Newswire

  • Swiss watch exports for 2007 should increase 9 to 10 percent, “which can be considered extraordinary,” predicted
    Jean-Daniel Pasche

    , president of the
    Federation of the Swiss Watch Industry FH

    , in an interview with a Swiss paper in December. He said 2006 was “an excellent year [and a] record year in terms of value [of exports].” He expected the total value of the 2006 exports to top 13 billion francs (about $10.7 billion).
  • Award-winning luxury brand
    DeWitt

    in January moved its Swiss operations from Vandoeuvres, Switzerland, to Vernier, near the Geneva airport. The new facility has five times the space of the old one and will allow the watchmaker to “accommodate a steady momentum of growth,” it says. There will also be a significant increase in watchmaking staff. The company had been in Vandoeuvres since it was begun in 2003 by watchmaker
    Jérôme de Witt

    .
  • Swiss luxury brand
    Vacheron Constantin

    , the world’s oldest watchmaker, held a special benefit concert in the presence of
    Queen Sophie

    of Spain in Madrid recently to aid the
    Queen’s Alzheimer’s Foundation

    .
    The Czech National Symphony Orchestra

    played, directed by the young Spanish conductor
    Inma Shara

    . More than 400 guests attended, including Spain’s minister of education,
    Prince Kardam

    of Bulgaria,
    Princess Miriam

    of Hungary, fashion designer
    Agatha Ruiz de la Prada

    , and members of the Spanish royal family. At a cocktail party afterward, guests viewed the timepieces of
    Vacheron Constantin’s Platinum Excellence Collection

    as well as a selection of its historical watches.
  • Swiss
    haute horlogerie

    watch brand
    Jean Dunand

    is now represented in the United States by
    Luxury Watch Distribution Inc.

    Founded in 2006 by
    Steven M. Holtzman

    and based in Wilkes-Barre, Pa., LWD is the exclusive distributor of Jean Dunand timepieces in North, Central, and South America as well as at the
    Wynn Resort

    in Macau. Jean Dunand is jointly owned by
    Christophe Claret

    , a leading Swiss inventor and constructor of complicated movements, and
    Thierry Oulevay

    , watch designer and marketing expert. The watch brand was launched in 2005. Each Jean Dunand timepiece is a
    pièce unique

    , making the luxury brand one of the most exclusive in the watch market today. For more information, contact Luxury Watch Distribution at (570) 270-6160 or e-mail: info@luxurywatchdistribution.com.
  • Wealthy American consumers rate the Swiss-made
    IWC

    as the most prestigious watch brand, followed closely by
    Vacheron Constantin

    and
    Patek Philippe

    , said a new survey by the
    Luxury Institute

    , based in New York. Respondents called IWC watches “the ultimate in a watch, not garish or gaudy, [with] workmanship and quality [that] is unquestioned [and] craftsmen [who] are artisans of time itself,” said the 2007
    Luxury Brand Status Index

    survey of luxury watches. Thirty-one upscale and luxury brands were evaluated. A nationally representative sample of American consumers, with a minimum household income of $200,000 and a minimum household net worth of $5 million, were surveyed online. The Luxury Institute is an independent research organization that focuses on the top 10 percent of America’s affluent. It surveys them on luxury brands in many categories, to measure “the value and equity of leading luxury brands to wealthy Americans.”

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396 Views December 6, 2005, 7:23 am
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