Family Values: Patek Philippe’s Thierry and Philippe Stern

Thierry and Philippe Stern of Patek Philippe

Geneva’s Stern family has owned and operated Patek Philippe for 76 years. When it comes to making watches, they say, family matters. Click here to read WatchTime editor-in-chief Joe Thompson's … [Read more...]


Tech Talk: Montblanc’s TimeWriter II Chronographe Bi-Fréquence 1000

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If three watches constitute a trend, then measuring milliseconds, or 1/1,000s of a second, is a trend. Two watch brands, each with high-speed horological histories, have launched mechanical … [Read more...]


A. Lange & Söhne CEO Wilhelm Schmid: The WatchTime Q&A

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Wilhelm Schmid came aboard as CEO of the German luxury watch brand A. Lange & Sohne in January 2011 after eight years in senior sales and marketing positions at BMW. Recently, WatchTime sat down … [Read more...]


Stephen Forsey to be Keynote Speaker at AWCI 2012

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Fans of both classical and modern horology, take note: the American Watchmakers-Clockmakers Institute (AWCI) will be hosting its 2012 Convention and Educational Symposium on August 1st - 5th at the … [Read more...]


Panerai Radiomir 1940 Oro Rosso Revives Historic Case Design

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Vintage looks were a hot trend among the exhibiting brands at this year’s SIHH watch fair in Geneva, and Panerai was no exception. However, unlike so many of its contemporaries, whose vintage-style … [Read more...]


2011: The Year in Review Quiz, Part 1

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It's December, and you know what that means. It's time to look back. Have you been paying attention for the past 12 months? You knew there would be a quiz, right? Say goodbye to 2011 with this little … [Read more...]


Richemont Specialist Watchmaker Sales Up 34%

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At its Annual General Meeting held today in Geneva, Richemont announced that its overall sales for the five months ended August 31 increased by 29% at actual exchange rates. At constant exchange … [Read more...]


EU Probes Watch Manufacturers Over Parts Supply Policies

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European Union (EU) antitrust regulators have announced that they will investigate claims that luxury watch manufacturers are refusing to supply spare parts to independent watchmakers and repairers, a … [Read more...]


Richemont Reports Strong Results for the Fiscal Year Ended March 31

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Richemont saw strong sales growth across all segments and geographic regions for the year ended March 31, with the specialist watchmakers posting record sales and profits despite the stronger Swiss … [Read more...]


North American Institute of Swiss Watchmaking Celebrates First Graduating Class

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The North American Institute of Swiss Watchmaking celebrated its first graduating class on April 2. The Class is comprised of students who have completed a two year program and will receive a North … [Read more...]


TechnoMarine Appoints Jacques-Philippe Auriol CEO

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The Board of TechnoMarine SA has announced the appointment of Jacques-Philippe Auriol as Chief Executive Officer of TechnoMarine SA with immediate effect. Since 2007, Mr. Auriol has been developing … [Read more...]


Claude-Daniel Proellochs Passes Away

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Sources in Switzerland are reporting that former Vacheron Constantin CEO Claude-Daniel Proellochs died in his sleep in Neuchâtel this past Sunday evening following a short battle with cancer. … [Read more...]


2010: The Year In Review Quiz, Part II

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Once again we look at the biggest and smallest stories of the year. Were you paying attention? As always, the answers appear at the end. Good luck! … [Read more...]


Rolex Romps 7 Million Chronometers in a Decade

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Watch enthusiasts know that when it comes to producing Swiss chronometers, there are the Big Three Brands – Rolex, Omega and Breitling – and then there’s all the rest. Just how big the Big Three … [Read more...]


30 Minutes with Lutz Bethge Montblanc’s CEO discusses the brand’s high-watchmaking ambitions.

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When Montblanc unveiled its Metamorphosis watch at the SIHH watch show in Geneva in January, many believed it would be years before the exotic new chronograph would be ready for market. After all, the … [Read more...]


Richemont Reports Strong Sales Results

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Richemont has announced that its sales for the five months ended August 31 2010 increased by 37 percent at actual exchange rates. At constant exchange rates and excluding the impact on sales of the … [Read more...]


Cartier Sues Online “Flash” Retailer HauteLook Over Watch Sales

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Cartier has sued HauteLook, Inc. in federal court in Manhattan alleging the Los Angeles-based retailer falsely claims to offer new Cartier goods at deep discounts based on a special relationship with … [Read more...]


Switzerland Mourns Its Watch “Messiah”

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Switzerland has responded to the sudden death of Swatch Group Chairman Nicolas G. Hayek on June 28 with a rare outpouring of grief, praise, and appreciation. Hayek, 82, was born in Beirut, Lebanon, … [Read more...]


Ulysse Nardin, Audemars Piguet Raise Eurozone Prices as Sales Rebound

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Reuters correspondent Silke Koltrowitz interviewed Ulysee Nardin President and CEO Rolf Schnyder and Audemars Piguet CEO Philippe Merk at the Global Luxury Summit in Paris earlier this month. Both men … [Read more...]


The Good, the Bad, and the Ugly: Watch Company Financial Results for 2009

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For the most part, the Great Recession of 2009 pretty much mugged corporate sales and profits. In the watch sector, for example, the Bulgari and Movado groups reported red ink for the year. But there … [Read more...]