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Audemars Piquet-Sponsored Hydrofoil Trimaran Sets World Speed Record

The trimaran l’Hydroptère has established itself as the fastest sailing craft on the planet, setting a new world speed record with an average speed of 50.17 knots (57.73 mph) over one nautical mile. Fifty knots per hour is a magical threshold for sailing, similar to the sound barrier for aviation. Alain Thébault and his ten-man...

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Nov 23, 2009 by WatchTime

Jaeger-LeCoultre Climbers Scale Himalayan Peak

They made it! On October 28, the climbers reached the top. Stéphane Schaffter, a Swiss alpinist, Lhakpa Tenzing Sherpa (known as Apa Sherpa) who has a record 19 Everest ascents under his belt, and Little Karim Balti, who has accompanied many sportsmen on expeditions above 8,000 meters, scaled the virgin peak, and as the first...

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Nov 23, 2009 by WatchTime

What Are These Guys Up To?

TechnoMarine made a big splash a decade ago. A new team is hoping to do it again. The image of (left to right) Christian Viros, Vincent Perriard, and Steven Cohen, nearly up to their necks in water, is designed to make us wonder what these three bobbing Pep Boys are up to. The image is...

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Nov 22, 2009 by Joe Thompson

Christie’s Geneva Auction Achieves Over SFr. 19 Million

Christie’s November 16 Geneva auction set nine world record prices for Patek and Rolex references on the way to achieving the highest total for any watch auction in 2009: SFr. 19,032,388, or just under $19 million. This was nearly twice the pre-sale low estimate. The results reflected sales of 97% by value and 94% by...

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Nov 19, 2009 by WatchTime

New Watch Brand Carbon14 Offers Environmental Award

New watch brand Carbon14 launched last month at Ecofest, New York City’s largest environmental conference and festival. More than 10,000 people attended the multi-day event. The brand, also known as C14, offers 3 collections called Air, Earth, and Water. To spotlight the brand’s environmental focus, it is offering the $50,000 C14 Environmental Award.

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Nov 4, 2009 by WatchTime

De Bethune DB25 Moon Phase With Silicon Balance Wheel

This latest addition to De Bethune’s DB25 family is fitted with a new hand-wound mechanical caliber with a six-day power reserve, based on the DB2105 movement. The silicon balance wheel, used for the first time in a production movement, is the product of research undertaken since 2002 focused on improving the oscillator. Together with the...

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Nov 2, 2009 by WatchTime

Raymond Weil Forms U.S.A. Distribution Company

Raymond Weil Genève has announced the establishment of its own distribution company in the United States, RW USA Corp. This new company marks a transition from the brand’s stewardship in the United States from Benny Shabtai and Seville Watch Corporation, who has led the brand here for over 33 years.

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Nov 1, 2009 by WatchTime

Patek Philippe’s Thierry Stern: Past, Present, Future

WatchTime’s last feature, titled “Executive Sweep”, looked at the number of top watch company executives being replaced as a result of the economic downturn. This new article focuses on a transfer of executive power of a different type altogether. At family-owned Patek Philippe, top executives do not come and go. This story is about the...

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Oct 25, 2009 by WatchTime

Cuervo y Sobrinos Opens First Flagship Store in Havana

Cuervo y Sobrinos, the Swiss watch brand with its origins in Havana, is opening a boutique/museum in the central historic district of Havana. CYS will be the first international watch brand to inaugurate its own store on the island of Cuba. “El Reloj Cuervo y Sobrinos” is located in a historic 19th century building opposite...

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Oct 16, 2009 by WatchTime

Richard Mille Diver’s Watch RM028

Richard Mille’s first foray into the dive watch genre was the $495,000, RM025 tourbillon chronograph measuring 50.7mm in diameter and 19.1mm thick. His new RM028 diver is more in tune with the times – a bit smaller and a bit simpler. The RM028 measures 47mm x 14.6mm and it offers hours, minutes, central seconds and...

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Oct 12, 2009 by WatchTime

Executive Sweep

September was a tough month for watch executives, and not just because of the continuing slump in sales. A small army of top executives – three worldwide CEOs, and five U.S. ones – resigned or were fired.

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Oct 12, 2009 by Norma Buchanan

Confrérie Horlogère La Clef du Temps Tourbillon

If you ever wished time could pass more quickly, or more slowly, now it can, at least on your wrist. The Clef du Temps Tourbillon is the brainchild of Mathias Buttet, founder of Confrérie Horlogère. The timepiece incorporates a mechanism that allows the owner to modulate the speed of time or, more precisely, to control...

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Oct 9, 2009 by WatchTime

Jaeger-LeCoultre-Backed Team Prepares for Himalayan Ascent

A team of three mountaineers lead by a Swiss climber has arrived at their 5,200 meter base camp in Nepal to prepare for an ascent of a never-before-conquered peak. On their wrists are three Jaeger-LeCoultre timepieces: a 1958 Geophysic Chronometer, a Master Compressor Extreme Lab, and a new and as yet undisclosed extreme creation prepared...

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Oct 8, 2009 by WatchTime

Montres Corum Sàrl Acquires Corum USA LLC

Montres Corum Sàrl signed an agreement effective October 1 giving it control of Corum USA LLC, the exclusive distribution agent of Corum’s timepieces in the North American and Caribbean markets. Corum states that the acquisition is in line with their global distribution policy and allows a stronger presence for the brand in the American market,...

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Oct 6, 2009 by WatchTime

Omega to be Official Olympic Timekeeper Through 2020

Omega has signed an agreement with the IOC to be the official timekeeper for the Olympic Games through 2020. The signing ceremony and announcement took place at the Olympic Museum in Lausanne, Switzerland. Omega’s relationship with the Olympics dates to the 1932 Los Angeles games, where they became the first company entrusted with the official...

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Oct 2, 2009 by WatchTime

Vacheron Constantin Creates Special Quai de l’Ile to Benefit Charity

Following the Only Watch 2009 auction, Vacheron Constantin announced that it is creating a special series of 100 numbered Quai de l’Ile timepieces that will enable the company to donate an additional SFr.100,000 to the Monaco Association against Muscular Dystrophy. The limited edition pieces will feature cases made from tantalum and in palladium, and the...

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Sep 30, 2009 by WatchTime

Only Watch Raises €2,285,500 for Duchenne Muscular Dystrophy

The Only Watch auction held September 24 raised €2,285,500 (slightly under $3,350,000) for research into Duchenne muscular dystrophy, a childhood disease. In all, Patrizzi & Co. auctioned 34 exceptional timepieces at the event, which took place during the Monaco Yacht Show. A unique Patek Philippe ref. 5160 brought the top bid of €535,000.00 or more...

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Sep 28, 2009 by WatchTime

Breitling Cosmonaute Limited Edition

The year was 1962. The space race was well under way, and as a supplier to civilian and military aviation, Breitling took a keen interest in this new adventure. Using the Navitimer chronograph as a base, the brand’s technicians developed the Cosmonaute, a space-going version of this instrument indicating the daily 24 hours in a...

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Sep 26, 2009 by WatchTime

Breguet Marie-Antoinette No. 1160 Coming to LA and NYC

Breguet No. 160 generated two of the greatest mysteries in watchmaking: who ordered it, and who stole it? Commissioned by an unknown admirer of Marie-Antoinette in 1783 as a gift for the queen, it was not completed until 1827, 34 years after her death. In 1983 it was stolen from a Jerusalem museum in a...

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Sep 25, 2009 by WatchTime

Foundation Stone Ceremony for Jaquet Droz

On September 9, 2009, Nicolas G. Hayek, Chairman of the Swatch Group, Nick Hayek, CEO of the Swatch Group, and Manuel Emch, President of Montres Jaquet Droz, laid the foundation stone of the new Jaquet Droz Manufacture located in the small, green valley of Le Crêt-du-Locle in the Neuchâtel Mountains.

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Sep 19, 2009 by WatchTime