TTP #52 Year 2016
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At Home, at Headquarters a Few of the Many Top Companies That Rule from Geneva Talk About Why They Are Here…
Why Geneva is your best choice in Europe At home, at headquarters www.whygeneva.ch A few of the many top companies that rule from Geneva talk about why they are here… Caterpillar Columbia Sportswear DuPont easyJet Electronic Arts Firmenich P&G Richemont Group … as do some new ones that have just arrived! Contents A small area with room for talent Headquarters of global brands Why Geneva succeeds as a business base 2 Something hard to imagine if one doesn’t know Geneva has never been a one-industry town. If the Diversity and density Geneva well, is the extraordinarily high density city was once upon a time famous for its medieval Pierre-François Unger, Minister of Regional of decision-makers present here, on a territory fair and, later on, for its private banks and fine Affairs, Economy and Health, on Geneva’s that covers only 282km2. With UN standard- watches, Geneva has added many other high rare combination of expertise 3 setters, government missions and consulates value-added industries to its portfolio: financial ser- New in Town 4 from every country, global companies and major vices of all kinds, commodity-trading, flavours and P&G’s second health care industry associations, research institutes and fragrances, high-end watches and jewellery, con- joint venture in Geneva 6 influential NGOs such as the World Economic sumer products, trade, biotech, medtech, cleantech, Forum, Geneva may possibly have the largest ICT, micro and nano-technology… Over 930 multi- The new wave of tech solutions concentration of thinkers and doers in the nationals are now based in Geneva – among which HP Innovation Centres goes upstream 8 world. -
The Art of Horological Complications
the art of horological complications 2020/2021 THE ART OF Horological Complications © Gerhard D. Wempe KG, Hamburg 2020 Author: Thomas Wanka 2020/2021 Noble radiance BREITLING 81 Metal bracelets make wristwatches into sporty luxury items 8 Chronomat Limited Wempe Edition 82 ROLEX 19 HUBLOT 85 Oyster Perpetual GMT-Master II 20 Big Bang Integral Titanium 86 Oyster Perpetual Day-Date 40 22 CHOPARD 89 PATEK PHILIPPE 25 Alpine Eagle Chronograph 90 Nautilus Chronograph 5980/1R 26 Nautilus 5711/1R 28 GIRARD-PERREGAUX 93 Laureato Ininity - exclusively available at Wempe 94 BREGUET 31 Marine Tourbillon Équation Marchante 32 ROGER DUBUIS 97 Classique 7337 34 Excalibur Spider Huracán 98 A. LANGE & SÖHNE 37 FERDINAND BERTHOUD 101 Odysseus 38 Chronomètre FB 1 102 Zeitwerk Minute Repeater 40 ULYSSE NARDIN 105 JAEGER-LECOULTRE 43 Executive Blast Black 106 Master Control Chronograph Calendar 44 TUDOR 109 Master Grande Tradition Grande Complication 46 Black Bay Fifty-Eight Navy Blue 110 CARTIER 49 TAG HEUER 113 Pasha de Cartier 50 Carrera Heuer 02 114 VACHERON CONSTANTIN 53 WEMPE IRON WALKER GLASHÜTTE I/SA 117 Overseas Perpetual Calendar Ultra-Thin 54 Iron Walker Automatic Chronograph 118 IWC SCHAFFHAUSEN 57 Iron Walker Automatic Diver‘s Watch 120 Portugieser Perpetual Calendar 58 LONGINES 123 GLASHÜTTE ORIGINAL 61 Spirit Pilot‘s Chronograph 124 Senator Cosmopolite 62 MONTBLANC 127 WEMPE CHRONOMETERWERKE GLASHÜTTE I/SA 65 Heritage Manufacture Pulsograph Limited Edition 128 Chronometerwerke Automatic Pilot‘s Watch Bronze 66 NOMOS GLASHÜTTE 131 175 Years -
Watches & Jewellery Salesfluxspreadspatinaofcaution
FT SPECIAL REPORT Watches & Jewellery Thursday April 25 2013 www.ft.com/reports | twitter.com/ftreports Sales flux spreads patina of caution Inside » BaselWorld New exhibition space brings The principal reason for light to lacklustre uncertainty is the experience of old clampdown on the giving of gifts in China, writes Page 2 James Shotter Emerald named fter three years of relentless growth, the path the Swiss colour of 2013 watch industry will follow Move to green gets in 2013 is less clearly sign- posted. boost from red ALast September, Swiss watch carpet exposure exports recorded their first decline since the financial crisis, and have Page 6 since oscillated sharply: up in October and November, down in December, up in January, down again in February. Time for safety These fluctuations have spread a patina of caution across the industry. Breitling to launch Nick Hayek, Swatch’s chief executive, second generation has spoken of the need to “calm down the spirits” on growth expectations. of Emergency with One participant described this locator beacon year’s Salon International de la Haute Horlogerie, the January fair at which Page 8 analysts say Richemont’s brands tra- ditionally book up to 60 per cent of their annual orders, as “serene, not Designers take ebullient”. “This year in one word? Unpredicta- organic approach ble,” says Thierry Fritsch, chief exec- Use of alternative utive of Chaumet, the Parisian jewel- ler-cum-watchmaker that belongs to gems raises LVMH’s stable of brands. concern over ethics The principal reason for the uncer- tainty is mainland China. The world’s Uncertain times: the slowdown in exports of Swiss watches to China reflects a wider deceleration in the mainland economy Getty Page 11 third-largest watch market – behind Hong Kong and the US – has powered growth in recent years but has slowed a sharp crackdown by the new presi- ing in China is going to be one of the remain relatively sanguine. -
At Home, at Headquarters
Why Geneva is your best choice in Europe At home, at headquarterswww.whygeneva.ch A few of the many top companies that rule from Geneva talk about why they are here… Caterpillar Columbia Sportswear DuPont easyJet Electronic Arts Firmenich P&G Richemont Group … as do some new ones that have just arrived! Contents A small area with room for talent Headquarters of global brands Why Geneva succeeds as a business base 2 Something hard to imagine if one doesn’t know Diversity and density Geneva well, is the extraordinarily high density Pierre-François Unger, Minister of Regional of decision-makers present here, on a territory Affairs, Economy and Health, on Geneva’s that covers only 282km2. With UN standard- rare combination of expertise 3 setters, government missions and consulates New in Town 4 from every country, global companies and major P&G’s second health care industry associations, research institutes and joint venture in Geneva 6 influential NGOs such as the World Economic Forum, Geneva may possibly have the largest The new wave of tech solutions concentration of thinkers and doers in the HP Innovation Centres goes upstream 8 world. Ahead of the game Electronic Arts explains why Geneva Multinationals that establish themselves in Geneva is a great business platform 9 for other reasons – be it because they seek a Strong commitment stable legal and political environment, a central The Richemont Group speaks time zone, easy access to the rest of Europe, openly about its plans in Geneva 10 excellent business conditions, a diverse eco- nomic fabric or a multicultural workforce – often The capital of flavors and fragrances discover that, simply being here gives them Collaboration of Firmenich and University of Geneva 13 access to information and contacts available nowhere else. -
A New Flying Tourbillon Elevates Roger Dubuis to Heady Heights
Identity | 61 Ve r t i go A new flying tourbillon elevates Roger Dubuis to heady heights James Gurney To claim status as an exclusive manufacture is a privilege held by few. However, the new RD-03 movement goes a long way in proving Roger Dubuis’ worth among such horological elite. QP casts its eye over this most sophisticated flying tourbillon, within its first habitat – the Golden Square case. Verticality is the watchword of the moment for filters through to the buyers – even those who do the more self-consciously elite of the watchmak- not spend hours looking through the discussion ing houses – not the least being Roger Dubuis. forums on the web. The term simply refers to the ability to make as much of a watch under one roof – or at least Having your own source of essential components within one company – as is feasible (clearly no is, however, a strategically sensible move, since the one will go to the lengths of acquiring an alligator recent upheavals in the previously invisible compo- farm just to fulfil the concept). If this does not nent supply business have changed the rules – seem the most exciting concept, it does transpire particularly as many once-independent companies to be the issue on which both industry and have been acquired by the larger watch compa- cognoscenti ultimately judge a company. Simply, nies. Perhaps more importantly, the possession of the more you can claim to produce yourself, the such supplies is a guarantor of a company’s future more you command the respect of your sternest prospects. -
Patek Philippe Piaget Raymond Weil Vacheron Constantin Zenith
ENGLISH EDITION YOUR GUIDE TO THE WORLD OF WATCHES #039 SWISS MADE WINTER 2014 Baume & Mercier Bell & Ross Blancpain Breguet Breitling Girard-Perregaux H. Moser & Cie Hamilton Hautlence Hermès Jaquet Droz Longines Louis Vuitton Montblanc Oris Panerai Patek Philippe Piaget Raymond Weil Vacheron Constantin Zenith GUESTS Jean-Claude Biver PATEK PHILIPPE Aldo Magada Thierry Stern "Four generations of passion" Thierry Stern SUISSE: 10 FRANCS FRANCE MÉTRO: 7 EUROS - BEL/LUX/POLAND: 8 EUROS - UK: £8 - A/D/GR//PORT.CONT: 8,40 EUROS - CAN: 11,95 $CAN - USA: 14,99 $US Breguet, the innovator. Extra-Thin Self-Winding Tourbillon 5377 The complexity of an extra-thin movement is equalled only by the elegance and slenderness of the watch itself. The Extra-Thin Self-Winding Tourbillon 5377, a complex yet delightfully uncluttered creation, is endowed with an 80-hour power reserve thanks to a patented high-energy barrel. It is a true testament to the daring and creative spirit of Abraham-Louis Breguet, inventor of the tourbillon. History is still being written... ABU DHABI BAL HARBOUR BEIJING CANNES DUBAI EKATERINBURG GENEVA GSTAAD HONG KONG KUALA LUMPUR LAS VEGAS LONDON LOS ANGELES MACAO MILAN MOSCOW NEW YORK NINGBO PARIS SEOUL SHANGHAI SINGAPORE TAIPEI TOKYO VIENNA ZURICH – WWW.BREGUET.COM T5377-Watches 4langues_460x297 .indd 5-6 29.10.14 08:52 Breguet, the innovator. Extra-Thin Self-Winding Tourbillon 5377 The complexity of an extra-thin movement is equalled only by the elegance and slenderness of the watch itself. The Extra-Thin Self-Winding Tourbillon 5377, a complex yet delightfully uncluttered creation, is endowed with an 80-hour power reserve thanks to a patented high-energy barrel. -
The Annual Report 2021
Annual Report and Accounts 2021 Richemont is one of the world’s leading luxury goods groups. The Group’s luxury goods interests encompass some of the most prestigious names in the industry, including Cartier, Van Cleef & Arpels, Piaget, Vacheron Constantin, Jaeger-LeCoultre, IWC Schaffhausen and Montblanc. Each of Our Maisons™ represents a proud tradition of style, quality and craftsmanship which Richemont is committed to preserving. 1 Financial and operating highlights 42 Peace Parks Foundation 2 Chairman’s review 43 Laureus 6 Business review 44 Michelangelo Foundation 6 Jewellery Maisons 7 Buccellati 45 Board of Directors 8 Cartier 9 Van Cleef & Arpels 50 Corporate governance 10 Specialist Watchmakers 11 A. Lange & Söhne 12 Baume & Mercier 62 Compensation report 13 IWC Schaffhausen 14 Jaeger-LeCoultre 77 Consolidated financial statements 15 Panerai 16 Piaget 145 Company financial statements 17 Roger Dubuis 18 Vacheron Constantin 154 Five-year record 19 Online Distributors 20 Watchfinder 156 Statutory information 21 YOOX NET-A-PORTER 22 Other 23 Alaïa 24 AZ Factory 25 Chloé 26 dunhill 27 Montblanc 28 Peter Millar 29 Purdey 30 Regional & Central Functions 33 Financial review 40 Corporate social responsibility Cautionary statement regarding forward-looking statements This document contains forward-looking statements as that term is defined in the United States Private Securities Litigation ReformAct of 1995. Words such as ‘may’, ‘should’, ‘estimate’, ‘project’, ‘plan’, ‘believe’, ‘expect’, ‘anticipate’, ‘intend’, ‘potential’, ‘goal’, ‘strategy’, ‘target’, ‘will’, ‘seek’ and similar expressions may identify forward-looking statements. Such forward-looking statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are outside the Group’s control. -
Geneva / Genève Guide
GENEVA / GENÈVE GUIDE THE OFFICIAL CITY GUIDE SPRING–SUMMER / PRINTEMPS–ÉTÉ 2019 www.geneve.com SWISS ARMY KNIVES CUTLERY FRAGRANCES WATCHES TRAVEL GEAR FUNCTIONALITY IS PART OF OUR FAMILY Zurich | Geneva | Brunnen | Lucerne SHOP ONLINE AT VICTORINOX.COM MAKERS OF THE ORIGINAL SWISS ARMY KNIFE | ESTABLISHED 1884 VX_Ad_CityGuide_MP5_FW17_90x140_170530_RR.indd 1 30.05.17 11:46 WELCOME TO GENEVA BIENVENUE À GENÈVE / DEAR VISITORS / CHERS VISITEURS Welcome during this wonderful season! Bienvenue en cette merveilleuse saison ! Geneva has put away its velvety winter coat Genève range son doux manteau d’hiver et se and is getting ready to shine in the sun. You prépare à profiter du soleil. Au cœur de paysa- can easily explore the city on foot in the ges à couper le souffle, vous pourrez aisément middle of breath-taking landscapes, to your découvrir la ville à pied, au gré de vos envies. heart’s desire. While browsing the Geneva Guide, you will En parcourant le Geneva Guide, vous trou- find ideas for activities and events, as well as verez des idées d’activités et d’événements all the information you will need for your stay. ainsi que les infos nécessaires pour votre What about the exciting events you do not séjour. want to miss? Des moments forts à ne pas manquer ? The Geneva International Motor Show in Le Salon International de l’Automobile en mars. March. Then, take part in the many events Ainsi que de nombreux événements autour du around the lake this summer. Find out more at lac en été. our website: www.geneve.com and, once you Pour en savoir plus : consultez notre site have arrived in Geneva, stop by the Tourist www.geneve.com et, une fois à Genève, rendez- Information Centre for a warm welcome and vous au Tourist Information Centre pour des personalized advice. -
The Blue Issue
ZÜRICH BERN BASEL LUZERN ST.GALLEN ZUG MAGAZINE ZURICH ST.MORITZ AUSGABE 23 AUTUMN / WINTER 2018 CHF 8.50 INTERVIEWS MANOLO BLAHNIK – DAVID LACHAPELLE – BASTIAN BAKER – WE LOVE BLUE DESIGN & ACCESSOIRES – CITY GUIDE ZÜRICH NEWS AND MORE – WATCHES BLAUE STUNDE WITH ENGLISH TEXT Extremely Addictive THE BLUE ISSUE PAP FW 18-19 SUI DP2 COTE MAG ZURICH 240X300 (x2).indd 1 21/06/2018 11:27 PAP FW 18-19 SUI DP2 COTE MAG ZURICH 240X300 (x2).indd 2 21/06/2018 11:27 Stil, Spiel, Hermès! 09_480x300_cotemagazinezurichedition_ALL.indd Toutes les pages 13/09/2018 17:36 Editorial Blau machen «Blau machen» Der Ausdruck «Blau machen» stammt aus dem In the German language «blau machen» is synonymous with Handwerk der Färber, die den Moment abwarten staying away from work, or indulging in idleness. Originally, mussten, bis die mit der Pflanze Färberdistel however, the term had to do with work very well: it comes from behandelten Stoffe unter Einwirkung von Sonnenlicht the handicraft of dyers, who had to wait for the moment, until den richtigen Blauton angenommen hatten. the textiles treated with the plant safflower had transformed into the correct shade of blue under the influence of sunlight. Die richtigen Blautöne haben wir hoffentlich auch mit der neuen Ausgabe von COTE MAGAZINE Hopefully, we also hit the right blues with the new issue of getroffen. Dass die Farbe Blau und die Sonne COTE MAGAZINE. This endless Summer has confirmed zusammen gehören hat der endlose Sommer that the color blue and the sun belong together. It has inspired bestätigt und uns dazu inspiriert, der beliebtesten us to pay special attention to the most popular color of the Kollektion Perlée Farbe der Menschen ein besonders Augenmerk zu people.