Industry News: Richemont Reports Stable Sales For Q1 2024, Results Down for Watches
Following the announcement yesterday of decreasing sales for the Swatch Group, particularly impacted by the industry's challenging situation in China and South East Asia, it is time today for one of its main competitors, Richemont Group, to announce its sales for the first quarter ended 30 June 2024. Contrary to expectations, global sales are to be seen as stable despite uncertainties, with sales up 1% at constant exchange rates. The owner of Cartier and watchmakers such as Lange, IWC, Vacheron or Jaeger however reports contrasted results depending on the regions and business areas, with a difficult situation for the Specialist Watchmakers.?Looking at the large picture, the Richemont Group seems to resist the current macroeconomic and geopolitical uncertainties, with sales up 1% at constant exchange rates compared to the same period in 2023 – April 1st to June 30th. The Group reports sales at EUR 5,268 million for Q1 2024 versus EUR 5,322 million for Q1 2023, a decrease of 1% due

Audemars Piguet and Richard Mille Will Leave the SIHH as of 2020 - Monochrome Watches
While it became quite common to hear brands leaving Baselworld and complaining about the show (Swatch Group a few weeks ago, Raymond Weil this morning), the Geneva-based, Richemont-controlled Salon International de la Haute Horlogerie – or SIHH – was still?in safer waters… As of today, as?it’s time for the SIHH to also face non-neglectable departures. Good point is that it isn’t for this year, as indicated by?CEO Fran?ois-Henry Bennahmias in Le Temps, Audemars Piguet will still be there at the SIHH 2019… But that will be its last appearance.“The 2019 edition will be the last for us. Then the SIHH and Audemars Piguet will take different directions” said FHB to?Le Temps. The main reason indicated by the CEO of AP is that trade shows aren’t in line anymore with expectations of brands, and that such fairs are only intended for professionals (press and retailers). “Today we want to focus 100% on the end customer,” said FHB. A

BYOW (Build-Your-Own-Watch) - The Revolo Concept, An Affordable Way To Design A Unique Watch - Monochrome Watches
Admit it, most of us (if not ALL of us) have dreamt about it at one point; building your own watch. Whether it's our very own watch brand, or a Piece Unique. Normally, if you call it normal, this will cost you thousands if not hundreds of thousands, especially when you want to turn your concept into an actual brand. There is a solution though, and it goes by the name of Revolo. We take a look at what it is, and what it can do for you through our very own Monochrome Piece Unique.The Build-your-own-Watch concept isn't new, nor is it as unique as you might think (but it all depends on the execution of said concept, whether or not you should consider it!) Revolo understand this pretty well and offer a huge range of options to choose from, all available in a simple yet effective online configurator. You can really get crazy and build something that is a reflection of your personal ideas (or that might be downright ridiculous to others). Don't think about that one second though, build what Y

Cuervo y Sobrinos Historiador Flameante Salmon Dial - Review, Price
Cuervo y Sobrinos, the Swiss brand with Cuban roots, expands its Historiador collection with this new Flameante model with an elegant salmon dial. Like all Cuervo y Sobrinos designs, the mood is markedly retro. In the case of the Historiador Flameante collection, the inspiration is taken directly from a Cuervo y Sobrinos model produced in the 1950s. With its slim profile, distinctive lugs and hand-wound movement, the flaming' dial of the watch catches the eye immediately.Cuervo y Sobrinos is an oddity in the world of Swiss watchmaking: it is the only Swiss brand with Cuban roots. Established in Havana in 1882, the brand was revived in the late 1990s and has carved a niche with models that lean heavily on vintage design cues. In line with more contemporary tastes, the cases are larger than the original vintage pieces which inspired the collections. Most of the Historiador family watches are equipped with modern, Swiss mechanical movements. There are recreations, like the Historiador Lan

Oris Aquis Date Relief (Specs & Price)
With the new Aquis Date Relief, Oris continues a thing that has become sort of a tradition, a special edition watch attached to a good cause. Certainly, there is a lot to love in this new edition – it is, after all, an Aquis with a cool new colour scheme – but the most important isn’t only about the watch.?Oris and expedition swimmer Ernst Bromeis are going their own way to bring meaningful change to the state of the world's water.Before we take a look at the Oris Aquis Date Relief itself, it is necessary to look where this watch comes from and what it stands for.The shape of waterFor their latest partnership watch, Oris has teamed up with?expedition swimmer and World Economic Forum Davos 2019 Speaker Ernst Bromeis, in order to raise awareness of the importance of water in our world. Water is the source of life – something that has been already covered by Oris in the “Source of Life” limited edition. But how bad is the situation? Ad - Scro