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Market Insight
Julien Tornare is the new CEO of Zenith

There’s never been any doubt that Jean-Claude Biver, head of LVMH’s watch business and interim CEO for Zenith, is a man on a mission. Wasting no time, he has chosen Julien Tornare, who currently oversees the Asia-Pacific market for Vacheron Constantin, as the new CEO of Zenith. As Swiss daily Le Temps reports, Mr Tornare will start his tenure on May 1st, with the complex task of putting the brand back on the road to success.

Wednesday, 19 April 2017
The HH Journal editors
On Culture
Did you know?

Internet Time or Swatch Internet Time (SIT) is a decimal time, launched by Swatch on October 23rd 1998, that eliminates time zones. It is divided into “.beats” which correspond to one thousandth of the mean solar day or 86.4 seconds. The day begins at midnight BMT (Biel Mean Time), a theoretical timescale based on the meridian that crosses the group’s headquarters in Biel/Bienne, Switzerland. The date is always according to the Gregorian calendar. Because it does not allow for time zones or observe daylight saving, Internet Time has never been recognised by standards authorities, and failed to take off as hoped among Internet users.

Wednesday, 12 April 2017
The HH Journal editors
What's going on
Zenith, Jean-Claude Biver's last stand

For those asking if there is any stopping Jean-Claude Biver, the irrepressible Interim CEO of Zenith and President of LVMH Watch Division announced at a Baselworld press conference that the brand with the star will be the last to benefit from his loyal services. “I’m 67 years old! In ten years I’ll be retiring and in 20 I’ll be dead. A hundred years from now, Zenith will still be very much alive.” This industry veteran also confirmed his wish to “find a new CEO for Zenith, which will be the last brand I restructure.” Famous last words?

Thursday, 23 March 2017
HH Journal Editors
On Culture
Calibre 89 for auction with Sotheby’s

Sotheby’s will present the legendary Patek Philippe Yellow-Gold Calibre 89 for auction at the Important Watches sale in Geneva on 14 May 2017. After research began in 1980, nearly a decade of craftsmanship and refinement made the Calibre 89 the most complicated watch ever created when Patek Philippe unveiled it in 1989 to mark their 150th anniversary. Offered with an estimate of CHF 6.5–10 million / $6.4-9.9 million, this horological masterwork is one of the most important watches ever to be offered at auction.

Friday, 10 March 2017
The HH Journal editors
The Life
TAG Heuer heads the peloton

TAG Heuer is appointed Official Timekeeper of the legendary Giro d’Italia, which celebrates its 100th edition in 2017. Thanks to a global agreement with RCS Media Group, the Giro D’Italia, as well as other major races including the Strade Bianche, the Tirreno-Adriatico, the Milano-San Remo, the Milano-Torino, the Gran Piemonte, and the Tour of Lombardy, will be sporting the TAG Heuer colours. In all, 10 major races from the UCI international calendar are now on TAG Heuer time around the world. A presence which will bolster the partnership signed by the Swiss watch brand with BMC Racing Team.

Tuesday, 28 February 2017
The HH Journal editors
On Culture
Did you know…?

Typically, a watch has its gear train between the back and the plate, with the dial and hands on top. In a “Bagnolet” calibre this order is reversed, meaning the dial is positioned on the same side as the gear train, leaving the plate to serve as a back. For time to be read as normal, the gears have to turn in the opposite direction. This type of construction reduces movement height; the thinnest Bagnolet calibres do not exceed 1.18 mm in thickness.

Tuesday, 28 February 2017
The HH Journal editors
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