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Swiss watchmaking in January 2017 recorded -10% drop in the UAE; Longines as the Official Timekeeper for Gold Coast 2018 Commonwealth Games; Dana Alfardan appointed Vice President of Alfardan Jeweller
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Market News
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Swiss watchmaking in January 2017 recorded -10% drop in the UAE.
Watch exports continued to decline during the month of January. They were 6.2% lower with a total value of 1.4 billion francs. The negative trend has flattened out somewhat in the past three months but remains significantly in the red. The fall in value was attributable once again to watches in precious metal while steel timepieces confirmed their recovery. However, the trend in volume terms was still downwards. The month of January proved particularly negative for the other metals category. All the price segments posted a fall; this was more substantial for the lower ranges. Watches priced at over 3000 francs (export price) were the least affected, contrary to the situation in 2016. Their value was down by 4.2%. Overall sales in the UAE, Saudi Arabia and Kuwait are down 10.1%, 28.0% and 12.8% and Qatar recorded a rise of 39.2%.
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Longines as the Official Timekeeper for Gold Coast 2018 Commonwealth Games.
Longines unveils as the Gold Coast 2018 Commonwealth Games (GC2018) Official Partner for timing, scoring and results, and will be known as the Official Timekeeper. With 419 days until the opening Ceremony of the largest multi-sport event to be held in Australia this decade, Longines becomes the first international Tier One Partner to join the well-respected brands supporting GC2018. |
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Company News
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Dana Alfardan appointed Vice President of Alfardan Jewellery.
Alfardan Jewellery announced that Dana Alfardan has joined the company as vice president. Qatari Jewellery House said in a statement released Under Dana’s leadership, the jewellery house is set to enjoy a bold and new edgy look with inspirational campaigns and offers for women in Qatar, as well as an array of new timepieces of the world’s finest jewellery brands soon coming to Doha”. Dana is a composer and songwriter owns her own company DNA Sounds. She also always had a keen interest in the luxury fine jewellery industry. Having spent her college years in Dubai studying International Relations, Dana went to London to pursue her post graduate studies in gemology so she could join the family business and build on the long history of the family’s aspirations and success in fine jewellery.
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MONTEGRAPPA commemorates the FIS ALPINE WORLD SKI Championships 2017.
Montegrappa creates a Limited Edition Rollerball to mark the occasion which was held on 6 to19 February 2017, the FIS Alpine World Ski Championships 2017 is the latest in a biennial series that dates back to 1931. The pens feature the FIS symbol on the pen’s top, repeated in the limited edition’s exclusive packaging. The side of the cap is laser-cut with the legends “St. Moritz” and the sports’ event year and venue. |
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Moritz Grossmann reappointed as Official Timekeeper at the DUBAI POLO GOLD CUP.
Moritz Grossmann supports the 17th tournament with ATUM Polo models for the winners, starts from18 February to 10 March 2017, for the four players of the winning team, Moritz Grossmann's watchmakers created four special-edition ATUM Polo watches: 2 in rose gold and 2 in white gold. Their prominent hallmarks: the hand-engraved DPGC 2017 signature in the case flank and the striking gold mesh beneath the sapphire crystal. |
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Product Launch
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Angelus unveils U10 Tourbillon Calavera.
The U10 Tourbillon Calavera’s dead beat second’s complication – where the second hand advances in full steps of one second; the movement bridges and plates are in traditional nickel-silver that is bevelled and polished. The stainless steel used to make the case is BO-988 annealed stainless steel, bead-blasted and treated with black PVD on the inside. The combination of nickel-silver, titanium and stainless steel in a watch movement is unique and especially the magenta lacquer for the bridge of the tourbillon cage. The strap is hand-stitched black alligator leather with stainless steel folding buckle. |
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RAYMOND WEIL presents Tango collection.
RAYMOND WEIL, interprets the subtle chemistry between two dance partners. A duo for ladies and gents, the timeless tango watches in 30mm and 41mm case. Its distinctive bezel has been enhanced with screws studded by gadroons. Its dial is embellished by a central star-shaped decoration and Roman applique numerals. The dual nature of the case, the five-link metal bracelet marries the pure gleam of polished and satin stainless steel with the warm glow of yellow gold PVD plating. |
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Versace introduces The Palazzo Empire Collection.
Palazzo Empire is the bold 3D Medusa Head, which seems to float above the center of the dial, is positioned between two watch glasses, embellishing and enhancing the sunray guilloché dial. The top ring is adorned by an enamelled Greek key design in colors that match the fine, supple calfskin strap. |
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Montblanc presents Bonheur Fountain Pen for Mother’s Day.
Montblanc Mother’s Day special unveils The Bonheur Fountain Pen is pure and simple black and white precious resin combined with platinum-coated fittings. Hand-crafted Au585 / 14 k gold nib rhodium-coated with a falling star design. |
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Buccellati presents Giambattista Valli’s creations.
Buccellati collaborates with Giambattista Valli at the French Archives in Paris to present its 2017 spring/summer couture catwalk. The exciting crescendo of the stylistic constructions were emphasized by amazing one-of-a-kind pendants/brooches, sublimely perfect cocktail earrings with pearls and diamonds, and cuff bracelets. The emotional catwalk was accompanied by extremely unique Buccellati designs. |
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Swarovski unveils Sparkling Dance collection.
Swarovski’s Mother’s Day collection offers a range of desirable silhouettes in shimmering pave, Pointiage® and brilliant crystal cuts, adding a touch of effortless glamour to any look. The Crystalline Pure watch is easy to combine with the understated glamour of subtle bracelet, which injects a touch of crystal color to daytime dressing. Gray necklaces and rings offer a contemporary take on classic silhouettes that deliver high shine appeal. |
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Ralph Masri Jewellery launches at Harvey Nichols Dubai.
Ralph Masri - named Fine Jewelry Winner of the 2016 DDFC/Vogue Fashion Prize announces the launch of their acclaimed fine jewelry collections Sacred Windows and Arabesque Deco at Harvey Nichols Dubai. For Arabesque Deco Masri looked to his Middle Eastern roots for inspiration, re-interpreting classic arabesque architectural motifs and infusing them with an art deco touch. Sacred Windows, also looking to architecture, is a collection focused on color patterns and is inspired by the arch windows and stained glass mosaics of cathedrals. |
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Celebrity News
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Penelope Cruz shines in Chopard to the 31st annual Goya Cinema Awards in Madrid.
Spanish actress Penelope Cruz, wears earrings in 18ct Fairmined white gold featuring pear-cut diamonds and diamonds from The Green Carpet Collection, a ring in 18ct white gold set with diamonds and featuring a pear cut diamond and a ring in 18ct white gold set with diamonds and featuring and oval cut purple purple sapphire, both from the High Jewellery collection. |
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