Movado Group Announces Results and Retail Boutique Closings

Movado

Movado Group, Inc. has announced its first quarter results. The company enjoyed top-line growth of 25%, though the bottom line did not fair as well, with an adjusted net loss of $4.8 million. The company also announced that it will close its retail boutique division effective June 30, 2010 in an effort to redirect investment toward higher return businesses. The move does not affect the company's … [Read more...]

Visual Quiz: Off the Cuff

Off the Cuff

Here's another test of your watchspotting skills. We've lined up 15 watches, covered more or less (mostly more) by a shirt cuff. Your task is to identify as many as you can. They start out easy, but they get tougher as you progress. As always, the answers appear at the bottom. Good luck! … [Read more...]

The NPD Group Acquires LGI Network

NPD LGI Acquisition

The NPD Group, a leading market research company, announced that it has acquired LGI Network, which provides retail point-of-sale information on fine watches and branded jewelry. NPD tracks sales of fashion watches and other accessories through its consumer and retail tracking services. … [Read more...]

Antiquorum Auctioneers New York

Auction, Important Collectors' Wristwatches, Pocket Watches & Clocks … [Read more...]

Sotheby’s London

Important Watches and Clocks … [Read more...]

Just in Time for the 500: TW Steel Launches Dario Franchitti Edition

TW Steel Dario Franchitti Edition

Based on TW Steel’s TECH design, the Dario Franchitti Edition was produced in collaboration with the two-time IndyCar Series Champion and 2007 Indianapolis 500 winner. The watch features blue, green and red highlights - Franchitti’s helmet colors, reflecting the Scottish and Italian flags that symbolize his heritage. … [Read more...]

7000 Fake Rolexes Steamrolled in Philadelphia

Crushed counterfeits

U.S. Customs authorities oversaw the destruction of about 7000 counterfeit Rolex watches at a contractor's site in Philadelphia. The fakes met their fate under a multi-ton double-drum steamroller, which ran over the watches about 10 times. Customs officials staged the destruction to highlight law enforcement's role in protecting intellectual property rights. … [Read more...]

Suunto Elementum Terra: Luxury for Mountaineers

Suunto Elementum Terra

The Suunto Elementum Terra provides essential information for urban and wilderness exploration and survival. Functions include an altimeter, a barometer for predicting the weather, and a compass for navigation. The stylishly rugged Terra combines form and function and is designed to serve owners well on an 8000 meter peak, and in the boardroom. … [Read more...]

Concord C1 MecaTech Chronograph

Concord MecaTech

The Concord C1 MecaTech chronograph presents a study in multi-level dial complexity. Every square millimeter offers a line, a texture, a non-traditional display, or a new elevation. The two-tone black PVD and rose gold case measuring 44mm x 16.7mm creates the impression of bank-vault security. A matte-black grid in the center of the dial provides the base for the arrow pointers that rest above the … [Read more...]

Past Forward

Parmigiani restoration

Enthusiasts and collectors know Michel Parmigiani’s eponymous Fleurier-based brand. Less well known is his work as a master restorer of historical treasures. Trusted by leading collectors and museums, the Parmigiani atelier brings wonders from the past back to life, employing wide-ranging skills, and a bit of sleuthing. … [Read more...]

Hublot Celebrates FIFA World Cup Timekeeper Role With Official World Cup Watch

Hublot FIFA World Cup Watch

Hublot has announced the signing of one of the most prestigious agreements in its history. The brand will serve as the Official Timekeeper and Official Watch for the next two FIFA World Cup events in 2010 and 2014. This is the first time in FIFA World Cup history that a watchmaking brand will serve as the Official FIFA Timekeeper and have a presence on the substitution board. … [Read more...]

Concord C1 Eternal Gravity

Concord C1 Eternal Gravity

Concord might have dubbed this unique piece the Time Warp. Just looking at it transports me back a few years to those giddy days of carefree spending. I’m going to go out on a limb and guess that the $1.2 million C1 Eternal Gravity was not created with the U.S. market in mind. As we all know, the watch words here (pun intended) are sensible, rational, and reasonably priced. … [Read more...]

Audemars Piguet “Time to Give” Auction

Audemars Piguet teamed with A-List celebrities to raise funds for Broadway Cares/Equity Fights AIDS at the "Time to Give” auction in New York City. The event is a collaboration between AP and the Tony Awards. The highlight of the evening was a live auction of 13 celebrity-autographed timepieces. Signatures from Meryl Streep, Vanessa Williams, Hugh Jackman, Scarlett Johansson and others brought … [Read more...]

Aston Martin V12 Vantage Confirmed for the Americas

Aston Martin V12 Vantage

Aston Martin has confirmed that in response to strong customer demand, the V12 Vantage – the most potent production sports car in the marque’s 96-year history - will be made available in North and South America beginning later this year. Based on the successful V8 Vantage, the V12 Vantage features a 6.0 liter V12 engine producing 510 bhp and 420 lb ft of torque with a top speed of 190 mph … [Read more...]

Linde Werdelin SpidoLite SA Skeleton Dial

SpidoLite SA in black DLC

Launched in 2006 by Morten Linde and Jorn Werdelin, Linde Werdelin watches bring together Swiss watchmaking and innovative Danish design and technology. The company specializes in producing small watch series between 22 and 222 pieces for each model. For 2010 Linde Werdelin is launching a new series called SpidoLite, one version of which offers something special: a NOS (new, old stock) A. Schild … [Read more...]

Girard-Perregaux 35th Anniversary Laureato Quartz

Girard-Perregaux 35th Anniversary Laureato

2010 marks a double anniversary for Girard-Perregaux: 35 years of the Laureato collection and 40 years since its first quartz wristwatches. The Manufacture played an important role in the development of quartz movements; it set the frequency of 32,768 Hz, since adopted by all manufacturers as the universal standard.   The Story of Quartz at Girard-Perregaux In the 1960s, Girard-Perregaux … [Read more...]

Auction Round-up: Historical Resurgence

Auction Round-up

The spring auction season has come to an end and in the horological collecting world as in the world at large, the flight to quality assets and the ascendance of Asia are dominant themes. As the price of gold climbs, so too do auction prices for the best pieces: rare Patek Philippe timepieces, especially vintage models - the gold ingots of the watch world, and unique, important historical pieces. … [Read more...]

Christie’s Geneva Sale Realizes Over $21 Million

Christie's Top Lot

Christie's Geneva sale of important watches generated an impressive $21,099,940, far exceeding the pre-sale high estimate of about $15.8 million. Nearly 370 watches were offered with 96% selling by value and by lot. The sale included "A Connoisseur's Vision, Part II", and along with the "Connoisseur's Vision Part I" group offered this past November, the two sales represent the most important … [Read more...]

Carl F. Bucherer and CEO Thomas Morf Part Ways

Thomas Morf

Swiss manufacturer Carl F. Bucherer, creator of the CFB A1000 movement with peripheral winding rotor, announced Friday that the company and CEO Thomas Morf will part ways with immediate effect. No reasons were given for the departure. Bucherer Group will continue with development and expansion of the Carl F. Bucherer brand. … [Read more...]

Time Test: French Twist

French Test

Watchmaking has its own mini-language: a set of French terms with specific horological definitions. Match the following words with their meanings. The answers appear at the bottom in the form of 3-C, 5-G, etc. (To find out how to pronounce these words, see Part 2 of our Pronunciation Guide in the WatchTime.com “Reference Center” section.) … [Read more...]