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Santos Cartier

The 1904 Cartier watch designed for aviator Alberto Santos-Dumont.

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Tank Cartier

Louis Cartier's 1917 rectangular design, inspired by the Renault FT tank.

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Sword Hands

Flat triangular blade hands without a central ridge. Cartier Tank, Santos, IWC Mark XI / Mark XX classical-dress and military signature.

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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.

Highlights: Complications at Phillips’ Hong Kong Auction SJX Watches
Patek Philippe Nov 22, 2022

Highlights: Complications at Phillips’ Hong Kong Auction

Having covered highlights from the independent watchmakers at Phillips’ The Hong Kong Watch Auction: XV, we now dive into the complicated timepieces in the sale that takes place on November 28 and 29 – an appropriate theme given that the three most valuable lots according to the estimates are complicated watches from Patek Philippe. In this roundup, we look at nine lots that stand out. Some like the ref. 5207P with the uncommon mahogany guilloche dial are six-figure, headline lots, while others are value propositions that might slip under the radar but worth noting, like the Cartier Privé Tonneau XL Skeleton Dual Time. Registration for bidding and the entire catalogue for sale can be accessed here. The ref. 5207P with a brown guilloche dial and matching obsidian inlays in the case and slide Lot 817: A. Lange & Söhne Lange 1 Time Zone “Buenos Aires” Here, we have the Lange 1 Time Zone that was first introduced in 2005. With the trademark Lange 1 dial layout and oversized date, the Time Zone maintains the recognisable Lange 1 style with its “Golden Proportions” despite being able to do much more than a standard Lange 1. This particular variant came about when Buenos Aires retailer Simonetta Orsini requested a limited edition for Argentina. The cities disc thus has Buenos Aires (“B. AIRES”) to indicate UTC-03:00, instead of Rio de Janeiro as is the norm for the model. But more significant for the Lange enthusiast is the silver dial with blue hands and ma...

100 Best Instagram Accounts for Watch Enthusiasts Teddy Baldassarre
Nov 9, 2022

100 Best Instagram Accounts for Watch Enthusiasts

There is tons of content on Instagram for watch enthusiasts - almost too much of it, some might argue. But how do you know you’re getting what you’re looking for as you scroll down your feed? For that matter, which of the many dozens of accounts devoted to engaging the #watchcommunity should you be following based on your own interests and favorites? After asking our audience for their favorite watch-related accounts, we’ve compiled the 100 best Instagram pages for watch lovers, divided into categories. There’s something here for everyone, whether you’re seeking out celebrity wrist shots, rare vintage pieces, specific brands in the spotlight, cheeky watch-world memes, or just really eye-catching watch-lifestyle photography. Affordables @affordablewristtime A showcase of watches under $1,000, linked to a review website. @practicalwatch  Spotlighting watches with a price ceiling of $1,500. Brand Specific @billiosophy A Hong Kong watch collector shows off his collection, mostly German pieces, heavy on A. Lange & Söhne. @rolexaholics Just what you'd expect: a plethora of Rolexes from a variety of collections. @gshock626.socal  Despite the handle, this page is all about showing Seiko. @creatingcartier A member of the Cartier family shares stories of watches and jewelry. @lapinist_watchrestoration  Watch restorer of Grand Seiko cases and movements shows his work   @rolex_lover Rolex photos and wrist rolls, updated daily. Celebrity Watches @insaneluxurylife Cel...

Business News: Watches & Wonders Becomes More Accessible SJX Watches
Patek Philippe Oct 30, 2022

Business News: Watches & Wonders Becomes More Accessible

In a long anticipated move, the organisers of Watches & Wonders – now the world’s most important luxury-watch fair – have just revealed the 2023 exhibition will be open to the public on its final two days. The event takes place in Geneva from March 27 to April 2, 2023, so the public days will be on the first two days of April. Simultaneously, the organisers also debuted the Watches & Wonders Geneva Foundation (WWGF). According to the announcement, the decision to create the foundation was taken by Rolex, Richemont, and Patek Philippe. Both the public days and WWGF are evidence that the Geneva giants, Rolex and Patek Philippe, now have a lead role in the city’s major watch fair. Historically that position was occupied by Richemont, the luxury group that owns a stable of brands ranging from Cartier to IWC. New titles for Messrs Dufour and Perrin The WWGF will “organise… watch and jewellery exhibitions, in Geneva and beyond… and define the major strategic areas of this ambitious project.” Most notable is the fact the the WWGF will be chaired by Rolex chief executive Jean-Frederic Dufour, while its deputy chairman is Emmanuel Perrin, head of Richemont’s watch division. Though unstated, it is implied that the WWGF succeed the Fondation de la Haute Horlogerie (FHH), which was long the organiser of SIHH and also of this year’s W&W;. Though technically independent, the FHH was regarded by the industry as being dominated by Richemont. Anyone can now walk the ha...

Breguet Introduces the Reine de Naples 8918 in Black Enamel SJX Watches
Breguet Introduces Oct 13, 2022

Breguet Introduces the Reine de Naples 8918 in Black Enamel

Inspired by a long-lost wristwatch saying to 1812 that might have been the first-ever wristwatch, the Reine de Naples is Breguet’s signature watch for ladies. Quirky in form but elegant, the model is available in numerous iterations, but the latest is unusually stark but no less graceful: the Reine de Naples 8918 with a glossy black enamel dial. Like the rest of the line, the new 8918 has its roots in the 19th century. Invented as jewellery that happened to tell the time, wristwatches of the period were fashionable accessories. One of the earliest known examples was an egg-shaped bracelet watch delivered in 1812 to Caroline Bonaparte, the younger sister of Napoleon and the Queen of Naples – reine de Naples in French. Initial thoughts Perhaps one of the most distinctive ladies’ watches on the market today, the Reine de Naples gets less attention than it deserves for a variety of reasons, including Breguet’s restrained marketing and the fact that brands like Cartier have more famous form watches. But the history and visual appeal of the Reine de Naples, as well as Breguet’s overall quality, makes it noteworthy. The 8918 in black enamel preserves the essence of the model, but it instantly stands out for its high-contrast, monochromatic palette. But it’s not merely a pretty face, for the execution is also appealing since it’s fired enamel in black, an uncommon colour for the material. Grand feu enamel dials are relatively uncommon in ladies’ watches, so B...

Hands-On: Patek Philippe Dome Clock Ref. 20145M-001 “Singapore Skyline” SJX Watches
Jaeger-LeCoultre Atmos May 15, 2022

Hands-On: Patek Philippe Dome Clock Ref. 20145M-001 “Singapore Skyline”

Longtime Patek Philippe retailer in Singapore Cortina Watch marks its 50th anniversary in 2022 with a series of limited edition watches, including the Calatrava ref. 5057G, a remake a 1997 reference created expressly for Cortina by Patek Philippe. But besides the 100-piece ref. 5057G, Patek Philippe created something even more special for the occasion, the Dome Clock ref. 20145M-001 “Singapore Skyline”. Like most Dome Clocks, the Singapore Skyline is a unique piece decorated entirely in enamel, primarily cloisonné but also gold powder and paillons. The clock bears a commemorative engraving on its base The 50th anniversary clock is not for sale, instead it will join Cortina’s own collection that already includes the Dome Clock ref. 1677M “The Esplanade – Singapore”. Created in 2015 for Singapore’s 50th year of independence, the “Esplanade” Dome Clock served as inspiration for the Singapore Skyline – together the two Dome Clocks form a perfect pair. Initial thoughts Patek Philippe may be most famous today for its sports watches, but its Dome Clocks are just as emblematic of the brand. In terms of large-format timekeepers the Dome Clock is amongst the most recognisable in horology, ranking alongside the Jaeger-LeCoultre Atmos and Cartier Mystery Clock as an iconic design. At the same time, Dome Clocks are exceedingly rare, with perhaps a dozen made every year. Within Patek Philippe’s repertoire of timepieces, Dome Clocks are the most artistic. Each Do...

Editorial: Thoughts on W&W; 2022 SJX Watches
Patek Philippe which reused their Baselworld Apr 8, 2022

Editorial: Thoughts on W&W; 2022

Having just closed its doors, Watches & Wonders 2022 (W&W;) was a success. All the industry executives I spoke with were satisfied with the event and predict it will happen again, barring any major disagreements between the important brands and groups that took part. That is borne out by the numbers as well. According to its organisers, the event had 22,000 individual visitors. Compare that to 2019 when SIHH had 23,000 visitors with about the same number of exhibitors, while Baselworld logged over 80,000 that year but with 20 times the number of exhibitors. All things considered W&W; 2022 had a good turnout. All the exhibiting brands stuck to the standard booth format of the event, except for the independent-minded quartet of Rolex, Tudor, Chopard, and Patek Philippe, which reused their Baselworld booths While turnout was good, business was great. The luxury watch industry is enjoying a boom without parallel – “sold out” and “waiting list” were certainly the defining phrases of the fair. I asked Gisbert Brunner, the veteran watch journalist who started his career before the Quartz Crisis, if he could recall a comparable period in history and he could not, though he said today does evoke the go-go years of the late 1990s. The slightly more drab section of the fair made up of almost identical booths Demand is so strong that assorted brands are being revived and new brands are entering the market. Even Cartier launched the highly complex and ingenious Masse Mysterieu...

THE TOP WATCH REVIEWS OF 2021 – The 2021 Audemars Piguet Code 11:59 collection (#10) Time+Tide
Audemars Piguet Code 11:59 collection #10 Jan 14, 2022

THE TOP WATCH REVIEWS OF 2021 – The 2021 Audemars Piguet Code 11:59 collection (#10)

Editor’s note: The Time+Tide team reviewed hundreds of watches in 2021. Here we count down the Top 30 reviews of the year that you liked best on the basis of online traffic. At number 11, it’s the Cartier Tank Must Collection… While all the rage in the ’80s, many consumers have deviated away from two-tone … ContinuedThe post THE TOP WATCH REVIEWS OF 2021 – The 2021 Audemars Piguet Code 11:59 collection (#10) appeared first on Time+Tide Watches.

History Of Ferrari Watches: Hublot, A High-Speed Partnership Quill & Pad
Girard-Perregaux Dec 16, 2021

History Of Ferrari Watches: Hublot, A High-Speed Partnership

Ferrari had already teamed up with quite a few different watch brands to feature the Prancing Horse logo on the wrist: Cartier, Girard-Perregaux, and Panerai are forces to be reckoned with, yet it was Hublot who enjoyed the greatest success in partnering with the famed car brand from Maranello. And Martin Green thinks that this might be the most successful car/watch partnership that the industry has seen so far. What do you think?

EDITOR’S PICK: How I learned to stop worrying and appreciate the brilliance of quartz Time+Tide
Grand Seiko plenty Nov 13, 2021

EDITOR’S PICK: How I learned to stop worrying and appreciate the brilliance of quartz

EDITOR’S NOTE: The notion of a luxury quartz watch should never have been a contradiction in terms. Thankfully, a growing number of high-end brands have rediscovered its appeal. From Cartier to F.P Journe and Hublot to Grand Seiko, plenty of well-respected maisons are once again investing back into quartz. All of which makes sense given … ContinuedThe post EDITOR’S PICK: How I learned to stop worrying and appreciate the brilliance of quartz appeared first on Time+Tide Watches.

Watches & Wonders Will Return to Geneva in 2022 SJX Watches
Vacheron Constantin Oct 5, 2021

Watches & Wonders Will Return to Geneva in 2022

After two years of digital fairs – and several sold-out physical fairs in China – Watches & Wonders is finally happening in Geneva. First announced for 2020 as the successor to the long-running SIHH, which for two decades was the luxury-watch fair in Geneva, Watches & Wonders (W&W;) 2022 will take place from March 30 to April 5 at Palexpo, with 39 brands in attendance. All of the major names that spurred the demise of Baselworld will exhibit at W&W; 2022, namely Rolex, Patek Philippe, Chanel, Chopard and Tudor. They’ll be joined by most of the brands owned by Richemont, the Swiss luxury group that was historically the anchor of SIHH, the event that preceded W&W;. Amongst the Richemont brands are A. Lange & Söhne, Cartier, IWC, and Vacheron Constantin. Another luxury group represented at the fair is LVMH, which has all three of its watch brands – Hublot, TAG Heuer, and Zenith – taking part. Bulgari, however, is notably absent, perhaps because there are already two Richemont-owned jewellers present. One of the significant newcomers is Grand Seiko, which only just announced its participation in the fair. Seiko was a longtime mainstay of Baselworld, so it’s not surprising that its top-of-the-line brand is returning to Switzerland to exhibit its newest watches. The gang returns, except for the independents As was the case with SIHH in the past, W&W; 2022 will include the Carré des Horlogers, a square dedicated to independent watchmakers. In years past the carré co...

One Hundred and Eighty Days with the A. Lange & Söhne Saxonia Thin SJX Watches
Glashütte Original has Sep 27, 2021

One Hundred and Eighty Days with the A. Lange & Söhne Saxonia Thin

A. Lange & Söhne introduced the Saxonia Thin 37 at SIHH 2016 as the entry-level model in its collection. But “entry level” is relative at Lange, a brand that famously applies the same rigorous standards of production and finishing to all its watches, from the Saxonia Thin to the Lange 1 Tourbillon Perpetual Calendar that retails for more than US$300,000. For the purpose of this review, I will put this reputation to the test by examining each element of the watch in detail, and share my impressions of the ownership experience. Glashüttenomics Though owned by Swiss luxury conglomerate Richemont – which owns over two dozen brands including Cartier, IWC, and Panerai – Lange remains a boutique outfit with an annual output of about 4,500 watches, and a maximum production capacity of about 5,500 watches. This is a fraction of competitors like Audemars Piguet at about 45,000 watches per year, and Patek Philippe, where the figure is over 60,000. While production volume is small, Lange is the largest employer in Glashütte, a small town with a population of about 8,000. Lange employs about 600 people at its Glashütte campus, though some commute in from the surrounding region, including the city of Dresden. This headcount is primarily devoted to watchmaking, since Lange relocated its marketing department to Berlin in 2017. For comparison, Glashütte Original has a similar number of employees in Glashütte, while producing about 13,000 watches per year, or about three ti...

Greubel Forsey Goes Green with Plant-Based Straps SJX Watches
Greubel Forsey Goes Green Jun 29, 2021

Greubel Forsey Goes Green with Plant-Based Straps

Best known for its ultra-exotic tourbillon wristwatches, Greubel Forsey has just made a surprise announcement: the brand will be permanently eliminating animal leather straps for its timepieces, instead replacing them with straps made of plant-based materials starting next year. While not the first brand turning towards sustainable alternatives to animal leather  – Swatch and Cartier did so earlier this year – Greubel Forsey is the first to undergo a complete transition, doing away with animal hides entirely. And with its most affordable watch still carrying a six-figure US dollar price, Greubel Forsey is certainly the only brand at the top end of the market doing so. More broadly, the luxury-watch industry has been making slower progress than the luxury-car industry, which has speedily moved on to greener materials for interiors. That is perhaps driven in part by the fact that traditional carmakers are already regarded as major polluters, with upstarts like Tesla accelerating away. Giants such as Bentley and Mercedes-Benz now rely on specialists like Dinamica and Vegea for leather replacements that are actually recycled paper and plant-based material respectively. That’s proof that a similar pivot for watchmakers is achievable, which is the opinion of Greubel Forsey chief executive Antonio Calce. “The technical offer for plant-based straps is mature,” noted Mr Calce in the announcement, “And our clients are by nature forward-thinking and welcoming of innovati...

Franck Muller Introduces the Skafander Tonneau Diver’s Watch SJX Watches
Richard Mille models But it was Jun 18, 2021

Franck Muller Introduces the Skafander Tonneau Diver’s Watch

Introduced in 2018 but put on hold until recently, the Skafander adapts Franck Muller’s trademark tonneau watch case for a dive watch. Getting its name from “scaphander”, an archaic term for a diving suit, the Skafander has been facelifted just as it reaches stores in both stainless steel or titanium. Initial thoughts Brash and bold watch, the Skafander is much typical of Franck Muller’s current style. At first glance, the design might seem derivative, bringing to mind the Hublot Spirit of Big Bang, and of course various Richard Mille models. But it was Franck Muller that made the tonneau case a thing in contemporary watchmaking with the Cintree Curvex – Cartier, on the other hand, invented the shape in 1906 – so the brand has every right to the shape. In fact, the Cintree Curvex was one of the “it” watches of the 1990s, so successful it arguably inspired all tonneau watches in 21st century watchmaking. Complicated and mechanical in style, the Skafander has a partially open-worked dial, which doesn’t help legibility, but it’s very much the style for modern sport watches. The Skafander manages to set itself apart amongst watches in this genre, by way of its case shape and inner rotating bezel. And priced at about US$15,000 (or 23,800 Singapore dollars), it’s relatively pricey, but on par with comparable dive watches from Hublot. The Skafander in brushed titanium Tonneau case, round bezel The Skafander’s key feature results from matching a rotatin...

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...

Highlights: Phillips Geneva Watch Auction SJX Watches
Vacheron Constantin American 1921 Perpetual Calendar May 7, 2021

Highlights: Phillips Geneva Watch Auction

Kicking off the spring-season watch auctions, the upcoming Phillips sale in Geneva takes place over the weekend of May 8 and 9. Led by the Patek Philippe ref. 2523 cloisonné world time “Eurasia”, the 236-lot catalogue has clearly been curated to cater to the taste of contemporary collectors. We round up a few interesting lots from the sale, including a pair of obscure watches by famed independent watchmakers – the Harry Winston Opus 1 by F.P. Journe, and the Roger W. Smith Series 1 “Onely” for Theo Fennell. Perhaps as unusual, but this time from an establishment name, is the Vacheron Constantin American 1921 Perpetual Calendar. And then there’s the Patek Philippe Calatrava ref. 570 with a two-tone dial and Breguet numerals, which is simply gorgeous. The Geneva Watch Auction: XIII takes place on May 8 (for lots 1-130) and May 9 (lots 131-236). The full catalogue and registration for bidding are available online. Lots 57 and 89 – Cartier Tortue monopoussoir chronographs Enjoying a resurgent interest in its elegant but original designs, bringing to mind its 1990s heyday at auction, Cartier is now frequently encountered in watch auctions. And the two present examples of the Tortue are each interesting, but even more notable side by side in the same same. They are the same watch – the original from 1930 and the remake some seven decades on. Tortue, French for” turtle”, is a century-old design attributed to Cartier, having made its debut in 1912. It’s ...

Franck Muller Introduces the Vanguard Skeleton Sapphire SJX Watches
Patek Philippe watches Apr 21, 2021

Franck Muller Introduces the Vanguard Skeleton Sapphire

One of Franck Muller’s bestselling models, the Vanguard is a modern take on the brand’s signature Cintree Curvex case. Already available in a bewildering variety of sizes, complications, and materials, the line now gets one of its most interesting iterations yet – the Vanguard Skeleton Sapphire. Featuring a clear sapphire crystal case, the new Vanguard is interesting beyond its colours and shape. Inside is a hand-wind, in-house movement with a seven-day power reserve. And in the Vanguard Skeleton Sapphire Color Dreams, the movement bridges are anodised in a multitude of colours. The Vanguard Skeleton Sapphire Color Dreams Initial thoughts The Vanguard Skeleton Sapphire is typical of modern-day Franck Muller watches – large and flamboyant, especially in the Color Dreams livery. But it also reflects Franck Muller being a vertically-integrated brand – an accomplishment not widely recognised by aficionados – with the in-house form movement that has a weeklong power reserve. With black-coated bridges While the shape of the case is reminiscent of Richard Mille, Franck Muller is the brand responsible for making the tonneau case popular in contemporary watchmaking. The Cintree Curvex was inspired by tonneau-shaped Cartier and Patek Philippe watches of the early 20th century, and became one of the “it” watches of the 1990s. But the new Vanguard’s retail price of about US$150,000 is too much – by a large margin. Skeleton sapphire The Vanguard Skeleton Sapphire i...

Christie’s Debuts Online Classes on Major Watch Brands SJX Watches
Vacheron Constantin Mar 18, 2021

Christie’s Debuts Online Classes on Major Watch Brands

Christie’s Education, the learning division of the auction house, has just launched Behind the Curtain: Watchmaking Houses, a series of virtual classes catered to beginner enthusiasts that profile the most important watch brands – essentially the names that are typically the most sought after at watch auctions. Conducted by Geneva-based watch expert Antoine Géraud, the weekly courses cover the history, important watches, and key personalities at Patek Phillipe, Rolex, Audemars Piguet, Breguet, Vacheron Constantin, and Cartier. Each lecture is 75 minutes, and recordings of each session will be available for seven days after the class should participants wish to revisit. The programme is essentially a crash course, making it ideal for beginners who want to learn more about key brands. And the length of the lectures seems ideal – punchy and brief, but enough to convey the necessary knowledge. The Patek Philippe ref. 5101P 10 Day Tourbillon Alongside the watch history classes is a separate programme covering the biggest names in jewellery, taught by historian Vanessa Cron. Just like the watch classes, these will go into the stories behind names like Van Cleef & Arpels, Tiffany & Co., Bulgari, and Cartier. With jewellers often being watchmakers as well, burgeoning watch enthusiasts might find the jewellery classes useful too. An Audemars Piguet Grand Complication pocket watch that sold at Christie’s in 2019 The price of a single class is HK$1,200, or about US$150. The ...

Business News: Watches & Wonders 2021 Will Happen Online – And in Shanghai SJX Watches
Vacheron Constantin as will Jan 29, 2021

Business News: Watches & Wonders 2021 Will Happen Online – And in Shanghai

Originally slated to be the ultimate watch fair that would also include the major brands that departed Baselworld, Watches & Wonders (W&W;) did not take place in 2020 due to the pandemic and instead became a virtual show online, before being transported to China as an actual, physical fair. The event is returning in 2021 in exactly the same format, but with a far larger number of brands taking part. W&W; will happen online from April 7-13, where 38 brands will introduce their latest watches. The participants include nearly all of watchmaking’s major brands and conglomerates. All of Richemont’s brands will be present, including A. Lange & Söhne, Cartier, and Vacheron Constantin, as will the brands owned by LVMH – TAG Heuer, Hublot, and Zenith. The list of exhibitors also includes a handful of independent brands, but few are significant, save for Greubel Forsey. Most crucially, the twin giants of Geneva watchmaking will be taking part, giving the event far greater influence and a wider audience – Rolex and its sister brand Tudor, as well as Patek Philippe. Much like the traditional watch fair in Geneva, the online version of W&W; will be open to retailers, journalists, and select clients of the participating brands. W&W; Shanghai in 2020. Photo – Watches & Wonders And a few days later… With strong demand for luxury watches in China – where social and economic life is largely back to normal – W&W; will then take place as a physical fair in Shanghai once again, b...

Business News: Richemont Sales Recover in Third Quarter SJX Watches
Panerai Jan 20, 2021

Business News: Richemont Sales Recover in Third Quarter

In the third quarter of its financial year – the three months to end-December 2020 – Richemont reported a modest recovery, with sales rising 5% over the same period a year before at constant exchange rates. This modest recovery was enough to moderate its results for the nine months to date, with revenue for the period down 14%, as compared to the drastic 38% plunge in sales for the first half of the year. Owners of over two dozen watch and jewellery brands including Cartier, IWC, and Panerai, the Swiss luxury conglomerate was buoyed by robust demand in Asia, its biggest regional market, as well as the Middle East and Africa. Combined, the two regions make up approximately half of Richemont’s global sales. The Asia Pacific enjoyed a 25% rise in sales, driven largely by exceptional demand in mainland China, where revenue rose an impressive 80% for the period, with sales in Taiwan also seeing a marked 29% increase – both consequence of a return to regular economic activity as the pandemic was brought under control, and the inability to travel and shop overseas. Paradoxically, the results in the Middle East were driven by a revival of tourist spending in Dubai as flights resumed, and domestic spending in Saudi Arabia where citizens cannot easily go abroad. This contributed towards a remarkable 27% increase in sales for the region. Elsewhere, sales too rose, albeit in smaller, single-digit increments. Bolstered by domestic demand, sales in the Americas rose by 3%. Jap...