Plenty of dial names produce watches that look the part on board a boat, but few can boast quite such strong links with the sea as Ulysse Nardin. The watchmaker first became renowned for its marine chronometers during the latter half of the 19th century and went on to supply the navies of no fewer than 50 countries.
It s those maritime roots that led the brand to become the official timekeeper of the gruelling Vendée Globe round-the-world yacht race that finished on 27 January with Yannick Bestaven taking the laurels after covering 28,583 nautical miles in 80 days, three hours and 44 minutes.
Ulysse Nardin does, of course, make plenty of ocean-going sports watches designed to cope with such a journey – but back in 2019 it added a fresh string to its bow with the surprising Skeleton X collection that addressed what seems to be an ongoing trend for see-through watches, in which the movement takes centre stage instead of being obscured by a conventional dial.
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Watches and Wonders will proceed with a ‘phygital’ strategy for 2021 starting with a digital-only event followed by a physical show in Shanghai days later.
The watch trade show previously known as SIHH, took place in Geneva in January for press, retailers and VIP customers in recent years focusing on the luxury end of the watch market and was made up of predominantly Richemont-owned brands along with a selection of invited high-end independent brands.
It was one of the two biggest events in the watch industry’s calendar, the other being the bigger, 100+ year-old Baselworld. But as Baselworld’s reputation crumbled (with high prices and complacency on the part of the organizers often cited as the reason behind its demise) SIHH saw a swell in the number of brands wanting to exhibit, which in turn put pressure on its staging as the more boutique of the two shows.
Compagnie Financière Richemont SA: TRADING UPDATE FOR THE THIRD QUARTER ENDED 31 DECEMBER 2020
ENDED 31 DECEMBER 2020
Financial highlights
Sales in the quarter increased by 1% at actual exchange rates and by 5% at constant exchange rates compared to the prior year period, in a continuously volatile environment
Robust sales in Asia Pacific and the Middle East and Africa, both with double digit growth at actual exchange rates, more than offset single digit declines in the Americas and Japan and a marked contraction in Europe
A double digit increase in online retail sales and single digit progression in retail sales compensated lower wholesale sales at actual exchange rates
Salon QP: victim of its own success?
WATCH SHOW
March 2020
Hearst Europe, publishing giant and owner of SalonQP, has cancelled the 10-year old event, which had become a major landmark on the watch calendar. There are indications that a fine watch showcase does not fare well in a consumer lifestyle setting.
Salon QP: victim of its own success?
WATCH SHOW
March 2020
Hearst Europe, publishing giant and owner of SalonQP, has cancelled the 10-year old event, which had become a major landmark on the watch calendar. There are indications that a fine watch showcase does not fare well in a consumer lifestyle setting.