Industry Richemont Shows Strong Results for First Semester 2021
Following a turbulent period, the market for luxury goods is well on track for recovery For the 6 months period ended?30 September 2021, Switzerland-based luxury group Richemont recorded strong revenue growth. At EUR 8,907 million, sales were up 63% at actual exchange rates and 65% at constant exchange rates. Compared to the same period before the pandemic – in 2019 – sales increased by 20% at actual exchange rates and by 24% at constant exchange rates. The operating profit for the period amounted to EUR 1,949 million up 331% year-on-year, and up 67% compared to the same period two years ago.Richemont reports a 67% increase for the sale of its jewelry Maisons (Cartier, Van Cleef & Arpels) at EUR 5,097 million. At EUR 1,679 million, sales at the Specialist Watchmakers were 74% higher than in the prior-year period, and 7% higher on a two-year basis. Richemont underlines the growing integration of sales from a multi-brand to a mono-brand environment (Directly operated stor

IWC Pilot's Watch "Mercedes-AMG Petronas Motorsport" / Introducing
Manufacturer IWC Schaffhausen has dedicated two limited-edition Pilot's watches to Mercedes-AMG Petronas Motorsport, the renowned constructor of Formula One cars based in the UK. As the team's official engineering partner since 2013, IWC exploits the many parallels that exist between motor sport's premier competition and high-end watchmaking. Kitted out with the black and turquoise livery of Mercedes-AMG Petronas Motorsport, two limited-edition Pilot's watches - a perpetual calendar and a chronograph - join IWC's line-up of aviator models.Editor’s note: Yes, indeed, at IWC a Pilot’s watch doesn’t only mean “flying tool” but refers to pilots in general, of the airborne and track kind. Previously reserved to the Ingenieur line, with the integrated bracelet and shaped case, the new AMG editions are no longer based on this collection – the Ingenieur of today is dedicated to classic motor racing, not to technical, modern F1. This is the role of the Pilot&

Introducing Patek Philippe Minute Repeater Alarm 1938P Tribute to Philippe Stern
A watch that should have been first presented thanks to a unique piece for Only Watch 2023 (which has been postponed), we knew that Patek Philippe?was on its way to presenting a new model entirely dedicated to its former President, father of the current President and a man of great importance for both the brand and the Swiss watch industry, Mister Philippe Stern. In order to celebrate his 85th birthday, and as a tribute to his father, Thierry Stern (of the fourth generation of the Stern family, appointed president in 2009) honours his father by creating a special edition of 30 watches, a complex model including a newly developed movement, created solely for this piece and never to be used again. Here’s the Patek Philippe Minute Repeater Alarm 1938P.?Father and son – Philippe Stern and Thierry SternWhat could be a better tribute to the man who has been at the head of Patek Philippe from 1993 to 2009, a manufacture specialized since its inception in chiming watches, than a mi

Patek Philippe Aquanaut Chronograph 5968A - Baselworld 2018 - Hands-on, Specs & Price
Patek Philippe continues to surprise us at this 2018 edition of Baselworld. After a rather unexpected perpetual calendar on the Nautilus, the brand now has a chronograph version of the Aquanaut – a first since the introduction of the model in 1997. And there’s more as the?Aquanaut Chronograph 5968A comes with bold touches of colour on the dial and the strap. Like or not, but Patek is moving forward.The Aquanaut was the first Patek to be purpose-built for an active life, for sports and for aquatic purposes. It’s not that the Nautilus was ever considered a dress watch, but it was more of a mix between elegance and sports. The Aquanaut has never hidden its raison d’¨ºtre. It was even the first Patek to feature a rubber strap – and in 1997, that was pretty rare. For the first time in its history, this modern icon receives a chronograph, alongside the two other existing versions – the time-and-date and the travel time models. Ad - Scroll to cont

Introducing The New TAG Heuer Monaco Skeleton Chronograph (Live Pics & Price)
The TAG Heuer Monaco, the instantly recognizable square chronograph designed at the end of the 1960s, is nothing short of an icon (a word often abused, but that does have its place here). Fueled by the connection with motorsport, worn by legends in cult movies, oddly cool and boldly designed, and with more than half a century of stories to tell, it has recently been presented in multiple iterations, including classic designs or audacious colours. Today, TAG Heuer is presenting what could be the most contemporary and technical take on its Monaco Chronograph in recent years, a version that reveals parts of the movement on the dial side and that plays on modern graphics to animate its display. Here’s the new TAG Heuer Monaco Skeleton Chronograph.If you exclude the highly technical V4 editions – deeply revamped models powered by a movement driven by belts, and with a different case shape –?a unique piece in carbon made for Only Watch 2021, and the very exclusive “Ri