Richard Mille announces new Music Partner; GJEPC announces Leadership Change; A. Lange & Sohne presents LANGE 1 TIME ZONE

   
 
 

Market News

 

Saudi Arabia to levy 15% VAT on goods imported via e-commerce as of July 1st

The Saudi Customs has confirmed that goods imported from outside Saudi Arabia through e-commerce transactions will be subject to a 15 per cent Value Added Tax (VAT) from July 1. The adjusted tax applies to all supplies of taxable goods or services imported into the Kingdom and currently subject to the 5 per cent rate. Early last month, Saudi Arabia announced it would triple its VAT from 5 per cent to 15 per cent as part of measures to shore up its economy hit by the impact of Covid-19 and low oil prices.
 
 

Company News

 

Richard Mille announces new Music Partner

Their respective defences of a profoundly contemporary art form, unshackled and uncompromising, create a natural bond between Thomas Roussel and Richard Mille. They have in common a passion for contemporary art and artistic professions whose ceaseless invention is always anchored in great precision. Thomas Roussel’s entry into the Richard Mille family is fully in keeping with the brand’s commitment to contemporary creation—from its acquisition of the Éditions Cercle d’Art, founded with the support of Pablo Picasso, to its partnerships with Frieze, the leading contemporary art fair and with the Palais de Tokyo in Paris.
 

GJEPC announces Leadership Change

The Gem and Jewellery Export Promotion Council (GJEPC), apex body for gems and jewellery trade in India, under the aegis of Ministry of Commerce, Government of India, announced the appointment of Colin Shah as the Chairman of GJEPC. Colin Shah will take charge as Chairman from the outgoing Chairman Pramod Kumar Agrawal. Also, Vipul Shah has been elected and appointed as the Vice Chairman of GJEPC. The new management will take charge from 23rd of June 2020 and will have a tenure of two years till 2022. Both the gems and jewellery industry captains have a successful track record. Colin Shah being the current Vice Chairman of GJEPC takes over after completion of the term of the previous Chairman Pramod Agrawal,   Vipul Shah has been elected unanimously by the gems and jewellery export members.
 
 

Product Launch

 

A. Lange & Sohne presents LANGE 1 TIME ZONE

Fifteen years after its launch, A.lange & Sohne presented via Zoom conference to the Middle East Media its latest iconic the LANGE 1 TIME ZONE, which indicates the time at home and in another time zone at a glance. The new watch incorporated a new manufacture caliber with a ring-shaped day/night indicators assure good legibility and the new daylight saving time function is a useful addition. The time-zone watch comes in three case/dial combinations: pink gold/argenté, white gold/black and – in a limited edition of 100 – yellow gold/champagne.
 

BOVET 1822 unveils Récital 26 Brainstorm® Chapter Two

Following the lauded success of the Récital 26 Brainstorm® Chapter One, Mr. Pascal Raffy, owner of the House of Bovet 1822, and the skilled artisans of the House of Bovet are honored to premiere the Récital 26 Brainstorm® Chapter Two, presented in the iconic sloped writing case that features Bovet’s patented Double-sided flying tourbillon, a second-time zone with a twenty-four city disc, a precision moon phase while offering the chronometry of 5 days power reserve with only a single barrel. The Brainstorm Chapter Two is the second timepiece in the Bovet collection to be fitted with a sapphire crystal case in the emblematic writing case with an asymmetrical profile imagined by Mr. Pascal Raffy in 2016. The slope of its bezel allows the collector to explore new display mechanisms that guarantee intuitive and increased readability.

 

Chopard launches two new editions of Happy Sport

Born from the inventiveness of Caroline Scheufele, Co-President and Artistic Director of Chopard, the Happy Sport watch has been continuously propagating its free spirit and modernity through the watchmaking world since its creation in 1993. Today, the icon continues to distil its aura of happiness and Joie de Vivre through two new editions measuring 30 millimetres in diameter and dressed in red. The first, in ethical 18-carat rose gold, gives pride of place to jewellery crafts thanks to a generous diamond and ruby setting. The second combines stainless steel with ethical 18-carat rose gold for a flamboyant bi-material version.
 

OMEGA launches new dials for the De Ville Prestige

Throughout OMEGA’s iconic history, the renowned Swiss watchmaker has earned a special reputation for its advancements in the art of Tourbillon craftsmanship. Today, the next chapter in the story is unveiled, through the release of the new De Ville Tourbillon Numbered Edition. The exceptional timepiece is OMEGA’s first ever Master Chronometer certified manual-winding central Tourbillon. Not only does this certification assure the Swiss industry’s highest standard of precision and performance, but it also serves as a testament to OMEGA’s expert watchmakers, who have crafted a tourbillon cage that is able to keep rotating even under a magnetic field of 15,000 gauss. The skilled watchmakers also set the Tourbillon’s speed to one revolution per minute allowing the display of seconds, which is essential for achieving certification.

 

The TAG Heuer Carrera 160 Years Montreal Limited Edition

After unveiling the TAG Heuer Carrera 160 Years Silver Dial Limited Edition at the beginning of the year to kick off the luxury watchmaker’s 160th anniversary, the brand is now introducing a second collector’s edition to mark the historic milestone: the TAG Heuer Carrera 160 Years Montreal Limited Edition. “Montreal” was the name of a collection of luminous and captivating Heuer automatic chronographs launched in 1972. Now, the Montreal design makes a striking comeback in the form of an elegant 39 mm TAG Heuer Carrera that is limited to only 1,000 pieces.

 

IWC launches Special Edition Pilot’s Watch

During the second half of 2019, two British pilots circumnavigated the world in a Spitfire for the first time in the history of aviation. The main partner of the “Silver Spitfire - The Longest Flight” expedition, IWC has now created an exceptional pilot’s watch to honour the record-breaking flight of Steve Boultbee Brooks and Matt Jones. The Big Pilot’s Watch Big Date Spitfire Edition “Mission Accomplished” (Ref. IW510506) is limited to 500 pieces. A unique engraving on the case back commemorates the successful completion of the “Silver Spitfire - The Longest Flight” expedition, which IWC supported as the primary sponsor and “Official Timekeeper”.
 

Franck Muller and Rolls-Royce teamed up to create unique masterpieces

Fine watchmaking and the pinnacle of motor cars share the same philosophy - excellence, craftsmanship and creativity. Franck Muller and Rolls-Royce Motor Cars Geneva teamed up for a very personal journey to create a unique masterpiece which reflects the exclusive aura of both worlds. The ultimate Gran Tourismo for the connoisseur and most powerful Rolls-Royce, Wraith Black Badge, is the natural choice to serve as a face for such unique project. The individual personality of both brands will materialize in a Bespoke Black Badge collection inspired by Franck Muller’s famous “Crazy Hours”.
 

Jaquet Droz introduces Petite Heure Minute "Tiger"

The Petite Heure Minute model has been chosen to free up maximum space on the dial to display the full intensity of the Tiger’s glaze in the miniature painting. The Ateliers d'Art have also been able to express their quintessential expertise by representing (on a black or ivory Grand Feu enamel dial) the intensity of the feline’s gaze. On a black dial (with case in white gold), a white Tiger with ice blue eyes has delicately been painted using fine brushes, some as thin as a strand of hair. On the ivory dial (with case in red gold), the Tiger displays its famous black and orange fur with green eyes, the most famous characteristics of its species.
 

Gucci unveils new limited-edition Gucci Dive watch in partnership with Fnatic

Gucci’s contemporary Dive watch becomes the focus of a new collaboration harnessing and celebrating the spirit of gaming. In partnership with the global esports entertainment organisation Fnatic, the House is launching a limited-edition collection of Gucci Dive watches, bringing Gucci’s eclectic aesthetic into the world of gaming. Inspired by Fnatic’s prominent League of Legends team, this unique timepiece features Fnatic’s logo and signature black and orange colouring. Now available on gucci.com, the new Gucci Dive is eminently collectible, with only one hundred individually numbered pieces being made. 

 

Parmigiani Fleurier Toric Tourbillon Slate

For the launch of the Watches & Wonders digital platform, Parmigiani Fleurier has introduced the new Toric Tourbillon Slate, a distinguished timepiece representing the quintessence of refined watchmaking. The ultra-thin PF517 movement, comprising a platinum micro-rotor, bridges with côtes de Genève decoration, and flying tourbillon, was developed following in-depth studies by the Manufacture's master watchmakers. To keep the piece as slim as possible, the tourbillon was in fact integrated in the movement's main plate. The position of the tourbillon at 7 o'clock on the dial is a nod to the brand's founder, Michel Parmigiani, who was born at 7:08 am on December 2nd, 1950.

 

Longines introduces Heritage Classic Tuxedo Collection

Following many successful models that paid homage to past models, such as early diving instruments or military pieces, the brand now looks at another angle with civilian watches from the 1940s; the so-called ‘Tuxedo’ watches due to their combination of white and black colours. In 2020, the brand resurrects two models. The two watches are now reissued with a faithful and very attractive design, modernized dimensions, powerful modern automatic movements and multiple details that will certainly appeal to vintage lovers. This new collection for 2020 is named ‘Longines Heritage Classic Tuxedo’ and comprises two models - both similar and different at the same time.
 

Rado Captain Cook Bronze Automatic

The new Rado Captain Cook in bronze and high-tech ceramic lives up to its billing. This is a strong look in a muscular watch, created by combining the oldest man-made material with a modern materials marvel. The Captain Cook’s striking good looks come from the lush green and earthy bronze tones. These are colours from nature that bring out the best in each other and make each other ‘pop’. It’s a winning combination that is designed to stand the test of time and transcend trends. Its perfectly toned body is a combination of a bronze case, box-shaped sapphire crystal, bronze bezel with high-tech ceramic insert and a titanium case back with sapphire crystal. The dark green leather strap offers the perfect finish for such a handsome specimen.
 

Fabergé celebrates July’s Birthstone: Ruby

Rubies have an almost otherworldly quality that has captivated and delighted humanity throughout the ages. July’s birthstone has been featured in Fabergé’s collections for over a century. The colour of love and passion, rubies are as rare as they are regal. In ancient Sanskrit, this gemstone was called ratnaraj, which translates as ‘king of precious gemstones’. The colour spectrum of remarkable rubies varies from brownish-red to orangey-red to purplish-red to pinkish-red. Neither too dark nor too light, and evenly distributed throughout the gemstone, these hues are celebrated in all their glory within Fabergé’s collections of jewellery, timepieces and objets d’art.
 

Messika’s Lucky Move Colours: Black like Onyx

Black like Onyx: The colour for daring women who are defiant and not faint-hearted. Both strong and feminine, these women are not afraid to make their voices heard. With intense black, this stone is a symbol of strength. The stone reflects the strong character of those adopting this mantra. This bold move of Lucky Move Colours was a creative challenge for Vale´rie Messika, the daughter of a diamond dealer, who has always stayed true to her gem of choice. The Lucky Move Colours collection comes in 9 colors with 9 supporting mantras to embrace a different facets of the Messika woman’s personality.
 

Summer Shades with Cleo by Marli New York

This summer, MARLI invites you to take a journey through the vivid and eloquent shades found in the most iconic MARLI collection of all, Cleo by MARLI. A story of matching the most coveted and unique stones with complementing gold, silver or diamonds, MARLI’s summer shades are to shine through this summer 2020 for each and every discerning woman of the world. An array of gemstones are to pay homage to the complexity and beauty of emotions as well as the many distinctive personalities found in women. Each shade of stone represents three intricate emotions, which the wearer can embody in their day to day lives, making MARLI New York one of the first international fine jewellery brand to offer a variety of detailed colour options, for every season.
 

Montegrappa honors Raffaello 500th Anniversary

The most exclusive techniques of high-craft have been used for the Raffaello collection. Alongside da Vinci and Michelangelo, Raphael’s virtuoso talent laid a lasting foundation for Italian artistic and artisanal leadership. For the first time, handcrafted micro-brush painting features on a Montegrappa limited edition. This most luxurious of treatments is ordinarily reserved for private commissions. But for this most extraordinary edition, Atelier artist, Alessandra Malesan, recreates five of Raphael’s most admired works with painstaking accuracy. Each is a work of art, incorporated into a fountain pen of unsurpassable quality. An 18K gold nib is engraved with Raphael’s cameo, and supported by an ebonite feeder and Montegrappa’s patented piston feed.
 
 
 
 

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