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.
Price still isn't an obstacle for consumers of high-end products, although it plays a bigger part than before in purchasing decisions, according to a recent survey by OpinionWay for the International Luxury Business Association.
From its first incarnation with a barrel-shaped case, Chapter One from Maîtres du Temps now lends itself to a round case that is “architecturally-inspired,” in the words of this association of watchmakers, and still with the same fascinating combination of complications.
TAG Heuer makes a splash for its 150th anniversary, and unveils the first draft of a movement whose escapement has no balance spring. A revolution in the world of watchmaking. The Calibre 1887 completes the line-up. (See films.)
In the first quarter of 2010, Hermès probably achieved one of the best performances in the industry, with organic growth in sales of 20%. This result has sustained the group's shares, especially with speculation rife over the possible acquisition of Hermès following the death of Jean-Louis Dumas.