Archive for July, 2007

The new stainless steel hype started..

Tuesday, July 31st, 2007

Until recently, there was a waiting list for the Submariner LV. These Submariners are easy to bag now, the prices on the livid market have gone down to list price and the watches are sitting behind the windows of the authorized dealer again. However, the authorized dealers have set-up latest waiting lists for the new stainless steel GMT-Master II and the Millgaus. At the grey market dealers, the new GMT-Master II watches bring around 6K (Euro) and the list price will be around 5300 Euro. Some premium has to be paid to be one of the first owners of this watch. However, seeing pictures of a German meet&greet of Rolex collectors (www.r-l-x.de) it is obvious that people are able to get one fairly easy

I actually like the looks of the new GMT-Master II, although the bracelet seems to be a bit too small (/narrow) for the massive lugs on this watch.

 


Pictures by Percy (PCS) of r-l-x.de

p.s. I left the eternal waiting list for the ref.16520 Rolex Daytona gone of this post. That waiting list is just ridiculous for years already.

 

Velatura Ocean Racer by SEIKO

Sunday, July 29th, 2007

Wow Seiko’s virgin Velatura line is absolutely pretty acceptable looking. Here is a lead of the new Seiko Velatura Ocean Racer with their Kinetic Direct operate movement. See fresh of their new Velatura heap at Seiko.

LVMH Watches and Jewelry Up 17% for Half-Year

Saturday, July 28th, 2007

LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, reported Thursday ryetues of 7.

4 billion euros ($10.

1 billion), a 6 percent add to during the same period of the prior year. Its net profit increased beside 2 percent to 834 million euros ($1.1 billion) for the period.

every bit of business groups enjoyed double-digit organic revenue growth, with results particularly good in Europe, the United States, and Asia, the Paris-based corporation said. However, while sales are strong for all of its products throughout the world, growth in revenues and net profits were hampered by the weakness of the dollar and the yen against the Euro. Not taking currency fluctuations into account, the company’s revenue growth was 12 percent for the period.

Profit from recurring operations increased by 11 percent to 1.4 billion euros ($1.9 billion), the company said. At constant exchange rates (organic), profit from recurring operations increased by 16 percent.

“Our performance during the first half of the year once again demonstrates the exceptional appeal of our brands as well as the coherence and effectiveness of our strategy," said Bernard Arnault, LVMH chairman and chief executive officer. "The Group recorded a further increase in its current operating margin to more than 19 percent. These results are even more remarkable given the significant negative impact of exchange rates in the first half of 2007. Numerous product launches, geographic expansion in targeted, high potential markets, and growing success with new clients should allow LVMH to continue its progress in the second half of the year in a favorable economic environment. All these elements enable us to confirm our objective of a significant increase in results for 2007.”

The Watches and Jewelry division of the company reported 17 percent increase in revenues (23 percent organic) to 390 million euros ($532.5 million).

"TAG Heuer continued to expand its higher bound range of products and grew strongly in all of its markets, driven by the progress of its iconic lines F1, Link, Aquaracer, and Carrera," the company said in its report. "Zenith confirmed the success of its sports line Defy and Dior Watches confirmed that of its Christal range. Chaumet’s progress was buoyed by the strengthening of its Liens and Attrape-moi collections. De Beers progressed well in Asia and the United States."

Revenues of its further business groups are as follows:

* Wines & Spirits, 1.3 billion euros ($1.8 billion), 8 percent reported increase (13 percent organic);

* Fashion & Leather Goods 2.6 billion euros ($3.5 billion), up 6 percent (12 percent organic);

* Perfumes & Cosmetics 1.26 euros ($1.7 billion), up 8 percent (12 percent organic);

* Selective Retailing 1.9 billion euros ($2.6 billion), up 5 percent (10 percent organic).

Fortunoff Names Sensale to Top Marketing Post

Friday, July 27th, 2007

Fortunoff has appointed Bernie Sensale to be alive its new big-time marketing officer. Sensale most recently was senior degeneracy president, Marketing at Zale Corp.  

Sensale’s expertness is in the areas of marketing, merchandising, and e-commerce. He joined Zale’s in 1995 as vice president of Marketing & Merchandise Planning for the Bailey Banks & Biddle division and integrated the Piercing Pagoda make into the company. Prior to joining Zale Corp., he was vice president, General Merchandise manager for Ames Department Stores and held disparate merchandising positions at Caldor’s and Macy’s.

“Bernie will be an extremely valuable addition to the Fortunoff team,” said Arnie Orlick, Fortunoff chief executive officer. “He has had tremendous success overseeing the marketing and important planning functions of a major retailer and Fortunoff will certainly benefit from his expertise in a variety of areas.” 

“For years, Fortunoff has been a beloved retailer of home furnishings and jewelry in the tri-state region," Sensale added. "I believe there is tremendous possible to expand upon that foundation.”

Wristwatch by RICHARD MILLE and PHILIPPE STARCK

Friday, July 27th, 2007

Watchmaker Philippe Starck has designed a contemporary check out with Richard Mille for the “Only Watch” auction that is organized over Antiquorum. The Only Watch auction testament choice be held on Thursday September 20, 2007 in Monaco. the totality of proceeds will depart to a Duchenne muscular dystrophy charity. On a side notice I decent noticed that Philippe Starck as well designed the new Fossil watch I featured earlier this month.

Franck Muller USA Wins Court Battle

Thursday, July 26th, 2007

Franck Muller USA, Inc., the full authorized importer and wholesale distributor of Franck Muller eyees in the affiliated States, Canada, and the Caribbean, is claiming victory in a trademark and forgeryright infringement court battle with Elini Designs.

In a statement, Franck Muller USA said that a federal court in Manhattan has issued final judgments in a settlement agreement between the particleies, "which bars Elini Designs Corp. and Elini BVBA, and their owners, from manufacturing, importing, selling, or otherwise distributing any watch bearing Franck Muller trademarks, copyrights or designs throughout the territory."

Elini Designs is based in Miami, Florida, Elini BVBA is based in Antwerp. In addition, Franck Muller USA said that Elini secured the agreement of its Hong Kong manufacturer to cease any new manufacture, sale, or distribution of these watches in the Territory.

"These court orders," the statement said, "represent the successful and amicable resolution of a lawsuit FMUSA brought against Elini Designs and Elini BVBA alleging that their Dolce, Jumbo, and advanced York watch lines illegally copied in substantial part the iconic designs of Franck Muller’s Conquistador, Chronograph, and Cintree Curvex lines."

conj at the time that part of the settlement, Elini will cease manufacturing and selling the three watch lines Franck Muller USA distribution territory and will sell or destroy their current register within 120 days, according to the statement.

“FMUSA is committed to protecting the integrity of the Franck Muller trademark and its unique design features in the United States, Canada, and the Caribbean” Michael C. Miller, lead deliberation for FMUSA, said in the statement. “FMUSA will not stand by while watch makers copy the exceptional designs created by Franck Muller and attempt to dilute the value of its brand.”

Miller advanced: “FMUSA will continue to take whatever lawful measures are available to shut down the infringing entities, whether in the replica or gray market arena.”

Lumi Terra for Women by SUUNTO

Wednesday, July 25th, 2007

The advanced Suunto Lumi Terra is the first Suunto watch just for women. It has an altimeter, barometer and compass like most of the Suunto lineup. It further has a close of era and sunrise function and a peculiar day counter. To appeal to women they create it in ten changed strap colors. It costs occurtween $300-$350 and discretion be at one´s disposal September 1 2007 at Suunto.