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Results for La Chaux-de-Fonds

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La Chaux-de-Fonds

Industrial capital of Swiss watchmaking. Birthplace of Omega and Girard-Perregaux, home of Greubel Forsey, the MIH, and UNESCO-listed with Le Locle.

In-Depth: Montblanc Manufactures Le Locle and Villeret SJX Watches
Montblanc Manufactures Le Locle Aug 6, 2019

In-Depth: Montblanc Manufactures Le Locle and Villeret

Over the past two decades, Montblanc has evolved from a pure-play luxury pen maker into a serious contender in watchmaking. The company’s venture into watches began quite modestly in 1997, when it rolled out a line of watches powered by outsourced movements. But it was the 2007 integration of Minerva, a fabled maker of chronographs and stopwatches, that gave Montblanc bona fide watchmaking prowess. And by virtue of its own heritage, Minerva also bestowed a degree of legitimacy on Montblanc, along with an extensive archive of historical designs ready to be mined. Watchmaking prowess Le Locle, and then Villeret Earlier in the year I got to explore all facets of Montblanc’s watchmaking with a visit to Montblanc’s twin watchmaking facilities in Le Locle and Villeret. Both sit in the Vallee de Joux, the historical heart of Swiss watchmaking, and are about a 45-minute drive from each other. Each factory is dedicated to a distinct class of watchmaking – simpler and entry-level watches at Le Locle, and haute horlogerie at Villeret. Together, the two factories give Montblanc a unique diversity that has translated into three price categories of watches. Le Locle is responsible for both the first category, entry-level watches powered by Sellita-based movements, and the second, those equipped with mass-produced, in-house movements. Unsurprisingly, the facility produces tens of thousands of watches annually, all manufactured and assembled on an industrial ...

First Look – The Louis Vuitton Voyager Flying Tourbillon “Poinçon de Genève” with a Plique-à-Jour Dial Monochrome
Louis Vuitton Voyager Flying Tourbillon “Poinçon Mar 6, 2024

First Look – The Louis Vuitton Voyager Flying Tourbillon “Poinçon de Genève” with a Plique-à-Jour Dial

In the past decade, the watch division of Louis Vuitton has been steadily expanding its foothold in haute horlogerie, a journey that commenced with acquiring movement specialist La Fabrique de Temps (LFT) about ten years ago. La Fabrique des Arts, another esteemed LV atelier within the LFT dedicated to curating metiers d’art, provided expertise and […]

Business News: De Grisogono Declares Bankruptcy SJX Watches
Jan 29, 2020

Business News: De Grisogono Declares Bankruptcy

Swiss jeweller De Grisogono, which in its prime was one of the most extravagant brands on the planet, has just filed for bankruptcy in Geneva, as a result of Luanda Leaks, the financial scandal that has engulfed Isabel dos Santos, the daughter of Angola’s former president, reports Swiss newspapers Tribune de Geneve and Le Temps. Luanda Leaks, a trove of leaked documents published by investigative news organisation ICIJ, revealed Angolan state funds were allegedly channeled to Ms dos Santos, helping make her the richest woman in Africa. Even before the leaked documents, Ms dos Santos and her family were already under pressure from her father’s successor, who has vowed to root out corruption in the oil-rich African nation. According to the documents, a portion of went to fund De Grisogono, which was acquired by a Angolan investors in 2012. The investment was led by Ms dos Santos’ husband, Sindika Dokolo, but allegedly funded by Sodiam, Angola’s state-owned diamond company. With De Grisogono continuing to lose money since 2012, the brand’s owners had been hawking De Grisogono for some time with no luck, and Luanda Leaks were the final nail in the coffin – the brand declared bankruptcy on Tuesday, January 28, 2020. The King of Black Diamonds Founded by Fawaz Gruosi in 1993, De Grisogono was perhaps most famous for its incredibly lavish annual party at the Cannes Film Festival – reputedly costing as much as 3 million francs in some years – that everyone who ...