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.
Forbes has published its 2011 list of the world's richest people. Bernard Arnault, 61, Chief Executive of LVMH which recently added Bulgari to its portfolio, has climbed three places to fourth position, behind Mexican telecom mogul Carlos Slim (US$ 74 billion / € 52 billion), Bill Gates, founder of Microsoft (USD 56 billion / € 39.5 billion), and Omaha guru Warren Buffet (US$ 50 billion / € 35 billion). As LVMH shares surged +57% last year, Arnault added US$ 13.5 billion (€ 9,5 billion) to his fortune and now has a net worth of US$ 41 billion (€ 28,9 billion).
The auction house will doubtless live up to its reputation for record watch sales this May 16th. The lots on the block include enamel pocket watches and a few "stars" from Rolex, Longines and, of course, Patek Philippe.
With eight sales of timepieces totalling USD 91.2 million in Geneva, Hong Kong, New York and Dubai, 2010 was a record year for Christie's.
Denis Flageollet and David Zanetta, who set up De Bethune in 2002, will tell you that watchmaking lost its soul in the twentieth century. Now their ambition is to "save the concept of the mechanical watch," as the recently-unveiled Tourbillon Regulator demonstrates.