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The sale on November 11th promises to be nothing short of memorable. On the occasion of Patek Philippe's 175th anniversary, Sotheby's is to auction the Henry Graves Supercomplication, delivered by the Manufacture in 1933. Estimated at CHF 15 million, there is little doubt the watch will achieve a new record price. The Henry Graves Patek Philippe Supercomplication is undoubtedly one of the few...

Christophe Roulet

Markets - // Economy // Thursday, 28 August 2014

Kering fuels its watchmaking ambitions

When in 2011 Kering became the new owner of Sowind, and with it the Girard-Perregaux and JeanRichard brands, the French multinational sent its Trojan Horse into Swiss watchmaking. Ulysse Nardin is its latest catch. The number of independent watch manufacturers is dwindling fast, particularly among those which, by dint of their size, struggle to keep pace with the industry's giants. In other...

Christophe Roulet

 
Markets - // Economy // Tuesday, 26 August 2014

Watch sector announces lukewarm half-year figures

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 - // 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 // 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

 

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