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.
The FH centre in Japan has published the results of a survey carried out among 1,500 Japanese consumers aged 20 or older with an interest in luxury watches.
The group, based in La Chaux-de-Fonds, has set up a new company, Optimo Assortments, which will supply full assortments to the watch industry as of the second half of the year, with the capacity to produce 400,000 kits a year. In doing so, it positions itself as the only serious alternative to Swatch Group.
The value of Swiss watchmaking exports reached 1.7 billion francs in April. The 7.9% growth calculated against the month of April 2011 reflected a slowdown following an excellent first quarter. This increase is less pronounced but still robust. It suffered in particular from the unfavourable base effect, since April 2011 had seen a progression in excess of 30%. Despite this slowdown, April still achieved the highest value in absolute terms since the beginning of the year.
Young people are treasures of humanity, but how many are truly aware of the fact? How many will have access to a level of instruction that will enable them to turn their talent into their trade?
Geneva's May sales saw 940 timepieces change hands for CHF 45.8 million, of which CHF 30.3 million for Christie's, which realised its second-highest result for a watch sale and scored two-thirds of sales in three days dominated by Breguet.
Among the lots at a forthcoming sale at Christie's in Milan will be three exclusive Jaeger-LeCoultre watches, made in support of the Salam Centre in Khartoum, which is run by Emergency, an Italian humanitarian organisation which provides otherwise unobtainable treatment for children and adults suffering from heart disease.