Unveiled at SIHH, Elégante by F.P. Journe uses a motion detector to put this electro-mechanical watch in standby mode, thereby ensuring a minimum autonomy of 8 years.
This second piece from Ferdinand Berthoud follows on from the Chronomètre FB1 in its different versions. This new watch immediately stands out for the regulator-style display that shows hours, minutes and seconds on three separate counters.
Next year's Baselworld will see the unveiling, by Maîtres du Temps, of Chapter Three. Kari Voutilainen has been working on this new timepiece since 2008, joined last year by Andreas Strehler. Until then, and with patents pending, this next chapter remains a closely-guarded secret.
The Otturatore with its sequential display module required an additional year's work to stabilise the mechanism. As the first timepiece to be entirely developed by Grisogono, it underlines the company's determination to be seen as a serious contender in mechanical watchmaking.
Competitive intelligence is a time-consuming and costly process, but all that is about to change. Two young watch industry executives have developed a fully automated platform, launching October 1st.
Investors responded positively to Richemont's five-month sales, with the Group's share gaining 6.7% on the day figures were released. Morgan Stanley had already issued a buy recommendation in mid-August.