For those of you who don’t know, Abraham-Louis Perrelet invented the ‘perpetual’ or automatic movement. He came up with the perpetual movement back in 1777, making Perrelet one of the oldest watch companies in existence. The thing about Perrelet though is that they make great watches, but few of them are very sporty. Until more recently with the introduction for the titanium Moon Phase collection. Titanium has helped make this watch sleeker, stronger and most importantly sporty. It has a 3 layered dial made with carbon fiber and red super luminova markers for great visibilty and a great look. The titanium case is 43.5 mm in diameter, 100 meters water resistant and has a natural rubber strap with a titanium folding clasp. The price might seem a bit high at $6,700, but then again you are buying from one of the best.
Posts in ‘News’ Category
Orange TW 52/53 Chrono by TW STEEL
Dec 22nd, 2007
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3,974 views TW Steel is a new watch company that makes affordable oversized wristwatches. The TW 52/53 pictured above is available in 45mm and 48mm versions. I would definitely opt for the bigger version. Not sure if you can find this model online yet, but most of the collection is available online at very affordable prices.
Sharapova pretty in pink with new TAG
Dec 19th, 2007
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2,455 views Miami, Fla.—TAG Heuer and brand ambassador Maria Sharapova unveiled several new ladies’ timepieces in the Professional, Carrera and Formula 1 series at the Four Seasons in Miami on Saturday.
Sharapova introduced the new timepieces, saying she likes the watches because they are universal, allowing her to go from the tennis court to dinner.
Inspired by Sharapova, the 55-gram Professional Sports Watch is made of titanium and stainless steel with a super-elastic silicon strap, and can absorb up to 5,000 grams of shock. The clasp is integrated into the watch head, and the crown is placed across the dial at the 9 o’clock position instead of at the traditional 3 o’clock position.
November Chain-Store Sales Up 3.5%
Dec 19th, 2007
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1,484 views November sales grew by 3.5 percent on a year-over-year comparison for the same month of 2006 on a same-store basis for U.S. chain stores, according to the International Council of Shopping Centers, Inc.
Although the overall sales gain for November was the strongest monthly increase since March 2007 (+5.9%), ICSC Research estimates that between ¾ and 1 percentage point of the November year-over-year sales strength was due to a calendar mismatch that inflated sales for a number of retailers.
Swatch
Dec 18th, 2007
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2,730 views There are situations when some, even a very good product, becomes unpopular with buyers and this may cause a manufactory crisis. SMH company, one of the leading Swiss watch manufacturer, experienced something similar in the late 1970s. So the company needed to make their products popular with the young. Because this measure would not only broaden product market, but also cultivate in young Europeans love to good quality Swiss watches. So the company decided to create a high quality quartz watch for the young, that today is known worldwide as Swatch brand.
Retail Holiday E-Commerce Spending Up 18%
Dec 18th, 2007
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2,464 views More than $18 billion has been spent online during the first 37 days of the holiday season (Nov. 1 – Dec. 7), an 18 percent gain year-over-year, according to comScore. On Dec. 6, consumers spent $803 million online, a 28 percent increase year-over-year and the heaviest online spending day in history.
For the week ending Dec. 7, consumers spent 4.58 billion online, a 20 percent increase year-over-year. Figures from the Reston, Va.-based company that records digital data excludes travel, auctions, and large corporate purchases.
Timex Group names Hoejsgaard President
Dec 18th, 2007
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2,687 views The Timex Group B.V., one of the world’s leading watchmakers, named Hans-Kristian Hoejsgaard as its new president and chef executive officer on Dec. 5. He was previously the president and CEO of Georg Jensen, a luxury goods group, for several years. He’ll officially takes over leadership of Timex Group on Feb. 11, 2008.
Hoejsgaard replaces Santana, who had been president and CEO since 1999 and left, said the company, for “personal and family reasons.”
Prior to Georg Jensen, Hoejsgaard was president of Lancaster Group Worldwide, headquartered in Paris, a division of Coty Inc., and also worked for the luxury goods corporation, LVMH Moet Hennessy Louis Vuitton.
Dubai 3Q Rough Diamond Trade Up 31%
Dec 17th, 2007
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1,370 views The Dubai Diamond Exchange, a subsidiary of Dubai Multi Commodities Centre said Wednesday that the total trade in rough diamonds in Dubai reached $1.08 billion in the third quarter of 2007, a 31 percent increase year-over-year.
During the period, rough diamond imports into Dubai reached $447.6 million, up 32 percent year-over-year. Exports reached $640.2 million, a 30 per cent increase year-over-year.
“DMCC adopted the Master Plan for the diamond trade earlier this year to further develop a service economy supporting the diamond trade," Ahmed bin Sulayem, DMCC executive chairman and DDE deputy chairman. "Under this plan, DMCC launched International Diamond Laboratories, which provides high-quality diamond certification services, and appointed Jean van der Donckt as Special Advisor – Diamond Banking to foster the growth of diamond banking in Dubai.”
Movado 3Q Net Sales Up 8.3%
Dec 17th, 2007
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1,395 views Movado Group, Inc. said its net sales for the third quarter increased 8.3 percent to $180.2 million. Same-store sales grew 8.8 percent at the Movado boutiques for the period ended Oct. 31, versus a 0.5 percent gain achieved during the third quarter of 2006.
Gross profit for the quarter was $109.9 million, or 61 percent of sales, compared to $97.9 million, or 58.9 percent of sales last year. Excluding excess discontinued product sales from the current quarter and year-ago period, adjusted gross profit was $109.2 million, or 64.7 percent of sales and $97.9 million, or 63.5 percent of sales, respectively.


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