Market Report

Pandora Jewellery jumped 85% Profit

Pandora Jewellery reported its revenue surged by 35.4% year on year to $1.66 billion for the fiscal year that ended on December 31. Pandora's profit during 2013 jumped 84.7% to $409 million.

Market News

Swiss watch exports increased by 6 per with strong demand from the Middle East

According to the Federation of the Swiss ?Watch Industry, the Swiss Watch exports increased by 5.6 percent year on year to $1.76 billion in January 2014.? This rise in exports was due to a substantial increase in units made from steel watches and watches from other metals coupled with strong demand from the United Arab Emirates (due to increase in tourists and re-exports to other GCC markets), Japan and U.S.A. Wristwatch exports rose 4.6% to $1.656 billion, while the number of units shipped increased by 2.5% to 2.181 million.

Company News

Abu Dhabi hotel guests up 36% in January

Around 277,000 guests checked into Abu Dhabi’s 149 hotels and hotel apartments in January this year, marking a 36 per cent increase on January 2013, Abu Dhabi Tourism and Culture Authority (TCA). Total hotel revenues climbed 22 per cent to Dh522 million, with food and beverage recording a 21 per cent growth to approximately Dh194 million, the tourism authority said in a statement last week.

OMEGA brand ambassadors Chad le Clos and Alexander Popov visit the OMEGA Pavilion

OMEGA invited Olympic swimmers and brand ambassadors Chad le Clos and Alexander Popov to the OMEGA Pavilion for a unique question and answer session that focused on their Olympic accomplishments and the factors behind their success. Reminiscing on their achievements in the pool and their Olympic highlights and memories, the two swimming stars shared what it meant for them to achieve the goals they’d set for themselves.

Engelman to Step Down as Worldwatch Institute President

Worldwatch Institute President Robert Engelman has announced his decision to step down as head of the pioneering environmental research organization. Engelman will become a Senior Fellow at Worldwatch and return to the environmental and population research and writing he has pursued for much of his career. Engelman informed the leadership of the Institute's Board of Directors last fall of his intention to resign at an appropriate time in 2014. He will serve as President until March 15, 2014, at which time Board Chair Ed Groark will become Acting President of the Institute.

Product Launch

Arnold & Son announces Special Limited Edition of the TB Victory

A Tribute to the National Museum of the Royal Navy: Arnold & Son introduces Special Limited Edition of the TB Victory. The exquisite Haute Horlogerie finishing includes manually chamfered bridges and polished edges, fine circular graining and Côtes de Genève rayonnantes, a brushed and skeletonised rotor and blued screws. The dial is in gold appliqué and the case is rose gold, with cambered sapphire in anti-reflective coating on both sides, case back is with the National Museum logo executed in metallic palladium. The strap is made of hand-stitched brown alligator leather.

Adler introduces Caméléon Collection

To be a chameleon means to listen to one’s desires, to change appearance in response to an urge, a whim, or a need for freshness. The “Caméléon” collection includes jewels that let you try and switch different colours; they can take you far away, or bring you back to familiar shores. Adler designs a pair of interchangeable rings that adapts to all possible moods. This collection celebrates the union between curves and straight lines, magic and reason. It stimulates change and exploration, sophistication and simplicity, with a large palette of sparkling colours that are interwoven.

CORUM presents Admiral’s Cup Tourbillon

The Admiral’s Cup AC-One Double Tourbillon is available in red gold or titanium, the case of the Admiral’s Cup AC-One Double Tourbillon stylishly displays a generous 45 mm diameter. The dial swept over by luminescent hands and hour-markers is adorned with an exclusive design specially developed for Corum: the split pomegranate motif. Forming small diagonally-incised squares, this composition creates an elegant depth effect accentuated by the inner bezel ring stamped with the emblematic nautical pennants of the Admiral’s Cup collection. The Admiral’s Cup AC-One 45 Double Tourbillon movement’s modern execution features a horizontal satin-brushed finish and anthracite grey engravings. Mounted on a mainplate made of cupro-beryllium, a particularly wear-resistant copper based alloy.

Officine Panerai reveals the Radiomir 8 Days GMT Oro Rosso

The Radiomir 8 Days GMT Oro Rosso has a cushion case of polished red gold. The dial is deep blue with a satiné soleil finish, elegantly set off by the warm tone of the 5Npt red gold, an alloy that has a higher percentage of copper than yellow or pink gold and a proportion of platinum. The same alloy is used for the adjustable clasp closing the blue alligator strap. The brushed bridges with gold-coloured engraving are finished with anglage (chamfering) while the plate is decorated with perlage (circular graining).

AVAKIAN introduces the Caché rings collection

Avakian presents Caché, a collection of tactile rings entirely wrapped in precious coloured gemstones inside and out. Each one is crowned with a marquise cut stone surrounded by white diamonds. Named after the French word meaning hidden, the Caché collections meticulously set gemstones, smooth to the touch, Caché comes in a choice of blue sapphires, emeralds, rubies, black, white and yellow diamonds, pink sapphires or amethysts.

Celebrity News

Chiwetel Ejiofor wears Jaeger-LeCoultre at BAFTA 2014

Actor Chiwetel Ejiofor wore a Master Ultra Thin Réserve de Marche in pink gold during for BAFTA 2014

Emma Watson wears Maison Boucheron jewellery for ELLE Style Awards in London

Actress Emma Watson wore a Quatre White Edition ring from Maison Boucheron for ELLE Style Awards in London recently.

Christina Hendricks wears Carrera y Carrera and Demarco Jewelry

Christina Hendricks wore Carrera y Carrera diamond earrings and Demarco diamond rings at the 22nd Annual Elton John AIDS Foundation Academy Awards at The City of West Hollywood Park in West Hollywood, California.

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