenith – have just announced their pullout from Baselworld. Once the world’s largest watch fair, Baselworld suffered a mortal blow when its largest individual exhibitors, Rolex, Patek Philippe, Chanel, Chopard and Tudor, announced their withdrawal a few days ago, opting instead to move to a new fair in Geneva. And surprisingly the fair issued a swift, and clearly miffed, response to the mass exodus. But the die has been cast, with the centre of gravity having shifted decisively to Geneva, making it inevitable that the French luxury conglomerate would follow suit – especially after having made known its wavering commitment to Baselworld – and now it’s official. With the LVMH announcement, Baselworld has lost all the major exhibiting brands in Messe Basel hall 1, the fair’s flagship space. The chiefs of the LVMH watch and jewellery brands at LVMH Watch Week that took place in Dubai in January 2020, a stopgap measure due to the uncertain trade show schedule. Photo – LVMH In a statement fresh off the press, the LVMH Watch Division and Bulgari explain their move with the “clearly weakened representation of the Swiss watch industry and hence inevitably lower participation… [leading us to] withdraw in order to preserve [our] image and relations with clients as well with the media.” What the four brands will do in Geneva has not yet been decided, conti...

Breaking News: Rolex, Patek Philippe, Chanel, Chopard and Tudor Pull Out of Baselworld SJX Watches
Patek Philippe Chanel Chopard Apr 14, 2020

Breaking News: Rolex, Patek Philippe, Chanel, Chopard and Tudor Pull Out of Baselworld

The unravelling of what was once the world’s largest watch and jewellery show has finally reached its unsurprising climax as the biggest exhibitors at Baselworld – Rolex, Patek Philippe, Chanel, Chopard, and Tudor – have just announced their withdrawal from the event. Instead the all-important brands – Rolex is the world’s largest luxury watch brand by turnover – will decamp to Geneva to show their new products at a new, as-yet unnamed watch fair that will merge with Watches & Wonders (W&W;). In the announcement signed by representatives of all five brands, the departing brands cited the “unilateral decisions taken by the management of Baselworld, including the postponement of the Fair in January 2021, as well as its inability to meet the expectations and needs of brands” as reasons for their withdrawal. With that, the centre of gravity for watch trade shows will shift definitely to Geneva, and marking the end of Baselworld as a crucial event on the industry’s calendar. Not only does it call into question the viability of Baselworld, it might even be a mortal blow for the watch fair’s parent company, MCH Group, which also owns Art Basel. Hello Geneva What started with the Swatch Group’s shock exit from Baselworld in 2018 accelerated this year, with the show’s exhibitor’s committee, led by a senior Rolex executive, politely demanding a refund of fees paid for the cancelled 2020 show. The negotiations between exhibitors and fair organisers have ob...

Business News: Baselworld Inches Towards Calamity [Updated] SJX Watches
Rolex Apr 7, 2020

Business News: Baselworld Inches Towards Calamity [Updated]

Writing in a manner graceful yet irate, the president of the exhibitors committee of Baselworld – mostly made up of brands that exhibit that the event – has penned a quietly scathing letter to the organisers of Baselworld. [The fair’s response to the letter can be found in the addendum at the end of the article.] The letter, which I received a copy of, expresses the exhibitors’ dissatisfaction at well, everything, from the new date for the event to the proposed refunds for the “postponed” fair, while asking for a refund of fees paid for the cancelled event. Significantly, the letter ends with: “we fear that this will be the end, pure and simple, of Baselworld…”. While on the surface this might seem to be a group of exhibitors pushing back, it is a more nuanced – and perhaps more uplifting – picture. The president of the exhibitors committee, Hubert J. du Plessix, has a day job: head of investments and logistics at Rolex, in addition to being the president of the watchmaker’s pension fund. If there was ever a sterling example of the philosophy “speak softly and carry a big stick” in watchmaking, this is it. Seen in that light, Mr du Plessix, and by extension his employer, are standing up for the little guy: defending the interests of exhibitors who can ill-afford Baselworld even in the best of times, in an attempt to help the wider watch industry that is now on the edge of the precipice. The central atrium of Messe Basel, the convention hall des...

H. Moser & Cie started a joke that started the whole world wanting, now it’s ready for your wrist, for real Time+Tide
H. Moser & Cie started Apr 5, 2020

H. Moser & Cie started a joke that started the whole world wanting, now it’s ready for your wrist, for real

Anyone remember H. Moser & Cie.’s “April Fools” prank from last year? We just revisited it on our Instagram stories. If you missed it, allow me to explain. The @moserwatches Insta post from April 1, 2019, displayed what looked like a brand new model of the Swiss watchmaker’s popular Venturer range. But it was immediately … ContinuedThe post H. Moser & Cie started a joke that started the whole world wanting, now it’s ready for your wrist, for real appeared first on Time+Tide Watches.

Business News: Swatch Group Takes Legal Action Against COMCO SJX Watches
Hamilton According Feb 13, 2020

Business News: Swatch Group Takes Legal Action Against COMCO

Just before the new year, Swiss competition regulator COMCO, also known by its German acronym Weko, announced a provisional suspension of ETA’s right to sell movements to third-party brands. Once the dominant supplier of mechanical movements in Switzerland, ETA and its parent Swatch Group have been embroiled in a decades-long dispute with COMCO over the movement maker’s allegedly anticompetitive practices. Now the dispute between Switzerland’s largest watchmaking group and COMCO has taken a fresh turn with the Swatch Group filing a complaint with the Swiss federal court on January 20, demanding a repeal of COMCO’s decision to suspend sales, a move first reported by Swiss newspaper Neue Zürcher Zeitung (NZZ). An example of an ETA movement with upgraded features that ETA only supplies to sister brands; seen here inside a Hamilton According to the competition agency, the suspension of sales is meant to further weaken ETA’s market power as a major movement supplier, while allowing space for other movement suppliers to ramp up production and build their order books. The suspension remains in force until summer 2020, when COMCO will reach a final verdict on ETA’s rights and obligations. COMCO did allow a narrow exception to the ban, allowing ETA to sell its movements to small- and medium-sized watch brands that are existing clients. But the exception came a stipulation: Swatch Group has to treat all clients equally, which means selling movements to one small brand...