The German town of Glashütte has been a centre for fine watchmaking since 1845. Nomos Glashütte is marking the occasion with three limited-edition versions of a classic model.
Patek Philippe presents the new Ref. 5303 as its first minute repeater with the striking mechanism on the dial side, together with reinterpretations of the legendary Ref. 5370 Split-Seconds Chronograph and of the classic Ref. 5270 Perpetual Calendar Chronograph.
Two overlapping cut-out discs driven by an inverted gear system, and two tourbillons rotating in opposite directions bring mesmerising movement to the dial of this Mobilis.
The biggest European private equity firm, CVC Capital Partners, has acquired a controlling stake in Breitling. The Schneider family, owner of the brand since 1979, retains a 20% share. The transaction, valued at €800 million, will close in June subject to approval by competition authorities.
Daintier and with more substance, Harry Winston has fitted an automatic movement inside the smaller case of the Midnight watch in gold and diamonds. Glamour and performance guaranteed.
Watch industry exports saw their first monthly rise in March after 20 consecutive months of declining numbers. Their value stood at 1.6 billion Swiss francs, 7.5% higher than in March 2016. This welcome result must, however, be placed in perspective because it benefited from two extra working days and a particularly favourable base effect.
The Legacy Machine 1 takes its final bow inside a stainless steel case with a dark chocolate-brown dial. Just 18 of this LM1 Final Edition will be made.