Bright shine that may be short lived - Financial Times
Bright shine that may be short lived - Financial Times
Bright shine that may be short lived - Financial Times
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
FINANCIALTIMES SATURDAYSEPTEMBER 11 2010 ★ 15<br />
Inventor<br />
turns his<br />
attention to<br />
time eating<br />
Extreme horology<br />
Maria Doulton talks<br />
to John C Taylor,<br />
who wants to make<br />
every second count<br />
You have to move fast to<br />
catch the septuagenarian<br />
John C Taylor,<br />
inventor, horologist and<br />
artist.<br />
This reporter had an hour’s<br />
notice to catch him <strong>be</strong>tween<br />
Waterloo Station and Fairoaks<br />
Airport, Woking, from where he<br />
was to take the controls of his<br />
TVM850 turbo prop aeroplane to<br />
fly home to the Isle of Man.<br />
Clapham Junction’s Costa coffee<br />
bar was the most efficient<br />
point of intersection.<br />
With Mr Taylor’s small briefcase<br />
and compact suitcase dangling<br />
a light blue “crew” tag<br />
safely stowed, his burgundy cravat<br />
neatly tucked into his blue<br />
shirt and a mozzarella melt<br />
<strong>be</strong>fore him, he recounted his<br />
journey from inventor to creator<br />
of monumental clocks.<br />
More art installation than<br />
clock, each highly complex<br />
mechanical creation features a<br />
four-foot rippled golden dial <strong>that</strong><br />
has no hands but pulsates with<br />
rings of blue light.<br />
Atop the tooth-edged dial<br />
walks relentlessly a menacing<br />
rottweiler-sized time eating<br />
insect or “chronophage”.<br />
The blinking, blood-mottled,<br />
bar<strong>be</strong>d-lim<strong>be</strong>d, time-gobbling,<br />
clanking automaton resembles a<br />
creature from Armageddon.<br />
The chronophage’s mouth<br />
opens slowly and snaps shut<br />
every 60 seconds to devour the<br />
minute just passed and every<br />
quarter hour the forked tail<br />
quivers and slowly sinks.<br />
You <strong>may</strong> not have seen one of<br />
Mr Taylor’s clocks, but a more<br />
discreet creation of his is likely<br />
to <strong>be</strong> sitting on your kitchen<br />
counter.<br />
As the inventor of a thermostat<br />
control found in 1bn kettles,<br />
he has <strong>be</strong>en quietly regulating<br />
tea-making in 75 per cent of<br />
households around the world.<br />
We also have him to thank for<br />
the cordless kettle and a cut-out<br />
device <strong>that</strong> stops plastic kettles<br />
from melting.<br />
His are achievements <strong>that</strong><br />
would most certainly entitle<br />
anyone to switch off, brew up a<br />
pot of tea and cruise into a comfortable<br />
retirement.<br />
“By the time I was in my 70s I<br />
felt time was racing away. I<br />
wanted to make a visual representation<br />
of this, but the art<br />
world is closed and you can’t <strong>be</strong><br />
famous until you are dead.<br />
“So I decided to create a work<br />
of art <strong>that</strong> is fun, accessible and<br />
actually does something,” he<br />
says.<br />
A pilot since the age of 16, Mr<br />
Taylor’s interest in watches<br />
came from the link <strong>be</strong>tween flying<br />
and navigation.<br />
His knowledge of the works of<br />
the great clockmakers led him<br />
to Harrison’s 19th century chronometers.<br />
Harrison called his<br />
escapement a grasshopper.<br />
“Harrison’s grasshopper is so<br />
<strong>be</strong>autiful <strong>that</strong> I wanted to turn<br />
the clock inside out and dress<br />
up the grasshopper so <strong>that</strong> everyone<br />
can see him at work.”<br />
The clock is completely<br />
mechanical, although the spring<br />
remontoir <strong>that</strong> stores the energy<br />
Digital age spells an end<br />
to American pen pushing<br />
Montblanc in US<br />
Timothy Bar<strong>be</strong>r on<br />
a new world<br />
marketing strategy<br />
In its 2010 annual report,<br />
Richemont, the Swiss luxury<br />
powerhouse, still categorised<br />
Montblanc, one of<br />
its highest profile subsidiaries,<br />
as a “writing instrument<br />
maison”. This was<br />
despite the fact <strong>that</strong> in 2008,<br />
for the first time in its 102year<br />
history, Montblanc had<br />
accounted for fewer than<br />
half of its sales.<br />
In the US, the company’s<br />
biggest market, watches are<br />
now <strong>be</strong>ing pushed as its<br />
core product.<br />
“Americans have a much<br />
closer relationship to the<br />
timepieces than they do to a<br />
writing culture,” says Jan-<br />
Patrick Schmitz, chief executive<br />
of Montblanc’s US<br />
operation, which sells more<br />
“convenience” pens – roller<br />
balls and ballpoints – than<br />
fine fountain pens.<br />
“They’re enjoyed more as<br />
a status accessory than<br />
they are for their perfection<br />
as a writing experience,” he<br />
says.<br />
Montblanc remains the<br />
market leader in luxury<br />
pens in the US, partly<br />
<strong>be</strong>cause competition has<br />
dwindled so sharply. With<br />
the encroachment of electronic<br />
communications on a<br />
writing culture far less<br />
developed than <strong>that</strong> of<br />
Europe or Asia, it is not a<br />
sector <strong>that</strong> generates excitement<br />
for the future.<br />
The company realised in<br />
the early 1990s <strong>that</strong> it would<br />
need to diversify into other<br />
products to mitigate the<br />
growing impact of the digital<br />
age on the market for<br />
fine pens.<br />
Leather products, desk<br />
accessories and fine jewellery<br />
have all <strong>be</strong>come part of<br />
its offering. But from the<br />
start, the company saw the<br />
watch business as a natural<br />
fit with the values of craftsmanship,<br />
precision and heritage<br />
it espoused in its pens.<br />
Try telling <strong>that</strong> to the<br />
watch world.<br />
Having launched its<br />
handmade watches in 1997,<br />
Montblanc struggled for a<br />
long time to gain credibility<br />
from either industry insiders<br />
or consumers.<br />
The company found itself<br />
a minnow in the horological<br />
market, where longevity<br />
and sustained quality are<br />
driving imperatives.<br />
In recent years, it has<br />
made an Olympian effort to<br />
redress this. With the<br />
launch of its first movement<br />
in 2008, the MB-001,<br />
Montblanc’s dedicated<br />
watchmaking facility in<br />
LeLocle, Switzerland,<br />
achieved full manufacture<br />
status – producing entire<br />
watches, movement and all,<br />
inhouse.<br />
In 2007 it acquired Fabrique<br />
d’Horlogerie Minerva,<br />
a venerable specialist in<br />
mechanical movements,<br />
and with it an entire watchmaking<br />
history and pedigree<br />
it could market. While<br />
LeLocle churns out more<br />
than 100,000 watches a year,<br />
Minerva produces Montblanc’s<br />
Collection Villeret<br />
1858, a range of just 250<br />
ultra-expensive connoisseur<br />
pieces.<br />
If Europe is still fully to<br />
embrace Montblanc Montre,<br />
the need for credibility<br />
through established reputation<br />
is less of an impediment<br />
in the US.<br />
“Having some good history<br />
is merely icing on the<br />
cake here,” says Ariel<br />
Adams, a US watch industry<br />
consultant. “Americans<br />
are much more concerned<br />
with style, quality and performance.<br />
Luckily Montblanc<br />
have some very good<br />
designs.”<br />
Mr Schmitz acknowledges<br />
‘We’re successful<br />
<strong>be</strong>cause of our<br />
writing instruments<br />
and the quality and<br />
history associated<br />
with them’<br />
this difference. Nevertheless,<br />
it is through the<br />
notion of historical cachet –<br />
based on both the hallowed<br />
reputation of its pen manufacturing,<br />
the assimilated<br />
heritage of the Minerva<br />
watch business and a canny<br />
play on the history of the<br />
chronograph – <strong>that</strong> Montblanc<br />
is launching a US<br />
marketing push.<br />
Montblanc’sRieussecwatchwithequestrianconnections<br />
Watch displays in its 34<br />
North American boutiques<br />
are <strong>be</strong>ing ramped up, with<br />
select stores installing<br />
zones dedicated to horological<br />
history and craftsmanship.<br />
An advertising campaign<br />
using the slogan<br />
“Timewriters” – a thematic<br />
linking of the company’s<br />
two primary strands –<br />
includes internet, iPad and<br />
iPhone tie-ins.<br />
The slogan also references<br />
a literal translation of<br />
the word “chronograph”.<br />
Montblanc named its flagship<br />
chronograph, the Nicolas<br />
Rieussec, after the 19th<br />
century inventor of the first<br />
such timepiece, a contraption<br />
<strong>that</strong> timed horse races<br />
by linking rotating second<br />
and minute discs with an<br />
ink-filled marker – thereby<br />
“writing” time.<br />
The Nicolas Rieussec<br />
watch incorporates those<br />
rotating discs in its design.<br />
It is an image he wants to<br />
“burn on to people’s minds,<br />
so <strong>that</strong> when they think of<br />
Montblanc they picture this<br />
watch. If they imagine just<br />
a pen, we’re not succeeding”.<br />
Rieussec’s equestrian connection<br />
informs the final<br />
plank of Montblanc’s strategy:<br />
sponsoring horse races,<br />
such as The Breeders’ Cup<br />
and the Belmont Stakes,<br />
two of the US’s most<br />
exalted racing events.<br />
It is a serious departure<br />
for a company <strong>that</strong> has<br />
always concentrated its<br />
support in the arts.<br />
“It’s sport, but it’s not<br />
Americans sitting eating<br />
hot dogs,” Mr Schmitz says.<br />
“The people who enjoy it<br />
are very much in the demographic<br />
we speak to.”<br />
For all the reference to<br />
the seriously high-end – the<br />
Rieussec watches sell for<br />
about $20,000 – it is its midrange<br />
luxury watches, in<br />
the $3,000-$5,000 range, <strong>that</strong><br />
are the engine room of<br />
Montblanc’s US watch business.<br />
The emphasis on<br />
craftsmanship and heritage,<br />
however, remains a constant.<br />
“We’re not stepping away<br />
from our roots. We <strong>be</strong>lieve<br />
we’re successful <strong>be</strong>cause of<br />
our writing instruments<br />
and the quality and history<br />
associated with them.”<br />
Watches&Jewellery<br />
Meanmachine:the‘chronophage’<br />
ondisplayoutsideCorpusChristi<br />
College,Cambridge Chris Radburn<br />
to drive the mechanism is<br />
wound from the mains as are<br />
the LED lights.<br />
Mr Taylor efficiently channels<br />
the energy from the rocking of<br />
the insect’s feet to power the<br />
mechanism <strong>that</strong> opens and<br />
closes its eyes.<br />
Playing with our notions of<br />
time, the clock randomly slows<br />
down, speeds up and then stops<br />
completely.<br />
To compensate for these<br />
antics, the entire mechanism is<br />
regulated every fifth minute by<br />
the Rugby Time Signal to <strong>be</strong><br />
precise to 100th of a second.<br />
Mr Taylor searched the internet<br />
to find a Dutch company<br />
<strong>that</strong> specialises in underwater<br />
explosive formation.<br />
The “waves of time” on the<br />
dial were formed using rings of<br />
cordite detonated underwater<br />
<strong>that</strong> make the ripple shapes in<br />
the metal.<br />
As for the intimidating look of<br />
‘I wanted a visual<br />
representation of time<br />
racing away but the<br />
art world is closed and<br />
you can’t <strong>be</strong> famous<br />
until you’re dead’<br />
the insects – and so far there are<br />
two equally vicious mutant variants<br />
– Mr Taylor says: “I wanted<br />
to make him look scary <strong>be</strong>cause<br />
if you think about time, it really<br />
is quite frightening.”<br />
The first “chronophage” has<br />
<strong>be</strong>en on display outside Corpus<br />
Christi College, Cambridge,<br />
since 2008. The second version,<br />
valued at £2m, was unveiled at<br />
the Masterpiece fair of fine and<br />
decorative arts in London this<br />
year. It is yet to find an owner.<br />
Who does Mr Taylor think<br />
might <strong>be</strong> interested in his time<br />
eaters?<br />
“Organisations where there<br />
are people at a slightly loose<br />
end, such as airports, museums<br />
or hotels, and of course art collectors.<br />
If I can sell 1bn kettle<br />
controls, I can sell 15 clocks,” he<br />
says.<br />
The time is 1pm on his Breitling<br />
aviator’s watch and he<br />
briskly heads off to his private<br />
jet at a pace in keeping with his<br />
philosophy: “You have to make<br />
use of each minute, <strong>be</strong>cause<br />
once the chronophage eats it,<br />
it’s gone!”