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  • Jeanrichard - Ian Wright helps launch special Arsenal watch and clock set

    Former Arsenal striker and England international Ian Wright was the guest of honour on the Jeanrichard stand at SalonQP for the launch of the brand's new limited-edition Arsenal Terrascope chronograph in carbon fibre.

    He may not have been the most obvious choice to line-up alongside the brand's CEO Bruno Grande, since he is not a member of the Arsenal squad and thus has no direct ties with the brand. In fact, his relationship with Jeanrichard came about more by chance.

    "We were contacted by Ian Wright because he wanted to see the watches," explained Bruno Grande. "We don't have a direct association with him (we couldn't afford it), so he's a genuine friend of the brand and we have plenty more celebrities gravitating around the brand thanks to Arsenal." 

    After patiently posing for photographs with visitors to SalonQP, Ian Wright corroborated this story for WorldTempus. "A business colleague of mine told me about Bruno and what he was doing. I hear about this kind of thing all the time but when I finally sat down with him and listened to him speaking about the watches I could tell that he was as passionate about the watches as I am about football. The way he talked about the watches and the history dating back to 1681 was fascinating. And it came at a time when I was getting back into watches so I was in the market and I wasn't sure what to get. I like the fact that it's classy and understated, and because I wear it on my right hand, everybody notices it."

    The reason the former Arsenal forward was "in the market" was a particularly harrowing aggravated burglary at his home over the summer, during which his wife was held at knifepoint while his children were upstairs. Wright himself was in Brazil commentating on the World Cup for UK television and had to fly home to comfort his family. Apart from the emotional stress of the event, one of the physical losses he suffered was the theft of his entire watch collection, which included connoisseur models from the likes of Patek Philippe and Rolex. The unfortunate event has also led to a change in this collector's philosophy about watches.

    "It's almost like starting again," he said. "I'm most probably going to end up with a few Jeanrichard watches and I will probably buy the one they just launched. But what I will do now is buy watches to wear rather than collect. I still have a 1969 Paul Newman Rolex (the thieves didn't get that one because it was being repaired at Rolex) and I'm going to start wearing it."

    The new limited-edition model is the first chronograph in the Jeanrichard Terrascope line and comes with a new case in single-ply carbon, which has a uni-directional finish similar to brushing, even though the case undergoes no separate finishing after it is machined. It comes with the signature Jeanrichard "rubbergator" strap (rubber that is stamped to resemble alligator leather) with red stitching and, of course, the cannon of the Gunners as the small seconds counter. This strictly limited edition, of which only 50 will be produced, comes complete with a certificate of authenticity signed by three players from the current Arsenal squad, as well as - unusually - a 30cm diameter Jeanrichard wall clock.

    But why does Ian Wright prefer Jeanrichard in particular, when as a football pundit travelling around the world to cover the major soccer events he gets to experience the marketing activities of various watch brands, as well as compare tastes with his peers?
    "Footballers went through a phase of wearing massive watches," he explains, "which I call the silly phase. But what you see now is that they are going more for the elegant pieces, which is what I have always thought was synonymous with watches."

  • Market - Make An Investment in Luxury Watches


    Asia Tatler - 15. November 2011

    Last month, DKSH Holdings held its first Swiss watch auction in Hong Kong with a promising total of HK$23.4 million worth of luxury timepieces sold at the auction. With the growing number of luxury watch boutiques populating the streets of Hong Kong, it is without a doubt that the watch market has grown exponentially, and that now there are more not only willing to purchase luxury timepieces but more than ever before, there is a growing market for watch investment. We talk to Gonpo Tsering, head operations support and member of group management of DKSH in hope to learn more about the value of watches and the booming watch market.


    According to Tsering, the Swiss Auctions, an activity of DKSH's business segment in luxury and lifestyle, was held in Hong Kong for the first time because the company saw the need for a platform to bridge the gap between owners of rare and important timepieces and collectors hunting for rare collectible timepieces.
    "DKSH identified this niche market and is catering to this demand with a very high-end auction for watches. Hong Kong - this thriving and throbbing city - was our immediate first choice for obvious reasons. Hong Kong is becoming highly attractive to watch collectors from all over the world - and the fact that there are no sales or luxury tax here is of course very conducive to promote this trend."
    Read about Boucheron's exquisite craftsmanship here.
    For those who want to start their own watch collection or begin investing in watches, it is crucial to give a timepiece its rightful value. Tsering recommends a few ways to determine a watch's value:
    1) Take note of the brand of the watch
    2) Take into account the condition of the timepiece
    3) Find out when it was manufactured
    Second, potential buyers should also refer to a watch price guide and appraisal information to find out where the value ranges for the watch. Last, but not least, work with a professional watch appraisers who can value the watch and provide an appraisal certificate.
     


    "I would suggest that new watch collectors learn more about the watch market and the techniques on how watches are being appreciated and valued. The internet is a good first starting point to gather knowledge about watches. Besides, they should also attend auctions so that they can get firsthand information about the value of the watch and the trend of the market. My personal advice: focus on either a brand, on a certain period, or on a special category of timepieces. My personal favourite is pocket watches, which are not so popular currently and therefore very affordable," he advised.
    Apart from looking at the new watches released by major brands and manufactures, watch investors are advised to go to watch auctions to source possible investment pieces. Watch auctions does not only give collectors the choice of the best collectables at a single location, but it gives the guarantee that the watches are authentic and are in good condition while it also reduces the amount of extensive research.
     


     
    Tsering shares his belief that there is a clear sign that the watch market will definitely continue to blossom with an Asian force.
    "The potential growth of the market for timepieces and watch collection is indisputable. Asia's remarkable growth and the rapidly emerging middle class will lead to a significant increase in demand for luxury and lifestyle goods, driving further growth in the luxury market."
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    With such new force in the watch industry, Tsering said there is also one more thing that investors should bear in mind: Asian consumers trends have now changed. In the past, Asian consumers usually follow global trends. Now, a new wealthy class with more international exposure is coming up from developing Asian countries, they tend to know more about the market and are interestingly becoming fonder of simpler and more conservative designs. So, when investors are selecting potential investment pieces, they should also be aware of which sector of the industry they are targeting.


    For example, among the top lots sold at the auction was a Historie de Tourbillion, a Zalium manual-winding tourbillion from Harry Winston. This 18k white gold timepiece was manufactured in 2009 and was sold for an impressive HK$2.55 million.

  • Baselworld - Expectations


    WORLDTEMPUS - 22 March 2011

    Expect to see hordes of people, nose flat on the doors before the fair opens. These people will most likely rush to Rolex's showcases and Tweet and blog their blurry pictures in order to be the very first to show the new products from the world's most famous watch brand. Even the tiniest changes to existing references will have readers of the online forums and blogs oooohing and aaaahing. Such is the world of Rolex fans - every year.

    Rolex

    Personally, I can wait for my presentation of the Rolex news, but I do expect to see a new Explorer II. At the very least, there should be a new dial and hand configuration. Rumor has it that this new Explorer II was all set for launching last year, but for some reason Rolex decided to wait another year. We shall see.
    I also expect to see an all-steel version of the Rolex Submariner No-Date in the maxi case with ceramic bezel inlay. It would only be a natural evolution for Rolex to add this model to the "maxi case" sports collection.
    Breitling
    Breitling introduced its in-house B01 movement two years ago, and the famed watch brand has since introduced a couple of models sporting this new movement. I expect to see more models using this new movement, and probably not only B01 and Navitimer models.Patek Philippe
    It is always a great pleasure to visit the enormous Patek Philippe stand in Hall 1. Even if you can't get inside for a presentation, the showcases surrounding the outside of the luxurious booth present the horological luxury that Patek Philippe does so well. The Nautilus collection is growing and it would be nice to see a gold version on a bracelet instead of a strap. This goes for the three-hander as well as the complicated models.

    Hermes

    Thanks to the recent dialogue between LVMH and the Hermes management, I certainly look forward to getting a closer look at the new watches from Hermes. I have never paid much attention to the watches from this company, but the "We are not in luxury; we are in quality" remark made by Bernard Puech, president of the board of directors of Hermes, when LVMH recently purchased 17.7 percent of the shares in the company makes it extra interesting to see if the watches are also part of this "quality."

    Bulgari

    In one breath, Italian luxury provider Bulgari also became part of the LVMH family when the group purchased 51 percent of the family-owned company. Will the Daniel Roth and Gerald Genta designs still feature Bulgari on the dial or will LVMH break the ties that were such a topic last year? Maybe it is too early to find out, as the takeover is rather recent. But, then again, maybe we can find out.
    Either way, this is bound to be an interesting year at Basel. Stay tuned to Worldtempus for the coverage.

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