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Currency swings have taken a bite out of the main groups' results. The situation should improve slightly in the second half-year, although growth will remain slim. With the exception of Swatch Group, watchmakers delivered a mixed bag of results for the first half-year, with groups underperforming on market expectations despite continued growth. Looking beyond the counter-productive short-term...

Quentin Simonet

Markets - // From our correspondents // Europe // Thursday, 21 August 2014

Maxime Rius, Parmigiani's man in Moscow

Parmigiani Fleurier has sent an atypical and loquacious watchmaker to the Russian capital. Born in Normandy, France, Maxime Rius has set up the Manufacture's workshop in the city, where he has sole responsibility for servicing and repairing the watches brought to him by his Russian and Kazak clientele. Meet the man. Back in 2011, Maxime Rius would have preferred Asia as a destination. But as...

Jean-Didier Revoin

 
Know How // From the workbench // Monday, 18 August 2014

The Roger Dubuis Edge

A Poinçon de Genève standard for every watch and avant-garde styling distinguish this Geneva manufacture from other elite brands. On paper, the criteria for Poinçon de Genève authentication are impressive. Page after page of detailed instructions dictate the specific decoration and finish acceptable for each component, from circular grained screw heads and polished inner edges of wheel teeth...

Carol Besler

 
Focus // Tuesday, 15 July 2014

Watchmaking's affairs of the art

Irrespective of claims that watchmaking is an art akin to painting or sculpture, its embracing of artistic activity, almost independently of its primary function to record time, has sparked a dialogue with a world beyond the purely mechanical. Friends of the arts and of culture in general will have had a busy diary these past three months, as watchmakers have concocted an unusually rich...

Christophe Roulet

 
Point of view // Wednesday, 9 July 2014

Tales to tell

We are told that history gives guidance to human existence. Sometimes though, a simple anecdote is enough to make history. The Fondazione Cologni dei Mestieri d’Arte in Milan recently published La regola del talento [The Rule of Talent], presenting Italy's seventeen foremost schools of applied arts and crafts. They include the Nazareno Fonticoli school of tailoring in Penne, a small town in...

Franco Cologni

 
Markets - // Monday, 7 July 2014

Swiss watchmaking's missing billion

Counterfeit Swiss watches represent an annual shortfall in revenue of one billion Swiss francs, the equivalent of a thousand jobs. Last year, a million fake watches were seized following action by the Federation of the Swiss Watch Industry. Buyers face heavy penalties. The sun is high in the sky. The sea stretches to the horizon in a patchwork of blues. Beach loungers beckon. Summer is...

Quentin Simonet

 
Know How // Thursday, 3 July 2014

Jaeger-LeCoultre, artist and watchmaker

With this Hybris Artistica, Jaeger-LeCoultre demonstrates a rare mastery of technique. The twelve creations in the collection are masterpieces of horology that revisit the Manufacture's finest repertoire. In January, at the Salon International de la Haute Horlogerie (SIHH) in Geneva, visitors came away from Jaeger-LeCoultre's stand with the distinct feeling of wanting more. Not that the...

Christophe Roulet

 
Point of view // Monday, 30 June 2014

Hublot lands in Brazil

Like the World Cup itself, Hublot is everywhere. On its ambassadors' wrists, soccer stars or not, on the Copacabana sands, in glossy magazines, and most of all inside the stadiums, held aloft by the fourth official. Fever pitch! According to the International Federation of Association Football (FIFA), the last World Cup, held in South Africa in 2010, kept 3.2 billion fans on the edge of their...

Christophe Roulet

 
Point of view // Thursday, 26 June 2014

Paris, and beyond

Through a series of "cultural and social" initiatives, culture being the driving force of society, numerous Swiss watch Manufactures have made significant investments in and around Paris, thanks to which countless treasures have been restored to their original splendour. Thus Vacheron Constantin lends its support to the Garnier Opera House and its company, the Paris Opera Ballet, heir...

Franco Cologni

 

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