Jaeger-LeCoultre’s Lambert to Become CEO of Montblanc

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As our "Watch Insider" Alexander Linz reported as a rumor in his blog earlier this week, the Richemont Group has announced changes in its Group Management Committee that will result in new leadership at one of its luxury maisons, Montblanc. Click here to read the official release from Richemont. … [Read more...]

Million Dollar Club 2012: Watch Advertising at All-Time High

Top Four Watch Advertisers 2012

In an exclusive report in the upcoming May-June issue of WatchTime, we reveal which watch brands are spending the most on advertising in 2012, a record year for watch-company ad spending, and we provide a complete list of the 60 brands that spent more than $1 million on ads. … [Read more...]

Seconds City: Exploring La Chaux-de-Fonds

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In our March-April issue, on sale now on newsstands and for the iPad, Norma Buchanan visits the Swiss watchmaking town of Le Locle. In this feature story from our June 2009 issue, Buchanan journeys to another cradle of Swiss horology, La Chaux-de-Fonds, a town that is still, as Karl Marx described it a century and a half ago, “one giant watch factory.” … [Read more...]

Former Rolex CEO Heiniger Dies

Patrick Heiniger of Rolex

Rolex SA has announced that Patrick Heiniger, the company's managing director and chief executive officer from 1992 to 2008, has died. Click the link to read the official statement from Rolex. … [Read more...]

Inside Rolex’s Bienne Manufacture: Photo Slideshow

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In October, WatchTime traveled to Bienne, Switzerland to attend the official opening of the new building that will eventually house all Rolex mechanical movement manufacturing operations. Our story detailing the visit appears in the February issue, which goes on sale January 15. The story contains several images, and below we present a slideshow with an additional 22 exterior and interior shots. … [Read more...]

WatchTime Exclusive: Inside Rolex Bienne

Rolex Bienne building

On a rare tour of Rolex’s movement-manufacturing complex in Bienne, Switzerland, WatchTime's Joe Thompson and Norma Buchanan witnessed the making of the Cosmograph Daytona Caliber 4130. Buchanan reported on it in this feature from our March-April 2010 issue. … [Read more...]

Mountain Climbing: Montblanc’s Journey to Haute Horlogerie

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In this profile piece from WatchTime's January-February 2009 issue, executive editor Norma Buchanan reveals how Montblanc, a brand best known for pens, entered the heady world of haute horlogerie, and explores the brand's ultra-complicated Grand Tourbillon Heures Mystérieuses. … [Read more...]

TAG Heuer Takes Top Prize at 12th Geneva Watchmaking Grand Prix

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The prize-giving ceremony of the 12th annual Geneva Watchmaking Grand Prix (GPHG) — the luxury-watch world's version of Oscar night — took place at the Grand Théâtre de Genève on November 15. This year, it was TAG Heuer's high-tech Mikrogirder model that took home the prestigious Aiguille d'Or grand prize. … [Read more...]

Seven Questions for Breitling VP Jean-Paul Girardin

Breitling VP Jean-Paul Girardin

In our November-December issue, on sale now, Rüdiger Bucher, editor-in-chief of WatchTime's German sister magazine, Chronos, speaks to Breitling Vice President Jean-Paul Girardin about a wide variety of topics, including the development of its in-house B01 chronograph caliber. Click here for excerpts from the interview. … [Read more...]

Bonus Audio: WatchTime’s Interview with Ulysse Nardin CEO Patrik Hoffman

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In the November-December issue of WatchTime, on sale next week, technical editor Mike Disher profiles Ulysse Nardin and its ambitious new CEO, Patrik Hoffman. Below, you can listen to excerpts from the wide-ranging interview. … [Read more...]

The Greening of Jaeger-LeCoultre Continues With Electric Company Car

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After setting up public transport service by bus and encouraging car-sharing since October 2007, Jaeger-LeCoultre is now confirming its commitment to environmental protection by replacing one of its company cars with an electric car branded Jaeger-LeCoultre. Jaeger-LeCoultre is also devoting three parking places to employees’ electric cars. The three spots will be equipped with an electric … [Read more...]

Selections Announced for 2012 Geneva Watchmaking Grand Prix

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The Foundation of the Watchmaking Grand Prix has announced that the prize-giving ceremony for the 12th Geneva Watchmaking Grand Prix (GPHG) will take place on Thursday, November 15, 2012 at the Grand Théâtre de Genève. The GPHG has also announced the list of 70 nominated watches in seven categories. … [Read more...]

Bonus Audio: Excerpts from Our Interview with Festina Group’s Jean-Claude Schwarz

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In the September-October 2012 issue of WatchTime, on sale September 11, executive editor Norma Buchanan profiles the Festina Group, one of the few companies that make movements, including hairsprings, from scratch, and hopes to cash in on cutbacks by the Swatch Group. Click below the photos to listen to audio outtakes from her exclusive interview with Festina Group's Swiss CEO Jean-Claude Schwarz. … [Read more...]

Perrelet Launches Alternance 10 In-House Movement

Perrelet Caliber A10

Swiss watch manufacturer Perrelet has added its name to the growing list of manufacture brands with the introduction of an independently produced caliber, an automatic double-rotor movement called Alternance 10, or A10. … [Read more...]

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 up-close-and-personal profile of Philippe and Thierry Stern from our December 2008 issue. … [Read more...]

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

ALS CEO Wilhelm Schmid

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 with Schmid at the New York City offices of Lange's parent company, the Richemont Group, for a conversation about his growth plans for Lange, his passion for watches, and the challenges of keeping the … [Read more...]

Swatch President Arlette Emch Announces Retirement

Arlette Emch and Stephen Urquhart

National Jeweler reports that the Swatch Group's Arlette-Elsa Emch, president of the Swatch and CK brands, will retire from her post next month. (Click here for the article.) Emch joined the Swatch Group in 1992 and has managed the Swatch brand since 2009. For the Swatch Group's official corporate bio of Emch, click here. FYI, Arlette Emch is the mother of Manuel Emch, also formerly of Swatch … [Read more...]

Merk Out as CEO, Bennahmias In as Interim GM in Audemars Piguet Shakeup

Francois Benhamias

Family-owned Swiss watch firm Audemars Piguet has announced that its Board of Directors has reached an agreement with Philippe Merk, the company's chief executive officer, to terminate their collaboration, citing "differences in company strategy." The company also announced that it is promoting Francois-Henry Bennahmias to the position of general manager ad interim. … [Read more...]

Million-Dollar Club: What Watch Brands Spent the Most on Advertising in 2011?

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If watch advertising is a barometer of the health of a market — and it is — then the U.S. watch market is bouncing back after the catastrophe of 2009. Spending on watch advertising in the United States jumped 16 percent in 2011 to $365.8 million, indicating that the watch market here is improving. … [Read more...]

Panerai Breaks Ground on New Manufacture in Neuchâtel

Panerai new manufacture rendering

Ten years after opening its manufacture in Neuchâtel, Switzerland, Officine Panerai has announced that it will be breaking ground on a new factory at Pierre-à-Bot, on the hills above Neuchâtel. All the company's development, production and assembly of watches and movements will be transferred to the new production facility, set to open by the end of 2013. … [Read more...]