In November 2019 Kering partnered with The Explorers. Ulysse Nardin reinforces this collaboration and becomes the official timekeeper of this ever-lasting around-the-globe scientific and exploratory expedition. Ben Thouard, one of Ulysse Nardin’s “friends of the brand”, is a key partner of the expedition.
In its latest annual report, Richemont singles out Panerai for its strong performance during the financial year to end March. Since then, Covid-19 has stopped luxury brands in their tracks. We look at the state of play with Panerai Chief Executive, Jean-Marc Pontroué.
For the past two years, alongside its Horological Machines, the brand led by Max Büsser and Serge Kriknoff has been developing the Legacy Machines concept. Unveiled this week, the second watch in the collection reprises the dual regulator, a principle explored by Ferdinand Berthoud, Abraham-Louis Breguet and Antide Janvier, no less.
While half-year figures show a subdued performance by the watch divisions at Hermès and LVMH, it's a different story altogether for the industry's mastodons, led by Swatch Group and Richemont.
Backed by 133 years of uninterrupted activity, this independent family electroplating business is now headed up by two young managers.
Despite some ups and downs in its economy, China remains a powerhouse for luxury and watch brands. However, certain observers have interpreted recent mixed messages from the world's second-largest economy as a sign that after years of uninterrupted expansion, the country is now set to progress in phases. The Middle Kingdom, so it seems, has pressed pause before pushing the fast-forward button again.
Watchmaking brands have launched an all-out war against each other with regard to one of the industry’s more problematic areas: the power reserve. An overview of the latest records achieved, between true performance and marketing one-upmanship.