Watches NEWS
LVMH Sets New Records In 2022 With Revenue Up 23% At EUR 79.2 Billion - Monochrome Watches
LVMH, the world’s largest luxury goods company, has just released its results for 2022. The luxury goods market took a further leap forward, and it has been another record year for the French powerhouse, with a revenue of EUR 79.2 billion, up 23% compared to 2021. The profit from recurring operations is also up 23% at EUR 21.1 billion.The growth has been driven by Europe (+35%), Japan (+31%) and the USA (+15%), while lockdowns impacted business in China. As a result, the trend in Asia (excluding Japan) was flat (+0%), and the relative contribution of the region to the Group’s revenue fell by 5 points to 30%.The revenue of all business groups is driven by the fashion and leather goods activities (+25% at EUR 38.7 billion). Louis Vuitton alone achieved EUR 20 billion in revenue! The Watches & Jewelry business group, the sector that concerns us at MONOCHROME, reported sales are up 18% at EUR 10.6 billion with a profit from recurring operations of EUR 2 billion (+20.1%). Th
Face to Face with Omega: A Tour Revealing the Past, Present and Future of the Company - Part 1 - Monochrome Watches
Baselworld is complete madness. It's difficult to comprehend the sheer size of the fair when you hear it from someone, and it’s a totally different thing to experience it personally. This year the Monochrome team cunningly decided to split forces and covered almost everything with battle hardened Frank accompanied by Brice and Robin. My role was to dig a little deeper. Taking advantage of my free role assigned by the Mono-HQ I decided to cover one of the most important players in the Swiss horological industry, Omega. Sure, it's very nice to cover the new releases and the hottest offerings in Baselworld but it's also extremely satisfactory to be able to lay back and visit key installations that reveal to me the past, present and a glimpse of the near future. So, sit back and enjoy the tour.¦¸ The BrandA Few Words About Its Course Through TimeMany and rightly so, consider Omega one of the most important players in the industry. During the 20th Century many important people from all
Jaeger-LeCoultre Reverso Tribute Duoface With Casa Fagliano Strap - Pre-SIHH 2018 (Specs & Price)
The Reverso… A classic among the classics. It is indeed such a watch, however, there’s nothing wrong with a good old classic watch and the Reverso proves it after almost 90 years of existence (its creation dates back 1931). Done in dozens of variations, Jaeger-LeCoultre introduces a new model as part of the Pre-SIHH 2018 collection: a Reverso Tribute Duoface elegantly dressed in pink gold?and combined with a superb leather strap done by Argentinian?bootmaker?Casa Fagliano.As said, the Reverso is a true classic, not to say an icon. Created in the early 1930s for Polo players who wanted to have the face of their watches protected during the games, the concept of the reversible case quickly gave ideas to watchmakers to bring something more. While on a normal version of the Reverso, the backside is often used to show a personalised engraving, Jaeger-LeCoultre also provided some mechanical content on this secondary side, creating a watch that can be worn on both faces. The?Jaege
Hands on with the Montblanc ExoTourbillon Chronographe - Monochrome Watches
In 2010 Montblanc launched the ExoTourbillon and at this year’s SIHH Montblanc treated us on two new version, in 18 carat white and red gold. The ExoTourbillon is Montblanc’s first combination of a chronograph (not just a chronograph) and a?tourbillon (not just a tourbillon).?All classic watchmaking expertise of Montblanc’s Villeret manufacture, the former Minerva manufacture, is brought together in this peerless timepiece. A single pusher chronograph – Minerva is famous for its magnificent chronograph calibers – and a tourbillon that is?singularly distinctive, brilliantly finished and innovative. Ad - Scroll to continue with article The ExoTourbillon combines a tourbillon and chronograph with a two-time-zone display, day/night indicator on regulator-style display.?The Montblanc Villeret manufacture is one of the few holdouts using
SIHH 2018 - Christian Selmoni of Vacheron Constantin, On The New Collection - Monochrome Watches
Yesterday, we told you about the brand new FIFTYSIX collection from Vacheron Constantin, which can be considered the brand's first major foray into entry-level pieces (relatively speaking). In this video, live from SIHH 2018, Christian Selmoni, Artistic Director of Vacheron Constantin tells us a bit more about what inspired the FIFTYSIX collection, as well as some of the other models the Maison will be introducing this year.As Brice highlighted in yesterday's article, when you think of Vacheron Constantin you don't generally associate the name with entry-level (aka affordable) timepieces. Founded in the mid-eighteenth century, Vacheron Constantin is one of the oldest watchmakers in the world and is well-known for its highly praised, exceptionally complicated timepieces created in precious metals using traditional techniques. Even well-established brands have to move with the times, however, and Vacheron Constantin is no exception. The brand is keen to attract new a new generation of wa
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