Saudi economy enters trillion dollar club: report; The 3rd edition of Watches and Wonders Shanghai; Breitling lights up Burj Khalifa and Riyadh Boulevard with new Navitimer 36, 32 Campaign

   
 
 

Market News

 

Saudi economy enters trillion dollar club: report

A report by the Federation of Saudi Chambers, issued on the occasion of the kingdom’s 93rd National Day, revealed that the kingdom’s gross domestic product (GDP) reached SAR4.155tn, exceeding the ceiling of $1tn for the first time. This achievement has made the kingdom a member of the ‘trillion-dollar’ club and marks the achievement of the national goal well ahead of the target date of 2025, reported Saudi Press Agency (SPA). Saudi Arabia has achieved many milestones, ranging from improving its major economic indicators to upgrading the ranking of the national economy by global institutions, including the International Monetary Fund (IMF). According to the IMF, the Saudi economy was the fastest-growing among the Group of Twenty (G20) member states in 2022.

 

The 3rd edition of Watches and Wonders Shanghai

For the 2023 edition of the Salon, the general public was invited to join leading retailers, journalists and end clients, marking a successful turning point, as together they discovered the latest novelties from the 14 exhibiting Maisons. Watches and Wonders Shanghai ended its third edition on a high note, with 12’000 unique visitors over the five days, including nearly 5’000 end clients and public visitors during the weekend. Social media shares helped expand the reach of the Salon to an even larger audience of 75 million people. An air of excitement was palpable around the Salon’s halls, with international launches and the presence of Chinese celebrities such as actors Dilraba Dilmurat and Zhang Ruoyun, and former star swimmer Ning Zetao.

 
 

Company News

 

Breitling lights up Burj Khalifa and Riyadh Boulevard with new Navitimer 36, 32 Campaign

To celebrate the launch of Breitling’s new Navitimer 36 and 32, two new additions to Breitling’s iconic Navitimer collection, Breitling Middle East lit up Burj Khalifa on September 21st with visuals of the NAVITIMER – FOR THE JOURNEY campaign starring Charlize Theron.  Simultaneously, the campaign was projected in Riyadh Boulevard as the brand took over all 82 screens at the boulevard. The Burj Khalifa projection was a key moment during Breitling Middle East’s Navitimer launch event, which was held that evening at Nazcaa, Address Fountain View Hotel, Dubai with the attendance of 94 press, influencers, and key opinion leaders. The Navitimer is one of the most recognizable watches ever made. It’s on collectors’ lists of the greatest watches of all time. 

 

Bulgari celebrates the re-opening of its boutique in Mall of the Emirates

Bulgari celebrated the re-opening of the boutique in Dubai Mall of the Emirates in extended premises. The inspiration for the design of the new double height façade was an artistic sketch of an intricate bracelet designed in the 1930’s, which had been carefully conserved by Bulgari heritage archives. The distinctive geometrical design is formed by a rhombus mesh pattern and eight point stars which have become a recognizable symbol in the Bulgari design language.   A special illumination has been foreseen for the façade with a lighting scenography that perfectly links the heritage of Bulgari in the contemporary world of today.

 

Chopard x aespa - new pictures of the Maison's Ambassadors wearing the Ice Cube & Alpine Eagle collections

The aespa girl band of rising K-POP group whom are creating a global syndrome brings a new face to Chopard's flagship collections. A new campaign enables these ambassadors of the Maison to reveal their own stylistic interpretations of Chopard's cardian models. Through the prism of their futuristic aesthetic, their pop fantasy, their virtual avatars and their contagious energy, these four South Korean stars of the international music scene reveal all the versatility of the iconic Alpine Eagle watches and Ice Cube jewellery from the Geneva-based Manufacture. Fearless, graphic, uncompromising and resolutely androgynous, the Ice Cube collection is a perfect match for the mineral aesthetic of the Alpine Eagle watch. 

 
 

Product Launch

 

Piaget celebrates the new Possession Decor Palace Collection with Razan Alazzouni

The embroidery Designer has risen to the challenge of reinterpreting the Piaget Possession collection and its art of gold in her own way by creating two embroidered artworks showcasing the vast elements of gold including Decor palace; a technique that Piaget has been incorporating since the 1960s for engraving gold that gives body and texture to the precious metal. The artworks are a meeting between Piaget and Alazzouni, showcasing virtuoso techniques and craftsmanship, driven by a spirit of collaboration and limitless inventiveness. Each detail, thought out with infinite meticulousness by the artist, is a tribute to singularity and savoir-faire of Piaget’s Possession collection, specifically the bracelet and its gold techniques. 

 

Louis Moinet unveils its unique timepiece: the COSMOPOLIS

The COSMOPOLIS is in the spotlight yesterday, 21 September, in Geneva, Switzerland. It is receiving a prestigious GUINNESS WORLD RECORDS™ title for the “most meteorite inserts in a watch” This means that Les Ateliers Louis Moinet will from now on be known beyond the borders of traditional watchmaking, where it will generate amazement for its sheer rarity globally.  This world record will also confirm the boundless creativity of Jean-Marie Schaller and his ability to generate emotions and make us dream. This title also reflects his deep gratitude towards his solid network of friends, passionate supporters, and craftsmen who contribute daily to the development of Louis Moinet watches.

 

Presenting the LANGE 1 PERPETUAL CALENDAR by A. Lange & Sohne

With the off-centre displays and peripheral month ring, the LANGE 1 PERPETUAL CALENDAR endows a sophisticated complication with a unique face. Launched in April 2021, the white-gold model version with a solid pink-gold dial, limited to 150 pieces, and the pink-gold version featuring a grey solid-silver dial, are now joined by a platinum model with a black dial. The dark background effectively highlights the moon-phase display with its integrated day/night indicator. The new model version, housed in a 950-platinum case and measuring 41.9 mm in diameter, is complemented with a black dial, thus enriching the watch family with a particularly refined colour combination.

 

Vacheron Constantin reveals new timepieces at Watches & Wonders Shanghai 2023

Participated in Watches & Wonders Shanghai 2023, Vacheron Constantin has revealed new timepieces in the Traditionelle and Patrimony collections. Graced with a deep green sunburst dial, they encapsulate the spirit of the times at the heart of an elegant classic pink gold case recognisable by its slim stepped profile. The Traditionnelle manual-winding watch is available in two diameters designed to suit every wrist. In the 33 mm version, it flaunts its precious finery with a dainty setting of 54 diamonds adorning the bezel; while the 38 mm pink gold case encircles the wrist with a resolutely elegant touch. These two models, reserved exclusively for China for a full month, are fitted with a tone-on-tone alligator leather strap and driven by in-house manual-winding movements: Calibre 4400AS with a generous 65-hour power reserve for the 38 mm model; and Calibre 1440 with a 42-hour power reserve for the 33 mm version.

 

Jaeger-LeCoultre introduces three new High Jewellery Timepieces

Jaeger-LeCoultre presented three magnificent new High Jewellery watches that unite exceptional gem-setting with the signature Calibre 101. Each of them an exuberant and distinctive expression of femininity, the new timepieces reaffirm the boundless creative scope offered by the alliance between this unique watch mechanism and high jewellery. An entirely new design, the 101 Secrets is set with almost 27 carats of diamonds. The most precious Calibre 101 timepiece created by Jaeger-LeCoultre to date, the rivière-style bracelet features a new secret mechanism that enables the wearer to reveal the dial only when she wishes. The 101 Bangle, first presented in 2020, has been reinterpreted in two one-of-a-kind pieces – one in pink gold with a red lacquer dial complemented by diamonds; and one in white gold with a snow-white lacquer dial complemented by sapphires and diamonds.

 

MB&F: the LM Split Escapement EVO lands in Taipei

Following the LM Perpetual EVO, the LM Sequential EVO, and the LM Split Escapement EVO models, MB&F is introducing a new special edition EVO, dedicated to its MB&F LAB in Taipei. In 2022, MB&F added two new LM SE EVO editions to the series. The first came in grade 5 titanium with an icy blue base plate and slate grey dial and counters, while the second was a limited edition reserved exclusively for the MB&F LAB in Beverly Hills, operated by retail partner Westime; the 25-piece edition came in Westime’s corporate colours of blue and black with a striking black base plate and metallic blue dial and counters. Another feature of these editions was the special darkened treatment on the movement side, creating heightened contrast between the wheels, the rhodium-plated barrels and the rose gold details – symbolically echoing the contrast between the active, contemporary nature of the EVO collection and the traditional finishing of the movement.

 

Reservoir unveils its first in-house Tourbillon

With a new powerhouse and a new dimension, RESERVOIR proudly presents its very first in-house Tourbillon in collaboration with TÉLÔS WATCH exclusively for Only Watch 2023. It’s a major technical step change for the emerging, wholly independent brand, achieved with the collaboration of the renowned movement manufacturer TÉLÔS WATCH from La Chaux-de-Fonds, RESERVOIR’s strategic partner since its earliest days. To accentuate the thoroughly horological dimension of the Tiefenmesser Tourbillon Only Watch, RESERVOIR and TÉLÔS WATCH made several key decisions. On the technical side, they have opted for an imposing, untrammelled and graceful layout for the tourbillon, located at 6 o’clock. With a rate of 4Hz and powered by a double barrel, it has an ample power reserve of 60 hours.

 
 
 
 

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