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Top Quality Omega Automatic Watches (1428) Items
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  • Interview with Joël Dicker - Watch chat with the Geneva-based novelist

    Joel Dicker. Harry Quebert. Baltimore. These are all names that ring a bell among fans of literature and many others too. The 30 year-old writer from Geneva is now the ambassador of the DS car brand that partnered GMT magazine for its 15th birthday party held at HEAD Geneve. Joel Dicker is adding another string to his bow by serving as director and starring in the DS web series leading up to an exclusive novel.

    Although he's not a watch connoisseur as such, Joel Dicker is certainly not unappreciative of the classic, complex or innovative timepieces produced by the watch industry. The young author already translated into more than 30 languages shared a few thoughts on the topic with Worldtempus. 

    Which was your first watch?
    I was given my first watch at the age of four: it was a Flik Flak with a blue strap! I later had a classic Swatch steel watch, but I don't remember the exact model....

     Which model would you like to wear now?
    The one I have at the moment suits me just fine: an Omega Speedmaster Dark Side of the Moon. I like its sporty and classic nature: black, discreet and yet original.

    And what kind of watch would you like to give your sweetheart?
    Not a watch from a specific brand. On the contrary, if I could, I'd create a watch from scratch for my girl!

    What does time represent for you?
    Money! Just kidding. Time… embodies the ambiguous relationship between past time and the time we have left to carry out our plans and to live. So time is ambiguity.

    What does Swiss watchmaking mean to you?
    Pride in having a national product that is universally appreciated abroad! It's a benchmark, a guarantee of quality and of excellent workmanship. That has an impact both on the image of watchmaking in general and on Switzerland itself.

    When you are touring abroad, do people talk to you about Swiss watchmaking?
    Not about Swiss watchmaking in particular, but about all the things that symbolise Switzerland, including watches. The latter are of course a reference in terms of Swiss excellence in this domain. Afterwards, people also talk to me about banks and chocolate of course.

    What kind of books do you enjoy reading?
    I read all manner of things, although I wouldn't personally be capable of writing any and every kind of literary genre.

    How about a thriller?
    No! Murder, blood and torture are definitely not my scene. I'm a romantic…

    The notion of time is bly present in your books. Can you tell me a bit more? 
    Yes indeed, all my books have a bly embedded concept of time. There are constant flashbacks to the life of the main protagonist, a lot of waiting, a sense of protracted duration. There is always a tie with past, present and future time, so it definitely underpins various situations.

    What was your latest literary crush?
    A bookseller recently recommended a book written by a pair of little-known authors and the title was also unfamiliar. I loved its unexpected side. It was a very different genre from anything I'd previously read. by John Robert and Evan Wright is all about the New York mafia, murder, cocaine… I highly recommend it!

  • Cosmic Watch - The world's first 4D digital astrolabe - and it's Swiss Made

    It's called the Cosmic Watch and it is Swiss Made, but ironically it is not yet available as a watch. Having crossed the desks of the executives at Omega (too digital) and Google Switzerland (not functional enough), the project arrives on the market not as a wristwatch but as an application running on iOS and Android or as a luxurious desk clock or high-end touchscreen display that would make the perfect addition to a boardroom or hotel lobby. It is the world's first interactive astronomical clock in the digital era, and it's Swiss Made!
    The Cosmic Watch builds on the centuries old tradition of the astrolabe as a means of displaying the rotation of the heavenly bodies in our solar system. But whereas the historical astrolabes were objects intended as decoration just as much as they were for education, the Cosmic Watch is geared much more towards the educational aspect, capitalizing on the ubiquity of smartphones and tablets around the world.

    A new appreciation of time

    One of the cornerstones of this approach is adding the dimension of time, which can be overlaid on any of the views in the form of a circle around the equator with an optional digital read-out if desired. Intuitively, the time can also be read against the selected location and the shadow cast by the sun gives an instant overview of where on earth it is night and day.

    A "time travel" function lets you move forwards or backwards through time at varying speeds, from a sedate two minutes per second to a dizzying year per second. As you move forwards or backwards you see the trace of the movement of the planets and you can pause at any point to see the exact configuration in the solar system at that point. Furthermore, significant astronomical events such as eclipses are highlighted along the way.
    Five different guides (horizon, compass, planet names, connections, celestial rings and equatorial grid) can be toggled on and off to assist with astronomical observations. Simply activating the horizon and compass, for example, then aligning north on the compass with north on the horizon, lets you easily identify the planets at a glance. On a cloudless night in mid-May I was able to pick out Mars, Venus, Jupiter and Mercury from my balcony in a matter of minutes.

    The future

    As with any smartphone application, the advantage of the technology is that it can regularly be updated. The developers are already working on adding new features such as real-time weather, a world-time display and equation of time function. With such features on board, the application could in future easily replace three or more existing types of application (world time, sky chart, weather). All this at a cost of just 4 Swiss francs!

    The Cosmic Watch also comes packaged as two high-end luxury objects, the Vision and the Eclipse. The Vision is an interactive table clock and the Eclipse is a custom-built interactive astronomical "wall time device" using the very best touchscreen technology available.
     


    The Cosmic Watch can be downloaded from Google Play and the Apple App Store.

  • Harry Winston - Nicole Kidman wears Harry Winston jewels

    The Winston Cluster is one of the House of Harry Winston's most coveted jewelry designs. In these jewels, fancy-shaped diamonds are set with minimal metal at varying angles to each other, resulting in a cluster of pear, marquise-shaped and round brilliant diamonds that has depth and remarkable brilliance. Transformed into highly dimensional sculptures, diamonds appear to float in their settings, emphasizing the inherent beauty and fire of each different shaped diamond.

    At the the Omega - De Ville Prestige 'Butterfly' launch on October 2, 2014 in Seoul, Nicole Kidman was wearing a Wreath diamond necklace, a Winston Cluster diamond bracelet, a diamond Links bracelet and a Qipao diamond ring.

  • Hanhart - Jan Edöcs named operational manager

    Jan Edöcs will also continue to be a senior partner at the business and financial consulting group Consalve AG, whose services Hanhart already employed in the past. The 42-year-old Edöcs has more than 20 years' experience in the watch industry (Omega, Swatch Ltd., Versace, Milus International SA) and has proven experience in business management. Ronald Grob, previously interim CEO, will continue in future as a consultant at Hanhart. Production in Gutenbach will continue to be led by Klaus Eble, who has more than 40 years of service with Hanhart and is regarded as an expert in the production of precision timepieces.

    Hanhart will be taking part at Baselworld 2013 (25.04. - 02.05.), presenting its new products at hall 2.0, booth E15.
    The tradition-rich Hanhart brand was founded in 1882. The company is renowned for the production of functional instrument watches for use on land, sea and in the air. Since 2010 Hanhart is belonging to the Gaydoul Group.

  • Omega - The new De Ville Chronograph

    Omega's De Ville line has long been known not only for its elegant styling but for its introduction of some of the brand's most important watchmaking innovations. For example, it was in a De Ville in 1999 that OMEGA launched its calibre 2500 equipped with a Co-Axial escapement - the component that since it was released has revolutionized mechanical watchmaking. In 2007, the De Ville Hour Vision introduced Omega's Co-Axial calibre 8500/8501, the movement that demonstrated that Omega's Co-Axial philosophy had truly come of age. And it was in the De Ville Hour Vision Annual Calendar that the Si14 silicon balance spring made its debut, offering an unparalleled level of stability and performance in a seriesproduced mechanical watch movement.

    The De Ville Chronograph Omega Co-Axial calibre 9300/9301 carries on the line's tradition of classic design and its most innovative technology. It is powered by the chronograph in the brand's family of proprietary Co-Axial movements. Equipped with Omega's Si14 silicon balance spring, the timepiece is delivered with a four-year warranty. Frequent travellers will appreciate the fact that they can change the hour hand without affecting the minute and second hands - ideal for moving between time zones or for adjusting to the twice yearly time change in most parts of the world.
    This new De Ville Chronograph is available with either a 42 mm 18 Ct red gold case on a brown or blue leather strap, or with a stainless steel case on a stainless steel bracelet or on a black or blue leather strap.


    The 18 Ct gold model's Co-Axial calibre 9301 has an 18 Ct gold rotor and balance bridge; the stainless steel model is powered by the Co-Axial calibre 9300, which has a rhodium-plated rotor and balance bridge.
    The two-zone dial has been created in a choice of opaline-silver or blue for the 18 Ct red gold models and opaline-silver or black or blue for the De Ville Chronograph in stainless steel. It has two domed sub-dials. The chronograph sub-dial at 3 o'clock has both the 60-minute and 12-hour counters so reading the elapsed time is intuitive. At the 9 o'clock position is the small seconds hand. The watch has a central chronograph seconds hand as well as 18 Ct gold diamondpolished, facetted central hour and minute hands. Its applied Roman numeral indexes are also crafted from 18 Ct gold, facetted on the sides and ends and fully diamond-polished.
    The De Ville Chronograph is water resistant to 10 bar / 100 metres / 330 feet. With its combination of simple elegance and cutting-edge technology, the De Ville Chronograph Omega Co-Axial Calibre 9300/9301 is a stunning reminder of what a classic, yet highly technical mechanical watch can be.

  • Omega - Constellation



    One of the brightest new stars in OMEGA's Constellation family is the Co-Axial 27 mm in 18 Ct red gold. It is not only uncompromisingly elegant but equipped with the brand's proprietary Co-Axial calibre 8521, from OMEGA's family of mechanical movements widely considered to be among the world's finest.


    The luxurious timepiece's brushed case with polished claws is crafted from 18 Ct red gold. The matching bracelet has brushed links and polished bars set with 144 full-cut diamonds totalling 0.54 carat. The bezel is paved with 32 full-cut diamonds with a total weight of 0.50 carat. The screw-in caseback features a sapphire crystal that reveals the perfection of the Co-Axial movement inside.
    The mother-of-pearl dial is completed with, appropriately, a constellation of applied 18 Ct red gold stars, some that are raised and others with a recessed profile. There is a trapezoidal date window at 3 o'clock. The polished and facetted 18 Ct gold hour and minute hands are coated with white Super-LumiNova, making them easy to read even in limited lighting conditions.
    The Co-Axial movement at the heart of the Constellation is equipped with OMEGA's Si 14 silicon balance spring. The dimensions of the movement have allowed OMEGA to introduce its proprietary Co-Axial technology in a 27 mm wristwatch for the first time. The combination of the Co-Axial calibre 8521 and the silicon balance spring offers so much stability that OMEGA offers the stunning timepiece with a four-year warranty.
    The OMEGA Constellation Co-Axial 27 mm is water resistant to 10 bar / 100 metres / 330 feet. An 18 Ct yellow gold model is also available. The OMEGA Constellation Co-Axial 27 mm was designed for the woman who cares as much about the mechanical movement inside the case as she does for its breathtaking beauty.

  • Omega - Seamaster Aqua Terra GMT



    With the Seamaster Aqua Terra GMT, OMEGA introduces a new member of its exclusive Co-Axial family of movements. The OMEGA Co-Axial calibre 8605/8615 is the first of OMEGA's proprietary movements to be equipped with a GMT complication, meaning that along with the central hour, minute and seconds hands, there is a GMT hand which completes one rotation every 24 hours, making it possible to keep track of the time in two time zones.
    The 43 mm case is available in a choice of metals: 18 Ct red gold or stainless steel or, in a bicolor version in 18 Ct red gold and stainless steel. The sapphire crystal on the screw-in caseback allows a clear view of the extraordinary Co-Axial movement inside. The watch is available with either a bracelet in the same metal as the watch case or with a black, brown or blue leather strap.


    The dial is distinguished by the teak pattern associated with the Aqua Terra collection. The vertical lines are reminiscent of the wooden decks on luxury boats. The applied 18 Ct gold brushed and polished indexes are coated with white Super-LumiNova and the facetted hands are crafted from 18 Ct white or red gold. Like the indexes, they are coated with white Super-LumiNova which allows ease of reading in all light conditions. The GMT hand's red arrow makes it easy to distinguish the two time zones.
    At the heart of the Seamaster Aqua Terra GMT is the Co-Axial calibre 8605/8615. It is part of the family of movements OMEGA introduced in 2007 built around the first practical new watch escapement to be developed in some 250 years. The Co -Axial escapement in the OMEGA calibres is used in conjunction with a free sprung-balance and its function differs considerably from that of a conventional lever escapement with index. The watch's rate can be adjusted by modifying the moment of inertia of the balance by means of two gold regulating micro screws embedded in the circular balance. This design avoids the disturbing effects of contact between the balance-spring and the index pins and therefore ensures that the stability of rate offered by the Co-Axial escapement is maintained over long periods of use. The result is reduced friction which means that there is almost no need for lubrication; the Co-Axial calibres have long service intervals and the Seamaster Aqua Terra GMT, which is also equipped with a silicon balance spring, is delivered with a four-year warranty.
    The OMEGA Co-Axial calibre 8605/8615 is the first in the family to be equipped with a GMT complication. Its GMT hand has a diamond-polished red arrow, making it easy to track time in a second time zone or GMT display. Intriguingly, the GMT hand can also be used for compass orientation: when the watch is held parallel to the ground with its hour hand pointed in the direction of the sun, the GMT hand, when it is adjusted to the same time on the 24-hour GMT display, will indicate north in the northern hemisphere.

  • Omega - Seamaster 1948 Co Axial "London 2012" Limited Edition

    To commemorate the 2012 Games, OMEGA is launching the Seamaster 1948 Co-Axial "London 2012" Limited Edition. It is being introduced a year to the day before the Olympic Games Opening Ceremony in London.

    OMEGA will be serving as Official Timekeeper for the 25th time at the London 2012 Olympic Games; fittingly, the brand was also responsible for the timekeeping at the 1948 Games.The Seamaster 1948 Co-Axial "London 2012" Limited Edition is a redesign of OMEGA's first automatic Seamaster and stands as a timeless classic - as stylish now as it was more than sixty years ago.
    It features a 39 mm polished and brushed stainless steel case with a polished bezel and lugs. Its crown is embossed with a vintage ? logo. An 18 Ct yellow gold medallion embossed with the London 2012 Olympic Games logo is fixed in the caseback. The watch is water resistant to 12 bar / 120 metres / 400 feet.
    The Seamaster 1948 has an opaline silver dial with a small seconds subdial at 6 o'clock. It has an applied 18 Ct white gold vintage OMEGA logo and name as well as 18 Ct white gold Arabic numerals at 12, 3, 6 and 9 o'clock and hour markers at the other positions. The watch features diamond-polished hour and minute hands and a blue steel small seconds hand. While the watch's stunning exterior recalls its legendary ancestor, a different story is told inside the case: the Seamaster 1948 is powered by the exclusive OMEGA caliber 2202, an officially-certified chronometer equipped with a Co-Axial escapement on three-levels and free sprung-balance.
    The special limited-edition Seamaster is presented on a black leather strap with a vintage polished stainless steel buckle.
    The Seamaster 1948 Co-Axial "London 2012" is being produced in a limited edition of 1,948 pieces. It is delivered in a special London 2012 presentation box.
    With its b connections to the 1948 and 2012 London Olympic Games and its powerful link to OMEGA's history, the Seamaster 1948 Co-Axial "London 2012" Limited Edition will rightfully earn its place of privilege as the ultimate OMEGA Olympic Games collectable.

  • Omega - Hour Vision Blue


    OMEGA has created a special watch - the Hour Vision Blue - in support of ORBIS International's fight against preventable blindness. Working closely with OMEGA on the project is actor and brand ambassador Daniel Craig.

    The elegant Hour Vision
    The OMEGA Hour Vision Blue wristwatch is a special edition of the stunning Hour Vision. It has a 360° see-through case-body which is set in a robust 41 mm stainless steel outer case.
    The Hour Vision Blue is equipped with OMEGA's Co-Axial calibre 8500, the movement that signalled a revolution in series-produced mechanical watchmaking. The self-winding watch is an officially certified chronometer, a testimony to its precision and performance. Its Co-Axial escapement on three levels means that the hour hand can be adjusted independently of the minute and seconds hands - ideal for travellers who regularly need to change time zones.
    The Co-Axial movement can be observed through sapphire crystal in the polished, screwed caseback. The Hour Vision Blue is water resistant to 10 bar / 100 metres / 330 feet.
    Adding distinction to the timepiece is its sun-brushed blue dial designed especially for the appropriately named Hour Vision Blue. It has 18 Ct white gold facetted hour, minute and seconds hands and features a date window at 3 o'clock. The OMEGA Hour Vision Blue is presented on a black leather strap.


    OMEGA and ORBIS International
    OMEGA will donate a minimum of a million dollars to ORBIS International over the next four years and looks forward to its partnership with a remarkable organization that has carried out programs in 88 countries and trained some 250,000 health care professionals while delivering quality eye care to more than 12 million individuals around the world.

  • Omega - Ladymatic in stainless steel with diamonds


    In recent decades, women have been an increasingly important force for social, political and economic change. They are opinion shapers and leaders in business, in politics, in lifestyle and in the media.
    In designing the Ladymatic, OMEGA set an audacious challenge for itself: the aim was to create a watch which would integrate the brand's most innovative technology with dramatic, eye-catching design. The Ladymatic dramatically meets the challenge.
    Subtle elegance
    This elegant member of the Ladymatic collection features a polished 34 mm stainless steel case with a distinctive white ceramic ring between an outer decorative wave and the inner case body. The polished screw-in crown is set with a brilliant Omega cut diamond. Its bezel is dramatically paved with snow set diamonds.
    The face of the Ladymatic is highlighted by the supernova pattern emanating from the centre of the extra-white mother-of-pearl dial. There is a diamond-polished date window at the 3 o'clock position and the other hours are marked by diamonds. The polished alpha-shaped hands have been made from 18 Ct white gold and are treated with white Super-LumiNova, making them readable in any lighting conditions.
    The polished caseback has a sapphire crystal that reveals the Co-Axial calibre 8520, the best women's mechanical watch movement in the world. At the heart of the movement is the Co-Axial escapement, the component that in 1999 signalled a revolution in how mechanical wristwatches are made. Each movement is equipped with OMEGA's exclusive Si 14 silicon balance spring, an innovation that makes it more resistant to external shocks and environmental disturbances.
    The OMEGA Ladymatic is water-resistant to 10 bar/ 100 metres / 330 feet.


    A four-year warranty
    The OMEGA Ladymatic is an officially certified chronometer, a testimony to its outstanding timekeeping performance. The remarkable stability and performance of the Co-Axial calibres equipped with silicon balance springs makes it possible for OMEGA to deliver each Ladymatic wristwatch with a four-year warranty.


    The face of the Ladymatic is highlighted by the supernova pattern emanating from the centre of the dial. The extra-white mother-of-pearl features a diamond-polished date window at the 3 o'clock position.


    The OMEGA Ladymatic is presented with a stainless steel bracelet 3-row featuring OMEGA's patented crew-and-pin design with a butterfly clasp.

  • Swatch Group - DFNI assigned the award "best new store"


    In January 2011, Tech-Airport received from Duty Free News International the Product Award 2010 in the category "Best new store" for its Hour Passion Boutique at Geneva International Airport.


    The DFNI Product Awards are held each year to reward excellence and innovation, among the leading players in the travel retail and duty-free industry, in terms of store concepts, products or marketing initiatives in the last 12 months.
     
    This award to Tech-Airport gratifies a company that has succeeded in becoming an acknowledged expert in the concept of watch and jewelry boutiques in international airports. Above all, it rewards an innovative project and demonstrates the company's ability to develop creative stores, tailored to passengers' expectations, designed by combining the experience of its origins with that gained in the field.
     
    Today Tech-Airport has more than thirty boutiques in eight international airports: in France at Paris Roissy Charles-de-Gaulle, Paris-Orly, Nice-Côte d'Azur and Nantes-Atlantique, in Switzerland at Geneva Cointrin, in Germany at Dusseldorf, in Ireland at Dublin and in Singapore at Changi. With its multi-brand Hour Passion boutiques and mono-brand boutiques for Omega and Swatch, its retail boutiques satisfy the demands of the different airports and of their passengers, proposing a complete and adapted range, presented in a space where the design and layout enhance the different brands of timepieces and jewels.
     
    The rapid growth in the number of concessions is undeniable proof of an effective model suited to market needs.
     
    Besides bringing recognition and fame on the international level, this distinction allows Tech-Airport to face with enthusiasm and confidence the challenges of the coming months, particularly the launch of the new airport boutiques in Venice, Dusseldorf and Berlin.


  • Omega - Ladymatic

    Can you imagine a line of women's watches that recalls the most compelling design elements of the golden age of couture and combines them with the best mechanical watch movements in the world? Is this idea simply too good to be true? 

    Omega can answer these questions in a word: Ladymatic.

    Reviving a legendary name
    The Omega Ladymatic reintroduces a name from the storied brand's illustrious past. Originally launched in 1955 and continuing for the better part of a generation, the Ladymatic wristwatch line defined feminine grace and elegance in another era. It was one of the brand's first self-winding watches to be designed especially for women and it featured the smallest automatic movement Omega had ever made.Omega has chosen to revive the legendary name with a family of watches whose design originality and Co-Axial innovation combine to give an entirely new meaning to Ladymatic. These are timepieces that have been created to address women's desire to own wristwatches that make profound fashion statements but which are also equipped with the best series-produced mechanical watch movements in the world.
    Nicole Kidman and Ladymatic
    Academy Award-winning actress Nicole Kidman, an Omega brand ambassador since 2004, will be the face (and wrist) associated with the Ladymatic line. Asked what she thought about Omega's decision to usea name associated with a product launched in the fifties, Kidman said, "There's something appealing about that type of communication. There's a fascination with the era which means that the advertisements can be playful without actually turning back the clock. As the Ladymatic watch collection represents state-of-the-industry technology, this campaign is really a sort of wink." 
    What's in a name? Ladymatic in 1955 and 2010

    When the first Ladymatic watches were released by Omega in 1955, the name concisely communicated the collection's strength: the Ladymatic was a self-winding watch created especially for women.Omega president Stephen Urquhart said about reviving the Ladymatic name, "We're certainly aware that it sounds different now than it did 55 years ago. But the new watches are superb and they've been designed for women who have told us that they are as interested in the quality of our mechanical movements as they are in the style of the watches."Mr. Urquhart added, "By reviving this name, we've been able to focus attention on how important our women customers have been to us over the years and also to show the world what a mechanical watch for women should be in the 21st century."Nicole Kidman echoed his sentiment saying, "These days, interest in the quality of a watch movement isn't gender specific - women have the same interest in its performance as men do. The Ladymatic addresses that perfectly."
    The Ladymatic Line
    The watches in the new Ladymatic line feature polished 34 mm cases with a distinctive ceramic ring between an outer decorative wave and the inner case body. The cases are crafted in 18 Ct red or yellow gold or in stainless steel.The Ladymatic watches are offered with a choice of polished or snow-set diamond-paved bezels. The polished screw-in crown is either set with a Brilliant Omega CutT™ diamond or is embossed with a polished OMEGA logo. The polished caseback has a sapphire crystal that reveals the movement that powers the watch.The movement driving the Ladymatic watches is the Omega Co-Axial calibre 8520/8521. At its heart is the Co-Axial escapement, the component that in 1999 signaled a revolution in how mechanical wristwatches are made. Each movement is equipped with OMEGA's exclusive Si 14 silicon balance spring, an innovation that makes it more resistant to external shocks and environmental disturbancEach watch in the Omega Ladymatic collection is an officially certified chronometer, a testimony to their outstanding timekeeping performance. The remarkable stability and performance of the Co-Axial calibers equipped with silicon balance springs makes it possible for Omega to deliver each Ladymatic wristwatch with a four-year warranty.The stunning face of the Ladymatic is highlighted by the supernova pattern, which emanates from the centre of the dial. The extra-white mother-ofpearl or lacquered black dials match the colour of the striking ceramic ring. The dials are available either with 11 diamond indexes in facetted 18 Ct gold mounts or in understated elegant simplicity with no hour markers. There is a diamond-polished date window at the 3 o'clock position. The polished alpha-shaped hands have been made from 18 Ct gold and are treated with white Super-LumiNova, making them readable in any lighting conditions.The Omega Ladymatic watches are presented with either bracelets in metals matching their cases or on alligator leather straps in mother-of-pearl white or brilliant black. The metal bracelets feature Omega's patented 3-row screw-and-pin design with a butterfly clasp. The alligator straps have a polished link in the metal that corresponds to the case and an 18 Ct gold foldover clasp.The new Omega Ladymatic Collection draws certain influences from its namesake: like the original Ladymatic watches, the line perfectly blends graceful, timeless design and Omega's groundbreaking technology. The new collection, with its Co-Axial technology and bold fashion features, takes the best elements of an earlier era and introduces them, completely updated and upgraded, to women of accomplishment in a new century.

  • Swatch Group - Decrease of 8.1%

    Following publication of sales figures on January 20, 2010, we now present the unaudited Group key figures. This advance information will be followed by the distribution and discussion of the detailed annual report at the press conference scheduled for March 11, 2010.
    •   Group gross sales of CHF 5 421 million, on comparable basis (excluding 2008 divestmentsof Sokymat and Michel) -6.3% at constant exchange rates and -8.1% in total lower than in the record year 2008.
    •   Watch segment sales with a decrease at constant rates of -5.5% largely outperform Swiss Watch Federation export sales (-22.3% in 2009), gaining market shares for the Group in practically all price segments and markets.
    •   Operating profit reaches CHF 903 million or 17.6% on net sales (versus 21.2% in 2008), with a very b performance in the second half-year (EBIT margin of over 20%) despite currency losses of CHF 105 million versus 2008.
    •   Net income amounts to CHF 763 million, -8.9% less than in 2008, with 14.8% of net sales exactly the same as in the previous year.
    •   Substantial equity of CHF 6 billion or 77.6% of total balance sheet (versus 75.3% in the prior year).
    •   Dividend 2009 proposed: CHF 0.80 per registered share and CHF 4.00 per bearer share.
    •   At the Annual General Meeting, the Board of Directors will propose reelection of its current members and in addition the election of Jean-Pierre Roth and Georges Nicolas Hayek as new Board members.
    •   A good start so far in 2010, January sales representing the second-best month of January in the history of the Group, with an excellent outlook for the Group for the rest of this year.
     



    Group Overview
     
    In a very challenging year 2009 with a worldwide recession, the Swatch Group recorded gross sales of CHF 5 421 million, a decrease of -6.3% on a comparable basis (at constant exchange rates and excluding 2008 divestments of Sokymat and Michel) compared to the record year 2008. This performance is substantially better than the export figures published by the Swiss Watch Federation (-22.3% in 2009), which means that the Group has once again increased its market shares in practically all price segments and markets. Foreign currencies negatively impacted sales by CHF 105 million or -1.8%, mainly in the second half of 2009. The month of December 2009 showed a very positive sales trend in the watch segment (+28.8% versus December 2008), with clear signs of market normalization.
     
    After a temporary setback in the first half of 2009, the Group's operating margin improved considerably in the second half year and achieved 17.6% (21.2% in 2008) for the full year. The main driving force was the watch segment, with a very convincing operating margin. Taking into account that foreign currencies as well as the gold price, an important raw material for the Group's watches, did not develop in our favor, this represents a very positive achievement. In addition, the Group preserved jobs for its employees, maintained b marketing activities and kept investment at a very high level.
     
    Net income decreased by 8.9% to CHF 763 million compared to CHF 838 million in the previous year, and, at 14.8%, the net margin remained at the same level as in 2008. The Group's balance sheet is still solid, with an improved equity ratio of 77.6% as at December 31, 2009 compared to 75.3% in the previous year, and also a much higher cash position. The average return on equity was a remarkable 13.3%.
     
    The Board of Directors of the Swatch Group will propose the following dividend for 2009 to the Annual General Meeting on May 12, 2010: CHF 0.80 per registered share and CHF 4.00 per bearer share. Furthermore, besides the planned reelection of the current Board members, Jean-Pierre Roth, former Chairman of the Governing Board of the Swiss National Bank, and Georges Nicolas Hayek, Group CEO, will be proposed for election as additional Board members at the Annual General Meeting.
     
    Outlook for 2010
    The Board of Directors and the Executive Group Management Board are very confident of achieving further organic sales growth and improved margins in 2010. The main reasons for this positive outlook are the excellent start in 2010, increasing order entries as well as the improving economic environment and market confidence worldwide. In addition, the Group's positioning in all market segments and its broad geographical presence represent important success factors in the watch industry. The solid balance sheet and the improved capability to generate cash flow will bring the Group in an even ber position than before the financial crisis.
    Omega's mission as official timekeeper at the Winter Olympics 2010 in Vancouver, starting at the end of this week, is one of many positive factors that will improve sales in 2010. Furthermore, the opening of the Swatch Art Peace Hotel mid 2010, during the World Exhibition in Shanghai, will represent another milestone for the Group. In order to gain further market share and strengthen its worldwide presence, the Group will also take advantage of interesting opportunities in the different markets.
     

  • Swatch Group - In excellent shape

    · Third-best year in the Swatch Group history with Group gross sales of CHF 5 421 million, a decrease of -6.3% on a comparable basis (at constant exchange rates and excluding 2008 divestments of Sokymat and Michel).
    · Significant rebound in sales in the second half of 2009, with a phenomenal record month of December, which also was the best month in 2009.
    · Watch segment sales with a decrease at constant rates of -5.5% largely outperformed Swiss Watch Federation export sales 2009, gaining market shares for the Group in practically all price segments and markets.
    · Production segment with sales decrease mainly due to order cancellations and a change in product mix.
    · Electronic Systems segment sales -14.5% lower than last year (excluding 2008 divestments of Sokymat and Michel), but steadily improving in the fourth quarter 2009 with increasing order inflow.
    · Improved operating profit margin and net income compared to the first half year expected; Group very confident of further increases in sales and margins in 2010.
    · Omega's mission as official timekeeper at the Winter Olympics 2010 in Vancouver and the Swatch Art Peace Hotel opening mid 2010 in Shanghai are two of the highlights to come, as well as significant developments of new products in most of the brands and new production systems in Switzerland.
    Group Overview
    After the known market decline in late 2008 and early 2009, with a worldwide recession and a sharp drop in consumer spending, most markets recovered from the financially stressed environment in the second half of the year. The last months of 2009 showed a very positive development, with clear signs of market normalization and increased consumer confidence. To some degree, the economic crisis 2009 has separated the wheat from the chaff. This applies especially to the watch industry, where values such as brand awareness, tradition, history and high-quality products count more than ever. Consumers are looking for value and quality.
    The Swatch Group, with its large range of products in all price segments, increased its market share in most markets and regions. In this challenging year, the Group achieved gross sales of CHF 5 421 million, a decrease of only -6.3% on a comparable basis (at constant exchange rates and excluding last year's divestments of Sokymat and Michel). This still represents the third-best result in the Swatch Group history. While the first half year saw a significant decline, sales picked up in the second half and just exceeded - in local currencies - sales of the second half of 2008.
    b Christmas sales clearly beat expectations and December turned out to be the best-ever month of December in terms of sales. The fourth quarter 2009 - expressed in Euro terms - performed at +7.1% at actual rates and +11.1% at constant rates. Foreign currencies negatively impacted sales by CHF 105 million or -1.8%, mainly in the second half of 2009. Especially the Euro, the British Pound and the Russian Ruble negatively impacted sales compared to previous year rates. The US Dollar had practically no impact, while the Chinese Yuan and the Japanese Yen influenced sales positively. Increasing watch demand in several markets compensated decreases in other markets and helped the segment Watches & Jewelry to achieve a remarkable result in 2009. The Production and Electronic Systems segments, on the other hand, were confronted with weaker demand and realized lower sales than in the previous year.
     
    Expected earnings 2009 and Outlook 2010
    The Group expects that the operating profit margin and net income for the full year 2009 will improve compared to the first half of 2009. This improvement will be visible predominantly in the Group's core business, the segment Watches & Jewelry.
    With the prospect of a continuous recovery of the economic environment and the new developments realized in the last months, the Group is very confident that further solid organic sales growth will be achieved in the year 2010. A promising trend can be identified, based on the excellent sell-through figures in January 2010 as well as the order entries for the months to come. The positive outlook is also backed by the Group's positioning in all market segments and its broad geographical presence. Consumer spending is expected to see a steady increase in most countries, with a growing middle class mainly in the emerging markets supporting this trend.
    A positive impact on sales is also expected from Omega's mission as official timekeeper at the Winter Olympics 2010 in Vancouver, starting on 12 February 2010. Omega has been appointed the official timekeeper of the Olympic Games until 2020. Furthermore the opening of the Swatch Art Peace Hotel mid 2010 during the World Exhibition in the fantastic place of Shanghai will represent another milestone for the Group. The increased positive results of the Group's research and development activities will also contribute to further sales growth.

  • Omega - Seamaster Diver 300m "Vancouver 2010" Limited Edition


     
    As the OMEGA clock counting down to the start of the 2010 Vancouver Winter Olympic Games has just reached the minus 100 day mark, OMEGA is releasing two special limited edition watches to commemorate the milestone. The OMEGA Seamaster Diver 300m "Vancouver 2010" Limited Edition will be produced in 41 mm and 36.25 mm versions, each in a release of 2010 numbered pieces and featuring the OMEGA Co-Axial caliber 2500.
    The Seamaster Diver 300m "Vancouver 2010" Limited Edition is equipped with professional diving features: it has a unidirectional rotating bezel, a helium-escape valve and is water resistant to a depth of 300 meters. The caseback is embossed with the Vancouver 2010 Winter Olympic Games logo which features "Ilanaak", the symbol of the Games. It represents the figures made of piled stones which the Canadian First Nations people created to serve as greetings to anyone moving through their territories. The logo's name, Ilanaak, was taken from the word for "friend" in Inuktitut, the name given to the variety of Inuit languages spoken in Canada. The caseback is engraved with the Limited Edition number (0000/2010).
    OMEGA will be serving as Official Olympic Timekeeper for the 24th time at the 2010 Winter Olympic Games in Vancouver and will be carrying on a legacy dating back to the 1932 Los Angeles Olympic Games. The Seamaster Diver 300m "Vancouver 2010" Limited Edition watches ideally commemorate the Winter Games in Vancouver and OMEGA's long relationship with the Olympic Movement.
    The striking watches feature white lacquered dials and red-anodized aluminum bezel rings. These bold contrasting colors recall the Canadian flag with its proud red maple leaf against a stark white background. The white dials are also reminiscent of the snow and ice which will play such an important role in the Vancouver 2010 Winter Olympic Games.
    The watches' connection to the Games in Vancouver is further reinforced by the colored Olympic rings on the counterweight of the red-tipped, rhodium-plated chro¬nograph seconds hand. Their hands and indexes are coated with white Super-LumiNova which at night or in limited light conditions casts a soft blue reflection.

Omega Automatic

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