Salon International de la Haute Horlogerie becomes Watches & Wonders Geneva; Baselworld launches a Concierge Service for exhibitors and visitors; GCC economies faces slow down

   
 
 

Market News

 

Salon International de la Haute Horlogerie becomes Watches & Wonders Geneva

For its 30th edition in April 2020 in Geneva, Salon International de la Haute Horlogerie (SIHH) makes the biggest change in its history. With a new format, new name, new dates and new audiences, SIHH becomes Watches & Wonders Geneva: an unprecedented concept, now in association with the City and the Canton of Geneva. From April 25th to 29th, 2020, Watches & Wonders Geneva will bring the entire international watch community together. This will also be the first time the event opens its doors "In the City", by inviting a wider public to venues throughout Geneva.

 

Baselworld launches a Concierge Service for exhibitors and visitors

With a focus on enhancing the visit experience for exhibitors and visitors and streamlining the processes, the Baselworld team has taken action by creating and implementing an e-concierge service with focus on individual bookings as of the next edition in 2020. This online service is capable of processing, centralizing, advising, guiding and booking all requests for accommodation and stays that includes hotels, flights, as well as transfers and cultural excursions - for all individual and collective requests. What all attendees alike can expect are excellent service and time savings. With the implementation of this new support, Baselworld is initiating the change towards an enhanced show experience from 2020.

 

GCC economies faces slow down

According to the latest World Economic Outlook (WEO) report from the International Monetary Fund (IMF), GCC economies are projected to slow down in 2019 in tandem with slower growth forecasts for most global economies. Growth in the Middle East and Central Asia region is expected to be 0.9 per cent in 2019, 0.4 percentage point lower than in the April 2019 WEO, largely due to the downward forecast revision for Iran (owing to the effect of tighter US sanctions) and Saudi Arabia. In the GCC, with the exception of Bahrain and Qatar, all economies are projected post slower real GDP growth compared to 2018. While Bahrain is expected to grow at 2 per cent this year compared to 1.8 per cent last year, the UAE is expected to maintain growth at 1.6 per cent compared to an estimated 1.8 per cent growth last year.

 
 

Company News

 

Boucheron supports Abu Dhabi Art

In line with Boucheron’s commitment to creativity and design, the Maison is proud to support one of the Middle East’s most prominent art events, Abu Dhabi Art, for the second time. From 21st – 23rd November 2019, Boucheron will welcome guests to an exquisite Parisian Winter Garden, paying tribute to the existing one in the 26, place Vendôme, within Manarat Al Saadiyat, sharing its history as the oldest jeweller on Place Vendôme, its creative philosophy and its incredible savoir-faire.

 

Chopard Official Timekeeper of the first Mille Miglia Green Rally

Chopard is extending its historic partnership with the Mille Miglia to supporting the first edition of the Mille Miglia Green. This new race from Brescia to Lainate via Milan involves various all-electric vehicles, along with hybrid models and authentic vintage cars equipped with an electric engine block. It reflects Chopard's ethical commitment and shows that it is possible to unite its passion for automobiles and its Journey to Sustainable Luxury within the same dynamic. To encourage participants halfway through, Chopard had set up its Chopard Espresso Lounge on Gae Aulenti Square in Milan, offering gentlemen drivers engaged in the competition – as well as enthusiasts who had come to cheer them on – a place conducive to conviviality and sharing.

 

OMEGA introduces new official Certificate of Authenticity

OMEGA is now providing an official Certificate of Authenticity for its vintage timepieces. This new initiative is OMEGA’s first step toward better transparency in the vintage market, and will provide definitive validation from the company’s experts in Switzerland. The Certificate of Authenticity will be given to an “authentic” OMEGA timepiece that is older than 30 years. To gain the certification, owners can either present their vintage timepiece directly at OMEGA’s HQ in Switzerland, or to a participating OMEGA Boutique in their country.

 

ISTANA launches Nanis brand in the UAE

ISTANA has launched Nanis, an exquisite Italian brand possessing a wide collection of hand engraved gold with impeccable soft textural effects and diamonds. Founded in Vicenza, Italy’s Capital of Gold, Nanis’ artisanal craftsmen masterfully combine skillful creativity, experience and talent to hand make delicate jewellery perfect for all occasions. The jewellery is hand crafted in their ‘Factory of Luxury’, and the gold is hand etched, allowing light to illuminate the gold, radiating a warm glow across each piece. Establishing fluidity between creative ideas and wearable art pieces, Nanis’ collections include Amarcord, Ipanema, Cachemire, Dancing Gold, Dancing Stones and Lagoon, with an impressive portfolio of rings, necklaces, bracelets and earrings.

 

Rado launches new boutique with Hrithik Roshan at The Dubai Mall

Rado has opened its new boutique at The Dubai Mall along with their brand ambassador and Indian movie star, Hrithik Roshan. The new boutique is one more addition to the line-up of Rado’s presence in the GCC region for watch enthusiasts and will include their latest product offerings, the moment they are launched in the region.

 
 

Product Launch

 

Harry Winston celebrates the 20th Anniversary of its Avenue collection

Harry Winston celebrates the 20th Anniversary of its Avenue collection with a celestial white gold timepiece featuring a poetic moon phase complication and allusions to the architecture of the House’s famous Fifth Avenue Flagship Salon. The rectangular case of the Avenue Classic 20th Anniversary Moon Phase timepiece is set with 50 brilliant-cut diamonds on the bezel, case bands, and crown. At the top of the case, marked by two brilliant-cut diamonds, are the hallmark arches of the Avenue collection, a tribute to the grand arched doorway that leads to the Fifth Avenue Salon, a gateway to the glamorous world of Harry Winston.

 

Ferdinand Berthoud presents new FB 1“OEUVRE D’OR” collection

At the 2019 Salon International de la Haute Horlogerie (SIHH), Chronométrie Ferdinand Berthoud presented a new pillar of its FB 1 collection: the OEuvres d’Or. These were two extremely limited five-piece editions, directly inspired by a creation by Ferdinand Berthoud, the Astronomical Pocket Watch No. 3, assembled and adjusted in Paris in 1806. Today, the OEuvre d'Or collection is enriched by a new limited and numbered edition of five watches (ref. FB 1.2-3), combining a rose gold case with a white gold dial and a movement with three half-bridges in 18-carat rose gold. The overall appearance of the model remains faithful to its inspiration.

 

Discover Maestro Quetzalcoatl by Christophe Claret

Christophe Claret has created a masterpiece to honour one of ancient Mexico's main deities: the Quetzalcoatl watch, available as a limited edition of 8 pieces. Engraved by hand in meticulous detail, the feathered serpent is skilfully incorporated around the Maestro's movement. This important Aztec deity – patron of the priesthood, inventor of the calendar and protector of craftsmen – proudly snakes across the Maestro's movement.

 

Glashütte Original presents special limited edition Seventies Chronograph Panorama Date in green and grey

The Seventies Chronograph Panorama Date from Glashütte Original continues to enjoy an enthusiastic reception five years after it was first presented to friends of fine watches around the world. Today the successful chronograph presents another facet, in two limited editions of 100 pieces each: equipped with fascinating dials in green and grey, the new versions pay special tribute to the landscape that has inspired the work of Glashütte’s watchmakers for over 170 years. The new timepieces are framed by a streamlined, stainless steel case holding the Calibre 37-02 chronograph movement: an automatic 4 Hz column wheel movement with 70-hour power reserve.

 

Ulysse Nardin introduces Hourstriker Phantom

Devialet, the French company that’s revolutionizing high definition audio with its luxury oval speakers, and the legendary watchmakers Ulysse Nardin introduced a limited edition of 85 striking watches: an enhanced audible experience worn on the wrist. With a classic striking mechanism, a hammer hits a timbre generating sound frequencies, when emitted, tells the time on command. However, in the Hourstriker Phantom, the heel of the timbre is fixed by a system of torsion arms that change the direction of the action forces induced by the timbre's vibrations.

 

Panerai Luminor Due continues its process of evolutionary adaptation

In keeping with the genetics of the Luminor Due family, Panerai remains unconventional in its attitude and its predisposition. The new watches have been mechanically redesigned in terms of size and consequently they are innovative. Naturally inclined to change, today the Luminor Due with its new content is acquiring a more pronounced identity. Leading the way, on the one hand there are three new models sharing the brushed titanium of the case and the blue satiné soleil finish of the dial. On the other hand there are three updated models of varied character, embodying a consistent array of style and versatility. All of them are united in being fitted with mechanical Manufacture movements and quickly changeable straps.

 

L'Epée 1839 launches Requiem Black & Palladium

To celebrate the “Day of the Dead” professed in different cultures and religions, L’Epée 1839 decided to renew the ‘Requiem’ clock – creation born two years ago from a partnership with Kostas Metaxas – by creating a new appearance: Requiem Black & Palladium. The symbolism of the eye being artistically considered as a representation of the flying time, the numbers have been wisely positioned on two discs appearing into the eye cavities, substituting this way the eyes, or at least making them be spectators of time going by.

 

Louis Erard collaborates with Alain Silberstein

Louis Erard watches are embarking on a new strategic route with a reinterpretation of the brand’s regulator watch in collaboration with the architect and watchmaker Alain Silberstein, available in two limited editions of 178 watches. The watch’s design starts with the mechanics: the brand’s regulator, an exclusive calibre made for Louis Erard. This complication goes back through the history of watchmaking. Traditionally, the principle of the regulator is to separate the indications of the hours, minutes and seconds in order to improve chronometric precision. This is a pillar of Louis Erard’s timepieces, with the regulator at the heart of its collections since the brand’s relaunch in 2003.

 

Phenomen presents the Titanium/Carbon AXIOM

The Titanium/Carbon AXIOM’s new livery reveals it exactly as it looks on the wrist: sculptural, powerful, and unique. The use of carbon for the bezel emphasises its singular geometry – an inclined part whose manufacture is highly complex, designed to allow a broad aperture and optimised readability. The moiré finish of the carbon adds a unique touch – no two Titanium/Carbon Axioms will be exactly alike. This new, ultra-exclusive finishing will be provided on just 40 timepieces.

 
 

Exhibitions & Events

 

Dubai Watch Week reveals upcoming Panels and keynote Speakers

Dubai Watch Week has announce its roster of renowned speakers and panel topics for the 4th edition. Speakers will range from watch curators, pioneers, brands, artists and collectors to foster the exchange of their insights and perspective over a series of panel discussions dedicated to the transfiguration of horology under the theme ‘Innovation and Technology’. Among the speakers are renowned personalities, including non-Executive President of the LVMH’s Watch Division, Jean-Claude Biver; Actor/ Horologist/ Watch Designer, Aldis Hodge; and Danny Govberg, Co-founder and CEO of WatchBox. These speakers will also be joined by the Global Managing Director of Christie’s, Aline Sylla-Walbaum; acclaimed Chef and Restaurateur, Izu Ani and legendary watchmaker, Philippe Dufour.

 

GJEPC announces special rate benefits for IIJS Signature 2020 & IIJS Premiere 2020 for exhibitors

The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gem & jewellery sector sponsored by the Ministry of Commerce & Industry, Government of India (GoI) has announced a series of measures to promote exports of diamond jewellery and gold jewellery from India. In view of the current precarious state of the gem & jewellery industry, GJEPC has announced Rate Benefit to IIJS Signature and IIJS Premiere Participants as follows: Ordinary & Ordinary+ MSME Members: 15%; MSME Members: 10%; Associate Members: 5%. To avail this exclusive benefit, application with 50% advance for IIJS Signature 2020 and 10% Advance for IIJS Premiere 2020 should be applied by 20th November 2019.

 

The world’s most valuable Guitar worth 2 Million Dollars will be on display at the Jewellery and Watch Show Abu Dhabi

The upcoming Jewellery and Watch Show Abu Dhabi (JWS) held under the patronage of Sheikh Nahyan bin Mubarak Al Nahyan, the Minister of Tolerance of the UAE will take place on 26-30 October at Abu Dhabi National Exhibition Centre (ADNEC). This year it will be showcasing the world’s most valuable guitar which has been approved by the Guinness Book of World Records. Visitors will be able to take a glimpse at the extravagant guitar decorated with over 11,441 diamonds amounting to over 400 carats set in 1.6 kilograms of white gold. The guitar which is named the “Eden of Coronet” was designed by Mark Lui (also a renowned song writer), created by 68 artisans and took 700 man days to complete.

 

GJEPC presents India Diamond Week

The Gem & Jewellery Export Promotion Council (GJEPC) organized the India Diamond Week from 15th to 17th October 2019, which is aimed at creating an annual trading platform to increase communication amongst diamantaires and promoting the Make in India diamond business globally. India Diamond Week in Mumbai witnessed participation from 87 prominent buyers including those from the Australia, China, Egypt, France, Greece, Hong Kong, Israel, Italy, Lebanon, Russia, Netherland, New Zealand, Russia, Saudi Arabia, Sweden, Taiwan, Thailand, UK, Ukraine, USA and Uzbekistan amongst others. The first two days had pre-fixed one-to-one meetings of 30 minutes between the buyer and seller, and the third day is an open exhibition.

 
 
 
 

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