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Watches and Wonders: all set for the next chapter; Graff Diamonds paid $7.5M to Cyber Hackers: Lawsuit
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Market News
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Watches and Wonders: all set for the next chapter
With spring in Geneva, autumn in Hainan and then Shanghai, Watches and Wonders is constantly on the move, refining and renewing its visitor experience in the process. The Exhibition’s organisers are currently putting the finishing touches to the next two big events in its diary for Asia. The first of these will be an extended show running simultaneously on Hainan Island sites Haikou and Sanya, from October to December 2022. The next chapter of the Chinese journey for Watches and Wonders is confirmed to take place in Shanghai from November 23 to 27, 2022. This third edition will once again be hosted at the West Bund Art Center, where collectors, retailers, press, and VIPs will benefit from a fully re-designed Pavilion. Watches and Wonders is also pleased to announce that the next edition of Watches and Wonders Geneva will take place from March 27 to April 2, 2023. |
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Graff Diamonds paid $7.5M to Cyber Hackers: Lawsuit
Graff paid more than $7 million in bitcoin to a Russian ransomware firm to stop the publication of client data, according to a lawsuit the jeweler filed against its insurer. The UK-based company suffered a cyberattack last year, when Conti encrypted and stole personal information from the luxury brand. Details of the incident became public after Graff sued Travelers, its insurance provider, in the High Court of Justice in London on June 13. Graff claims it was covered for such a hack, but Travelers has not paid anything, the lawsuit alleged. In addition to the ransom payment, Graff incurred costs of just over $1.5 million for professional services, such as legal and public-relations advice, according to the filing. In total, the jeweler is claiming damages of $9 million plus costs and interest. |
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Company News
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Boucheron unveils new podcast episode with Claire Choisne
On 5th July, Maison Boucheron unveiled a seventh original episode, to complement the launch of its new High Jewelry collection, Carte Blanche, Ailleurs. For the first time, on the Place Vendôme, in a highly intimate setting, Claire Choisne revealed the entirety of her artistic journey as well as her inspirations for this new collection designed in 2020. The context of the time was a strong influence on the Creative Director in the choice of her theme “Ailleurs” [Elsewhere]. In Maison Boucheron's Carte Blanche collections, innovation and creativity have always been placed at the service of emotion. This year, Ailleurs has not broken the mold, and this podcast episode tells behind the scenes stories from the Boucheron workshops which reveal several challenges that were overcome to make Claire Choisne’s creative dreams a reality. |
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Montegrappa announces a precious new alliance
Montegrappa is honoured to join the Prince Albert II of Monaco Foundation in its efforts to protect the environment and promote sustainable development. Cherish the oceans, and the bold craftsmanship of our debut collaboration. The first luxury product to be co-signed by the environmental organisation founded by H.S.H. Prince Albert of Monaco is Montegrappa Prince Albert II of Monaco Foundation: Ocean Collection. Crafted from precious metals and deep-blue celluloid, it is regal and majestic – but its power is directed at our duty to protect the planet. Available now as limited editions of 300 fountain pens and rollerballs, Montegrappa Prince Albert II of Monaco Foundation: Ocean is the first in a series of writing collections that uses classic aesthetics and craftsmanship to deliver an urgent and thoroughly modern message. |
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Product Launch
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Presenting the RM UP-01 Ferrari by Richard Mille
In 2021, Ferrari and Richard Mille, driven by their shared quest for perfection, joined forces to create a long-term partnership. Richard Mille celebrates this budding relationship with the creation of an exceptional ultra-flat timepiece, the RM UP-01 Ferrari. Breaking with the brand’s established stylistic codes, but faithful to its identity and spirit, this model once again rolls back the limits of the possible by taking up the ultra-flat challenge. At just 1.75 millimetres thick, the RM UP-01 Ferrari constitutes a triumph of technical prowess and exemplifies a new approach to watch mechanics in which technicity more than ever dictates aesthetics. A model resulting from many year’s work, dozens of prototypes and more than 6,000 hours of development and laboratory testing. |
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Louis Moinet presents MARS MISSION
This modern timepiece aims to combine the visionary talent of the inventor of the chronograph and high frequency with contemporary architectural work. The essential elements are outlined below. The dial pays tribute to the first detailed photos of Mars taken in 1965 by the first Mars flyby probe: Mariner 4. The engraving results from hand-crafted hammering creating pleasing contrasts on the surface of the planet. The finish features two light and dark tones resulting from a light black patina achieved after the dial was copper-plated. It has an opening between 8 o'clock and 12 o'clock, revealing each beat of its exclusive calibre including the escapement operating at a rate of 28,800 vibrations/hour, as well as the off-centre seconds hand. Everything is arranged to ensure that the eye loses nothing of intricate workings of this MARS MISSION watch. |
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Breitling launches its new Superocean Collection
Breitling has launched a new Superocean that goes back to the Slow Motion’s simplified tool-watch philosophy. And while the collection has been revised to meet the needs of modern wearers (the seconds hand was, of course, a must), a keen eye will spot several design nods to the original. The collection was unveiled to media, retailers, and influencers at the Wheels & Waves surf-and motorcycle festival in Biarritz. The event followed a day of sea-themed activities with surprise visits from European surf and screen personalities. Present were surfers Andrew Cotton, Jérémy Florès, and Natxo Gonzalez, along with actors Guillaume Canet from France and Álvaro Morte from Spain. Available in four sizes (46, 44, 42, and 36 mm), the collection’s colorful dials are paired with three different case metals - steel, steel-gold, and bronze. |
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NORQAIN launches a new Independence Skeleton model
NORQAIN’s response to the speedy sell-out of its first-ever skeletonised timepiece in 2021 is the skeletonised Independence 22. The new special edition features a stainless steel case with three different finishings, an impressive skeletonised movement and stunning transparent dial. There are currently 300 pieces of this Independence 22 timepiece available – and more will be produced based on demand. The launch of the Independence 22 Skeleton marks the first step to building a consistently available Independence collection. The Independence family is inspired by the courage it takes to do the unexpected. NORQAIN’s passion ticks inside every one of its exclusive, innovative and ultra-robust Independence timepieces – the new skeletonised model is no exception. The unique design of the skeletonised movement is based on the architecture principles of beam construction: each support point is held by at least two arms. |
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Introducing Kudoke 2 by Kudoke & The Limited Edition
The Limited Edition are proud to announce a synergetic collaboration with a young independent award-winning watchmaker, who is fast gaining a reputation as one of the most exciting talents in contemporary independent watchmaking, in the form of an exclusive thirty-piece limited edition piece; the superb Kudoke 2 - British Heritage. A celebration of an enduring legacy left to the world of watchmaking by one of the pioneering forefathers of horology, the Kudoke 2 - British Heritage is a tribute to seventeenth century master Thomas Mudge, whose work in the advancement of chronometry was endorsed and supported by German astronomer Hans Moritz von Brühl, establishing a connection which is revisited in this magnificent limited edition wristwatch. Presented in a 39mm case of stainless steel, the Kudoke 2 - British Heritage truly lives up to its name. |
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Introducing Grönefeld 1941 Grönograaf
Since 2008, Bart and Tim, ‘The Horological Brothers’, have produced a variety of unique mechanisms including a tourbillon minute repeater, a jumping seconds, a flying tourbillon with hacking seconds, etc. The 1941 Grönograaf is the latest creation to be conceived in Oldenzaal. It is a classical chronograph, but consistent with the Grönefeld ethos, it incorporates several ingenious details. Unlike mass-produced cam-actuated chronographs, the 1941 Grönograaf features a classical configuration, namely a column-wheel and lateral coupling, a combination synonymous with high-end watchmaking. The calibre G-04 is a symphony of 408 parts and a wonderful exemplar of no-compromise watchmaking. The ‘Premiere Edition’ of the 1941 Grönograaf will be encased in tantalum and limited to just 25 pieces. Thereafter, Grönefeld will release 188 pieces in stainless steel. |
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Jacob & Co. writes two new chapters for The Godfather saga
Jacob & Co. introduced two fresh new plot twists to The Godfather legend: a red fountain pen and a charcoal gray rollerball. The body, cap, pin and case pay tribute to The Godfather's icons – a rose, a bullet, a revolver barrel and the iconic puppeteer poster art. Limited to just 499 pieces, the fountain pen and the rollerball follow up on The Opera Godfather Musical Watch, which combines the world of ultra-high-end watchmaking with the breathtaking romanticism and complexity of a mechanical musical – a vibrant tribute to The Godfather as a masterpiece of cinema and to Jacob & Co.'s dedication to excellence. The Godfather pen collection is a new vessel channeling the inspiration Francis Ford Coppola's The Godfather provided Jacob & Co. The collection is comprised of a red celluloid fountain pen with 18k rose gold nib and a black rollerball pen. Both are housed in a dedicated black case with a red leather cover, gilded hinges and printings all around. |
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Fabergé celebrates 180 years with a capsule collection featuring Gemfields
In celebration of the180-year anniversary of the iconic house of Fabergé, a new capsule collection has launched, and is set to be embraced by modern day collectors and enthusiasts. The 180-year anniversary capsule collection is comprised of the Colours of Love Rose Gold Diamond & Ruby Fluted ‘180’ Egg Pendant and 180 Limited-Edition Rose Gold & Ruby Mini Fluted ‘180’ Egg Objets. Both creations are crafted from 18k rose gold and feature responsibly sourced Gemfields Mozambican rubies. Fabergé has always been known for surprising audiences with the unexpected. With a height of 62mm and a diameter of just 35mm, the Limited-Edition Rose Gold & Ruby Mini Fluted ‘180’ Egg Objet fits in the palm of your hand – a miniature masterpiece. |
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