Pelagic Issues Recall of Diver Watches
Pelagic Pressure Systems is recalling about 2,800 Oceanic and AERIS digital dive computers due to a decompression hazard. The voluntary recall is being done in conjunction with the U.S. Consumer Product Safety Commission.
"When performing a switch from one gas to another during a dive, the dive computer's display will lock up and not return to the main dive screen that displays dive times," according to a joint statement.
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Richemont and Ralph Lauren to Partner in a New Venture
Richemont and Polo Ralph Lauren have agreed to form a joint venture to design, develop, manufacture, and distribute luxury watches and fine jewelry through Ralph Lauren boutiques as well as through independent jewelry and luxury watch retailers around the world.
The joint company will be called The Polo Ralph Lauren Watch. The partners will each own 50 percent of the new entity and said that this will be a long-term commitment.
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Calce is Corum’s New General Manager
Antonio Calce has been appointed general manager of the luxury watch brand Corum S.A. Calce had been vice president of operations since September 2005. The announcement was made Feb. 28, by Severin Wunderman, owner of Corum, and Michael Wunderman, president.
Calce has “concentrated on refocusing the brand through vigorous development and a sophisticated upgrading of Corum’s key models,” said the company announcement.
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