| |
Richemont confirms Sales Growth in the last quarter of 2021; The Federation of the Swiss Watch Industry FH will present the watch.swiss experience in Yas Mall Abu Dhabi
|
|
|
| |
|
Market News
|
Richemont confirms Sales Growth in the last quarter of 2021
Following the announcement a few months ago of its strong performance over the 6 first months of its fiscal year, Richemont has released its sales figures for the third quarter ended 31 December 2021 - Richemont closes its books on 31 March and once again confirms the trend seen over the past year, with recovery of sales in mind following the massive drop due to the pandemic. With sales up by 32% at constant exchange rates compared to the same period last year, and third-quarter sales up by 38% compared to 2019, it even surpasses the pre-pandemic levels. Overall, all business areas and all regions show double-digit sales growth, with the strongest performance from the Americas and Europe, rebalancing regional sales mix. |
| |
The Federation of the Swiss Watch Industry FH will present the watch.swiss experience in Yas Mall Abu Dhabi
The Federation of the Swiss Watch Industry FH will present watch.swiss, the exhibition dedicated to Swiss watches to be held in in Yas Mall Abu Dhabi from January 27 to February 2, 2022. Watch.swiss is a travelling, interactive and entertaining exhibition that immerses the public in the unique world of Swiss watchmaking. Visitors are in turn amazed or surprised, as they learn how centuries of history have given Swiss watches their legitimacy, or discover watchmaking genius through complication timepieces. A giant postcard from Switzerland provides an opportunity to take a selfie in front of a chosen landscape, while an amazing interactive workbench offers a chance to experience what it is like to be a watchmaker.
|
| |
Kechiq Concept Boutique enters the UAE market
Synching luxury and art seamlessly coupled with cutting edge technology and innovation, all the way from Italy with a French sound and British physiognomy, e-commerce platform Kechiq are entering the UAE market with their first official concept boutique store in Dubai. The brainchild of Alessio Damiano, a project born in the province of Venice and developed only thanks to Italian minds and young talents, Kechiq will be taking their range of medium-high-end watches from online and straight into the largest mall in the world, Dubai Mall. In addition to their offering of unique watches, Kechiq Concept Boutique has acquired the exclusive rights to sell artworks of globally renowned Italian maestro Francesco Volpato – the artist, sculptor, and master glassmaker, in the UAE, as well as featuring pieces from Gianfranco Meggiato – recipient of the ICOMOS-UNESCO award and master of contemporary and ancient sculptural installations, with huge aesthetic value. |
| |
| |
Company News
|
Three awards for watchmaking trainee from A. Lange & Söhne
Alexander Ludwig, graduate of the manufactory’s watchmaking school, has been declared best watchmaking apprentice of 2021. Achieving 95.6 out of 100 points, the 21-year-old passed both his theoretical and practical exams with flying colours. In December 2021, he was awarded for his excellent results by the Chamber of Commerce and Industry (IHK). This makes him the third Lange trainee to receive the honour of being the best in the country. “I was really surprised, but of course also thrilled and just a bit proud of the result,” says Alexander Ludwig, who began his apprenticeship at A. Lange & Söhne in 2017 just after completing his Abitur school-leaving exams. |
| |
Breitling welcomes Basketball Superstar Giannis Antetokounmpo as newest Squad Member
Breitling announced that the basketball superstar Giannis Antetokounmpo become its newest Squad Member, representing the luxury watchmaker as one of the faces of the brand. In his nine years since joining the National Basketball Association (NBA), Giannis Antetokounmpo has hit nearly every career milestone achievable, including Most Improved Player, Most Valuable Player (twice), Defensive Player of the Year and Finals MVP. In 2021, he also led the Milwaukee Bucks to win the team’s first title in 50 years. |
| |
ZENITH appoints Voice Communications & Consulting as its Regional Media Communications & PR Agency
Voice Communications & Consulting has been appointed as the Media Communications and Public Relations agency for the renowned Swiss luxury Watchmaker ZENITH that is part of the LVMH group. |
| |
NOMOS Glashütte receives the “Highest Quality” Seal Award
NOMOS Glashütte has received the “Highest Quality” seal from the Institute for Management and Economic Research (IMWF) and F.A.Z.-Institute. The NOMOS Tangente model - the Tangente neomatik 39 version has been one of the most well-known watches made in Germany for decades. The researchers did not find any information concerning NOMOS Glashütte's environmental sustainability efforts on the internet, which the manufacturer will have to communicate more effectively in the future. Handmade products which last a lifetime are produced onsite in Glashütte using fairly-sourced raw materials which are “already inherently very sustainable,” says Judith Borowski, the NOMOS manager responsible for sustainability. |
| |
| |
Product Launch
|
Piaget unveils its unique limited-edition timepiece for the Chinese New Year
Piaget joins the Chinese New Year festivities this year with an Altiplano timepiece featuring a fearless tiger in cloisonné grand feu enamel. Meticulously crafted by master-enameller Anita Porchet, this limited edition of 38 timepieces depicts the tiger in all its splendour, roaring across the dial in all its majesty. The timepiece is housed in a 38 mm 18K white gold case set with 78 brilliant-cut diamonds and is powered by the Maison’s ultra-thin, manual-winding 430P movement, attesting to Piaget’s expertise in ultra-thin watchmaking, gem-setting, and artistic craftsmanship excellence. |
| |
Introducing the Endeavour Small Seconds Total Eclipse
The name, rarity and mysterious, almost mystical character of this piece are inspired by the eclipse. Featuring a dial coated in Vantablack®, a deep, intense black to contrast against the inner bezel – a halo as bright as the sun's corona in a total solar eclipse – the Endeavour Small Seconds Total Eclipse is the result of a collaboration between The Armoury, a highly specialised menswear brand, and H. Moser & Cie. Available in two limited editions of 28 pieces, this fascinating piece combines elegance and minimalism with contemporary Vantablack® technology, and does so with an aesthetic inspired by pocket watches. The Endeavour Small Seconds Total Eclipse model will be available in The Armoury stores in New York and Hong Kong, as well as on the e-commerce platforms for The Armoury and H. Moser & Cie. |
| |
Highlife Perpetual Calendar Manufacture: a New Exclusive Blue-Grey Variation
Frederique Constant launched the Highlife Perpetual Calendar Manufacture with a mysterious blue-grey dial for the first time. Borrowing from both blue, grey and black, this new dial characterises that fleeting moment between dusk and dawn, when the day eclipses to make way for the celestial vault. The perpetual calendar is the expression of this, indicating both the days and the phases of the moon. It is complemented by the date, month and leap year indications, all on a single dial that favours simple and intuitive reading. This new deep blue-grey dial guarantees perfect legibility thanks to the contrast of the white typography and the mirror-polished and luminescent hour-markers and hands. |
| |
Year of the Tiger by Montegrappa
Created using engraving techniques perfected over more than a century, Montegrappa's design combines artisanal complexity with sartorial simplicity: reflecting the confident, outgoing style of those born under the auspicious tiger's reign. Limited to 100 fountain pens, Year of the Tiger is made possible only by the skill and diligence of our master engravers. Alternating layers of high and low-relief sterling silver render the watching tiger in striking detail, while tiger-stripe textures ripple down its entire length – glistening in the light. A custom clip uses the tiger’s tail as its playful inspiration. Here, camouflaging is deliberately bold. Besides hinting at the ambition of its owner, it sends a warning to would-be rivals. For as the Chinese idiom says, “One mountain cannot contain two tigers.”
|
| |
| |
Exhibitions & Events
|
IIJS Signature 2022 postponed
Owing to the prevailing pandemic scenario in India, the IIJS Signature show scheduled from January 6- 9, 2022 at the Jio World Convention Centre, Mumbai has been postponed. GJEPC has in place all requisite permissions to organise the show following Covid appropriate guidelines. Based on consultations with IIJS Signature Exhibitors, Buyers travelling from India and abroad, trade associations and members of the concerned Committee of GJEPC, the Council has voluntarily taken the decision to organize the show later. Council is extremely thankful and obliged to the Govt. of Maharashtra, Ministry of Commerce and Industry, Govt. of India, Exhibitors, National and International visitors for extending their wholehearted support in these trying times. |
| |
| |
Celebrity News
|
Jennifer Lopez shines in iconic BVLGARI Jewelry
Actress, musician and entrepreneur, Jennifer Lopez layered multiple necklaces, rings and bracelets from BVLGARI’s iconic Serpenti, B.zero1 and Divas’ Dream collections while promoting her new film, Marry Me. |
| |
| |
|
| |
| |
Be constantly updated on the latest Watch & Jewellery Business markets of the Middle East, as well as information on competitors, promotions, product trends, industry analyses, appointments, new product introductions & developments and market research.
Our weekly 'Arabian Watches & Jewellery Business Newsletter Broadcast' is distributed to over
22,000+ industry executives, Watch & Jewellery manufacturers and distributors,
retailers, investors and media consultants globally.
Unsubscribe / Submission of News / Open Forum / Obtaining our news distribution / Confidentiality
Important Copyright Notice / Disclaimer
Developed by We Do Web |
| |
| |