Watches NEWS
First Look: The New Seiko Prospex Speedtimer Chronograph SRQ051 and SRQ053
Seiko’s involvement in chronographs is far more prominent than many would imagine. While the brand’s significance regarding dive watches is indisputable, Seiko has also left its mark on stopwatches. Remember that in 1969, it was part of a trio that presented the first automatic chronograph movements with a watch named the Speedtimer. Last year, the Japanese watchmaker presented a tribute to this important watch with the Prospex Speedtimer Chronograph SRQ047 and SRQ049. This year, the collection extends with two new models – references SRQ051 and SRQ053 – bearing new dial colours.While we’ve already explored the history of Seiko’s role in chronograph watches when we introduced last year’s Speedtimer models, let’s just recap the most important facts. Seiko released its first chronograph watch and movement in 1964, which coincidentally was the first of its kind for a Japanese manufacturer: the Seiko Crown Chronograph and its calibre 5179. In
Industry Luxury Giant LVMH Reports Record Revenues in 2021
Fuelled?by robust demand in?Asia?and the?United States, the luxury market rebounded strongly in 2021. LVMH, the world’s largest luxury-goods company, has just released its results for 2021. The French luxury powerhouse delivered record performance with a revenue of EUR 64.2 billion, up 44% compared to 2020 and up 20% compared to 2019. Organic revenue growth was 36% compared to 2020 and 14% compared to 2019. Profit from recurring operations stood at EUR 17,151 million for 2021, more than double 2020, and up 49% compared to 2019.If all business groups recorded double-digit growth, the performance of the Fashion & Leather Goods business group was exceptional with a 46% increase in revenue at EUR 30,896 million.Source LVMHFor what is our main concern at MONOCHROME, at EUR 8,964 million, the Watches and Jewellery Business group recorded revenue growth of 167% in 2021 compared to 2020, as Tiffany & Co. was consolidated for the first time. To provide a better idea of the trend f
Face to Face - IWC Portugieser Chronograph 3716 In-house Vs. 3714
Let’s play a little game of “spot the difference”… And before we allow you to turn the watches over and look at the caseback, it’s going to be a tough one. Indeed, there’s a new IWC Portugieser Chronograph, under the reference 3716, a watch that replaces a 22-year-old icon, the classic Portugieser Chronograph 3714. And looking at the opening photo of this article, you could have thought we photographed the same watch twice… but we didn’t. And let’s be honest, this is great news. No changes for the sake of change, just updating what needed to be updated. Let’s have a look at the new IW3716 versus its predecessor, the IW3714.Is this the new IW3716 or the old IW3714…? Hard to tell!Reminder: why the IWC Portugieser Chronograph mattersTogether with the pilot’s watch collection, the Portugieser is certainly the most famous IWC range. Classic, iconic, superbly designed, slightly dressy without being too formal – it&
Revisiting an Icon: The Omega Flightmaster - Monochrome Watches
No one would argue that the most popular timepiece that ever came out from the halls of Bienne, Switzerland, was the 1969 Speedmaster. But on that same year, another icon was born, one of which was living under the shadows of its brethren, a manual-wound chronograph with a GMT-function, the original aviator piece from Omega, the Flightmaster.The Flightmaster is perhaps one of the few rarely known variants of the Speedmaster lineup that didn't carry the same name. A watch that was created to be the ultimate aviator watch of its era. First glance on the piece may be overwhelming for some, as it has a total of seven different hands performing different sets of task of simply telling the time and its variations. The relatively large case design makes it one of the bigger timepieces of that era. Measuring 42.6 mm case diameter without the crown, it is a huge timepiece to begin with. With a UFO shape like case and the absence of an outer bezel, this piece has vintage and classic written all
Introducing The Tissot PRX Blue Panda Chrono & New Rubber Straps
The PRX Collection, Tissot’s take on the 1970s-inspired sporty-chic watch with an integrated bracelet, seems to be a never-ending story. Last week, we broke the news about the imminent launch of a highly anticipated version, the Ice Blue edition of the Powermatic 80 – a colour first seen on the 35mm quartz version. But there’s more… The Ice Blue PRX was only one of the new models released for this season, and Tissot has more under its sleeve. And that includes the long-awaited rubber strap, which will finally make the quick-change device useful. And there’s a new, rather appealing chrono too.?The New Silver-Blue Panda PRX ChronographFirst, and following the two inaugural editions released last year, Tissot adds a new colour scheme to its big and bold Valjoux-powered PRX Chronograph. The first two models had vertically brushed dials in blue with silver counters or silver with black counters and gold accents. Now, the brand adds a sportier touch with a new s