Month: April 2020

Who Is The Richest Person In The Swiss Watchmaking Industry?

Every year, the Swiss financial magazine ‘Bilanz’ publishes a list of rich people in all sectors of the Swiss population. The latest list released in January 2017 is based on statistics from the previous year. Although compared with other industries, the watchmaking industry is smaller and has fewer people on the list, but they occupy a prominent position in the list.

   The ‘Bilanz’ list of rich people uses Swiss francs to estimate the net asset value. At the time of publication, one Swiss franc was equivalent to one US dollar. The following list is extracted from the ‘Bilanz’ rich list, and the wealth recorded is mainly from individuals and families who make watches. The Swiss watchmaking rich list is still dominated by familiar names, led by Rupert, Hayek and Stein.
1. John Rupert-4.75 billion Swiss francs (Rief Group, Tobacco)
   South African John Rupert was originally a commercial banker and later turned into a tobacco tycoon. He is the controlling shareholder of luxury goods giant Richemont, which owns brands such as Cartier and IWC. Affected by the sluggish sales of luxury goods and the decline of the group’s stock price, John Rupert’s personal assets fell from 5.5 billion Swiss francs in 2015 to 4.75 billion Swiss francs in 2016.
2. Hayek family-4.25 billion Swiss francs (Swatch Group)
   The Hayek family controls the Swatch Group, which is led by Nick Hayek, Naira Hayek, and Mark Hayek (son of Naira Hayek). Affected by the sharp decline in the Swatch Group’s share price, the assets of the Hayek family fell from 5.5 billion Swiss francs in 2015 to 4.25 billion Swiss francs in 2016. Although the Swatch Group’s 2016 financial report just released is not satisfactory, Nick Hayek believes that the group’s situation will be positively improved in 2017.
3. The Stern family-3.25 billion Swiss francs (Pattern Philippe)

 
   The Stern family has huge assets thanks to the control of Patek Philippe. It is estimated that Patek Philippe’s annual sales (wholesale price, not retail price) can reach 1.3 billion Swiss francs. In 2015, in order to expand the Geneva watchmaking workshop, Patek Philippe made 500 million Swiss francs, showing the extraordinary profitability of the brand. Patek Philippe is currently led by Teri Stein, who inherited his father, Philip Stein.
4. The Bucherer family-1.75 billion Swiss francs (Bucherer Group, watch retail)
   The Bucherer Group is Europe’s largest watch retailer with an estimated annual sales of 1.5 billion Swiss francs and is currently led by Jorg Bucherer, a third-generation family member. The group is still owned by the same name family, with more than 30 watch shops, more than 10 jewellery shops, and various single-brand boutiques in Europe.
5. Schafer family-1.75 billion Swiss francs (Chopin)
   The Schafer family was originally a jeweler from the German city of Pforzheim, and took over the Chopard brand in 1963. The company is headquartered in Geneva and is currently led by Carl Schaefer and his son (Carl-Frederick) (Caroline Schaefer), with annual watch and jewelry sales reaching 570 million Swiss francs.
6.Borer family-1.75 billion Swiss francs (Rolex)
   The Aegler-Borer family is led by Harry Borer, now 89 years old, who once owned Rolex Biel, the sole supplier of Rolex Geneva movements. In 2004, Rolex Geneva took over Rolex Biel, leaving huge wealth for the Aegler-Borer family.
7. Audemars and Piguet family-950 million Swiss francs (Audemars Piguet)
   It is estimated that Audemars Piguet has annual sales of 800 million Swiss francs. At the same time, with the industry downturn in the past two years, Audemars Piguet is also one of the few luxury watch brands that can maintain growth, which has brought endless wealth to the descendants of the brand founder. At present, Audemars Piguet is planning to control more distribution channels independently, and the brand profitability is expected to be further improved in the next few years.
8. Schneider family-750 million Swiss francs (Breitling)
   Breitling has been owned by the Schneider family since 1979. Although Breitling has slowed down compared to its competitors in recent years, annual sales are still 370 million Swiss francs. It has been recently reported that Breitling is considering selling, but so far no suitor has appeared publicly.
9. Jean-Pierre Slav-325 million Swiss francs (Waterproof crown)
   Jean-Pierre Slav’s wealth comes from Boninchi SA, the company’s main supplier of crowns in Rolex’s history. In 2001, Slav sold the company to Rolex. He is now known for his car collection, including a Ferrari 250GTO.
10.Bernheim and Weil family-275 million Swiss francs (Raymond Weil)
   Now, Raymond Weil is headed by the grandson of the same founder. It is estimated that Raymond Weil has an annual sales of 210 million Swiss francs, and this number has been stable for many years.
11. Vartan Sirmakes-225 million Swiss francs (Famulin)
   Vartan Sirmakes is the co-founder of Franck Muller Watchland. After buying out of his own pocket, the company is now almost owned by him. Most of the time, Vartan Sirmakes stays in Monaco and Thailand. The company sells 285 million Swiss francs in watches and jewellery each year, focusing on the brand Francois Mulan.
12. Jean-Claude Beaver-175 million Swiss francs

 
   Jean-Claude Beaver is 67 years old. Fuxing Blancpain was sold to the Swatch Group, earning the first bucket of gold, and then doing the same for Hublot (sold to LVMH Group). Currently, Jean-Claude Beaver is the head of the LVMH Group’s watch division and the CEO of TAG Heuer and Zenith.

Creative Creeper Clifton Retrograde Date Watch

The Baume & Mercier Clifton series has been loved by many people since its launch, and the sales are also very good. Therefore, the new Crichton series watches will meet you as scheduled at the 2014 Geneva Watch Fair. . One of the key models is the Clayton retrograde date watch. This watch uses a retrograde date display with power reserve display and weekday indication. It is extremely creative and once again highlights the Baume & amp Mercier) in-depth expertise in small complex functions. Official model: MOA10149

   The Clayton series originates from the long history of Baume & Mercier, with the goal of blending the power of the times with the vitality of an international metropolis. Critton’s creative idea is that a perfect watch should be equipped with a movement that matches its aesthetic design, designed for people who really appreciate time and attention to detail, to accompany them to celebrate the success of today and meet the expectations of the future. For a long time, Baume & Mercier watches have been regarded as a testimony of an important anniversary, and has created a brand image that is closely linked to important moments in life. The Clifton retrograde date watch has also undeniably become a model for time beyond. ‘Aestheticism, only the highest quality watches’-this is the motto of Baume & Mercier since its creation in 1830, reflected in every detail of this watch, is the perfect interpretation of this maxim.

Detailed description of the function of the Baume & Mercier series retrograde date automatic watch

   The new Clifton retrograde date automatic watch is equipped with a 43 mm stainless steel case. The silver dial adopts the classic three-hand time indication method. It integrates power reserve display, day of the week display and retrograde date display functions. A unique way to show the wearer’s unique taste for exquisite machinery, elegant style and the beauty of balance.

   Every detail on the Cleton retrograde date watch and its dial has been meticulously crafted, and you can fully appreciate the beauty it emits with a single glance. The various functions on the dial need to find a The point of visual balance is to achieve perfect readability, and to seek the perfect balance, which is what Baume & Mercier is best at.

   The sun-satin-finished silver dial has a variety of display functions, the retrograde date at 3 o’clock, and the practical function uses a special display method to add a highlight to the watch.

   The power reserve display at 6 o’clock and the day of the week indicator at 9 o’clock use blue hands, echoing the blue scale on the minute ring on the outer circle of the dial.

   Viewed from the side, the watch has a certain thickness. The frosted case side and the polished front case form a difference, making the watch more textured. The new watch is an exquisite model for Baume & Mercier for enthusiasts of fine watchmaking. It has an outstanding appearance and is equipped with simple and practical complications.

   The watch is water-resistant to 50 meters and features a brown alligator strap with a triple folding safety clasp.

  The watch is equipped with a well-crafted self-winding mechanical movement, which can be seen through the transparent sapphire crystal case back. The barrel of the self-winding mechanical movement can provide up to 40 hours of running power when the barrel is full.

To sum up: This Cleton retrograde date watch has a large case size and outstanding details, which is memorable. The design inspiration of the watch is drawn from the glorious watchmaking model of the 1950s. It is equipped with a traditional self-winding mechanical movement and incorporates a retrograde date display function. The watch draws on classic elements and blends with modern style. It is a formal watch with its own personality, and it is worth recommending. At present, Baume & Mercier’s watches are still in the rising stage in China. If you want to take a low-profile route, you can pay attention to this brand and believe that there will be new discoveries.
More watch details: baume / 32417 /

What Brand Is Good For Women’s Watches? How To Choose A Women’s Watch?

Who said that watches are the patent of men? On women’s wrists, watches can also show charming charm. Especially for modern fashion women, watches can reveal a lot of styles. It will also make people more dazzling. However, many female friends are not very good at buying women’s watches. The following watch homes will introduce to you what brand of women’s watches.

How to choose a ladies watch
   Women’s watches usually play the role of jewelry. In the choice of materials, we can give priority to K gold, gold plating, gold and ceramics. Because these materials are more dazzling, it is easier to accentuate the temperament of women. You can choose according to your preference!
   The color of the watch can be selected according to its own skin tone. People with whiter skin can choose more colors. People with darker skin tones should not choose pink, light green and brown as the basic colors. People with yellow skin should not choose red and yellow watches!
What brand of female watch is good, brand recommendation
   FIYTA FIYTA

   Fiyta is the flagship watch company in China. It integrates watch research and development, design, manufacturing and sales. It has the famous brand ‘Fiyta’ and the commercial brand ‘Hengli’.
   Fiyta women’s watches are exquisite in craftsmanship and design ingenuity. Achieve overall aesthetics and design. From the hands to the buckle, it can show the graceful beauty of modern women.
   Chanel

   Chanel has made a famous French luxury jewelry brand, including clothing, watches, jewelry and accessories, cosmetics, skin care products, perfumes and other products, each of which is famous. Chanel is a well-known brand with a century-old history. Chanel’s products are always elegant, simple and exquisite.
   Chanel continues to introduce innovative variations, inlaid with jewellery, matte designs, limited editions, and even the world’s unique collection of watches. No matter how it is interpreted, the concise and modern Chanel watch is always a model in the field of watchmaking.
   Omega

   Omega is a well-known Swiss watch brand with a long history of more than 150 years. Now talking about Omega, it often represents the extraordinary quality of ‘perfection, extreme, excellence, achievement’. It also explains Omega’s business philosophy of pursuing ‘excellent quality’ and the spirit of ‘adhering to tradition and being brave in innovation’.
   Omega has been pursuing exquisite fashion and high quality ladies watches. In the combination of 18K rose gold and stainless steel, Omega is just right. Fully demonstrate the different elegant temperament and wisdom of modern women.
   Bulgari BVLGARI

   Bulgari is a well-known Italian jewelry brand known for its bold design and unique style. In the design of jewellery watches, the bold and avant-garde fashion design was also adopted, which has been warmly sought after by celebrities from all over the world.
   Bvlgari women’s watches are widely loved by the world for their atmosphere, detail and unique style. Bulgari pays attention to details, pursues quality and innovation, and creates timeless elegance.
   Chopard

   Chopard is a well-known Swiss watch and jewelry brand. Founded in 1860, Chopard has distinctive characteristics of jewelry watch design. Each Chopard product style adheres to the romantic and poetic creative design, which is full of fashionable and dynamic while taking into account the traditional craftsmanship.
   Chopard’s silhouettes can be found all over the world. Whether it’s the passionate Caribbean Sun Beach, the Japanese hot springs with cherry blossoms, the French Champs-Elysees Avenue, or even the foot of the Egyptian pyramids, we can find the luxurious figures of Chopard. And Chopard is also interpreting the beauty of women through its products!
   Cartier

   Similar to Chopard, Cartier is also a top watch and jewelry manufacturer. But Cartier came from France and was founded in Paris in 1847. Cartier is now a subsidiary of Richemont Group.
   Cartier’s history confirms the centuries-old history of modern jewellery. In its development, it has always maintained close ties with royal nobles and celebrities in various countries, and now it has become a luxury dream for women worldwide.

Arousing The Nostalgia Of Chinese People, The National Watch Remakes The Tide Coming

51 (China’s first commercialized watch), limited edition of 1,000 ‘Fu’ reprints.
In the past two years, the fashion circle ‘Shanggu’ is manifested in the field of watches. The most prominent one is the ‘Reissue’. While major brands pay tribute to the former boutiques, the always low-key domestic watches are also actively taking action. For them, this is a good market cut.
‘Everyone should take a look at our museum. In the history of Chinese watchmaking, we have too many firsts.’ Lu Jun was in charge of the Seagull movement in Hong Kong before becoming general manager of the Tianjin Seagull Watch Group in 2010. After 13 years of exporting, he knew exactly where the problem was. ‘Seagulls have a glorious history, but they need to be translated into the market.’
As the producer of the first watch in New China, the seagull has a high status in the hearts of Chinese people-but it is almost a memory of the last century. ‘Now that we have made major breakthroughs in technology, we have technologies such as tourbillons, perpetual calendars, and minute repeaters, and our tourbillon watches are also very popular with players-with an annual output of several thousand, all sold out ‘Lv Jun said,’ But this is like the Olympics. You can’t just stare at those unpopular events to get gold. ‘
He is talking about those more ‘friendly’ watches. They may not have complex and advanced functions, but they can also impress people instantly-such as re-engraving.
For example, as Lu Jun said, the seagull has a sufficiently glorious history. Perhaps it is the greater wealth of domestic watches than the tourbillon technology that is admired in the industry. It represents the common memory of several generations of Chinese. The ‘classic models’ of foreign watch brands often only ‘know the goods’, but the classic models of domestic watches, like pull-back sneakers, have no recognition obstacles in China.
For example, the famous ‘May Day’ watch was the first batch of watches produced in mass production in New China-in response to Mao Zedong’s instructions that ‘the watch should be produced more and the price should be lower’. Seagull in 2011
The chronograph-The project was initiated in April 1961, and the test opinion of ‘China’s First Aviation Watch’ was released in October 1965. In May 1966, the Tianjin Watch Factory decided to put into production a plan. At the end of October of the same year, 1,400 finished products were officially assembled. To the front line of the Chinese Air Force.
Launched a replica of this watch, the response is very good, so this year launched a replica ‘elite version’.
At the same time, Seagull also launched a replica of the ‘Chinese Air Force’s first aviation watch’-the secret code of the project was 304, so the replica was also named D304.
Apart from seagulls, Shanghai watches are doing the same thing. The nostalgic watches they launched used the Shanghai brand movement in the 1960s, were manually wound, the surface of the Bund and the all-steel case-everything could stir the nostalgia of Chinese people.
‘The watch industry is no longer technology-led, but market-led.’ Conway Kai, a well-known domestic watchmaker, said that it would be a good way for domestic brands to develop and explore more national connotations. Perhaps, the indiscriminate digging of the memory of the whole people is exactly an attempt by Guobiao to ‘counter attack’.

Categories: watches