Market News

Bulgari jewellery sales rise 14 percent in Q3

Bulgari reported that jewellery sales rose 14 percent in the third quarter. Jewellery sales for the quarter were driven by excellent performance of the brand's "B.zero1" spiral jewelry line and its snake-like "Serpenti" bracelet collection. Net profit for the company reached $22.7 million, an increase of 138 percent compared to third-quarter 2009.

Consumer confidence boosts Dubai Luxury Market

The increasing sales of luxury products are sending positive signals about the recovery from the economic financial crisis. According to the TNS Dubai Luxury Retail Market survey, 70 per cent of luxury shoppers tend to buy items that are not on sale, showing that lowering prices would not be such a draw for these buyers. As much as an eight per cent growth in high end sales is expected to be recorded by the end of the year.

Company News

Hublot to illuminate the Vendome Column

On 3rd December, the Comite Vendome and Hublot will light up the Vendome Column to mark the monument's bicentenary (it was erected by Napoleon I in 1810 to commemorate his Grande Armee). Jean-Claude Biver, Hublot's CEO, will press the button: this is a major first as the Vendôme Column. This event, the first ever illumination of the column, was made possible by Hublot who wanted an elegant way of celebrating its integration into the Comite Vendome.

Chopard and Bambi Awards

On the occasion of BAMBI 2010, Germany’s most important and glamorous media award event, Shakira chose to wear Chopard jewels for the ceremony. While Orlando Bloom, who received the BAMBI trophy in the Charity category, awarding his personal involvement in UNICEF activities, chose to wear a Chopard Grand Prix de Monaco Historique watch. The BAMBI trophy is proudly manufactured in the workshops of Chopard in Geneva.

Glashutte Original announces partnership with "Berlinale"

Glashutte Original has signed a three-year partnership agreement with the Berlin International Film Festival “Berlinale”, Germany’s largest cultural event and one of the leading film festivals in the world. The agreement calls for Glashutte Original to serve as Co-Partner of the Berlinale, starting with the 61st edition of the festival set to begin February 10th, 2011.

Piaget Boutique showcases an exclusive High Jewellery Collection at 360° Mall Kuwait

On 9^th and 10^th of November, Piaget in association with its historical partner, Morad Yousuf Behbehani, showcased a select high jewellery collection at the Piaget Boutique in 360° Mall Kuwait. The special high jewellery collection incorporated exceptional pieces from Piaget’s thematic collections, including Limelight Paris / New York, Limelight Paradise and Limelight Jazz Party.

Richard Mille to unveil RM 017 Tourbillon at SIHH 2011

Richard Mille will unveil an extra flat watch, the RM 017 tourbillon, with a manual wind in an extra flat rectangular case with modern elegant line at SIHH 2011. The exhibition will be held in Geneva from 17 to 21 January 2011.

Ulysse Nardin opens Flagship Store in Moscow

Ulysse Nardin has opened flagship store in Moscow. The opening ceremony was similar to a scene out of a fairy tale and officiated by Rolf W. Schnyder, CEO of Ulysse Nardin and special invitee Anna Chapman. The new boutique presents a full range of masterpieces of legendary Swiss manufacture - Complicated Timepiece, Exceptional Timepiece, Marine, Ulysse, Macho, Ladies Timepiece, Dual Time and Classico collections.

Jean-Francois Mojon receives award at the Grand Prix D’Horlogerie

Jean-Francois Mojon, OPUS X watch engineer has been awarded the prize for Best Watchmaker of the Year at The 2010 Grand Prix d’Horlogerie de Geneve. Jean-Francois started his collaboration with Harry Winston Timepiece team in 2006 with the Lady Z then worked on the development of an exclusive movement for Project z6. In 2008, he came with a brilliant idea that would give birth to the OPUS X, unveiled last year at Baselworld international fair.

Jenson Button donates TAG Heuer Carrera Calibre S Abu Dhabi

Jenson Button has donated his TAG Heuer Carrera Calibre S Abu Dhabi 2010 timeless and exclusive edition for silent auction which was took place on November 14 at the Yas Island Marina Suite. Celebrating the return of the race in Abu Dhabi and inspired by the brand’s motor racing heritage, TAG Heuer launched the Carrera Calibre S Abu Dhabi 2010 Limited Edition watch, in October, 2010.

Scatola del Tempo rewards John Turturro

Scatola del Tempo, the prestigious Italian company and creator of rotating watch holders, has rewarded actor John Turturro for the timeless quality of his films, his relationship with Italy and his culture and style. Turturro received the award in Los Angeles during the Cinema Italian Style movie festival.

Christie's expands business in the Kingdom of Saudi Arabia

Christie’s is expanding its business in the Middle East with the appointment of Hayat Shobokshi as Consultant Representative based in Saudi Arabia. In her new role she will assume responsibility for the implementation of Christie’s strategy for Saudi Arabia as well as increasing participation of Saudi clients in Christie’s international auctions and diversified businesses such as Christie’s Great Estates and Christie’s Education.  

Product Launch

OMEGA unveils Ladymatic in Beijing

OMEGA has unveiled the Ladymatic at a press conference featuring Oscar-winning actress and OMEGA brand ambassador Nicole Kidman at Ritz Carlton Hotel in Beijing. This timepiece, which combines state-of-the-industry-technology with extraordinary aesthetic appeal, was designed as the definitive mechanical wristwatch for women of accomplishment in the 21st century. The event was attended by international members of the media from around the world.

The 2010 Asprey Christmas cracker

Asprey has unveiled its annual Christmas cracker. The Christmas cracker continues to be a classic feature of a traditional British Christmas. This year, beautifully encased in a feather and iridescent effect shell, the cracker contains a festive paper crown, Christmas motto and balloon as well as an exquisite sterling silver Asprey gift.

BOVET presents Fleurier Ladies Touch

BOVET has enriched its Fleurier AMADEO collection to the unique spirit of women with the option of a personalized miniature hand-painting on the dial with 12 diamond hour markers. This painting covers only a slight surface of the delicate mother-of pearl dial and is called the ‘Ladies Touch’. This is convertible into a pocket watch or table clock and can therefore be removed conveniently from its bracelet and worn on the AMADEO sautoir necklace.

RAYMOND WEIL presents Maestro tradition collection

RAYMOND WEIL has presented the new Maestro tradition collection and announced the second phase of RAYMOND WEIL by You brand campaign where consumers co-create social content. Moreover, RAYMOND WEIL has declared the winners of the Photography Competition 2010. The RW Club Photography Prize is awarded to a young Italian artist, Elena Rendina, and the Members' Award to Louise Te Poele from Netherlands.

GRAHAM LONDON introduces Silverstone Time Zone

GRAHAM LONDON has introduced the Silverstone Time Zone collection featuring a thin 42 mm case, Calibre G1714, automatic self-winding movement, 42 hours power reserve, domed sapphire crystal with double-sided anti-reflective coating and see-through sapphire case back and leather strap. The Silverstone Time Zone is available in three dial colors: Black Carbon, Silver and Gulf Blue.

Montegrappa offers NeroUno Lifestyle Collection

Montegrappa’s NeroUno collection consists of pens that were designed with an eye to the company’s peerless reputation for classic writing instruments, followed by the equally elegant and minimalist range of cufflinks and the third element is the wristwatch featuring a contemporary case size of a generous 42mm. It houses a Ronda 6004 quartz movement, and is water resistant to 5ATM (40m).

Paspaley introduces new Marquise Collection

This year Paspaley celebrates 75 years in the South Sea pearling industry with the arrival of new jewellery collection, Marquise by Paspaley. Taking inspiration from the era in which the Paspaley story began, Marquise pays homage to the spectacular vintage jewellery of the 1930s, reinventing old world glamour with a sophisticated, modern edge.

Exhibitions & Events

Saint Honore Media Round Table

Saint Honore has conducted a media round table on November 22 at Zest Restaurant, One & Only on the Palm. Saint Honore CEO, Olivier Birault, sponsors of the All4One Franco-German team currently participating in the Louis Vuitton Cup sailing event in Dubai, Jochen Schuman (skipper), John Cutler (tactician), Stephane Kandler (CEO) were present to interact with the media.

Damiani to present Masterpieces Collection with Ms. Sophia Loren

Damiani will be having an exclusive presentation of the Masterpieces Collection in the presence of the legendary screen icon, Ms. Sophia Loren on November 28 at Damiani Boutique, Dubai Mall.

Ivanka Trump to launch Fine Jewellery Collection

Ivanka Trump is expected to launch its fine Jewellery collection on the 6^th of December at Harvey Nichols – Dubai. Ivanka will be making an appearance in store at the event.

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