The Richemont Group introduces Baume, a New Entry-Level Watch Brand, BVLGARI CEO Jean Christophe Babin on a charity mission, VHERNIER relocated to a new address at Dubai Mall.

   
 
 

Market News

 

The Richemont Group introduces Baume, a New Entry-Level Watch Brand.

Richemont officially launching a new, entry-level watch brand with a focus on sustainable manufacturing practices, customization, and affordability. Baume will serve as a completely new offering within the group and it's safe to assume that Richemont will have a chance to attract young buyers hungry for realistic pricing and true customization. Currently, two primary collections are available: the Baume Custom Timepiece Series and the Baume Iconic Series. 

According to Baume the customization tool will support over 2,000 possible watch configurations. A range of complications will also be available, with calendar options, a moonphase, and a simple time-only layout, among others. To keep pricing even more attractive, any watch falling within the Custom Timepiece Series will be powered by a quartz movement supplied by Miyota or Ronda depending on your configuration.
 

BVLGARI CEO Jean Christophe Babin on a charity mission.

BVLGARI CEO, Jean-Christophe Babin, alongside Claudio Tesauro, president of save the children Italy, visited the Charity’s various humanitarian and education programs in Za’atari. 

BVLGARI has been supporting Syrian refugee children in Jordan since 2014, with a key focus on pre-school children in Za’atari and, later, starting from 2017, in Azraq refugee camp. With an investment of over $3.7M so far, BVLGARI and Save the Children have built or restructured 3 kindergartens in Za’atari, and 1 in Azraq, and have already improved lives of over 16.000 at risk children below 5 years old in Jordan, providing a protective and safe learning environment for these children.
 
BVLGARI CEO Jean-Christophe Babin, on his visit he announced that in 2018 Bvlgari will donate to Save the Children $1,2M  to further support the organization’s activities in Za’atari.
 
 

Company News

 

VHERNIER relocated to a new address at Dubai Mall.

VHERNIER’s flagship boutique in the UAE has moved from the Emirates Towers to the new prestigious wing of The Dubai Mall, one of the most coveted international luxury shopping addresses. The inside is composed of a main room and a private area; the furnishings in bleached oak, leather, and Loro Piana fabric in coral tones, in line with the philosophy of the brand that prefers noble and natural materials. 
 

Kerbedanz unique Armenian timepiece.

KERBEDANZ and its management have been received by His Holiness Pope François, following a demand for a private audience for the presentation of a very special gift, a tribute to the aesthetics of the Armenian Alphabet. The use of the Armenian alphabet, whose unique aesthetic is a mixture of curves and entangled angles, replaces advantageously any form of index. This mysterious writing, invented by the monk Mesrop Mashtots in 405 AD, is still in use today. Only a tiny part of these donations is destined to join the rich collections of the Vatican Museums. 
 

Diamond and Jewellery Financing 2018 by GJEPC.

Hon’ble Minister for Commerce and Industry and Civil Aviation, Mr Suresh Prabhu unveils a white paper drafted by GJEPC at the one-day seminar titled “Diamond and Jewellery Financing 2018: Mitigating risks effectively.” The event organized by the Gems and Jewellery industry to find ways to reduce risks and infuse confidence into financiers, attended by leading banks and financial institutions including the SBI, Central Bank of India, IndusInd Bank, ECGC etc. also witnessed a huge turn out from the major industry players.
 
 

Product Launch

 

Ulysse Nardin presents Executive Skeleton Tourbillon Hyperspace.

The 45 mm Executive Skeleton Tourbillon Hyperspace will be debuted on the Croisette. Made of ultra-light titanium, a flying silicium tourbillon and a 7-day power reserve. The aerial design includes an art piece along with the oversized Roman numerals, sword markers and rectangular bridge. The dial is hand painted with unique color combination and the strap is black carbon leather.
 

Czapek & Cie acquires a milestone of its earliest history.

Czapek announces the acquisition of Watch No. 535 at Sotheby's Important Watch auction. The timepiece, made by Patek, Czapek & Cie’s in 1842, is a very rare and early yellow gold open faced stem winding cylinder watch. Purchase was made possible by the joint efforts of twenty Czapek & Cie shareholders. It represents a historic moment for the company on its way to re-establishing Francois Czapek’s name and fame and contribute creatively to the world of independent high-end watchmaking. The auction took place on May 13 at Sotheby’s in Geneva.
 

URWERK UR-110 RG watch worn by Robert Downey sells at Auction for Charity.

The URWERK UR-110 RG watch at the Phillips, Bacs & Russo auction. Worn by Robert Downey Jr as Tony Stark in Spider-Man Homecoming, this watch turn exceptional brought the hammer down at 150,000 Swiss francs, way above its top estimate. This whole operation is to benefit the actions of Manusodany organisation, which mainly promotes literacy among children in Haiti.
 

Walteri launches The Walteri Blue edition.

Walteri introduces its new collection: the Walteri Blue Edition. Created around an exclusive “blue concept” combining blue dial and blue strap; the Walteri Blue Edition collection comprises 3 new models: Oceaner 42, Traveller 42 and Traveller 42 Chronograph. The features of this collection is a water resistant 42 mm polished case, a finely detailed bezel, a gloss finish dial and is powered by an extremely reliable Japanese movement. 
 
 

Exhibitions & Events

 

Record price for unique A. Lange & Söhne piece

At the eagerly awaited Phillips spring auction, held in Geneva, the only 1815 “Homage to Walter Lange” watch ever made in a steel case went under the hammer for an unbeatable price of CHF 852,500 (US$ 852,414; € 713,627; incl. buyer’s premium). This is the highest result at auction that a Lange wristwatch has ever achieved. 

The unique piece was dedicated to company founder Walter Lange, who passed away in 2017. Its special features include a jumping sweep-seconds mechanism, black enamel dial segment and stainless-steel case. All proceeds from the sale of the watch will go to the Children Action Foundation. 
 
 

Celebrity News

 

Dame Helen Mirren wears Avakian at the 71st Cannes Film Festival

The British Actress adorned a necklace and earrings from the High Jewellery Collection. The set draws upon the style of the Art Deco. The one-of-a-kind jewels float in a lacy web of pavéd diamonds that entraps yellow sapphires, accented by pear-cut and shield-cut blue tourmalines on the lace mesh. Graduating in size, the gem-encrusted lozenge motifs of the unique pair of earrings and the necklace are interlinked on a diamond pavéd circle chain. 
 

Léa Seydoux and Alessandra Ambrosio shines in Boucheron at 71st Cannes Film Festival.

French actresses Léa Seydoux jury member and Boucheron Ambassador for Cannes wore the Lierre de Paris necklace and hand ring in white gold and diamonds, mixed with the Rosée pendant earrings in white gold and diamonds from the new High Jewelry collection Nature Triomphante. The top model Alessandra Ambrosio wore the Nevesta necklace from the Hiver Impérial High Jewelry collection in white gold set with a pear shape green diamond, mixed with yellow solitaire in white gold set with diamonds from the 26 Vendome High Jewelry collection. 
 

Stars shine in BVLGARI at the 71st Annual Cannes Film Festival.

Brand Ambassador Bella Hadid shines in High Jewelry earrings in platinum and rock crystal with cushion sapphire and cushion sapphire and diamonds, paired with High Jewelry Serpenti bracelet in white gold diamonds pavé and High Jewelry Serpenti bracelet in white gold with rubies a the Première of “Blackkklansman”. Leading Role Actress & Brand Ambassador Laura Harrier shines in Heritage earrings inspired by 70’s & Pop Art at the Première of “Blackkklansman”. Australian Model Jordan Barrett wears Octo Finissimo with alligator strap and gold dial paired with B.Zero1 ring with 4 bands in yellow gold, white gold and pink gold at the Première of “Blackkklansman”.
 
 
 
 

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