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Results for GMT & World Time

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GMT & World Time

The traveller complications: Rolex's 1954 GMT hand and Louis Cottier's 1937 World Time mechanism.

Business News: Swatch Group Annual Profit Falls with Hong Kong Slowdown SJX Watches
Longines just announced Jan 30, 2020

Business News: Swatch Group Annual Profit Falls with Hong Kong Slowdown

Hong Kong’s political unrest has resulted in the first fall in annual profits at the Swatch Group since 2018. The world’s biggest watchmaking group, which owns brands like Omega and Longines, just announced its 2019 results, showing declines in both sales and profits. Net profit fell 13.7%, while sales declined 1.8% at constant exchange rates, or 2.7% at current rates, to 8.24 billion francs. The drops in profit and sales were primarily due to a drastic contraction of its business in Hong Kong – a city with a population of just 7.4 million – where Swatch Group owns over 90 retail stores, largely catering to shoppers from the China. Sales in Hong Kong for the second half of 2019 fell by 200 million francs. While Hong Kong was the key driver of the decline, it was not the only one. The luxury watch business in general is suffering from anaemic growth, which is also evidenced by the watch division results at diversified luxury groups like LVMH and Kering. On a more positive note, Swatch Group has managed to fulfil its stated aims of reducing operating expenditure and thinning inventory. Operating expenses dipped about 6%, while operating cash flow rose 30% in 2019. And after several consecutive years of growth, the group’s inventories declined by 1% in 2019, to a still-substantial 6.85 billion francs at cost. It’ll be a slow 2020… With Swatch Group predicting the situation in Hong Kong will continue to be “challenging” in 2020, it is in a weaker positio...

Grand Seiko Introduces the 60th Anniversary Limited Editions SJX Watches
Grand Seiko Introduces Jan 30, 2020

Grand Seiko Introduces the 60th Anniversary Limited Editions

Originally unveiled as a sub-brand of Seiko in 1960 dedicated entirely to high-precision wristwatches – and only sold in Japan for most of that time – Grand Seiko has now become an independent brand. This year is the 60th anniversary of its founding, and the occasion is being commemorated with a quartet of limited editions (with perhaps more to come later in the year), including two quartz watches powered by the 9F85, a new, top-of-the-line quartz movement. All of the anniversary editions feature a dial in dark blue, one of Grand Seiko’s signature colours, albeit executed in different materials or finishes, ranging from a stamped pattern to mother of pearl. All of the men’s models also have a red seconds hand, creating a red and blue aesthetic that’s uncommon for Grand Seiko. The flagship 60th anniversary watch is the Heritage Collection Hi-Beat 36000 Limited Edition (SBGH281), a variant of the 44GS “modern reinterpretation” that features broad, mirror-polished case flanks that are steeply sloped, a distinguishing characteristic of the 44GS case style. It’s powered by the 9S85, an automatic movement operated at 36,000 beats per hour, hence the “Hi-Beat” label.  Only 1,500 will be made. The Hi-Beat limited edition also features a gold “GS” logo on the dial The other mechanical model in the anniversary line-up is the Elegance Collection Women’s Automatic Limited Edition (STGK015), powered by the 9S27 automatic movement. Its dial is dark-blue mother...

“Watch & Act!” Auction Item - Lot 16: It’s a Rado Ashleigh Barty party and you’re invited Time+Tide
Rado Ashleigh Barty party Jan 30, 2020

“Watch & Act!” Auction Item - Lot 16: It’s a Rado Ashleigh Barty party and you’re invited

World women’s number one tennis player Ash Barty has collaborated with Rado to release a watch this year, bringing us the Rado HyperChrome Ashleigh Barty Limited Edition, a white-hot polished ceramic watch that matches perfectly with the uniform of Wimbledon, which was her first junior Grand Slam win – ahead of her career-defining Grand Slam … ContinuedThe post “Watch & Act!” Auction Item – Lot 16: It’s a Rado Ashleigh Barty party and you’re invited appeared first on Time+Tide Watches.

Van Cleef & Arpels Pierre Arpels: An Intertwined History - Reprise Quill & Pad
Cartier Jan 29, 2020

Van Cleef & Arpels Pierre Arpels: An Intertwined History - Reprise

Many of the great marques in the history of watchmaking were driven by prominent figures who ended up with a watch named after them. Such was the case for both Louis Cartier and Pierre Arpels. Both were born into jewelry and watch dynasties and both made prominent marks on the histories of their respective houses. How else are they intertwined? Martin Green explains here.

Interview: Benoît Mintiens, Founder of Ressence SJX Watches
Ressence Jan 28, 2020

Interview: Benoît Mintiens, Founder of Ressence

The left field of watchmaking has yielded many unusual and exotic time displays, but few have the same sense of function and purpose as Ressence. In fact, the essence of the brand is its name, which is short for the “Renaissance of the Essential”. Perhaps a key ingredient of the renaissance is the fact that its founder is not a watchmaker. Ressence was founded a decade ago by Benoît Mintiens, a Belgian industrial designer whose past work included trains, newsstands, and luggage. From the start, the identity of Ressence was crystal clear. The brand’s debut line of watches had dials that relied on a planetary gear mechanism to indicate the time (as well as a crown, which has since been removed from all its watches). Akin to a 21st century regulator-style display, it was an avant-garde way of displaying time, while still surprisingly intuitive. Benoit Mintiens Even more surprising was the longevity of the planetary time display, which has since spawned various iterations, often accompanied by novel innovations ranging from the oil-filled time display in the Type 3, to the more recent Type 2 that’s a mechanical watch that can set itself thanks to an electronic module. When Benoît visited Singapore in late 2019, I got a chance to explore his design philosophy, especially on how his background in industrial design helped inform his unique approach to watchmaking. He also delved into the subtleties of a Ressence wristwatch, and dropped a few hints about a new time ...

“Watch & Act!” Auction Item - Lot 15: A moon dance with Frederique Constant Classic Moonphase Manufacture Time+Tide
Frederique Constant Classic Moonphase Manufacture Jan 27, 2020

“Watch & Act!” Auction Item - Lot 15: A moon dance with Frederique Constant Classic Moonphase Manufacture

The Frederique Constant Classic Moonphase Manufacture Fratello Exclusive is produced in a limited run of 29 pieces, and are all individually numbered on the caseback. The 42mm 3 parts-case holds a convex sapphire crystal and clear caseback revealing the inner workings of the FC-712 caliber. The two counters of the moonphase and date are respectively … ContinuedThe post “Watch & Act!” Auction Item – Lot 15: A moon dance with Frederique Constant Classic Moonphase Manufacture appeared first on Time+Tide Watches.

“Watch & Act!” Auction Item - Lot 14: The striking Alpina Manufacture Flyback Chronograph Time+Tide
Alpina Manufacture Flyback Chronograph Jan 27, 2020

“Watch & Act!” Auction Item - Lot 14: The striking Alpina Manufacture Flyback Chronograph

With its striking appearance, the ‘Full Black’ Alpina 4 Manufacture Flyback Chronograph demonstrates an aggressive and distinctive personality. The model features an intense black PVD-coated case made out of stainless steel. The black dial with beige luminous pearl black applied indexes, matching the luminous beige hands, provides a stealthy, slightly vintage look. Note the ergonomically … ContinuedThe post “Watch & Act!” Auction Item – Lot 14: The striking Alpina Manufacture Flyback Chronograph appeared first on Time+Tide Watches.

Game, Set, Watch: Tennis aces and their timepieces Time+Tide
Jan 27, 2020

Game, Set, Watch: Tennis aces and their timepieces

The 2020 running of the Australian Open is well and truly into full … well, swing. And with the best tennis players in the world descending on Melbourne, we thought we’d take a look at watchmakers that have affiliations with the pro athletes because, after all, one of my favourite parts of the AO is … ContinuedThe post Game, Set, Watch: Tennis aces and their timepieces appeared first on Time+Tide Watches.

Weekend watch spotting with JR: the vintage edition Time+Tide
Jan 27, 2020

Weekend watch spotting with JR: the vintage edition

As is always the way on Australia Day weekends, I went to an endless succession of parties and barbecues. These shindigs are a great opportunity to go watch spotting and I was fortunate to stumble across a few exciting timepieces that had one thing in common - they were all vintage. So without further ado, … ContinuedThe post Weekend watch spotting with JR: the vintage edition appeared first on Time+Tide Watches.

“Watch & Act!” Auction Item - Lot 9: An Oris from the jazz man James Morrison Time+Tide
Oris from Jan 27, 2020

“Watch & Act!” Auction Item - Lot 9: An Oris from the jazz man James Morrison

This Oris jazz watch is an homage to the Australian jazz musician James Morrison. It features a gradient ‘dégradé’ blue dial and a caseback engraved with the Academy of Music logo, with contrasting Arabic numerals marking the hours. The golden seconds hand counterbalance is shaped like a trumpet hook, inspired by James’ favourite instrument. This … ContinuedThe post “Watch & Act!” Auction Item – Lot 9: An Oris from the jazz man James Morrison appeared first on Time+Tide Watches.

It’s hip to be square: the Bell & Ross BR 03-92 Diver video review Time+Tide
Bell & Ross BR 03-92 Diver video Jan 27, 2020

It’s hip to be square: the Bell & Ross BR 03-92 Diver video review

Editor’s note: It’s certainly refreshing to witness a timepiece that breaks the archetypal aesthetic tendencies of a fit-for-purpose dive watch. Thing is though, new and innovative divers don’t come around too often … most watchmakers tend to play it pretty safe when it comes to making an amphibious timekeeping device. However, Bell & Ross certainly … ContinuedThe post It’s hip to be square: the Bell & Ross BR 03-92 Diver video review appeared first on Time+Tide Watches.

Hands-On: Longines Heritage Military 1938 SJX Watches
Longines Heritage Military 1938 Longines Jan 26, 2020

Hands-On: Longines Heritage Military 1938

Longines has been cranking out vintage remakes at a furious pace over the last year, most notably the Heritage Classic “sector” dial and Heritage Classic Chronograph 1946. All of them share the appealing qualities of being well-priced and fairly authentic remakes. The latest to be released is the Heritage Military 1938, a remake of an oversized watch Longines produced in the 1930s, often for Eastern European markets. It’s as good as the other remakes in terms of value – Longines excel at making value-for-money watches – but falls a bit flat with the dial. The ref. 4092 The inspiration for the new remake is the ref. 4092, a wristwatch that is exceptionally large for its time, with its steel case measuring 43 mm in diameter. Such extra-large watches with military-style dials appear to have mostly been sold to Eastern Europe; Zipper, the Longines agent in Poland at the time is often named as the recipient in archive extracts. A vintage ref. 4092 from the Longines Museum (left) next to the Heritage Military 1938 The rarity and remarkable size of the ref. 4092, along with its appealing military-style dial, makes it a fairly valuable watch today. Even an example with a severely-aged dial sold for 23,750 Swiss francs at Phillips in 2017. So unlike other modern-day remakes that are enlarged versions of vintage originals, the Heritage Military 1938 is just right; it is exactly the same size as the original, but priced at just a tenth of the auction result. The remake Th...

RECOMMENDED READING: Why double-signed Rolex and Patek Philippe dials are so interesting Time+Tide
Patek Philippe dials are so interesting Jan 26, 2020

RECOMMENDED READING: Why double-signed Rolex and Patek Philippe dials are so interesting

Double-signed dials are the perfect example of how the details of a watch are sometimes the most interesting, revealing not just where a watch might have been sold, but opening up a window into the past to expose key relationships and macroeconomic trends that affected how the business of selling watches was done. Double-signed dials … ContinuedThe post RECOMMENDED READING: Why double-signed Rolex and Patek Philippe dials are so interesting appeared first on Time+Tide Watches.

My week with the Rolex Oyster Perpetual 39 Time+Tide
Rolex Oyster Perpetual 39 Since Jan 24, 2020

My week with the Rolex Oyster Perpetual 39

Since the Rolex lineup is peppered with all-stars, like the perennially popular Submariner, crowd favourite GMT-Master II and boy-racer Daytona, it would be easy to overlook the basic Oyster Perpetual as simply filler for the (nowadays usually empty) display case. After spending a week with the new-for-2018 white dial variant, I advise you not to … ContinuedThe post My week with the Rolex Oyster Perpetual 39 appeared first on Time+Tide Watches.