“The Movado Group plans to reduce its Movado brand U.S. wholesale distribution from 4,000 stores to to 2,600 stores by Jan 31, 2009.” This sounds like a good strategy that should help increase the perceived value of the brand. Less stores equals more exclusivity. Movado says they expect to take some losses from the decrease in volume. However, by making their brand more exclusive I would think they should be able to offset the decrease in volume with an increase in price.
Posts in ‘Watch Reviews’ Category
Watch Reviews, news, descriptions, advices and offers.
George Clooney pressures Omega Watches on Darfur
Mar 16th, 2008
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3,606 views London—Actor and Omega Watches ambassador George Clooney is putting pressure on the watch brand to speak out over China’s foreign policy in Sudan, an area where genocide is taking place, according to The Associated Press.
Omega Watches is one of the worldwide partners for this summer’s Olympic games in Beijing.
Clooney is no stranger to speaking out about Darfur, Sudan, an area where the government-sponsored Janjaweed militia has been killing, raping, starving and displacing non-Arabs since 2003. Former U.S Secretary of State Colin Powell called it genocide in 2004, but the crisis still continues.
Professional Skyracer by BREITLING
Mar 5th, 2008
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Here is the Breitling Professional Skyracer Chronograph. This one retails for about five grand. I like almost all the Breitling models, but I think the Breitling Blackbird has a better looking dial and bracelet. It is hard to go wrong with any Breitling you buy, but for five grand I would definitely have to opt for the Blackbird over the Skyracer.
TAG goes full circle with 360-degree museum
Feb 5th, 2008
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1,625 views La Chaux-de-Fonds, Switzerland—Watch brand TAG Heuer is helping its hometown of La Chaux-de-Fonds to become a true point of call for watch aficionados the world over.
The Swiss city is already home to the International Watchmaking Museum, and now, it is home to the world’s first 360-degree watchmaking museum.
At a VIP-filled event held on Jan. 30 at TAG Heuer’s headquarters, the company inaugurated its “TAG Heuer 360″ private museum, a state-of-the-art facility featuring the world’s first-ever 360-degree conical movie screen.
The company said in a statement that 12 computers processing more than 1 million images an hour operate the screen, creating a unique and dynamic presentation of the TAG Heuer saga.
New Gucci timepiece honors 2008 Olympics
Jan 17th, 2008
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3,694 views New York—Gucci is releasing two special-edition watches to honor both its largest store opening and the 2008 Olympics: the exclusive New York Signoria timepiece with bone dial and the limited-edition 8-8-2008 I-Gucci.
The New York Signoria timepiece, crafted in yellow gold and diamonds with bone dial, is one of several products Gucci Creative Director Frida Giannini has designed exclusively for the February opening of the company’s largest store at 725 Fifth Ave. in Manhattan.
Oris Sudoku watch
Dec 31st, 2007
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3,909 views Sudoku watch by Oris has become a true gift to watch connoisseurs and collectors. The watch replenishes the unique limited series of mechanical watches Oris Leonhard Euler, created in honor of 300-years anniversary of well-known mathematician Leonard Euler.
The Sudoku line is 1707 copies limited. Each watch has individual number which corresponds to Euler?????
Sharapova pretty in pink with new TAG
Dec 19th, 2007
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2,255 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.
Swatch
Dec 18th, 2007
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2,298 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.
Timex Group names Hoejsgaard President
Dec 18th, 2007
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2,203 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.


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