TAG Heuer brings the Monaco's 50th anniversary celebration to a close with the one-of-a-kind Monaco Pièce d’Art. This restored and decorated 1969 Monaco will be auctioned to raise money for United Way of New York City.
CEO of Baume & Mercier then secretary-general of the Association Interprofessionnelle de la Haute Horlogerie, the late Eugen Maier dedicated his life to watchmaking, and his belief in ethics and excellence as its founding principles.
After its first tentative efforts to build on the Co-Axial escapement, Omega decided to develop a family of movements around this new technology. Introduced in 2011, the 9300/9301 calibre, the first Co-Axial chronograph, is an excellent example. ETA has set up an assembly line specifically for this movement.
Chopard’s transformation into fully-integrated, state-of-the-art watch manufacture over the past decade is often overshadowed by the company’s enviable success as a high jewelry company – something that is only reinforced by the fact that it just won the “Jewellery Watch” Prize (for the second year in a row) at Grand Prix d’Horlogerie de Genève last month. But Chopard’s roots actually lie in watchmaking. Chopard began life in 1860 as one of Switzerland’s original watch manufactures in the Swiss Jura town of Sonvilier.
Sylvère Demonsais, Chief Executive since August, has identified a number of strategic points on which to build healthy, solid growth. These include conquering markets in both the Americas. Interview.
Call it a love-hate relationship. While watchmakers have embraced social media (Facebook, Twitter, Instagram, YouTube, etc.), they have been more than wary about online selling opportunities, although recent developments suggest the web has succeeded, to some extent, in breaking down resistance.
Experts, analysts and journalists have already delivered their end-of-year forecasts based on Swiss watch exports at September 30th, and predict a fall of 5% in volume terms but an increase in value terms of 2% on 2012. With little reason to believe these estimates will vary greatly between now and the end of the year, results for 2013 are likely to be in sharp contrast with last year's strong performance. The segment closest to our heart, namely watches with an export price above CHF 1,500, confirms a rise in exports of 1% in quantity and 2% in value, which indicates a stable market.
A new calibre and a new factory: in November, Tag Heuer officially opened its manufacturing facilities in the Swiss town of Chevenez, in the Jura region. By 2016, production of in-house movements is scheduled to double to 100,000 a year.