For three decades, the Geneva-based firm has been supplying the leading fine watch brands, with an unerring flair for the directions the industry is taking. It is also a longstanding advocate of ethical practices and sustainable development. Portrait of a company and the man behind it.
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Vacheron Constantin has called upon the Arianee consortium to activate and deploy its digital certification via Blockchain technology. This authentication offers an unparalleled certification and traceability service, with the ongoing objective of combating counterfeiting.
The pre-owned watch market is hot, and after a disastrous 25-month slump, the market for new watches is picking up. Would offering extended warranties boost the recovery? From a functional and value-retention standpoint, it would make very little difference, because service is the issue.
From an operational point of view, a warranty is almost beside the point given that it covers manufacturer's defects, which will show up in the first few months. Anything that goes wrong after that is a service issue.
In 2015, Rolex introduced a new standard of precision with a tolerance of -2/+2 seconds per day. In order to measure this precision, it had to first look at how its watches are worn. A task it has approached with characteristic thoroughness.
For the 125th anniversary of the Poinçon de Genève, Timelab, the Geneva-based laboratory of horology and microengineering in charge of the hallmark, announced the new criteria that will make this standard of excellence even more demanding.