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2<br />

2010 was a good year for Audemars Piguet.<br />

Fresh off heavily investing in new facilities,<br />

equipment and personnel. “The market demand<br />

is very strong again,” says Philippe Merk,<br />

President, Audemars Piguet. “We are seeing<br />

that the Chinese customer is one of the major<br />

drivers today,and there is also strong demand in<br />

LatinAmerica,which has been in consistent evolution<br />

for over three years now. The most worrisome<br />

situation is that of the Swiss franc, which<br />

is appreciating against all major currencies.”<br />

Merk is particularly excited about the brand’s<br />

new product development, always a strength<br />

for Audemars Piguet.<br />

“We have some very good plans - we are making<br />

collections that have classical values, without<br />

neglecting where we are strong, with elegant<br />

sports watches as well as the avant-garde<br />

timepieces,” he details.“On a smaller scale, I’m<br />

excited about the relaunch of the Millenary<br />

gents watches in the core collection. We have<br />

some exciting things to show in the Offshore,<br />

and in the Classical field with the new Jules<br />

Audemars.We are certainly seeing a trend back<br />

to classical and traditional, and I hope that this<br />

is a lasting trend. The Chinese customer has<br />

introduced this but it is everywhere right now.”<br />

The Millenary Minute Repeater<br />

The one watch Audemars Piguet released prior<br />

to the opening of the SIHH is a new Minute<br />

Repeater in the Millenary collection. “It’s a<br />

Grande Complication in titanium, because of<br />

the acoustic properties for the sonnerie, with<br />

a very cool design,” Merk says. “It’s going to<br />

be very restricted because of our production<br />

capacity.”<br />

Looking forward, Merk knows that 2012 is<br />

going to be a big year, as it is the 40th anniversary<br />

of the Royal Oak,Audemars Piguet’s most<br />

iconic watch.<br />

Growing distribution<br />

Audemars Piguet is looking at expanding its<br />

boutique network, currently at 12 wholly owned<br />

stores, along with more than 20 that are in<br />

partnership with retailers. “In certain areas,<br />

we need to work with a local retailer to share<br />

the projects,” Merk explains.“In terms of high<br />

level retail concepts, we want to approach a<br />

europa star SIHH 53<br />

Audemars Piguet’s plans in the pipeline<br />

RKeith W. Strandberg<br />

total of 30 – 40 stores in the world, and at<br />

the same time we are improving in general<br />

our retail distribution.” O<br />

For more information about Audemars Piguet<br />

click on Brand Index at www.europastar.com<br />

TECHNICAL CHARACTERISTICS<br />

REFERENCE 26371TI.OO.D002CR.01<br />

Manufacture Audemars Piguet Calibre 2910<br />

Offset hours/minutes at 3 o’clock, offset minutes at 7<br />

o’clock; three-position winding crown; repeater slide<br />

serving to activate the minute repeater at 7 o’clock<br />

Movement dimensions (width and thickness):<br />

37.90 x 32.90 mm<br />

Casing diameter (width and thickness): 37 x 32 mm<br />

Total movement thickness: 10.05 mm<br />

Direct-impulse AP escapement<br />

Variable-inertia balance fitted with inertia-blocks<br />

Diameter of the balance: 11.90 mm<br />

Flat double balance-spring<br />

Power reserve: 165 hours<br />

Frequency: 21,600 vph (3Hz)<br />

Number of parts: 443<br />

Number of jewels: 40<br />

Finishing: all parts finished by hand, with handpolished<br />

bevelling, interior angles, snailing, handdraw<br />

file strokes, horizontal Côtes de Genève motif and<br />

circular-graining on the mainplate.<br />

Case: Titanium oval case; width: 47 mm / thickness:<br />

42 mm; sapphire crystal caseback; non water-resistant<br />

Dial: Anthracite grey dial, applied pink gold Roman<br />

numerals, silvered small seconds sub-dial<br />

Strap: Hand-sewn black crocodile leather “with large<br />

square scales”, fastened by a titanium AP folding clasp<br />

Functions: Hours, minutes, small seconds, minute repeater

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