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WorldTempus Newsletter
Newsletter - Consolidation in the mid-range

Newsletter Consolidation in the mid-range

Far form being a bargain-basement deal, Citizen’s acquisition of Frédérique Constant last week consolidates one of the industry’s recent success stories within

Last week we presented the most recent changes at the SIHH, which will undoubtedly lead to changes at Baselworld, too. One of the first such potential changes came to light after the surprise announcement that Japan’s Citizen Group had acquired the Frédérique Constant Group. Among the significant investment plans that this acquisition will help to fund is a new stand on the prime horological real estate of Hall 1.0 at Baselworld.

« Ce mois-ci, gagnez une montre Eterna pour dames »

The April export statistics published by the Federation of the Swiss Watchmaking Industry last week confirmed the steep downwards trend in exports to China (-36%) and Hong Kong (-17%). Bad news for brands dependent on this market, but less worrying for those like Roger Dubuis who are looking more towards countries such as the USA, where exports rebounded last month (it was the only country in the top six where exports increased last month).

Against this background, it may seem amazing that TAG Heuer invited its two Chinese brand ambassadors and numerous Chinese guests to watch the Monaco Grand Prix last weekend. But TAG Heuer’s CEO Jean-Claude Biver is known for bucking trends and doing things somewhat differently to others. Find out why later this week.

After TimeCrafters in New York City earlier this month, it is the turn of the West Coast to host some of the finest independent watch brands as the likes of Christophe Claret, Cvstos, De Witt, Kerbedanz and MCT exhibit at the WorldWatchMarket in Last Vegas next weekend. On the other side of the world, Phillips will hold its Hong Kong auction, where Patek Philippe and Rolex are once again set to steal the limelight.

You have just two day left to win a luxury RDI watch winder in our May competition. From Wednesday you have the chance to win an Alpina Seastrong 300 watch from WorldTempus’s newest partner brand.

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Established in 1883, Alpina is recongised as the inventor of the sports watch as we know it today, having presented its Alpina 4 model back in 1938.

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Frédérique Constant has made a successful business out of offering affordable luxury, experiencing growth rates well above the industry average. The owners have a clear mission to make fine...

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MCT watches combine audacious design with an avant-garde technical approach. Using movements developed and manufactured entirely in-house, MCT has a contemporary vision of time and a respect for...

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The Roger Dubuis Manufacture was founded on the desire for independence and watchmaking excellence. With remarkable dynamism, Roger Dubuis quickly ignited the world of Haute Horlogerie and has...

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Over 150 years of watchmaking savoir-faire and technical innovation have made TAG Heuer a global reference in avant-garde sports watches. As it tracked the rise of sports demanding increasingly...

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