SJX Watches · Page 85

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Krayon May 26, 2020

In-Depth: Krayon Anywhere

Krayon made its debut in 2017 with the Everywhere, an incredibly complex wristwatch that was, in essence, a mechanical calculator for sunrise and sunset. Founded by movement constructor Rémi Maillat in 2013, Krayon has debuted the follow up to the Everywhere, the simpler, sleeker – and a lot more affordable – Anywhere. Like its bigger brother, the Anywhere displays the time of sunrise and sunset. But while the Everywhere allowed the wearer to input his location and time zone for the watch to show local sunrise and sunset times everywhere, the Anywhere displays sunrise and sunset times for a single, fixed location, albeit one that can be quite easily changed by a watchmaker. Despite while the complication has been streamlined, the movement has been upgraded in terms of finishing, which is now exceptional. The Anywhere in white gold Initial thoughts The Anywhere is surprising in person. Given the complexity of the movement, you’d expect a large watch with a fussy display. But the Anywhere is modestly sized – the thinness of the case stands out – giving it an elegant profile on the wrist. At the same time, the dial layout is simple and intuitive, making it easy to understand. And it is also easy to operate, with the calendar and time both set via the crown. And the calendar, in turn, controls the sunrise and sunset function, so the interface is straightforward. Turn it over and the movement is also surprising. While the movement in the Everywhere was a mechanica...

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Vacheron Constantin Overseas Self-Winding While May 26, 2020

Czapek Introduces the Antarctique Sports Watch

A marque revived via a crowdfunded effort in 2015, Czapek & Cie. has just announced its first sports watch, the Antarctique. The popularity of luxury-sports watches in steel makes that unsurprising, but the Antarctique is powered by a newly-developed, automatic movement with an interesting construction. Initial thoughts Doubtlessly conceived to cater to the current fad for luxury-sports watches in steel, the Antarctique is unsurprising in terms of design. While the overall look is reminiscent of a variety of watches, most notably the earlier-generation Girard-Perregaux Laureato, it manages to be different enough, in particularly with the C-shaped links. But more important and interesting is the movement inside, the SXH5. It was conceived by a team that includes prominent constructors like Emmanuel Bouchet, an independent watchmaker who is probably best known for the Harry Winston Opus 12, as well as Daniel Martinez, an independent constructor who worked at Sellita, MCT, and Greubel Forsey in the past. The SXH5 A large movement with high-quality features, the SXH5 has an interesting aesthetic that’s slightly inspired by vintage pocket watch movements but is clearly modern. And going by the photos, it also appears to be well finished. But the Antarctique is expensive – its price tag of US$18,900 is almost exactly the same as that of the Vacheron Constantin Overseas Self-Winding. While the Antarctique probably has a more compelling and unusual movement, the Czapek brand ...

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Nomos Introduces May 25, 2020

Nomos Introduces the Tangente 38 Amsterdam Edition

To mark its 45th Anniversary, Ace Jewelers has once again turned to Nomos, resulting in the Tangente 38 Amsterdam Edition. It’s the third watch in the retailer’s Amsterdam series of limited editions, but the first based on Nomos’ signature Tangente, which was given a few Amsterdam-inspired tweaks in tribute to the retailer’s hometown. Initial thoughts Like Ace Jewelers’ earlier Nomos editions – the Club Campus Amsterdam and Zürich Weltzeit Amsterdam – the new Tangente features an attractive black, white and red colour scheme based on the Dutch capital’s coat of arms. The splash of red inject a playful character to what is ordinarily a monochromatic watch. All the Amsterdam-specific details add up for a coherent and handsome design, even as a stand-alone Tangente independent of its inspiration. And it costs exactly the same as standard edition, making it a no-brainer if you like the stark colours. The Amsterdam editions: Zürich Weltzeit (left), Tangente 38 (middle) and Club Campus (right) Amsterdam-inspired The strong use of black, white and red is nod to the Amsterdam coat of arms. Though the dial is high contrast, the reference to the Dutch city is subtle. The dial is stark, in matte-black with silvered minutes track, hands and indices as well as accents of bright red in the seconds hand and the triply Saint Andrew’s crosses at six o’clock. The central element of the Amsterdam coat of arms, the trio of Saint Andrew’s crosses is also engraved on...

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F.P. Journe tourbillon Akrivia Chronometre Contemporain May 25, 2020

Eight Collectors of Independent Watchmaking to Follow on Instagram

While the vast majority of watch content on Instagram is predictable and repetitive – hello Nautilus with baguette gemstone bezel and Submariner “Hulk” –  there are a couple of collectors with interesting watches who share their collections on the picture-sharing app. The most interesting for me are the independent-watchmaking enthusiasts. Most own watches that well known and regarded as landmarks in the genre – Philippe Dufour Simplicity, F.P. Journe tourbillon, Akrivia Chronometre Contemporain, and the like – but many also have watches further off the beaten track, like Keaton Myrick’s 1 in 30 or the Bexei grande sonnerie. Here are a few independent-watchmaking collectors who are worth a follow. @igwatchlover – A collector based on Southeast Asia, Igwatchlover features his own watches, as well as occasionally watches owned by his friends – who are also accomplished collectors. Amongst the watches that can be found on his account is the unique and elaborate Voutilainen Starry Night Vine, and the Vox Vinum grande sonnerie by Aaron Becsei, and the one-off, regulator-dial minute repeater by Voutilainen. And he also features a good number of notable complicated watches from the 1990s, which are overlooked today but often just as interesting as the latest creations. @horoptimist – A longtime collector who only started his Instagram account recently, Horoptimist is based in Asia but has managed to visit several independent watchmakers in their home count...

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Cartier Introduces May 22, 2020

Cartier Introduces a Pair of Grand Complications (and a Mystery)

Since its debut in 2008, the Cartier Fine Watchmaking (FWM) collection has been the jeweller-watchmaker’s flagship range of timepieces, incorporating highly complicated movements into watches designed in traditional Cartier style, albeit in very large cases. This year’s Fine Watchmaking line-up is made up of four watches – led by the uber-complex Grand Complication Skeleton – all presented in the round Rotonde de Cartier case. Initial thoughts I have held the Cartier FWM collection in high regard – it is testimony to the brand’s haute horlogerie prowess, which most tend to underestimate or are unaware of. So it was a bit disappointing to see FWM recede slightly starting in 2018 as Cartier focused instead on its historical, time-only watches – such as this year’s Tank Asymétrique – which have been resurrected as the Cartier Privé collection. The debut of this quartet of watches is a pleasing return to form for FWM, though it should be pointed out none of the are entirely new in terms of movements. The “mystery” complication of Cartier has been found in several FWM models in the past, but it never fails to astound. The mystery hours, for instance, are simple, time-only watches but have a great deal of visual allure. And the Rotonde de Cartier Grande Complication Skeleton revives one of the most complicated movements ever developed by Cartier, while being visually stimulating with its open-worked dial that exposes the intricate and complex move...

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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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Breguet inspired aesthetic May 21, 2020

J.N. Shapiro Introduces the Infinity Series P.01 Guilloche Meteorite

An educator turned guilloche specialist, Joshua Shapiro launched his namesake brand, J.N. Shapiro, in 2018 with the Infinity Series. a classically-styled wristwatch with a hand-made guilloche dial featuring a nested engine-turned pattern of his own invention. His latest creation is the Infinity Series P.01, a collaboration with Collective, an American watch-collector club. Though it looks similar to the standard Infinity Series at first glance, the P.01 most definitely isn’t. While it does have a guilloche dial, the dial material is not the usual silver and gold, but meteorite – a first in watchmaking. Initial thoughts Two things stand set the P.01 apart from Mr Shapiro’s work so far. The first is tangibly impressive – an engine-turned meteorite dial, a significant accomplishment in terms of craft and skill. The result is a striking surface that overlays the natural and random Widmanstätten pattern of the meteorite with Mr Shapiro’s sharply-executed engine turning, which sounds confusing but appears to be a pleasing mix of order and chaos. But perhaps more important for J.N. Shapiro as a brand is the brand-new serif typeface for the Arabic hour numerals. Designed with the help of an artist, the numerals give the watch a style that’s distinct – and more 20th century contemporary – compared to the typical J.N. Shapiro watch that features Roman numerals and a Breguet-inspired aesthetic. And the P.01 starts at US$21,500 in steel, which is not that much mor...

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Zenith Introduces May 21, 2020

Zenith Introduces the Chronomaster Revival “Manufacture Edition”

Zenith marked the 50th Anniversary of the El Primero last year with several historical remakes, including the editions for Phillips auctioneers as well as the El Primero A386 Revival, a set of watches that were a near-exact reproduction of the original. Now Zenith has debuted the final A386 remake – in steel like the original – with the Chronomaster Revival “Manufacture Edition” that’s equipped with a dial inspired by a long-forgotten prototype. Initial thoughts The Manufacture Edition is good-looking watch but a crucial factor in its appeal is the material – and price. Last year’s A386 Revival trio was only in 18k gold – one each in white, pink, and yellow gold. The Manufacture Edition is in steel, making it the most affordable A386 yet. Handsome and striking with a well-proportioned case and dial, the watch is very much a typical El Primero A386. The star of the new remake is unquestionably the dial. Employing the same tri-colour palette that’s the A386 trademark, this replaces the traditional tri-colour with different shades of the same blue, ranging from a bright azure blue to a dark midnight navy. For someone who loves the colour, this is appealing. The juxtaposition of the blue registers against the white dial promotes a stark and legible look. And it’s also worth noting the watch is not a limited edition – a wise move to avoid having unlimited limited editions – though distribution will be limited to Zenith’s e-commerce store and the ...

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Panerai until May 21, 2020

Omega Introduces Seamaster Planet Ocean 36th America’s Cup

The world’s most prestigious yacht race, the America’s Cup has been sponsored by a variety of watch brands, which was Panerai until the last instalment – and to confuse things even more, the competing teams each have their own watch sponsors. Having been a backer of defending champion Team New Zealand for the last two decades, Omega now back to being a sponsor of the entire event as official timekeeper for 36th America’s Cup that’ll take place in 2021 off the coast of Auckland in New Zealand. Since the last time Omega was the official race timekeeper was in 2003, the brand is marking the occasion with the Seamaster Planet Ocean 36th America’s Cup, no doubt the first of several editions for the event. Initial thoughts With event-specific limited editions being an Omega favourite, this isn’t going to be the only America’s Cup edition. At the same time, the red-white-and-blue livery has been used on other watches. In short, the Planet Ocean America’s Cup isn’t going to be a particularly unique edition. But the watch itself is a strong proposition. Omega watches usually offer good value for money, combining high-tech mechanical watchmaking and high-end materials, which is the case for the Planet Ocean line at large. Though the America’s Cup model is a limited edition, it costs only about 10% over the standard model. So if you want a Planet Ocean but want something a bit more special than the stock offering, this is a good choice. A high-spec instrument...

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Breitling Introduces May 20, 2020

Breitling Introduces the Superocean Heritage ’57 “Rainbow” – Again

Just in April this year, Breitling unveiled the Breitling Superocean Heritage ’57 Rainbow, a limited edition of just 250 pieces that it sold out within a few hours according to Breitling chief executive Georges Kern. With the presses for the 250 barely cool, Breitling has announced another rainbow-theme diver, the Superocean Heritage ’57 Limited Edition II. This time, the limited edition is 1,000 pieces – but with a charitable twist: 500,000 Swiss francs from the sale of the new edition will go to charities that support healthcare workers. The bulk of the sum has already been donated, split evenly amongst six charities in six countries that are amongst the hardest hit by the COVID-19 pandemic. Initial thoughts Issuing an almost-identical edition after the initial home run is not cool. It feels a bit too blatant. That said, it is substantially redeemed by the generous donation, which is equivalent to about 10% of gross revenue from the new “Rainbow II”. It is encouraging to see watchmakers leverage on their brand equity to aid relief efforts. As for the watch itself, the Rainbow II is actually a better looking watch. While the first edition had had a black dial and bezel, the new edition employs a blue dial and bezel that I find to be even more striking. The primary attraction is of course the rainbow-graduated hour markers that inject a playful element into what’s otherwise a serious-looking retro dive watch. While the rainbow markers may be divisive – I lo...

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De Bethune DB12 chronograph May 19, 2020

Highlights: Phillips ‘Refresh:Reload’ Online-Only Auction

Phillips’ first-ever online watch auction, Refresh:Reload is a cross-category affair, encompassing watches, jewellery, and contemporary art. The week-long sale includes over 50 watches, ranging from the usual suspects like Royal Oak, Nautilus, and Submariner, but also a selection of more interesting, unconventional watches, like a De Bethune DB12 chronograph with oversized date and month, and an extra-thin, skeletonised Seiko Credor. Here are a couple of highlights from the sale, which is online from now till 6 pm (GMT+8) on May 28. The entire catalogue is available here. Lot 5 – Bronze Hourglass by Daniel Arsham One of the earliest lots in the auction is a sculpture with a horological element. The Bronze Hourglass was an edition of 100 examples commissioned by watch retailer The Hour Glass to mark its 40th anniversary in 2019. It’s the work of Daniel Arsham, one of today’s hottest contemporary artists. Mr Arsham is best known for his “eroded” works, objects made to appear heavily aged. Some of his work sits the crossroads between art and luxury goods – he’s applied his unique aesthetic to Rimowa luggage, Dior bags, and also a Porsche 911. The Bronze Hourglass has an estimate of HK$35,000-45,000, or about US$4,500-6,000. Lot 92 – Seiko Credor 40th Anniversary Signo Cherry Blossoms A limited edition made to mark the 40th anniversary of Seiko’s Credor collection, the Signo Cherry Blossoms encapsulates the key specialties of mechanical watchmaking at S...

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Seiko Introduces May 19, 2020

Seiko Introduces the Prospex Street Series “Urban Safari”

Released in 2018, the Seiko Prospex Street Series is essentially a modern twist on the iconic Seiko “Tuna” dive watch, retaining the signature case design of the “Tuna”, but with the addition of more colours as well as affordable pricing. With colours inspired by an African safari, the new Prospex Street Series “Urban Safari” is a four-strong collection made up of two basic models, each inspired by famous historical models with nicknames – the automatic “Tuna” and analogue-digital “Arnie” . Initial thoughts Strong, monochromatic colours give the watches an eye-catching and sporty look. Add to that the matching silicone straps and the result is something that goes well with streetwear, fulfilling the purpose of the collection. The khaki versions are very much safari in theme, but the others are more reminiscent of the concrete jungle. But regardless of model, the fundamentals of the watch are very much Seiko’s strength – casual, sporty design and very accessible pricing. “Tuna” and “Arnie” Historically a feature found on Seiko’s top-of-the-line dive watches, the shrouded case features prominently in Seiko’s current line-up collection, with the most recent addition being the historical remake of the ref. 6159-7010 of 1975 that’s part of the Diver’s Watch 55th Anniversary Trilogy. The “Tuna” inspiration of the Urban Safari is immediately evident from the protective shroud around the case, giving the watch a resemblance to a t...

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Panerai which make up about May 19, 2020

Business News: Richemont Fortifies Balance Sheet with €2 Billion Bond Sale

Having just announced its full-year results while predicting a gloomy outlook for the business, Richemont has successful placed €2 billion of bonds, with coupon ranging from 0.75% for the 8-year note to 1.625% for the 20-year note. The bond placement boosts the Swiss luxury group’s robust balance sheet, which had a gross cash position of €6.34 billion and a net cash position of €2.40 billion at the end of March 31, 2020. The notes received an A+ rating from credit ratings agency S&P;, which also lowered its outlook for Richemont from stable to negative, “citing the possibility of a downgrade if the coronavirus pandemic causes the company’s credit metrics to worsen”. Widely regarded as a savvy investor who transformed his family’s tobaccco-and-banking empire into an even larger one focused the “hard” luxury of watches and jewellery, Mr Rupert’s belief in the severity of the pandemic-induced recession is obvious. That, in turn, does not bode well for the luxury watch business. Richemont’s biggest earner is Cartier – the jewellery division is half the group’s turnover – it also owns a host of luxury watch brands, including A. Lange & Söhne, IWC, and Panerai, which make up about 20% of its sales. During Richemont’s earning conference call on May 15, Mr Rupert explained the bond issue: “We have always believed in protecting our balance sheet… For years, a lot of investment banks questioned us about that it’s a lazy balance sheet. But h...

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Casio n May 19, 2020

A Tribute to Peter Baumberger of Urban Jürgensen & Sønner

Peter Baumberger (Koppingen, 1939 – Biel, 2010) Ten years ago, Peter Baumberger died in Biel. On the occasion of this anniversary, I would like to pay a brief tribute to the one who was a dear friend and an extraordinary character – pictured above with his favourite oval tourbillon pocket watch and wearing a Ref. 3 wristwatch – whose ideas and personality marked the Swiss watch industry after the Quartz Crisis. I first met Peter in November 1975, during a sale organised by Peter Ineichen auctioneers in Zürich. He was with the famous Derek Pratt. At that time, Peter was one of the world’s leading dealers in antique watches. His charming and authentic nature immediately fascinated me – this is how our friendship started, a friendship that lasted until the end of his life. The name of Peter Baumberger will remain forever in Swiss watchmaking history thanks to his rescue and his revival of the historic brand Urban Jürgensen at Le Locle, which he acquired in the late 1970s. Undeniably, Peter played a pioneering role in the renaissance of the high-quality Swiss mechanical watch, long before others. As a trained watchmaker, he combined cutting-edge technical skills with a very distinct aesthetic sensitivity, as well as with an intimate knowledge of the works of the old masters; the remarkable confluence of these aspects is therefore the basis of his creative work. Peter put all his strength and his spirit at the disposal of Urban Jürgensen to give a new spark to the...

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Louis Erard Introduces May 18, 2020

Louis Erard Introduces the Excellence Regulator with Smoked Dials

Regulators are all about their characteristic dial where the hour, minute and seconds hands are each located on separate axes – with the minute hand being the largest and longest – a layout originally designed for maximum legibility on clock faces in the mid-18th century. The Louis Erard Excellence Regulator revisits this classical design, but now with a fashionable smoked dial – and an eminently affordable price tag. Initial thoughts Regulator watches are simple, but are not common at this price point – the Excellence Regulator costs just 2490 Swiss francs, or about US$2600. Louis Erard, however, has made something of a specialty of affordable regulator watches, most notably with the whimsical Alain Silberstein Regulator launched last year that was styled by the eponymous watch designer for Louis Erard. The value proposition is good, though the dials are definitely reminiscent the fumé dials of H. Moser & Cie, which didn’t invent such graduated-colour dials, but have made them almost synonymous with the brand. Based on the photos, the graduated finish of the Excellence Regulator dials are not quite as not as complex or refined as that on Moser’s watches – understandable and acceptable given the substantively lower price. Smoked dials While the regulator layout is unusual, the smoked dials are the highlight. Offered in vibrant and saturated hues of grey, blue or green, the colour gradually tapers off in intensity, turning almost black towards the edges...

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Patek Philippe watches from May 18, 2020

Phillips to Offer F.P. Journe Souscription Tourbillon and Resonance

Postponed from its usual mid-May date to end-June, Phillips’ spring watch auction is Geneva is nonetheless the full works, with 214 lots on offer, including the four spectacular Patek Philippe watches from the collection of Jean-Claude Biver, including a ref. 1518 “pink on pink” and a second-series ref. 2499. Also amongst the offerings at the Geneva Watch Auction XI are two important examples of contemporary watchmaking – a pair of F.P. Journe souscription watches consigned by the original owner – Lorenz Bäumer. A jeweller whose workshop is on the storied Place Vendome in Paris, Mr Bäumer is perhaps best known for crafted the tiara worn by Charlene Wittstock when the former Olympic swimmer wed Prince Albert II of Monaco in 2011. But Mr Bäumer is also a watch aficionado who met François-Paul Journe via a mutual friend. Mr Journe had then decided to launch his own brand by taking inspiration from Abraham-Louis Breguet, who had offered clients the opportunity to purchase a newly-developed, fairly-affordable watch by first putting down a deposit – thus “subscribing” to the offer. The jeweller became a “subscriber” and paid the down payment for a Tourbillon Remontoir d’Egalite “Souscription”, subsequently receiving the watch numbered “14/20” on the dial. A year later, Mr Bäumer was approached once again to “subscribe” for the new Chronomètre à Resonance “Souscription”. He took up the offer, and again got the watch number “14”....

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Audemars Piguet Introduces May 18, 2020

Audemars Piguet Introduces the Royal Oak Selfwinding 34 mm

The new quartet of Royal Oak models marks a first for Audemars Piguet – the Royal Oak Selfwinding 34 mm combines a 34 mm case with an automatic calibre supplied by movement specialist Vaucher. An addition to the line that is not meant to replace any existing model, the new 34 mm watch is now the smallest mechanical Royal Oak for ladies, with the smallest, 33 mm model being quartz, and the next-largest automatic having a 37 mm case. Initial thoughts The new watch fills a gap in the diverse Royal Oak line-up – a watch compact enough for ladies but with a mechanical movement. While the new 34 mm model is not explicitly described as a women’s watch, it is in all but name, as Audemars Piguet already has a 37 mm model as the medium-sized men’s Royal Oak. That said, the proportions of the 34 mm case remind me of the Royal Oak ref. 4100 of the 1970s and 1980s, which was then a large-sized men’s watch and 36 mm in diameter, not too much larger than the new model. By that benchmark, the new 34 mm model should not be a ladies’ watch per se, and could appeal to men who prefer a smaller case size. But for the broader market, it is a ladies’ watch, and I can see its appeal. Importantly, it has a mechanical movement – long absent for the ladies’ Royal Oak – and the versions with the diamond-set bezels offer a bit of bling to go along with the iconic design. So it should attract a new female customer who has always wanted a Royal Oak, but was savvy enough to wait fo...

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May 17, 2020

In-Depth: The Life Behind the Deadbeat Seconds

Watchmaking combines technical achievement and aesthetic expression, and sometimes the two are inextricably linked. In a handful of instances, the technical achievement transforms the artistic value, as in the jumping seconds. The complication is perhaps the most abrupt expression of time. Is there any value in having a mechanical jumping seconds? In exploring that, we first have to understand how the seconds as a unit of time came to be. Time in antiquity In today’s world where no one bats an eyelid when a satellite is sent into orbit, time and space are perceived to be intimately linked as one. Before Einstein hit upon the theory of relativity, the link between space and time was nebulous, but the definition of time was well established. For the ancient Egyptians, daytime was based on the apparent movement of the Sun, and the night sky was segmented into smaller divisions based on the position and motion of stars. Over the subsequent millennia, the Sumerians and Babylonians further refined the time measurement to better account for stellar motion. The Babylonians, inspired by the Egyptians, approximated the movement of the Sun’s apparent revolution into 360 divisions, due to the number of days required for the Sun to trace its path on the ecliptic and their predilection for a base-60 (or sexagesimal) system. This is also the origin of 360 degrees required for a complete revolution, which was explained by Malcolm Correll in the volume 15 of scientific journal The Phy...

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Panerai enjoyed “good sales performance” May 15, 2020

Business News: Richemont Pessimistic After Weak Results

Richemont’s fourth quarter was one of the victims of the COVID-19 pandemic, pulling down its results for the full year to end-March 2020. Even though the full year’s tally was not down substantially, Richemont chairman Johann Rupert was gloomy in his prediction for the coming year. China, the first country to recover from the pandemic, has “apparently returned to ‘business as usual’ remarkably quickly” and Richemont stores there are enjoying now “strong demand”. But because everywhere else is only partway through the crisis, the plain-speaking South African tycoon raised the possibility of “12, 24 or 36 months of grave economic consequences”, while halving the annual dividend to €1 a share to conserve cash. Johann Rupert. Photo – Richemont The Swiss luxury conglomerate, which owns brands like Cartier, IWC, and Panerai, enjoyed “good sales performance” until the fourth quarter, with its jewellery brands and online retail performing better than other divisions, including watchmaking, which has lagged for several quarters. At actual exchange rates, annual sales eked out a 2% rise to €14.2 billion, with most regions growing slightly, save for a 5% decline in Asia Pacific. Net profit fell 34%, excluding a one-off, non-cash gain due to a share revaluation the year prior. The declines were largely due to the fourth quarter, where Richemont took a massive hit. In the last quarter, sales fell by 18% globally, with Hong Kong crashing 67%. The group end...

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Grand Seiko Thin Dress Series Earlier May 15, 2020

In-Depth: Inspiration and Creation of the Grand Seiko Thin Dress Series

Earlier this year, I paid a visit to Seiko’s headquarters in Ginza, Tokyo. I was there for two reasons. One was to present my Ideal Watch Size Survey to their design, product and development teams. The other was to find out more about a particular Grand Seiko I had recently purchased, the SBGZ001. Launched in 2019 to celebrate the Spring Drive’s 20th Anniversary, the SBGZ001 is an extraordinarily finished version of the Grand Seiko Thin Dress Series from the Elegance collection. What started as a few questions from a collector ended up being a dive into how a significant new line of watches at Grand Seiko was born. In the interest of full disclosure: The Armoury, which I own, has been a retailer of Grand Seiko in Hong Kong for about six years now. I have been collecting Grand Seiko for about nine years. Neither the SBGZ001 nor the SBGY003 detailed in this article are available for sale at the store. But they are special so I wanted to delve further into their creation. The Credor Eichi I, 2013 First some background. Back in 2013, I bought a Credor Eichi I, a well-known watch in certain circles for its exceptional finishing. It was made in the Micro Artist Studio (MAS), a division within the Seiko-Epson Shiojiri plant where all the cutting-edge high horology – namely Spring Drive movements – is designed and made. That includes things like the Credor Minute Repeater, the Grand Seiko 8 Day Power Reserve and the Credor Eichi II. I toured the facility in 2014 and visite...

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Parmigiani Fleurier Introduces May 14, 2020

Parmigiani Fleurier Introduces the Toric Tourbillon Red Gold Slate

The very first case designed by Michel Parmigiani when he founded his eponymous brand, the elegant Toric is now primarily used for haute horlogerie watches. The latest to join the line up is the Toric Tourbillon Red Gold Slate, an extra-thin wristwatch with a flying tourbillon. Initial thoughts Though Parmigiani has tried its hand at contemporary case designs, its true strength is still classical style that references Breguet and other past century greats that Mr Parmigiani is familiar with thanks to his background in watch restoration. So it is with the Toric Tourbillon. Despite being relatively simple in style, the watch is immediately recognisable as a Parmigiani. It has a strongly balanced aesthetic between the guilloché dial, knurled bezel and flying tourbillon. But the prominent “Tourbillon 60 Secondes” label on the dial detracts from the clean style of the dial. Also, the 42.8mm case, though slim, might be a point of contention as it is on the large side for a slightly formal watch. Styling aside, Parmigiani quality is impeccable, for both the internal and external components. In that respect, there’s little to criticise. Toric tradition The very first watch designed by Mr Parmigiani when he launched his brand in 1996 was the Toric Memory Time, a slim, dual time zone watch. Though slightly tweaked, the current Toric case sticks closely to the design of the original, particularly with the prominent knurled bezel that is decorated by a hand-operated machine...

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Vacheron Constantin Introduces Patrimony Moon Phase May 13, 2020

Vacheron Constantin Introduces Patrimony Moon Phase Retrograde Date ‘Collection Excellence Platine’

Launched in 2006, Collection Excellence Platine (CEP) means a watch from the standard collection that’s been dosed with platinum to create a limited edition. Vacheron Constantin applies the CEP treatment to a model every one or two years, which means even after 14 years, there’s only been a dozen or so CEP editions. The Patrimony Moon Phase Retrograde Date Collection Excellence Platine is the latest to join the exclusive club. As is tradition, platinum is employed for nearly every element of the watch: the case, crown, dial, buckle, and the tiny moon phase disc. Even the stitching in the blue alligator strap is made of thread woven from silk and platinum wire. Initial thoughts Ironically, although the CEP edition is the most expensive version of the Patrimony Moon Phase Retrograde Date – ordinarily available only with a gold case – it is the most restrained. The new watch has a strongly monochromatic yet harmonious appearance. That, combined with the liberal use of platinum, make it the most contemporary of the variants, while retaining the same traditional and endearing design. In the typical style of CEP, the watch is simple in style and colour, but has details that make it interesting. Even though almost all the external components of the watch are made of the same material, different surface treatments create texture and depth, giving it visual appeal. For example, the smooth, sandblasted surface of the dial and the more granular moon phase disc bearing a m...

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F.P. Journe Introduces May 12, 2020

F.P. Journe Introduces the Quantième Perpétuel with Gold Numerals

Introduced in 2013, the original Quantième Perpétuel was a concise perpetual calendar with useful features, as well as a peculiar, egg-shaped steel ring around the centre of the dial. Now the design has been refined – but all functionality retained – to create the new F.P. Journe Quantième Perpétuel with gold numerals. And though this was officially announced only recently, the watch has already been available at boutiques for several months. Initial thoughts Compared to the earlier F.P. Journe calendar watches, the Quantième Perpétuel was a big improvement with its highly legible display and improved user friendliness. But the first generation dial was odd because of the steel ring around the centre. That’s been changed with the new model, and the improvement is substantial. The new dial appeals because it doesn’t try too hard to be different. Instead, it differentiates itself in more subtle ways. And the boutique-only blue-dial version is unusual, which is a plus if you’re looking for something different. F.P. Journe has rarely used matte, dark blue dials on standard-production watches; historically only limited editions and custom watches had such dials. Silver and gold Borrowing the clous de Paris engine-turned centre from the Chronometre Souverain, the dial is made of solid silver, while the applied numerals and calendar window frames are solid gold. The addition of gold frames for the calendar do make the positions of the windows more obvious, whic...

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Seiko movement that’ll do what May 11, 2020

Gyre Introduces the SeaCleaner

Gyre Watch is a watch brand that offers an affordable, fun dive watch that supports a good cause. Founded by Dutch watch journalist Bernard Werk, the brand is making its debut with the Gyre SeaCleaner. An affordable, no-nonsense sports watch with a solar-powered movement, the SeaCleaner has a case and strap made from recycled ocean waste – with part of the proceeds from its sale going to an ocean cleanup charity. Initial thoughts Bold in its contrasting-colour scheme, the SeaCleaner has brightly-coloured accents in green, blue or black, and a large, 42 mm cushion case that’s reminiscent of 1970s dive watches, giving it a retro vibe. Inside is a robust Seiko movement that’ll do what it’s supposed to do. In short, the SeaCleaner is tried-and-tested look that works well for a sports watch and it costs only about US$200. Environmentally supportive Gyre will donate 5% of sales to The Ocean Cleanup – a Dutch NGO that is working to remove plastic waste from the oceans. And with both the straps and cases made of recycled material, the watches themselves will contribute to the cleanup. The black plastic cases are made from recycled fishing nets, which are mostly made of plastic. Collected by fishermen around the Indian Ocean – Gyre pays the fishermen for the nets – the discarded nets are cleaned and turned into plastic pellets that are then moulded into the cases. Unlike many all-black watch cases that are done that way for aesthetic effect, the composite derive...

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Jaeger-LeCoultre Introduces May 10, 2020

Jaeger-LeCoultre Introduces the Reverso One Red Wine

The most affordable watch of any kind offered by Jaeger-LeCoultre, the Reverso One is an elegant watch for ladies with a modest amount of diamonds and a quartz movement. Originally available only with a silver dial, the new Reverso One Red Wine adds a more lively colour to the range of options. Initial thoughts While the quartz movement won’t appeal to a watch aficionado, it makes sense for someone who wants a good-looking, classic design without the hassle of a mechanical movement. Seen from that perspective – especially when combined with the affordable price – the Reverso One is a fuss-free, sensible buy. Red guilloche The launch version of the Reverso One was plain, with an ordinary silver dial dial. The Red Wine livens things up, and does it with more detail than would be expected on an entry-level quartz watch. The dial has a stamped sun-ray guilloche motif that’s covered in translucent red lacquer, creating the rich finish. As with many Reverso models, the flip side of the case is polished and left empty for personalisation. The options for personalisation includes a set of initials that Jaeger-LeCoultre can engrave for a small fee. And the steel case is set with 27 diamonds for a bit of sparkle. Key Facts and Price Jaeger-LeCoultre Reverso One Red Wine Ref. Q3288560 Diameter: 40 mm by 20 mm Height: 7.9 mm Material: Stainless steel Water resistance: 30 m Movement: Cal. 657 Functions: Hours and minutes Frequency: Quartz Strap: Alligator strap Availability...

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Zenith Introduces May 10, 2020

Zenith Introduces the Chronomaster Revival “Shadow”

Unlike last year’s El Primero A384 Revival that was a one-for-one remake of the vintage original, the latest A384-based watch is a modern creation inspired by a vintage prototype. The Chronomaster Revival “Shadow” takes it monochromatic colours from a 1970 prototype that had a large, 41 mm case in black-coated steel. It had an entirely look and feel, but the black-and-white colour have been applied to the Shadow with striking effect. Initial thoughts The Shadow adopts a look often found in sports watch, but it’s an effective, functional look. And Zenith was smart with the details, streamlining the dial for a clean, stark look. The outer seconds track and date, for instance, have both been done away with, and the tachymetric scale has been simplified. That does affect functionality – elapsed seconds can’t be measured – but it’s an attractive look. And the micro-blasted case finish is relatively delicate, since even the tiniest nick or scratch will stand out against the matte, grained surface, but it’s a perfect fit for the design. Overall the Shadow is a good alternative for someone who likes the A385 case shape, but wants a clean, modern style instead of a faithful vintage remake. Vintage inspiration The Shadow is a blend of modern and vintage elements. The 37 mm case is identical in size and form as the A385, but unlike the A385 case that is in steel, this is in micro-blasted titanium. It’s same material used for the case of the Defy 21 Land Rover. Cre...

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TAG Heuer Introduces May 9, 2020

TAG Heuer Introduces the Monaco Grand Prix de Monaco Historique

Having been appointed official timekeeper of the Grand Prix de Monaco Historique just before it was cancelled due to the COVID-19 pandemic, TAG Heuer has nonetheless unveiled the watch created for the event – the Monaco Grand Prix de Monaco Historique Limited Edition. Initial thoughts TAG Heuer has a bewildering array of Monaco models in its line up, several of which look identical but are actually powered by different movements. It’s difficult to distinguish between them, making them individually less interesting. Set against that, the new Monaco is a standout watch with a two-tone, red-and-silver dial. The dial is essentially a circle within a square, and its subsidiary seconds at six has been made to blend into the dial, creating a strong, concise symmetry. Importantly, it is powered by the in-house and thoroughly competent Calibre Heuer 02 movement, rather than the ETA 2892-based Calibre 12 found in other Monaco models. Red and white Organised by the Automobile Club de Monaco (ACM), Grand Prix de Monaco Historique is an annual racing event that traditionally takes place before the Formula One Grand Prix. Only vintage Grand Prix cars, typically dating from the 1930s to the 1970s, take part in the event. The common red-and-white livery common on historical race cars inspired the dial of the new Monaco, which also happens to be in the colours of the Monegasque coat of arms. And the dial also includes a discreet Grand Prix de Monaco Historique logo in between one an...

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IWC Da Vinci Tourbillon Four May 8, 2020

Up Close: IWC Da Vinci Tourbillon Four Seasons

The two decades or so after the end of the Quartz Crisis was a fruitful one for the mechanical watch industry as it revived itself. IWC was one of the stars of that revival, a highly technical yet niche brand that appealed to true watch nerds. Everything it did then became the foundations for its modern day success – literally, with the brand still relying on the complications invented then. One of the most interesting, yet little-known IWC watches from that era is the Da Vinci Tourbillon Four Seasons. A limited edition of 20 watches that debuted in 1999, the Four Seasons (or Quattro Stagioni as it was known at the launch) has a hand-engraved, solid-gold dial – the Da Vinci Tourbillon represents the only instance IWC has bestowed such elaborate dials on its watches. A year after the launch of the Four Seasons, IWC was acquired by Swiss luxury group Richemont, making it perhaps the major complication the brand unveiled before the change of ownership. Intriguingly, the combination of an engraved dial and complicated movement, as well as the style of engraving, brings to mind some of the Handwerkskunst watches by A. Lange & Söhne, then as now, a sister company of IWC. But perhaps more important is the movement, which is the only hand-wound calibre in this generation of Da Vinci. Not only is the manual-wind calibre better looking – by a massive margin – but the movement is descended from the Il Destriero Scafusia, the grand complication made for the brand’s 125th ...

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Girard-Perregaux GP May 8, 2020

Recommended Watching: The Macaluso Collection of “Golden Age” Rally Cars

A legendary figure in the watch industry of the 1990s and early 2000s, Luigi “Gino” Macaluso was the owner of Sowind Group, the holding company for Girard-Perregaux (GP) and Daniel Jean Richard. Having started as the Italian distributor for several watch brands, he acquired GP in 1989 and turned it into one of the watchmaking stars of the next two decades, particularly with its haute horlogerie offerings and Ferrari timepieces. But he was long a racing driver at heart, having won several trophies as a driver for the Fiat Abarth team in the 1970s, including the 1972 European Rally Championship. Even as successful entrepreneur Macaluso continued his involvement in motor racing, including as Italy’s representative to the FIA World Council starting in 2005. The Ferrari F40 of the Macaluso collection. Photo – Fondazione Gino Macaluso Macaluso channelled part of the fortune he made in watchmaking into building a car collection, with a focus on rally cars, including prize-winning examples of the Lancia 037, Lancia LC1, and Fiat X1/9. Now the collection has become Fondazione Gino Macaluso per l’Auto Storica (which translates as “Gino Macaluso Foundation for Historic Cars”), located near Macaluso’s hometown of Turin. Last year, Goodwood Road & Racing, the magazine affiliated with the classic car race of the same name, was taken through the collection highlights by Gino’s son, Stefano Macaluso, who was once a designer at Girard-Perregaux. Like his father, Ste...

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Patek Philippe Chanel Chopard May 7, 2020

Business News: Baselworld 2021 Cancelled and Exhibitors Get Refunds [Updated]

This year’s Baselworld saga has finally arrived at its epilogue and the inevitable outcome has been made official: MCH Group just announced that Baselworld 2021 has been cancelled. Simultaneously, the event’s organisers also announced that an “agreement on the settlement for the cancelled Baselworld 2020” – presumably with more substantial refunds – was reached with exhibiting brands. That settles the brief-but-intense circumstances surrounding Baselworld 2020, which began when this year’s fair was cancelled and then “postponed” to January 2021. Along with the “postponement”, exhibitors for the 2020 fair were only offered partial refunds of the event fees. Both moves, which were regarded as unilateral and unfair by watch brands, led to a stinging response from the exhibitors, led by their committee chairman, a senior executive of Rolex, the world’s largest luxury watch brand. A week later, Baselworld suffered its death blow when the fair’s biggest exhibitors – Rolex, Patek Philippe, Chanel, Chopard, and Tudor – pulled out of the event and decamped to Geneva, where they will join Watches & Wonders in a brand-new event that’ll take place in April 2021. They were followed shortly after by the brands owned by LVMH, which include Hublot and Bulgari. With that, the cancellation of Baselworld 2021 was fait accompli, even though Baselworld responded by insinuating the exhibitors had long been conspiring to exit the event. The cavernous Rolex booth...

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