Industry News: Richemont Reports Record Sales for 2023-2024, Appoints Nicolas Bos as new CEO
While the global economic situation might feel rather pessimistic, the luxury business and the watch and jewellery industry continue to post strong results for the year 2023. Following the announcement of a record year for Swiss watch exports in 2023, as well as strong revenues for both LVMH and?Swatch Group, it is now time for the other giant of the industry, the Richemont Group, to report record sales for the year ended 31 March 2024, with revenues up 3% at actual exchange rates to EUR 20.6 billion. The group also announces important changes with the appointment of Nicolas Bos (currently CEO of Van Cleef & Arpels) as the new Chief Executive Officer of Richemont, effective 1 June 2024.For the year ended 31 March 2024 (Richemont Group’s financial year starts on 1 April), the company reports sales up 3% at actual exchange rates and 8% at constant exchange rates, driven mostly by its jewellery brands and retail, each representing 69% of the group’s sales. The revenues of

The new IWC Ingenieur Chronograph Classic Meets Collectors in Amsterdam during IWC GTG - Monochrome Watches
What happens when you put 28 watch-nuts in a room? Indeed, the restaurant staff gets crazy. Last Friday, 28 IWC collectors and aficionados from various countries gathered in Amsterdam to chat, do some activities in the city and spend the evening together in the Okura restaurant. During dinner, IWC surprised its fanbase by showing all three models of the new IWC Ingenieur Chronograph Classic with calibre 69730. Yes, IWC has a great online fanbase with its forum, but they do also meet offline, for even more fun.The first thing I have to say is that I felt really sorry for the restaurant staff. The kitchen prepared a delicious dinner and the staff had to find their way amidst rotating people, photo bags on the floor, and watches on the table. They survivedbarely. Honestly, they did a great job accommodating the group. They remained friendly and service-oriented. In the meantime, the group had a wonderful time catching up, showing rare watches, bringing back good memories, and talk about l

Comparative Review Speedmaster Moonwatch vs 60th Anniversary
Today we look at what certainly are two of the best Speedmaster models. On one side is a true classic, the previous generation?Moonwatch Professional – for all the details on the new one, check this in-depth article. On the other side is a retro-looking watch, the 60th-anniversary edition?released as part of a historically-inspired trilogy. You might ask why looking at two discontinued models? First, simply because we had these two watches with us at the office and that gave us the opportunity of a comparison. Second, because all watch enthusiasts don’t necessarily seek and buy new timepieces. Finally, some?watch enthusiasts don’t buy the watch right at the time of launch and have to wait before pulling the trigger. We’re going face-to-face with two almost identical but, in fact, very different watches.?Quick backgroundThe Omega Speedmaster is a watch that needs no introduction anymore, being one of the most iconic models ever produced by the industry and a cult

The Montblanc Star Legacy Nicolas Rieussec Meisterstuck 100 Years
Montblanc celebrates the 100th anniversary of the iconic Meisterstuck - a fine writing instrument synonymous with the brand. Interestingly, initially, the cigar-shaped pen with the handcrafted nib was created by Montblanc artisans exclusively for their use before being made available to the public in 1924. To mark the milestone, Montblanc released a special edition of the Star Legacy Nicolas Rieussec Chronograph Meisterstuck 100 Years, incorporating design elements inspired by the iconic Meisterstuck fountain pen; we share our impressions after a hands-on experience.Founded in 1906, Montblanc gained widespread recognition as a maker of fountain pens before expanding its offerings to include luxury leather goods, perfumes, and, since 1997, watches. Popular at the time jokes about Montblanc watches needing ink to run, quickly gave way to appreciation of how fast the brand mastered the watchmaking craft. Ad - Scroll to continue with article

Interview Nicola Andreatta, CEO of Roger Dubuis, On The New Excalibur
Just ahead of the Digital Edition of Watches & Wonders Geneva 2021, Nicola Andreatta, CEO of Roger Dubuis, tells MONOCHROME about the brand and the new Excalibur Single Flying Tourbillon.Xavier Markl, MONOCHROME – You were literally born inside the world of watchmaking. How did you arrive at your current position as head of Roger Dubuis? Ad - Scroll to continue with article Nicola Andreatta, CEO of Roger Dubuis?– Well, it’s been a long journey. My family comes from the watch industry. We have been manufacturing components (cases and bracelets) for three generations in Italy and Switzerland. I grew up going to the factory. I have always been amazed by how a piece of raw metal can be converted into a piece of art. Since I was very young, I could see exactly how these things are made, learning how machines work; I was meeting suppliers, client