The Art of Horological Complications

Total Page:16

File Type:pdf, Size:1020Kb

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 of Watchmaking in Glashütte 68 Tangente Sport 132 ERWIN SATTLER 135 PANERAI 77 P 100 Bauhaus 136 Luminor Marina Fibratech 44 MM 78 Foreword Time was originally measured according Our second retrospective peers a bit fur- to the position of the sun, which is why ther back in time to a structural develop- Romance languages use the same word for ment program that began exactly 175 years “weather” and “time.” The advancement of ago in the small, impoverished town of society can also be seen in the evolution of Glashütte in the Erz Mountains. This pro- time measurement, whose progress went gram’s unparalleled success proved that the from the sundial to the geared clock and intentional establishment of watchmaking then the atomic clock. The accuracy of in Glashütte was indeed the right decision. timekeeping, along with its global stand- The industry’s history is marked by polit- ardization and formalization, served as a ical upheavals, but the town’s inhabitants motor for the industrialized modern age. were able to hold their own at all times and It also contributes to the feeling that the under all circumstances thanks their com- pace of life has accelerated. mitment to watchmaking. This is why out- standing mechanical timepieces are still To prevent the past from becoming a manufactured in Glashütte today. hasty form of the present, this edition of The Art of Horological Complications Wempe wrote an important chapter in this takes a look to the past – but not too far ongoing success story. Our family-owned back. We focus our attention on the 1970s, company renovated Glashütte’s observatory, a decade that was a colorful ield of experi- establishing our own watch production mentation, especially in popular culture. facility and Germany’s only chronometer- The watch industry likewise found crea- testing facility there. tive ways to combine contrasts. One was a new generation of sporty luxury watches, Cordially yours, recognizable by their integrated bracelets made of stainless steel or precious metal. Nowadays these watches serving as role models for new editions are sought-after Hellmut Wempe collector’s items. THE ART OF HOROLOGICAL COMPLICATIONS Foreword 7 Noble radiance – renowned observatory in Kew, England metal bracelets make in 1914, Wilsdorf equipped every Rolex wristwatches into watch with a caliber that could pass the sporty luxury items chronometer test. Precision was no longer an unresolved issue, but resistance to water Legendary watchmaker Abraham-Louis in its exposed position on the wrist re- Rolex President bracelet Breguet made the irst known wristwatch mained problematic. When Mercedes in 1810; its recipient was none other than Gleitze attempted to swim across the Eng- Napoleon’s sister, the Queen of Naples – lish Channel in 1927, Wilsdorf recognized they must begin their ascent without from the outset with a stainless steel and for many decades thereafter, wearing the potential of her undertaking. “The exhausting their limited supply of air, tak- bracelet, it was the irst watch with a uni- a wristwatch was considered extremely Wonder Watch That Deies the Elements” ing into account any pauses for decompres- directionally rotating bezel to preset the unmanly. The vest pocket was where a proclaimed a headline in the Daily Mail sion that might be necessary along the way. intended dive time. Rolex chose the three- gentleman wore his watch, the quality and when Wilsdorf gave the swimmer a watch Émile Gagnan collaborated with oceano- row Oyster bracelet it had developed in material of whose chain indicated his social to carry with her on her adventurous swim. grapher Jacques-Yves Cousteau to develop the late 1930s to serve as the attachment for status. Only after half a century had passed She wore the world’s irst water-resistant a breath regulator called the Aqualung its Submariner, which was created in 1953 in 1943; thanks to a breathing mixture in- and oficially launched in 1954. These irst side a pressurized cylinder, this innovation metal bracelets were comparatively simple made scuba diving possible – and diving constructions, but nonetheless empirically soon became important in military applica- proven and sturdy. The riveted stainless tions. Armies in many different countries steel bracelets on Tudor’s Black Bay models set up special divisions for frogmen. Recre- are reminiscent of these early attachments ational diving irst became popular in and pay tribute to the pioneering divers Rolex Oyster bracelet the 1990s and afterward developed into a of yesteryear. When Rolex presented the sport enjoyed by countless amateur divers. Oyster Perpetual Datejust in 1945, it was was the struggle for supremacy between wristwatch – appropriately called the With the increasing demand for watches equipped with a matching metal Jubilee the pocket watch and the wristwatch “Oyster” and patented the year before – not conceived expressly for divers, engineers bracelet. The President bracelet was intro- ultimately decided in favor of the latter. on her wrist, but around her neck. The irst at watch brands focused their efforts on duced with the Oyster Perpetual Day-Date Among other challenges, the watch bracelet serially manufactured Oyster models were constructing seawater-resistant metal in 1956 and is still exclusively reserved for played a decisive role in this. Describing likewise secured by leather straps. Wilsdorf bracelets. The irst wristwatch developed that model today. The Pearlmaster brace- the hurdles to be overcome, Rolex founder had big plans for wristwatches, realizing expressly for divers was the Fifty Fathoms, let debuted in 1992 and has accompanied Hans Wilsdorf asserted in typical terse they would quickly become fashionable which Blancpain debuted in 1953. Designed the Pearlmaster ladies watch ever since. precision, “A wristwatch that cannot be re- accessories and accordingly needed to be lied on is not worth owning.” Wilsdorf able to “adapt to changes in taste.” Each meticulously worked through every chal- owner would want several watches, and if lenge. Registering “Rolex” as his brand’s they were not all acquired simultaneously, name in 1908, a mere two years later one of then at least successively. Water-resistant these became the irst wristwatch ever to materials for wristbands became urgent earn a chronometer certiicate; after he when divers needed to know exactly how even succeeded in obtaining one from the long they had been underwater and when Rolex Pearlmaster bracelet 8 metal bracelets metal bracelets 9 Metal bracelets also offered new possibili- epitome of a genuine luxury watch. This ties for innovative clasps. One of the best changed in the 1970s, a revolutionary dec- known is the Oysterclasp for all Oyster ade in more ways than one, in which new bracelets. In some models, this closure is materials such as plastic perfectly matched also equipped with a quick-adjustment the irresistible allure of rebellion. Novel mechanism: the Easylink enables its wearer styling and an unprecedented indulgence to readily adjust the bracelet by as much in vivid colors put a new face on everyday as ive millimeters. The bracelets of the life. This environment favored innovation, Rolex Professional models are secured but a new trend in the watch industry was by Oysterlock clasps, while those of the initially considered too revolutionary: Submariner, Sea-Dweller, and DeepSea stainless steel wristwatches with integrat- diver’s watches are equipped with Fliplock ed metal bracelets priced as high as watches IWC Yacht Master and Glidelock extensions; the latter two with precious metal cases and bracelets. mechanisms allow the bracelet’s length to Designer Gérald Genta (1931-2011) is in- be adjusted without taking the watch off separably associated with this new epoch of Moreover, the watch case no longer needed attachments challenge every craftsper - the wrist. Metal bracelets are the optimal steel watches. Born in Geneva and trained to be round to accommodate a spring bar son involved in their production. Patek attachments for diver’s watches, which – at as a jewelry designer, Genta achieved his between the strap lugs. Customers’ reac- Philippe’s Nautilus serves as a good exam- the very latest since the advent of the James irst major success with Audemars Piguet’s tions ranged from cautious to reserved at the ple to illustrate the complex processes and Bond ilms – can also be worn under the Royal Oak in 1972. The metal bracelet’s Royal Oak’s premiere in 1972 – as it was with diverse polishing techniques that are es- sleeve of a tuxedo jacket.
Recommended publications
  • NOTE: to Set Any Watch Function, the Digit(S) MUST Be Flashing
    CONGRATULATIONS! You have selected a quality timepiece that will assist you in remembering tasks, managing your time and keeping focused. Perfect for reminders for medication and medical conditions, timing presentations or procedures, for cooking, parking meters and for keeping on schedule. The uses are endless. Set the “vibration” feature for alarm settings and countdown timer when you do not want to alert or disturb others or when you cannot hear an audible alarm. This unique watch has been carefully designed to give user satisfaction and to be user friendly. The large display is easy to read. Prompts are displayed to assist in easy setting. User options are easily set. Enjoy the many benefits of this wonderful watch. OPERATING MODES: CALENDAR ALARM CHRONO TIMER OPTION CLOCK (STOPWATCH) Vibra LITE 8 is a trademark of GLOBAL ASSISTIVE DEVICES, INC. Page 1 NOTE: To set any watch functions, the digit(s) that you want to set MUST BE FLASHING. When setting Calendar/Clocks, Alarms or Timer: if a delay of approx. 3 minutes occurs without buttons being pushed, digits will stop flashing and watch will return to Calendar/Clock Mode. Watch display will automatically return to Calendar/Clock Mode from Option Mode when no buttons are pushed in approx. 3 minutes. SETTING TIME OF DAY AND CALENDAR NOTE: THIS IS TIME ZONE 1 & MUST BE SET CORRECTLY FOR THE TIME OF DAY AS THE ALARMS WILL WORK BASED ON THIS TIME. Three Time Zones are available. Set Time Zone 1 for the time of day of your home location. This is the default Time and will show on the watch at all times when it is in the Calendar/Clock mode.
    [Show full text]
  • Grandfathers' Clocks: Their Making and Their Makers in Lancaster County
    GRANDFATHERS' CLOCKS: THEIR MAKING AND THEIR MAKERS IN LANCASTER COUNTY, Whilst Lancaster county is not the first or only home of the so-called "Grandfathers' Clock," yet the extent and the excellence of the clock industry in this type of clocks entitle our county to claim special distinction as one of the most noted centres of its production. I, therefore, feel the story of it specially worthy of an enduring place in our annals, and it is with pleasure •and patriotic enthusiasm that I devote the time and research necessary to do justice to the subject that so closely touches the dearest traditions of our old county's social life and surroundings. These old clocks, first bought and used by the forefathers of many of us, have stood for a century or more in hundreds of our homes, faithfully and tirelessly marking the flight of time, in annual succession, for four genera- tions of our sires from the cradle to the grave. Well do they recall to memory and imagination the joys and sorrows, the hopes and disappointments, the successes and failures, the ioves and the hates, hours of anguish, thrills of happiness and pleasure, that have gone into and went to make up the lives of the lines of humanity that have scanned their faces to know and note the minutes and the hours that have made the years of each succeeding life. There is a strong human element in the existence of all such clocks, and that human appeal to our thoughts and memories is doubly intensified when we know that we are looking upon a clock that has thus spanned the lives of our very own flesh and blood from the beginning.
    [Show full text]
  • Possible Accurate Time/Frequency Sources for Maserless VLBI? Seticon04
    Possible accurate time/frequency sources for maserless VLBI? SETICon04 Marko Cebokli S57UUU ABSTRACT - The SETI League's project ARGUS currently works as a set of independent antennas/receivers, distributed in direction to maximize solid angle coverage. In some cases like wanting to do a follow-up observation with increased sensitivity, it would be desirable to coherently combine signals from several antennas. Since project ARGUS antennas are geographically dispersed, VLBI techniques will have to be used. This paper gives a quick overview of possible synchronization sources available to stations lacking atomic standards or masers. 1. REQUIREMENTS When combining two coherent signals of equal amplitude, to keep combining losses below 1dB, the phase error must be less than 54 degrees. This is similar to the common optical criterion of 1/8 wavelength or 45 degrees wavefront error. In terms of delay, for example on 1.4GHz, that is cca 100ps or 3cm of path length difference. For a 100 sec integration time, for example, the required accuracy is therefore 1E- 12. On lower frequencies, the requirement gets relaxed proportionally to wavelength, but VLBI gets difficult because of the random delays in the ionosphere, which quickly increase below a few hundred Mhz. Maybe some equivalent of adaptive optics as used by optical astronomers to mitigate atmospheric turbulence ('seeing') could be used here to take the twinkle out of the ionosphere on the lower bands? Apart from the RF frequency/phase synchronization, there is also the need to synchronize the recording start time, to reduce the amount of searching needed at the central correlating station.
    [Show full text]
  • Special Chronograph Instructions & Warranty
    IMPORTANT! Register for your warranty Special Chronograph online at www.reactorwatch.com Instructions & Warranty Welcome IMPORTANT! REACTOR watches were conceived, Every analog REACTOR watch is fitted designed and built to withstand the real with a screw-down crown to ensure world of sport enthusiasts. We are very maximum water resistance. However, proud of what we have accomplished using your watch in water with the crown and we are excited to welcome you to unscrewed or only partially screwed our ever-growing family. down may result in leakage. While your REACTOR watch is built for ALWAYS CHECK THAT THE CROWN IS maximum durability, it should ALWAYS be COMPLETELY SCREWED DOWN BEFORE rinsed thoroughly after use in salt water. SUBMERGING YOUR WATCH! www.reactorwatch.com www.reactorwatch.com Warranty Service Our warranty is simple and straight If your watch needs service, return it to: forward: if anything goes wrong with Reactor Service your REACTOR watch in the first two 5312 Derry Ave., Suite B years of ownership, we will either repair Agoura Hills, CA 91301 or replace it at our expense. Please download the Repair Form from Here’s the “not so small print”: the Service section of our website, Normal wear and tear and abuse are not complete it, and include it with your considered manufacturing defects and watch. Our service center is committed are not covered by our warranty. to having your watch back to you in no more than 10 working days. www.reactorwatch.com www.reactorwatch.com Setting the Watch 1. Unscrew crown and pull to pos. 2.
    [Show full text]
  • The Rebirth of Swiss Watch Brand Angelus
    The rebirth of Swiss watch brand Angelus After lying dormant for more than 30 years, Angelus has now been revived by Manufacture La Joux-Perret, which has spent four years developing the next generation of visionary timepieces. The Angelus’ manufacture in La Chaux-de-Fonds is just a stone’s throw from where the Stolz brothers established their original manufacture. Dating back nearly 125 years, Angelus has been one of the most influential horological manufactures of the last century. Connoisseurs of high-end watchmaking have universally hailed Angelus' pioneering, in-house developed movements and timepieces, which continue to be coveted by collectors all over the world. Angelus was founded in 1891 by the brothers Albert and Gustav Stolz with the establishment of the Angelus watchmaking manufacture in Le Locle, Switzerland. Chronodato 1942 Angelus launches the world's first series chronograph with calendar. Initially christened the Chronodate, then Chronodato from 1943 onwards. © ANGELUS SA Over the past century, Angelus forged a fine reputation for creating exceptional chronograph and multi-complication wristwatches, multi-display travel clocks with long power reserves, and alarm watches. The brand marked several firsts along the way, including the Chronodato (1942), which was the first series wristwatch chronograph with calendar. The Chrono-Datoluxe (1948) featured the very first big date in a chronograph wristwatch; it was also the first series chronograph wristwatch with a digital calendar – years before such a display became a standard in watchmaking. The Datalarm (1956) was the first wristwatch ever featuring both alarm and date function, while the cult timepiece the Tinkler (1958) was both the first automatic repeater wristwatch and also the first fully waterproof repeater wristwatch.
    [Show full text]
  • Th B T the Brocots
    The BtBrocots A Dyyynasty of Horologers Presented by John G. Kirk 1 Outline • Introduction • Background: Paris Clocks • Brocot GlGenealogy • The Men and Their Works • Gallery 2 Outline • Introduction • Background: Paris Clocks • Brocot GlGenealogy • The Men and Their Works • Gallery 3 Introduction • This is a review of “Les Brocot, une dynastie d’ horlogers” by Richard Chavigny • Dean Armentrout asked me to discover the following: – How many/who are the Brocots who contributed to horology (see below…) – The years the famous innovations were made (and by whom) (see below…) – How the Brocot dynasty interacted with other clockmakers, for example the house of Le Roy (i(curious ly, such iitnterac tions, if any, aren’t mentioned in the book) 4 Outline • Introduction • Background: Paris Clocks • Brocot GlGenealogy • The Men and Their Works • Gallery 5 The Paris Clock (1 of 5) • The term, la Pendule de Paris, applies to table/mantel clocks developed by Parisian clockmakers • Beginning around 1810 and continuing well into the 20th century production of these clocks evolved into a highly industrialized process 6 The Paris Clock (2 of 7) • Around 1810, Paris clocks were no longer fabricated from scratch in Paris except by the grand houses, such as Breguet, Le Paute, etc. • A “mass” market for high quality, competitively‐priced “Clocks of Commerce” developed based on ébauches completed and finished in Paris 7 The Paris Clock (3 of 7) • The ébauches comprised – The two plates – The barrel (without spring) – The stiktrike titrain compltlete with dtdeten
    [Show full text]
  • 2017 Procedure-Specific Measure Updates and Specifications Report Hospital-Level Risk-Standardized Complication Measure
    2017 Procedure-Specific Measure Updates and Specifications Report Hospital-Level Risk-Standardized Complication Measure Elective Primary Total Hip Arthroplasty (THA) and/or Total Knee Arthroplasty (TKA) – Version 6.0 Submitted By: Yale New Haven Health Services Corporation/Center for Outcomes Research & Evaluation (YNHHSC/CORE) Prepared For: Centers for Medicare & Medicaid Services (CMS) March 2017 Table of Contents LIST OF TABLES ..................................................................................................................................3 LIST OF FIGURES .................................................................................................................................4 1. HOW TO USE THIS REPORT ............................................................................................................6 2. BACKGROUND AND OVERVIEW OF MEASURE METHODOLOGY .......................................................7 2.1 Background on the Complication Measure ........................................................................ 7 2.2 Overview of Measure Methodology ................................................................................... 7 2.2.1 Cohort ...................................................................................................................... 7 2.2.2 Outcome .................................................................................................................. 9 2.2.3 Risk-Adjustment Variables....................................................................................
    [Show full text]
  • Download Catalogue
    This catalogue provides a selection of timepieces from our collection. You can find more information and relevant details on the Junghans Website or in the new Junghans E-magazine. You can access the magazine via the QR-codes – or visit us directly at www.junghans-magazine.com. 2 Content Foreword P.05 P.06 Personality P.08 Junghans Meister P.10 Meister Signatur Handaufzug Edition 160 P.14 Meister Gangreserve Edition 160 P.24 Meister fein Automatic P.38 Meister S Chronoscope Platin Edition 160 P. 44 Legends of time P.54 1972 Automatic FIS Edition P.58 JUNGHANS max bill P.64 max bill Edition Set 60 P .84 Junghans FORM P .88 FORM A Edition 160 P.96 P.102 Force, Spektrum, Milano P.124 Collection overview Milestones 3 160 years of Junghans: Now is precisely the right time to be focussing more on what embodies the Junghans Yesterday. brand – beautifully designed watches. Our anniversary models exemplify most impressively our work from Today. For yesterday, of today and for generations to come. For example, the Meister Signatur Handaufzug Edition generations 160 with its classic movement, which this year epito- to come. mises our tradition in watch making like no other. Or the FORM A Edition 160 combining the latest style and Junghans. technology with our home, the Black Forest. The future is represented by the Meister fein, providing the Meister series with a new, modern geometry. Join us on our journey into the future! 4 5 Every hand tells its own story. Hands are part of our personality.
    [Show full text]
  • Capricious Suntime
    [Physics in daily life] I L.J.F. (Jo) Hermans - Leiden University, e Netherlands - [email protected] - DOI: 10.1051/epn/2011202 Capricious suntime t what time of the day does the sun reach its is that the solar time will gradually deviate from the time highest point, or culmination point, when on our watch. We expect this‘eccentricity effect’ to show a its position is exactly in the South? e ans - sine-like behaviour with a period of a year. A wer to this question is not so trivial. For ere is a second, even more important complication. It is one thing, it depends on our location within our time due to the fact that the rotational axis of the earth is not zone. For Berlin, which is near the Eastern end of the perpendicular to the ecliptic, but is tilted by about 23.5 Central European time zone, it may happen around degrees. is is, aer all, the cause of our seasons. To noon, whereas in Paris it may be close to 1 p.m. (we understand this ‘tilt effect’ we must realise that what mat - ignore the daylight saving ters for the deviation in time time which adds an extra is the variation of the sun’s hour in the summer). horizontal motion against But even for a fixed loca - the stellar background tion, the time at which the during the year. In mid- sun reaches its culmination summer and mid-winter, point varies throughout the when the sun reaches its year in a surprising way.
    [Show full text]
  • 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.
    [Show full text]
  • The Deloitte Swiss Watch Industry Study 2020 an Accelerated Transformation the Deloitte Swiss Watch Industry Study 2020 | an Accelerated Transformation
    The Deloitte Swiss Watch Industry Study 2020 An accelerated transformation The Deloitte Swiss Watch Industry Study 2020 | An accelerated transformation About the study This report is the seventh edition of the Deloitte study on the Swiss watch industry. It is based on an online survey and interviews conducted between mid-August and mid-September 2020 with 55 senior executives in the watch industry. The study is also based on an online survey of 5,800 consumers in China, France, Germany, Hong Kong, Italy, Japan, Singapore, Switzerland, the United Arab Emirates, the United Kingdom and the United States. The year 2020 marks 175 years of Deloitte making an impact that matters. Today Deloitte is a thriving global organisation, which has grown to more than 300,000 people proudly carrying forth a legacy of connection and collaboration. We’re not trusted because we’ve existed for 175 years. We’ve existed for 175 years because we’re trustworthy. That’s our legacy. That’s our future. 02 The Deloitte Swiss Watch Industry Study 2020 | An accelerated transformation Contents 1. Key findings 04 2. Industry overview 05 2.1 COVID-19: Unexpected and unprecedented 05 2.2 Quartz watches: Continuing drop in exports and sales 07 2.3 China: Key for recovery and growth 09 3. Looking ahead 11 3.1 Beyond the pandemic 11 3.2 The Far East and high-end are vital for growth 12 4. Challenges remain 13 4.1 External risks: Protests and politics 13 4.2 Smartwatches: Industry missed the boat 14 5. Business strategies 18 5.1 Digitalising for a ’consumer first’ world 18 5.2 The pre-owned market heats up 23 5.3 Sustainability: The future is green 25 6.
    [Show full text]
  • “Rare Handcrafts 2021” Exhibition
    Press Release Patek Philippe, Geneva June 2021 At its Geneva Salons, Patek Philippe presents the richest “Rare Handcrafts” collection ever to be on display there At its historic headquarters on Rue du Rhône, from June 16 to 26, 2021, the manufacture is showcasing an extensive selection of over 75 pocket watches, wristwatches, dome clocks, and table clocks from its latest rare handcrafts collection. It is a rich range of one-of-a-kind and limited-edition pieces that pay tribute to challenging manifestations of craftsmanship such as manual engraving, grand feu cloisonné enamel, miniature painting on enamel, guilloching, gemsetting, and wood micromarquetry. On this occasion, Patek Philippe is also presenting six new watches from the current collection that are endowed with especially elaborate decorations. Since the early days of mechanical watchmaking, artisans have always invested considerable care in decorating their clocks and watches. Timepieces were mainly beautiful, artistically finished treasures before they advanced to become reliable precision instruments. In Geneva, the individual decorative techniques found fertile ground in the famous “Fabrique” where all watchmaking-related occupations were assembled. Since 1839, as an heir of the grand Genevan tradition, Patek Philippe systematically commissioned the most talented artists to ennoble its creations. From 1970 to 1980, when the demand for such decoratively enhanced watches slumped and several ancestral techniques were on the brink of extinction, the manufacture mobilized its resources to preserve and breathe new life into all of its precious know-how and in particular miniature painting on enamel. Grand passion To this very day, Patek Philippe is dedicated to safeguarding and handing down all these competencies, but also to further evolving them in close collaboration with the artists who set their sights on new horizons.
    [Show full text]