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Swiss Watch Exports decline 6.9% in September, Panerai at salon des grandes complications Abu Dhabi 2018, FOX LAB UK Ltd appointed as official Corum watches agent for the Middle East.
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Market News
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Swiss Watch Exports decline 6.9% in September.
Exports of Swiss watch industry registered a drop of 6.9%, lower than in September 2017, it was a first monthly fall since April 2017. However as per the FH after 9 months the growth of the Swiss watch exports remained strong at 7.5% in line with the forecasts and it was too soon to view this drop as a significant trend change.
Swiss Watch Exports in the main markets reported varying performance in the month of September. China (+17.3%) confirmed the strong upturn observed in August, Japan (+2.4%) has nevertheless seen its growth slacken distinctly in the last four months. Hong Kong (-3.5%), which had experienced no weakness for nearly one and a half year, saw its value diminish by a few points while remaining on a very sustained trend. The United States (-3.0%) also fell slightly but with no significant influence on the medium-term trend. while the United Kingdom was 2.0% lower. Still in positive territory, Singapore for its part (-49.4%) suffered a very unfavourable base effect linked to the exceptional sales figures for September 2017.
While in middleeast Swiss Watch Exports registered a growth in Saudi Arabia (+2.2%), Oman (+152.4%), Bahrain (+27.5%) and Qatar by (10.0%), however UAE and Kuwait dropped by (-15%) & (-38.2%).
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Panerai at salon des grandes complications Abu Dhabi 2018.
In line with the Jewellery Watch Show 2018, Panerai, the Florentine luxury sports watchmaking brand known for its unique fusion of Italian design and Swiss manufacturing skills, took part at the Abu Dhabi 2018 edition of Salon des Grandes Complications.
Supported by the Embassy of Switzerland in the United Arab Emirates and Bahrain, the exhibition took place from 25th to 29th October at the Abu Dhabi National Exhibition Centre.
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Company News
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FOX LAB UK Ltd appointed as official Corum watches agent for the Middle East.
Corum has recently announced the appointment of Fox Lab UK Ltd, the ’Smart Brand Building’ company as their official agent for the whole of the region. |
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Audemars Piguet presents a new artwork by Tomas Saraceno for Aerocene.
Audemars Piguet announce a new artwork imagined by Berlin-based artist Tomás Saraceno for Aerocene. His sustainable, site-specific installation Albedo will be unveiled at Art Basel in Miami Beach on the oceanfront sandlot across from Collins Park, on December 5–9, 2018. Albedo is a large-scale temporal pavilion developed by Saraceno, comprised of approximately 40 reflective, out-turned umbrellas. |
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Chopard announces the second edition of the Chopard Classic Rally Dubai.
Chopard along with partner Ahmed Seddiqi & Sons and Emaar Properties announce the second edition of the Chopard Classic Rally Dubai to take place on November 9, 2018. Flagging off from Downtown Dubai, Emaar’s flagship mega-development, the esteemed event will bring together 60 classic car aficionados, including French Race car driver and Chopard's ambassador Romain Dumas. |
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Strategies dC Public Relations is representing Zenith in the Middle East.
Zenith has chosen Strategies dC as its public relations agency in the Middle East. Innovation is what drives the brand to push further and go beyond its boundaries. Zenith has always been associated and led by icons who follow the same star, one that leads to a place of freedom where anything is possible. |
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GJEPC presents the second edition of India International Diamond Week.
The Gem & Jewellery Export Promotion Council (GJEPC) organized the second edition of India International Diamond Week powered by Gemmological Institute of America (GIA) from 23rd to 25th October 2018 on the sidelines of World Diamond Council (WDC) AGM and World Federation Diamond Bourses’ (WFDB) Meet in Mumbai. |
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Product Launch
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Roger Dubuis introduces ‘Excalibur Knights of the Round Table’ Timepiece.
Roger Dubuis’ newest entry into horological chivalry has a glossy look, and a profoundly mythological context. Beautifully designed, the Excalibur Knights of the Round Table III boasts a three-dimensional dial design crafted in tiers. The case is rose gold. Most impressive, though, is the inclusion of 12 miniature gold knights clad in gold armor that are placed at the top of each gold section. Watch-lovers will also be drawn to the 47mm Excalibur watch’s 172-part self-winding RD821 automatic movement with 48-hour time reserve. |
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Bremont launches the Bremont Supersonic.
Bremont launches its eighth historical limited edition timepiece, the Bremont Supersonic, which contains the manufacturer’s first ever manual wind movement which features an 8-day power reserve. Dial is sunray Silver White metal, applied indexes, blue steel gold hands with Super-LumiNova®. Connolly leather strap in Concorde blue/blue crocodile alligator strap with pin buckle to complement case material. |
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Eclat, the pocket watches from deLaCour.
Eclat watch carries a hand winding DC292 caliber, a tourbillon at 6 o’ clock and a 5-day power reserve, featuring “lancelot shaped” hands tipped with Superluminova in its dial. The back of the pocket watch is set with diamonds and a sapphire glass allows a view at the DC292 caliber bridges. |
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OMEGA introduces the 2018 “Manhattan” Collection.
The new matte-finish Constellation is embellished by polished bevelled edges along the case and bracelet. New slender bezels have been created for each watch, seemingly providing a wider view of the dial. Now featuring domed covers with the OMEGA name and symbol, the bracelet clasps have been given polished half-moons and a comfort release adjustment, On the 29 mm models, the slim design is achieved by the use of domed sapphire crystal on the caseback. |
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Rado presents the new Rado HyperChrome Diamonds.
The new Rado HyperChrome Diamonds, an innovative smoked sapphire crystal Open Heart dial offers a glimpse of the quality Swiss movement inside. It’s the high-tech ceramic monobloc case that makes the watch so light and durable and the full high-tech ceramic construction ensures it is hypoallergenic and adapts quickly to your skin temperature. With a full high-tech ceramic bracelet completing the package, comfort is guaranteed. |
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Exhibitions & Events
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de GRISOGONO to host a private exhibition in Geneva, January 2019.
de GRISOGONO announces that next year it will be staging an exclusive Jewellery and Watches exhibition in lieu of attending Baselworld. The private exhibition, which will be held in the prestigious setting of the Royal Suite at the Four Seasons Hotel in Geneva, will run from January 13th to 18th, 2019. |
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