WatchTime - August 2012

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WATCHtalk News About WatchTime WatchTime has introduced a new subscription package called “All Access,” which gives readers full access to WatchTime in every media channel. All Access includes the following: • WatchTime magazine • All WatchTime issues on the iPad • All WatchTime issues on the iPhone • A searchable archive for all past stories on watchtime.com • Access to all issues of WatchTime as an e-magazine on watchtime.com. Current subscribers can get WatchTime All Access as a free upgrade to their subscriptions. To find out how to unlock WatchTime All Access, go to watchtime.com/magazine/allaccess. WatchTime All Access comes with all new subscriptions automatically, and will be activated at the same time that the print subscription begins. In addition, readers can now connect with WatchTime through social media. Those wanting to keep up to date with all things WatchTime or hear the latest industry news can follow WatchTime on Facebook (www.facebook.com/watchtimemagazine) and Twitter (www. twitter.com/watchtime), where the staff posts images, videos and daily news updates. On Pinterest, readers can browse through and share more than 500 images with boards devoted to brands, styles, celebrities, and Facetime photos submitted by readers (www. pinterest.com/watchtime). 36 WatchTime August 2012 Merk Photo: Tatijana Shoan Bennahmias Comco Extends Swatch Group Cutbacks The Swiss Competition Commission (Comco) has extended by one year the cutbacks it is permitting the Swatch Group to make in deliveries of movements made by its ETA subsidiary and escapement assortments made by its Nivarox unit. Comco is investigating, at the Swatch Group’s request, whether ETA and Nivarox should be allowed to decrease or completely stop deliveries to other watch companies permanently. Correction The prices for the Corum Admiral’s Cup Legend 42 Annual Calendar given on page 82 of the June 2012 issue were incorrect. The correct price for the rose-gold version (shown here) is $25,900. The steel version is $9,200. Merk Out, Bennahmias In Philippe Merk has resigned from his post as CEO of Audemars Piguet. He has been succeeded, on an interim basis, by François- Henry Bennahmias, who was the brand’s CEO in North America. A statement signed by AP Chairwoman Jasmine Audemars and Merk said that Merk departed “due to differences in company strategy.” Merk became CEO in December 2008. Prior to that he was the CEO for the Swiss brand Maurice Lacroix. Bennahmias, 48, joined Audemars Piguet in 1996 and in 1999 became the chief of its North American operations. Pending the outcome of the investigation, Comco is permitting the Swatch Group to decrease by 15 percent and 5 percent, respectively, its deliveries of complete movements and Nivarox assortments. Comco initially expected to finish the investigation and make a ruling by the end of this year, but has now announced it will not rule until next year and will therefore allow the cutbacks to continue through all of 2013.
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Page 1: PATEK’S NEW RATTRAPANTE PERPETUAL
Page 6: WW1 HEURE SAUTANTE PINK GOLD · Wit
Page 9 and 10: Breguet, the innovator. Type XXII 1
Page 11 and 12: IWC. Engineered for men. “First o
Page 14 and 15: ON WATCHTIME.COM Visit our website
Page 16 and 17: THE MAGAZINE OF FINE WATCHES Editor
Page 18 and 19: THE WORLD OF United States India Ge
Page 20: WATCHtalk Hoop Dreams How a child
Page 23 and 24: s e o e SIGNATURE GRAND CLASSIC AUT
Page 25 and 26: ©2012 CAS O AMER CA, NC. SOLAR POW
Page 28 and 29: WATCHtalk spring, the winding stem,
Page 30 and 31: WATCHtalk Richemont Romps The Swiss
Page 32 and 33: WATCHtalk Namgel Sherpa, left, and
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Page 39 and 40: H24 COLLECTION JACOB & CO. jacoband
Page 41 and 42: INTRODUCING WatchTime ALL ACCESS PR
Page 44: TEST Panerai Luminor 1950 3 Days 47
Page 47 and 48: train and the other above the two b
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Page 52 and 53: CLOSE-UP Patek Philippe Reference 5
Page 60 and 61: Photo: ZUCKERFABRIK FOTODESIGN
Page 62 and 63: CLOSE-UP TAG Heuer Carrera Mikrogra
Page 64 and 65: The large rose-gold case is water r
Page 66: n January 2004, TAG Heuer was despe
Page 69 and 70: SÉMON SOLVED THE V4’S FRICTION P
Page 71 and 72: 1 ms Just a Millisecond The TAG Heu
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Page 76 and 77: PROFILE TAG Heuer’s Jean-Christop
Page 78 and 79: Consulting Group. “For me, consul
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Page 82 and 83: Pros + Nicely decorated in-house mo
Page 84 and 85: TEST Zenith Pilot Big Date Special
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TEST Zenith Pilot Big Date Special
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TEST Zenith Pilot Big Date Special
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JOURNE'S JOURNEY BY IRIS WIMMER-OLB
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Journe’s company, based in Geneva
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Journe says the hardest thing he’
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Official Partner Seating will be li
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Tough Time This two-time-zone watch
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BUYER’S GUIDE w Over 1,000 Watche
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share. Hermès refers to the moveme
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“THE BIG STEP CAME IN 2006, WHEN
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There’s no need to purchase servi
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CLOSE-UP Harry Winston Opus XI barr
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A DAY AT THE WATCH
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ON THE SCENE Watch Servicing reasse
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An uncased movement is timed. This
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eart throbs HThe hairspring and the
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The production of hairsprings begin
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WatchTime - August 2012

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