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Comparing and contrasting the two Bulgari Octo Finissimo ceramic models: Polished vs. Sandblasted, which is for you? Time+Tide
Bulgari Octo Finissimo ceramic models May 27, 2020

Comparing and contrasting the two Bulgari Octo Finissimo ceramic models: Polished vs. Sandblasted, which is for you?

If variety is the spice of life, Bulgari are condiment connoisseurs when it comes to the Octo Finissimo collection. Available in titanium, ceramic, carbon, sandblasted gold and now stainless steel, the many faceted cases of the range offer a dizzying array of different finishes. These external variations are hardly superficial either, they make a profound … ContinuedThe post Comparing and contrasting the two Bulgari Octo Finissimo ceramic models: Polished vs. Sandblasted, which is for you? appeared first on Time+Tide Watches.

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Business News: Baselworld to be Replaced by Swiss Watch Week SJX Watches
Patek Philippe Chanel Chopard May 22, 2020

Business News: Baselworld to be Replaced by Swiss Watch Week

With Baselworld all but finished in name – with the COVID-19 pandemic having served as the catalyst for its demise – its organiser has already lined up a potential replacement, according to Swiss newspaper Handelzeitung. Events company MCH Group, which owns Baselworld and Art Basel, registered the trademark “Swiss Watch Week” in late January 2020, perhaps an indication its management already knew that Baselworld was untenable. Departing Basel, the city that the namesake watch fair had called home for decades is seen as crucial to escape the baggage and bad publicity that has dogged Baselworld. A good part of the criticism levelled at the fair concerns the opportunistic pricing imposed by restaurants, hotels, and other accommodation during the fair. The result was a slow burn that culminated in the end of Baselworld. A scene never to be seen again – the halls of Messe Basel packed with watch brands. Photo – Baselworld Once the world’s largest watch and jewellery fair, Baselworld was hit by a gradually accelerating string of departures, starting in 2018 with industry giant Swatch Group – owner of brands like Omega, Longines, and Tissot – citing the exorbitant cost of exhibiting and other city-related expenses. Swatch was followed by Seiko and others in 2019. But the fatal blow arrived in April 2020, when the fair’s biggest exhibitors – Rolex, Patek Philippe, Chanel, Chopard, and Tudor – pulled out and announced a move to a new, yet-to-be-named fair in...

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Coronavirus projected to wipe out 60 ‘Swiss Made’ watch brands, while downturn surpasses Quartz Crisis and GFC Time+Tide
May 13, 2020

Coronavirus projected to wipe out 60 ‘Swiss Made’ watch brands, while downturn surpasses Quartz Crisis and GFC

Coronavirus has surpassed all previous crisis’ in terms of its negative impact on the Swiss watchmaking industry, with a 25 per cent downturn anticipated for 2020, according to a report by Bank Vontobel. This is worse than the Quartz Crisis, which saw a 15 per cent decline, and the 22 per cent downturn in the … ContinuedThe post Coronavirus projected to wipe out 60 ‘Swiss Made’ watch brands, while downturn surpasses Quartz Crisis and GFC appeared first on Time+Tide Watches.

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CELEBRITY WATCH DEATH MATCH: Ellen DeGeneres Vs. Trevor Noah, a toe-to-toe bout inc. Rolex, AP and Patek Time+Tide
Rolex AP May 6, 2020

CELEBRITY WATCH DEATH MATCH: Ellen DeGeneres Vs. Trevor Noah, a toe-to-toe bout inc. Rolex, AP and Patek

Ring the bell, Celebrity Watch Death Match is back for another round of mayhem, and this time we’re squaring off two of Tinseltown’s most talented anchors, both of whom demonstrate an aficionado’s taste in timepieces – Ellen DeGeneres and Trevor Noah. These talk show hosts are known for interviewing some of the world’s biggest celebrities … ContinuedThe post CELEBRITY WATCH DEATH MATCH: Ellen DeGeneres Vs. Trevor Noah, a toe-to-toe bout inc. Rolex, AP and Patek appeared first on Time+Tide Watches.

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HANDS-ON: The TAG Heuer Connected generation 3 is the Swiss and Silicon Valley doing what they do best, together Time+Tide
TAG Heuer Connected generation 3 May 3, 2020

HANDS-ON: The TAG Heuer Connected generation 3 is the Swiss and Silicon Valley doing what they do best, together

Certain expertise has always been found in specific parts of the world, creating hubs of creativity and technical innovation. So what would happen if you put the watchmaking nous of La Chaux-de-Fonds and the tech capability of Silicon Valley together into a watch? You get the TAG Heuer Connected watch, generation 3. The first generation … ContinuedThe post HANDS-ON: The TAG Heuer Connected generation 3 is the Swiss and Silicon Valley doing what they do best, together appeared first on Time+Tide Watches.

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CELEBRITY WATCH DEATH MATCH: Kevin Hart Vs. Mark Wahlberg, a Patek and Rolex-only battle for the ages Time+Tide
Rolex only battle Apr 23, 2020

CELEBRITY WATCH DEATH MATCH: Kevin Hart Vs. Mark Wahlberg, a Patek and Rolex-only battle for the ages

This week’s CWDM is going to be controversial and it’s going to be subjective. There’s no way around it. These guys are Hollywood’s high-end horologists. Their collections are pure class. So get ready for some of the craziest watches on planet earth and prepare for opinions, because we all have them, and when it comes … ContinuedThe post CELEBRITY WATCH DEATH MATCH: Kevin Hart Vs. Mark Wahlberg, a Patek and Rolex-only battle for the ages appeared first on Time+Tide Watches.

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Celebrity Watch Death Match - John Mayer Vs. Ed Sheeran … the rematch! Time+Tide
Apr 7, 2020

Celebrity Watch Death Match - John Mayer Vs. Ed Sheeran … the rematch!

Last week’s Celebrity Watch Death Match pushed it to the limit, as John Mayer and Ed Sheeran, according to you guys, ended in a white-knuckle draw. I called it 3-1 for Mayer, but you begged to differ. We had ourselves a 2-2 deadlock. So we were forced to clarify the rules. What happens when it’s a hung … ContinuedThe post Celebrity Watch Death Match – John Mayer Vs. Ed Sheeran … the rematch! appeared first on Time+Tide Watches.

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Business News: Swiss Watch Exports Forecast to Drop 25% in 2020 SJX Watches
Patek Philippe have shut their factories Apr 6, 2020

Business News: Swiss Watch Exports Forecast to Drop 25% in 2020

Swiss private bank Vontobel has just published its highly-regarded annual report on the luxury watch industry – the news for 2020 is grim. Put together by a team led by managing director Rene Weber, the Vontobel Luxury Goods Shop predicts a 25% fall in Swiss watch exports in 2020 – the biggest drop in 50 years as a result of the COVID-19 coronavirus pandemic. A proxy for the global luxury watch market, Swiss watch exports declined 22% during the 2008 financial crisis, and recovered swiftly the year after. But during the financial crisis there were no store or factory closures, and no halt to international travel. Since mid-March most watch brands, including giants Rolex and Patek Philippe, have shut their factories, or introduced short-time work, with between 60-70% of employees at Swatch Group working reduced hours. File photo of the Rolex factory in Bienne that’s gone quiet for now. Photo – Rolex At the peak of the pandemic in China, when practically the entire country was in lockdown, Vontobel estimated February sales fell 80%, something it expects will be repeated throughout the rest of the world. And even e-commerce is not enough to alleviate the situation substantially, because of logistical challenges. The report notes that as of mid-March,”the Swiss watch industry has come to an almost global standstill.” Unsurprisingly, the bank expects the pandemic to result in a steeper fall and slower recovery for the Swiss watch industry. The bank expects a s...

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CELEBRITY WATCH DEATH MATCH: John Mayer Vs. Ed Sheeran - the results Time+Tide
Apr 4, 2020

CELEBRITY WATCH DEATH MATCH: John Mayer Vs. Ed Sheeran - the results

We’ve tallied up the results from last week’s CELEBRITY WATCH DEATH MATCH: John Mayer Vs. Ed Sheeran … there’s been an upset, and it’s a big one. I declared the bout, which was mostly a Patek vs Patek punch-up, a win for the longer in the tooth collector that is John Mayer. I marked him … ContinuedThe post CELEBRITY WATCH DEATH MATCH: John Mayer Vs. Ed Sheeran – the results appeared first on Time+Tide Watches.

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Swatch or Patek, what would you wear if you were President? USA vs Australian Presidents and PMs decide… Time+Tide
Swatch Apr 4, 2020

Swatch or Patek, what would you wear if you were President? USA vs Australian Presidents and PMs decide…

It’s a surprisingly vexed question. You get voted into office as a Prime Minister or President, and suddenly the public’s attention turns to your wrist. Do you continue to wear the watches you’ve worked so hard to acquire? Or do you suddenly downgrade your wrist to what you were wearing when you were in short … ContinuedThe post Swatch or Patek, what would you wear if you were President? USA vs Australian Presidents and PMs decide… appeared first on Time+Tide Watches.

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CELEBRITY DEATH MATCH: John Mayer Vs. Ed Sheeran Time+Tide
Mar 30, 2020

CELEBRITY DEATH MATCH: John Mayer Vs. Ed Sheeran

Last week’s Celebrity Death Match was an absolute juggernaut, as we pitted Jay–Z’s watch collection against Drake’s in a hip-hop heavyweight showdown. And while Hova clearly decimated Champagne Papi’s collection, this week’s fight to the death is set to be one for the ages. We’re really ramping it up a notch, swapping out spitting bars … ContinuedThe post CELEBRITY DEATH MATCH: John Mayer Vs. Ed Sheeran appeared first on Time+Tide Watches.

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CELEBRITY WATCH DEATH MATCH: Jay-Z Vs. Drake’s watch collection - and the winner is… Time+Tide
Ming up not just roses Mar 27, 2020

CELEBRITY WATCH DEATH MATCH: Jay-Z Vs. Drake’s watch collection - and the winner is…

Well, the results are in for the inaugural round of Celebrity Watch Death Match, and everything is coming up not just roses for Jay-Z, but “Rose Gold Concepts”. Which the man himself raps about in ‘Summer’ from the Everything Is Love album, a reference to his Royal Oak Concept Tourbillon Chronograph in 18KT Rose Gold. Hove smashed Drizzy … ContinuedThe post CELEBRITY WATCH DEATH MATCH: Jay-Z Vs. Drake’s watch collection – and the winner is… appeared first on Time+Tide Watches.

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Business News: Swiss Watch Exports to Hong Kong Post Biggest Fall in 20 Years SJX Watches
Mar 19, 2020

Business News: Swiss Watch Exports to Hong Kong Post Biggest Fall in 20 Years

Trade body Federation of the Swiss Watch Industry (FH) just released its monthly export figures for Swiss watches – a proxy for the broader luxury watch market since Swiss timepieces dominate – and the February numbers are bleak. The month’s statistics illustrate two obvious trends that have shaped in the industry recently: the COVID-19 coronavirus is having a massive impact, and low-cost Swiss watches are being trounced by low-cost smartwatches. An Asian crisis, for now Compared with February last year, the value of exports globally declined by 9.2% – with export volume plunging 22.2% – but as the report notes darkly, the drop “does not yet fully reflect the actual situation in certain markets.” Unsurprisingly, the steepest declines were in the biggest Asian markets – China and Hong Kong – which suffered the worst period of the COVID-19 coronavirus pandemic in the first two months of the year. The biggest fall was in Hong Kong, where exports fell 42% – the largest monthly decline in 20 years. The city imported just CHF143m of Swiss watches, compared to CHF246m for the same month last year. Exports to China fell 51.5% to CHF73m, from CHF151m for February 2019. February was merely an acceleration of a months-long decline. For the first three months of the year, exports to Hong Kong have fallen 33% compared to the same period last year, while exports to China are down 22%. Though exports to other large markets like the United States, Singapore, and Germa...

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Tudor Introduces the Pelagos “Qatar Watch Club” SJX Watches
Chopard L.U.C GMT Mar 2, 2020

Tudor Introduces the Pelagos “Qatar Watch Club”

Founded two years ago, the Qatar Watch Club (QWC) is a community of internet-savvy watch enthusiasts in the wealthy Arab nation. The club recently got together with Tudor and local watch retailer Fifty One East to create the Pelagos “Qatar Watch Club”, a limited edition of the brand’s top-spec dive watch. The second QWC edition after last year’s Chopard L.U.C GMT, the Pelagos has “Qatar” in Arabic, or “قطر‎”, on the dial at six, replacing the five lines of text on the standard model, giving it a much cleaner look. The other point of distinction is the club logo engraved on the case back. The rest of the watch is identical to the standard model, which means a titanium case rated to 500 m and a scratch-resistant, blue-ceramic bezel insert. And the watch is equipped with the MT5612 movement. A proprietary calibre produced by Kenissi, a joint venture Tudor shares with Chanel, the calibre has a 70-hour power reserve, silicon hairspring, and is an all-round strong performer, particularly at this price point. The watch is delivered in a box bearing the QWC logo, as well as an additional blue rubber strap. Only 50 were produced – the club has 50 members – and at press time all have been spoken for. QWC members at last year’s launch event for the Chopard L.U.C GMT QWC edition. Photo – QWC Key facts Tudor Pelagos Qatar Watch Club Special Edition Ref. M25600TB-0001 Diameter: 42 mm Thickness: 14.3 mm Material: Titanium Water resistance: 500 m Movement:...

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BUSINESS NEWS: Swiss watch exports unaffected by Coronavirus outbreak yet, according to FHH Time+Tide
Feb 22, 2020

BUSINESS NEWS: Swiss watch exports unaffected by Coronavirus outbreak yet, according to FHH

While the Coronavirus outbreak certainly offers a number of reasons for the watch industry at large to be concerned, its effects haven’t been severely felt yet. According to recent data from the Fondation de la Haute Horlogerie (FHH), the first month of 2020 has seen strong watch sales, with a 9.4 per cent increase in … ContinuedThe post BUSINESS NEWS: Swiss watch exports unaffected by Coronavirus outbreak yet, according to FHH appeared first on Time+Tide Watches.

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Recommended Reading: The Swiss Cryptography Machine Maker Owned by the CIA SJX Watches
Oris Hagelin had once hoped Feb 19, 2020

Recommended Reading: The Swiss Cryptography Machine Maker Owned by the CIA

Switzerland has a well-earned reputation for producing high-quality machinery and engineering, mostly produced by small and medium-sized businesses making equipment like machine tools, printing presses, and lifts. For the same reasons, Switzerland boasts world-class watch companies, most of which share the same prowess in manufacturing and engineering. As it happens, a Swiss company was an industry leader in cryptography machines for several decades in the late 20th century. Founded by a Swede in Switzerland, Crypto AG sold mechanical encoding devices to some 120 countries, including Iran, India, and the Vatican. Although digital cryptography has now rendered cryptography hardware obsolete, such machines were once crucial to international diplomacy, intelligence, and espionage. Crypto AG was a key producer of these machines, helped by the fact that Switzerland is a neutral country. But a recent investigation by the The Washington Post and German public television network Zweites Deutsches Fernsehen (ZDF) have revealed that since 1970, Crypto AG was secretly owned by the CIA and Bundesnachrichtendienst (BND), Germany’s federal intelligence service. The news has since spiralled into a scandal in Switzerland – where neutrality has been a national policy since the 19th century – with the government setting up an inquiry to investigate just how much former officials knew. Building in backdoors According to the Post, Crypto AG founder Boris Hagelin had once hoped to pas...

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Mystery Vs. Transparency in luxury watchmaking - how much do you really want to know? Time+Tide
Ming increasingly common Dec 31, 2019

Mystery Vs. Transparency in luxury watchmaking - how much do you really want to know?

It is becoming increasingly common to see small, emerging microbrands threaten to “pull back the curtain” on the luxury watch industry, in an attempt to upend the established order and claim a slice of the suddenly democratised pie for themselves. But how effective, or even responsible a strategy is it? Is it time to stop … ContinuedThe post Mystery Vs. Transparency in luxury watchmaking – how much do you really want to know? appeared first on Time+Tide Watches.

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Business News: Swiss Authorities Weigh ETA Sales Ban SJX Watches
Dec 15, 2019

Business News: Swiss Authorities Weigh ETA Sales Ban

According to Swiss newspaper Schweiz am Wochenende (via Reuters), Switzerland’s Competition Commission, a federal body that oversees competition and antitrust matters, is considering an outright ban of movements sales by ETA to third parties, in other words brands outside of the Swatch Group, starting January 2020. Also known as COMCO, or its German acronym WEKO, the agency is expected to deliver a verdict on December 19 . No explicit reason was cited for the potential ban, but it was implied that a recent COMCO report on the industry structure of the movement business is the reason. It is possible that COMCO believes the number of alternatives to ETA is sufficient that the watch industry would be better served over the long term by forcing watch brands to switch away from ETA. COMCO has long tussled with Switzerland’s biggest movement maker, in a dispute that began 17 years ago, when ETA announced it would gradually halt sales of ebauches, or movement blanks, to brands not owned by its parent company, Swatch Group. Because ETA was, and still is, Switzerland’s largest movement, reputedly producing some five million movements a year, its decision was regarded by COMCO as anticompetitive. And the wider Swatch Group – which is the country’s largest watchmaking conglomerate – produces perhaps a third of the components needed for watch movements in the entire industry. In the subsequent years ETA and COMCO reached various agreements over movement supply, with the l...

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Business News: LVMH Buys Tiffany & Co. for US$16.2 Billion SJX Watches
Louis Vuitton Nov 25, 2019

Business News: LVMH Buys Tiffany & Co. for US$16.2 Billion

After several weeks of negotiations, LVMH has sealed the deal to buy Tiffany & Co. in a US$16.2 billion, all-cash deal. Despite several years of listless growth and a declining share price – though its current management was in a midst of engineering a turnaround – Tiffany & Co. is the biggest acquisition ever in the luxury goods industry. The French luxury conglomerate, which owns Louis Vuitton and Christian Dior, is paying US$135 a share, about 35% above the last traded price before news of the takeover broke. With the acquisition of the storied American jeweller, LVMH strengthens its presence in the “hard” luxury business of jewellery and watches, a segment traditionally dominated by its Swiss rival Richemont, the owner of Cartier, Van Cleef & Arpels, and most recently, Buccellati. The addition of Tiffany’s to its 75-strong stable of brands, which includes watchmakers like Hublot and TAG Heuer, will also help LVMH grow its presence in China and the United States, where the jeweller’s baubles are popular. And the deal also means Tiffany’s well regarded chief executive, Alessandro Bogliolo, returns to LVMH, where he was once the chief operating officer at Bulgari.  

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Business News: Swiss Watch Exports to Hong Kong Plunge 30% in October SJX Watches
Nov 19, 2019

Business News: Swiss Watch Exports to Hong Kong Plunge 30% in October

The latest figures from trade body Federation of the Swiss Watch Industry (FH) show a massive fall in Swiss watch exports to Hong Kong, a statistic that is proxy for sales of luxury watches. According to the FH numbers for the month of October 2019, exports to Hong Kong fell 29.7% to 191.3m Swiss francs. This comes after a more measured, 4.6% drop in September. Exports to Hong Hong have now fallen below those to China, which rose 10.8% to 218.4m francs. Enjoying a 11.2% rise to 227.5m francs is the United States, which was the largest market for Swiss watches in October. For the year to date, Hong Kong remains the world’s largest market for Swiss watches, though the gap between it and the second-placed United States is falling. Hong Kong imported 2.26 billion francs of Swiss watches in the year to date – a fall of 8.8% compared to the same period las year – compared to 1.97 billion francs for the United States. Pedder Street in Hong Kong’s Central business district, ordinarily a shopping paradise. Photo – Hong Kong Tourism Board The drop in watch exports to the city confirm industry talk that the luxury goods has been hard hit by the six months of protests that have roiled Hong Kong. Shops located in the worst affected areas can only stay open for a fraction of a business day, or not at all on some days. Several executives from both watch brands and retailers in the territory have cited consecutive, month-on-month drops in store sales that reach into the double d...

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Business News: LVMH Offers to Buy Tiffany & Co. SJX Watches
Patek Philippe watches Oct 27, 2019

Business News: LVMH Offers to Buy Tiffany & Co.

Luxury giant LVMH has made an offer to buy Tiffany & Co., America’s leading luxury jeweller (and the biggest retailer of Patek Philippe watches in the country), according to the Bloomberg. The French group made an all-cash offer of US$120 a share, a premium of about 22% over Tiffany’s last done share price and valuing the company at about US$14.4 billion. That would make Tiffany’s the biggest acquisition ever for LVMH, which has seen its shares hit record highs recently, bringing its value to over US$210 billion. Despite being the world’s largest luxury group – its brands include Louis Vuitton, Bulgari, Rimowa, Hublot and DFS – LVMH is relatively weak in high-end jewellery, especially compared to Swiss rival Richemont, which owns Cartier, Van Cleef & Arpels, and Piaget, and only just picked up Buccellati. Buying Tiffany would give LVMH a bigger presence in jewellery, as well as greater exposure to the United States, which is the jeweller’s biggest market, account for around a third of sales. LVMH only just opened a bag factory in Texas, the Louis Vuitton Rochambeau Ranch, in an event attended by Donald Trump and LVMH chief executive and controlling shareholder Bernard Arnault, who’s also the third-richest man in the world. Best known for its diamond engagement rings and blue boxes, Tiffany suffered from a weak spell in recent years, with its former chief executive Frederic Cumenal, an LVMH alumni, lasting barely two years. After he departed in 2017, to be...

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Introducing the Klo & Co. Alpesailer SJX Watches
Girard-Perregaux Laureato. While Oct 3, 2019

Introducing the Klo & Co. Alpesailer

Having made its debut two years ago with a dual-dial watch that combined an automatic and quartz movement, Klo & Co. is an unusual “microbrand”, having been started by a trio of young Filipino watch enthusiasts. The Manila-based brand has just unveiled the Alpesailer, a steel sports watch with an internal rotating bezel and an integrated bracelet. Head-on, the Alpesailer clearly derived from Gerald Genta’s famous octagonal design – think of it as a “Super Compressor” style homage to the Royal Oak. That being said, the bezel is actually brushed and round on top, with a polished octagonal base, bringing to mind the Girard-Perregaux Laureato. While the watch wins no prizes for ingenious design, it’s well spec’ed and only US$400. Depth rated to 100m, the case measures 41mm wide and 12.5mm in height. It features a “Super Compressor” style design with an internal rotating bezel and twin crowns – one for winding and setting, the other for rotating the bezel. However, like most modern watches inspired by actual Super Compressor dive watches from the 1960s, this does not have the same, Super Compressor sealing technology pioneered by case maker Ervin Piquerez, which relied on a spring-loaded back that press against the case as external water pressure increased. While the twin-crown design remains attractive even today, advancements in the fabrication of cases, crystals and gaskets have made such sealing technology superfluous in a modern watch. The A...

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9 of the most underrated chronographs of 2019 Time+Tide
Tudor S&G; Jul 18, 2019

9 of the most underrated chronographs of 2019

Tudor S&G; this, Patek 5172G that, but wouldn’t you rather have something … different? Year after year it’s the same story. News breaks in January and March, and all you hear about are these “hero watches” from brands X, Y, and Z time and time again. Sure, that’s cool, and there’s a reason there is … ContinuedThe post 9 of the most underrated chronographs of 2019 appeared first on Time+Tide Watches.

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RECOMMENDED READING: It might be the biggest, but the Apple Watch hasn’t crushed the Swiss  Time+Tide
Jul 3, 2019

RECOMMENDED READING: It might be the biggest, but the Apple Watch hasn’t crushed the Swiss 

Fun fact: Last year the Apple Watch shipped 22.5 million units. In the same period, the Swiss watch industry exported 23.7 million watches. Scary stuff if you’re a Swiss watch brand. Especially scary if your business is rooted in quartz watches - the market sector that’s being most aggressively eroded by the Apple onslaught.  This … ContinuedThe post RECOMMENDED READING: It might be the biggest, but the Apple Watch hasn’t crushed the Swiss  appeared first on Time+Tide Watches.

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