Horology http://www.globalpost.com/taxonomy/term/25873/all en UPDATE 4-Swatch buys Harry Winston jewellery arm for $750 mln http://www.globalpost.com/dispatch/news/thomson-reuters/130114/update-4-swatch-buys-harry-winston-jewellery-arm-750-mln <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Acquisition includes $750 mln in cash, $250 mln net debt</p> <p>* Mining arm renamed Dominion Diamond Corporation</p> <p>* Deal seen as reasonably priced, Swatch shares rise 3 pct</p> <p>* Harry Winston made famous by Marilyn Monroe</p> <p>By Silke Koltrowitz</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130114/update-4-swatch-buys-harry-winston-jewellery-arm-750-mln" target="_blank">read more</a></p> Business Culture Entertainment Horology The Swatch Group Thomson Reuters Mon, 14 Jan 2013 13:45:30 +0000 5734138 at http://www.globalpost.com Swatch says net profit up 26% to 1.6 bn Swiss francs http://www.globalpost.com/dispatch/news/afp/130204/swatch-says-net-profit-26-16-bn-swiss-francs-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The world's biggest watch-making group Swatch said on Monday its net profit soared 26 percent last year, beating market expectations and boosting its share price.</p> <p>Swatch, most known for its brightly coloured plastic-cased watches saw its net profit balloon to 1.6 billion Swiss francs (1.3 billion euros, $1.76 billion).</p> <p>Hailing "a high level of capacity utilisation, innovative production methods and traditionally strong cost controls," the group also said its operating profit swelled nearly 23 percent year-on-year to 1.98 billion Swiss francs.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130204/swatch-says-net-profit-26-16-bn-swiss-francs-0" target="_blank">read more</a></p> Culture Horology The Swatch Group the Swatch Group AFP Mon, 04 Feb 2013 11:33:10 +0000 5745214 at http://www.globalpost.com UPDATE 3-Swatch's upbeat view stokes hopes China demand improving http://www.globalpost.com/dispatch/news/thomson-reuters/130204/update-3-swatchs-upbeat-view-stokes-hopes-china-demand-improvin <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* FY net profit up to 1.61 bln Sfr vs 1.48 bln in poll</p> <p>* Says 2013 started well, healthy growth in January</p> <p>* Purchase of Harry Winston jewellery taps into high-end demand</p> <p>* Sees healthy growth potential for watch industry</p> <p>By Silke Koltrowitz</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130204/update-3-swatchs-upbeat-view-stokes-hopes-china-demand-improvin" target="_blank">read more</a></p> Horology Marketing The Swatch Group the Swatch Group Thomson Reuters Mon, 04 Feb 2013 13:00:31 +0000 5745299 at http://www.globalpost.com Swiss watchmakers clock record exports in 2012 http://www.globalpost.com/dispatch/news/afp/130205/swiss-watchmakers-clock-record-exports-2012 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Swiss watchmakers posted record exports last year of 21.4 billion Swiss francs (17 billion euros, $23.5 billion), which was nearly 11 percent more than a year earlier, the Federation of the Swiss Watch Industry said Tuesday.</p> <p>"In an often unfavourable economic climate, the Swiss watch industry clearly managed to hold its own," the federation said in a statement.</p> <p>The Swiss watchmaking industry has over the past three years seen an unprecedented surge in sales, especially in China, which is displaying an increasing appetite for European luxury goods.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130205/swiss-watchmakers-clock-record-exports-2012" target="_blank">read more</a></p> Europe Horology Occupations AFP Tue, 05 Feb 2013 11:31:05 +0000 5746234 at http://www.globalpost.com Hermes buys control of Swiss luxury watchmaker http://www.globalpost.com/dispatch/news/afp/130420/hermes-buys-control-swiss-luxury-watchmaker <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The watch subsidiary of French luxury group Hermes says it has bought control of a Swiss watchmaking firm, Joseph Erard Holding, boosting its strategy in making high-end timepieces.</p> <p>La Montre Hermes said in a statement it had raised its previous 32.5 percent stake it has held since September 2011 in the Swiss family-run firm to an unspecified level giving it a controlling majority share.</p> <p>"For Hermes, this operation is a natural part of a continuing effort to master the craft of watchmaking," the French group said.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130420/hermes-buys-control-swiss-luxury-watchmaker" target="_blank">read more</a></p> Crafts Hermes Horology Occupations AFP Sat, 20 Apr 2013 10:45:32 +0000 5820888 at http://www.globalpost.com Richemont foresees 30% leap in 2013 profit http://www.globalpost.com/dispatch/news/afp/130423/richemont-foresees-30-leap-2013-profit <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The Swiss luxury goods giant Richemont said Tuesday that it expects its 2012-13 net profit to surge by around 30 percent, largely owing to favourable exchange rates.</p> <p>The world's second largest luxury good group, which owns the Cartier, Piaget, Jaeger-LeCoultre and Montblanc brands among others, is set to publish its full results for the financial year on May 16.</p> <p>Richemont unveiled some tendencies in advance however, in accordance with Swiss stock exchange rules, which require companies to make </p> <p>public any significant anticipated changes in its results. </p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130423/richemont-foresees-30-leap-2013-profit" target="_blank">read more</a></p> Culture Horology Luxury brands AFP Tue, 23 Apr 2013 08:31:07 +0000 5822920 at http://www.globalpost.com BASELWORLD watch and jewelry expo draws over 2,000 exhibitors http://www.globalpost.com/dispatch/news/agencia-efe/130424/baselworld-watch-and-jewelry-expo-draws-over-2000-exhibitors <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agencia EFE </div> </div> </div> <!--paging_filter--><p>Geneva, Apr 24 (EFE).- The BASELWORLD 2013 watch and jewelry trade show opens this week in the Swiss city of Basel, where more than 2,000 exhibitors from 45 countries will showcase their wares.</p> <p>Some of the world's most prestigious jewelry and watch companies, such as Chopard and Rolex, will be at BASELWORLD, which opens on Thursday.</p> <p>The expo, which has been held since 1917, is considered the watch and jewelry industry's biggest event of the year.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.efe.com" class="button wire efe"></a></p> <p><a href="http://www.globalpost.com/terms-use#efe"><span>Copyright EFE, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/agencia-efe/130424/baselworld-watch-and-jewelry-expo-draws-over-2000-exhibitors" target="_blank">read more</a></p> Horology Luxury brands Watches Agencia EFE Wed, 24 Apr 2013 15:30:52 +0000 5824200 at http://www.globalpost.com Size matters for Swiss watch industry at Basel fair http://www.globalpost.com/dispatch/news/afp/130428/size-matters-swiss-watch-industry-at-basel-fair <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>It seems nothing is too big for Switzerland's watch industry, whose vast annual Baselworld trade fair is a touchstone for the health of a sector which has bucked the downbeat global economy.</p> <p>The 41st edition of the fair in the northern city of Basel, which wraps up on May 2, has seen top brands striving to outdo one another by doubling and even tripling their previous years' display space.</p> <p>Baselworld -- also devoted to jewelry -- is the largest watch trade fair in the world and is expected this year to draw 100,000 visitors.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130428/size-matters-swiss-watch-industry-at-basel-fair" target="_blank">read more</a></p> Culture Horology Watches AFP Sun, 28 Apr 2013 04:30:03 +0000 5826933 at http://www.globalpost.com World's first atomic pocket watch http://www.globalpost.com/dispatch/news/afp/tourism/130508/worlds-first-atomic-pocket-watch <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Set for release at the end of the year, London-based watchmaker Hoptroff is creating the world's first atomic pocket watch. </p> <p>Developed under the codename 'Atom Heart Mother,' the new Hoptroff No. 10, is the world's first atomic-powered pocket watch.</p> <p>So why risk wandering around with a radioactive device? Accuracy is the name of the game; the timepiece will be thousands of times more accurate than the latest mechanical or quartz Swiss and Japanese watches. </p> <p><a href="http://www.globalpost.com/dispatch/news/afp/tourism/130508/worlds-first-atomic-pocket-watch" target="_blank">read more</a></p> Horology Measurement Time Tourism Wed, 08 May 2013 17:09:04 +0000 Agence France-Presse 5833500 at http://www.globalpost.com World's first atomic pocket watch http://www.globalpost.com/dispatch/news/afp/news/130508/worlds-first-atomic-pocket-watch <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Set for release at the end of the year, London-based watchmaker Hoptroff is creating the world's first atomic pocket watch. </p> <p>Developed under the codename 'Atom Heart Mother,' the new Hoptroff No. 10, is the world's first atomic-powered pocket watch.</p> <p>So why risk wandering around with a radioactive device? Accuracy is the name of the game; the timepiece will be thousands of times more accurate than the latest mechanical or quartz Swiss and Japanese watches. </p> <p><a href="http://www.globalpost.com/dispatch/news/afp/news/130508/worlds-first-atomic-pocket-watch" target="_blank">read more</a></p> Horology Measurement Time Health and Home Wed, 08 May 2013 18:15:05 +0000 Agence France-Presse 5833547 at http://www.globalpost.com World's first atomic pocket watch http://www.globalpost.com/dispatch/news/afp/well-being/130508/worlds-first-atomic-pocket-watch <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Set for release at the end of the year, London-based watchmaker Hoptroff is creating the world's first atomic pocket watch. </p> <p>Developed under the codename 'Atom Heart Mother,' the new Hoptroff No. 10, is the world's first atomic-powered pocket watch.</p> <p>So why risk wandering around with a radioactive device? Accuracy is the name of the game; the timepiece will be thousands of times more accurate than the latest mechanical or quartz Swiss and Japanese watches. </p> <p><a href="http://www.globalpost.com/dispatch/news/afp/well-being/130508/worlds-first-atomic-pocket-watch" target="_blank">read more</a></p> Horology Measurement Time Well being Wed, 08 May 2013 19:30:27 +0000 Agence France-Presse 5833666 at http://www.globalpost.com A production facility in Detroit has the American watchmaking industry ticking once again http://www.globalpost.com/dispatch/news/the-canadian-press/130509/production-facility-detroit-has-the-american-watchmaking-ind <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> The Canadian Press </div> </div> </div> <!--paging_filter--><p>DETROIT - Detroit has a long history of manufacturing — cars, steel, even popcorn.</p> <p>Now, the city is home to a facility devoted to the production of an item not made at this scale in the U.S. for decades: the wristwatch.</p> <p>The Dallas-based Shinola Company is manufacturing its Shinola brand of watches in Detroit.</p> <p>Shinola officials say this year's watch production target is 45,000, to be sold online, at flagship stores in Detroit and New York and at fashion and jewelry retailers and department stores nationwide.</p> <p><a href="http://www.globalpost.com/dispatch/news/the-canadian-press/130509/production-facility-detroit-has-the-american-watchmaking-ind" target="_blank">read more</a></p> Clocks Horology Measurement The Canadian Press Thu, 09 May 2013 08:15:18 +0000 5834390 at http://www.globalpost.com Luxury Leo Messi watch sells for 65,500 euros at charity auction http://www.globalpost.com/dispatch/news/agencia-efe/130511/luxury-leo-messi-watch-sells-65500-euros-at-charity-auction <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agencia EFE </div> </div> </div> <!--paging_filter--><p>Geneva, May 11 (EFE).- An exclusive Audemars Piguet watch designed with the assistance of soccer star Leo Messi was knocked down at auction Saturday for 65,500 euros ($85,000), all of which will go to the foundation created by the soccer star to aid underprivileged children in Argentina, Mexico and Spain.</p> <p>This particular wristwatch is No. 10 - in honor of the number on the soccer forward's jersey - of the Royal Oak Chronograph Leo Messi model, a limited edition of only 100 pieces.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.efe.com" class="button wire efe"></a></p> <p><a href="http://www.globalpost.com/terms-use#efe"><span>Copyright EFE, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/agencia-efe/130511/luxury-leo-messi-watch-sells-65500-euros-at-charity-auction" target="_blank">read more</a></p> Horology Luxury brands Measurement Agencia EFE Sat, 11 May 2013 18:30:58 +0000 5835724 at http://www.globalpost.com 'Optical clock' yields split-second success http://www.globalpost.com/dispatch/news/afp/130709/optical-clock-yields-split-second-success <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Physicists said Tuesday that a so-called optical lattice clock, touted by some as the time-measuring device of the future, had passed a key accuracy test.</p> <p>The performance boosts chances that the world's timekeepers will one day adopt it for defining the second, they said.</p> <p>The atomic clock, introduced in 1955, measures time by using microwaves to probe atoms as they transit between two energy levels.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130709/optical-clock-yields-split-second-success" target="_blank">read more</a></p> Clocks Horology Measurement AFP Tue, 09 Jul 2013 17:02:02 +0000 5879467 at http://www.globalpost.com Review: Pebble smart watch is great way to be bugged, good sign for wearable computing http://www.globalpost.com/dispatch/news/the-canadian-press/130717/review-pebble-smart-watch-good-sign-wearable-computing <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> The Canadian Press </div> </div> </div> <!--paging_filter--><p>NEW YORK, N.Y. - You have a cellphone, maybe a tablet. Sometimes you lug around a laptop. Do you really need one more gadget on you?</p> <p>Yes, you do. You need a smart watch. At least, that's what I learned after I got the Pebble, a $150 watch that connects wirelessly to iPhones and Android smartphones to notify you of incoming calls, texts and emails.</p> <p>The Pebble has a lot of rough edges, but it does a good job of demonstrating the potential of "wearable" computing. Apple has filed patents that demonstrate it's working on a watch, and other "smart" watches are proliferating.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.globalpost.com/terms-use#cp">Copyright 2013 Canadian Press.</a></p> <p>All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/the-canadian-press/130717/review-pebble-smart-watch-good-sign-wearable-computing" target="_blank">read more</a></p> Horology Personal digital assistants Technology The Canadian Press Wed, 17 Jul 2013 19:01:56 +0000 5886525 at http://www.globalpost.com