Watches NEWS
Interview - The Online Watch Market - Philipp Budiman from Montredo
Yesterday we started with the first in a series of interviews with the CEOs of the world’s largest online watch marketplaces. Each and every place has its own specific ways of dealing with trade; one company owns the displayed inventory, the other doesn’t, and a third has a hybrid approach. One way or another, all these companies want to give you the best and most secure buying experience. But how do they do it? The respective CEOs explain this and today we’re talking with Philipp Budimann, CEO of Montredo.Montredo is a newer marketplace, but already one of the largest players on the Internet. During our conversation, Philipp mentioned that his readers love videos like Montredo's Meet the Manufacturer and Hodinkee's Talking Watches. And then he told me that I could leave out mentioning Hodinkee’s videos. Of course not! At MONOCHROME we also love watching Talking Watches! Now on to the interview with Philipp Budimann, CEO of Montredo.Can you give us a quick histo
The New Green Piaget Polo Collection for 2022 (Price)
Released in 2016 after causing a bit of a storm, the Piaget Polo collection has now become a cornerstone of the brand, representing its sporty-chic offering. Using classic design elements of Piaget and combining them with its thin automatic movements – even with a striking openworked edition – the Piaget Polo is now fairly established in the watchmaker’s landscape, and it’s been unveiled in?several green models already. Now, for 2022, some new green editions are presented, with the new green Piaget Polo Skeleton and the new green-and-gold Piaget Polo Date.Polo is?an important name for Piaget. Since its creation in 1979, the collection has been the brand's incarnation of the luxury sports watch, but it has been known under rather different incarnations. The Piaget Polo as we know it today has been presented in 2016, surfing on the wave for elegant, thin yet robust sporty-chic watches. A combination well-known to watch enthusiasts, which is here presented with cla
Introducing The Titanium Big Pilot's Watch IWC Racing Works
The name Pilot’s Watch at IWC has long meant more than just watches made for military purposes. In fact, it also stands for the long-standing connection of IWC to motorsport. After entering a partnership with Mercedes-AMG in 2004, IWC became the official engineering partner of the Mercedes-AMG Petronas F1?Team in 2013 and established its own classic racing team, IWC Racing, in 2018. There’s even a connection with Hot Wheels and Goodwood. To pay tribute to this motorsport passion, IWC releases the reference IW501019, an “IWC Racing Works”?limited edition based on the real Big Pilot (yes, the big one) with a?grade 5 titanium case.?Apart from the launch of a new edition of the Big Pilot – and yes, we mean by that the real deal, with an oversized case, and dial with power reserve and date, not the streamlined and smaller BP43 – which is always something to praise, there are a few things with this new model to tickle the interest of hardcore fans of the m
BUSINESS INSIGHTS: New CEO for Kering Watches (Girard-Perregaux - JeanRichard) - Monochrome Watches
After the appointment of Jean-Frederic Dufour as new CEO of and of Jean-Claude Biver as CEO of all watch brands of the LVMH Group (see here), it's now the turn of Kering (former PPR) - including Girard-Perregaux, JeanRichard and Boucheron - to name a new CEO. That new CEO is Albert Bensoussan, formerly Sales Director?for Louis Vuitton Watches.?What happened in the watches industry? For a month now, it's a real musical chairs game. , LVMH and Kering (formerly known as PPR), 3 of the major groups, appoint new CEOs, new teams and new strategies. Are they anticipating changes in consumer behaviour, or a decrease of the market? We don't know if all these changes are a good sign or if they predict a period of rough weather. Whatever is going on, the industry is getting a new face. It looks like the immense growth of the market these last few years/decades is over - or at least slowing down. Ad - Scroll to continue with article
LVMH First Quarter 2020 Results Show Declining Sales, But Still Relative Resilience - Monochrome Watches
As a first reliable indicator of the impact of COVID-19 on the luxury industry, the French powerhouse and market leader, LVMH has just announced its results for the first quarter of 2020. A period that accounts for the first weeks of lockdown and closed shops, both for the Asian and European markets. With sales down 15% compared to the same period in 2019, there’s no denying the impact, although the portfolio of brands still shows “its ability to be resilient in an economic environment disrupted by a serious health crisis.” However, disparities exist within the business groups.With the confinement rules applied first in China (as of mid-January), one of LVMH’s major markets, followed by the same policies in Europe (as of mid-March) and in multiple countries over the world, combined with the closure of stores and manufacturing sites in most countries and suspension of international travel, we were expecting sales of the LVMH Group to be dramatically impacted. Wit
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