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Patek Philippe

Patek Philippe




Patek Philippe & Co. is a luxury Swiss watch manufacturer founded in 1851, located in Geneva and the Vallée de Joux. It designs and manufactures timepieces and movements, including some of the most complicated mechanical watches. It is considered by many experts and aficionados to be one of the most prestigious watch manufacturers.^[7] The company maintains over 400 retail locations globally and over a dozen distribution centers across Europe, Asia and North America.

History

Along with his fellow Czech-born Polish partner Franciszek Czapek, Polish watchmaker Antoni Patek formed Patek, Czapek & Cie in 1839 in Geneva and started making pocket watches.^[10] They separated in 1844, and in 1845 Patek joined with the Frenchwatchmaker Adrien Philippe, inventor of the keyless winding mechanism. Patek Philippe & Co was founded in 1851. Patek Philippe popularized the perpetual calendar, split-seconds hand, chronograph, and minute repeater in watches.

In 1935, the manufacturer was brought to American markets by New York-based Henri Stern Watch Agency,^[11] where it was sold as a sister brand alongside Universal Genève. Alan Banbery, who previously designed Universal's "Compax" movements and worked as a horologist for London's Garrard & Co, would take on the position of director of sales in 1965 and later authored official reference books on vintage Patek Philippe pocketwatches and chronographs.

In 1976, the Swiss watchmaker introduced the Nautilus collection after deciding that it was time to also produce an exclusive sport watch with finishes of the highest quality. "The new model had a key role for Patek's overall marketing strategy as it had to refresh the brand image while perpetuating tradition. The target was represented by dynamic business managers of the new generations".^[12]

Like other Swiss manufacturers, the company produces mostly mechanical movements of the automatic and manual wind variety, but has produced quartz watches in the past and currently does. The company even produced a prototype for a mechanical digital wristwatch, Ref. 3414 in 1954. Patek were notable for being one of 20 Swiss watch companies to develop the first Swiss production watch the beta 21 used by other manufacturers in watches such as the Omega Electroquartz watches.

Patek Philippe manufactures its own watch components.^[6] It was also the first Brand that used the Chronifer M-15 X steel, a new material specially designed for the watch making industry by L. Klein SA.

Patek Philippe timepieces have recorded high prices in auctions worldwide. A small part of the demand for auction pieces is driven by Patek Philippe themselves, as they are purchasing in the auction market to add to the collection of the Patek Philippe Museum in Geneva.

In 2010, the company produced 40,000 watches.^[16] According to Thierry Stern, in 2012, they produced 50,000.

The company has been owned by the Stern family since 1932, and, as of the late 2000s, led by Philippe Stern and his son Thierry Stern, who took over the reins from his father in 2010.

Vacheron Constantin

Vacheron Constantin

Vacheron Constantin  is a luxury Swiss manufacture of prestige watches and a brand of the Richemont group. It employs around 1,100 people worldwide, most of whom are based in the manufacturing plants in Genevaand Vallée de Joux. It is an active member of the Federation of the Swiss Watch Industry FH.

Past owners of Vacheron Constantin watches include Napoleon Bonaparte, Pope Pius XI, Edward VIII, and Harry Truman.

histrory

The company was founded in 1755 by Jean-Marc Vacheron, an independent watchmaker in Geneva, Switzerland.^[1][2] In 1770, his company created the first complication, and nine years later he designed the first engine-turned dials.

The son of Jean-Marc Vacheron, Abraham, took over the family business in 1785.^[2] During this period, the company was able to survive the French Revolution (1789–1799). Later, in 1810, Jacques-Barthélemy Vacheron, the grandson of the founder, became the head of the company. He was the first to initiate the company's exports to France and Italy. Later, Jacques-Barthélemy realized that he was not able to handle his business alone. In order to travel overseas and sell the company's products, he needed a partner. Consequently, in 1819 François Constantin became an associate of Vacheron. The company continued its activity under the name Vacheron & Constantin. François Constantin traveled around the world and marketed watches. Thus he helped the company to open new markets. The main market was North America. The company's motto (which remains today), "Do better if possible and that is always possible," first appeared in Constantin's letter to Jacques-Barthélémy. The letter was dated 5 July 1819.

In 1833, Vacheron and Constantin hired Georges-Auguste Leschot. His job was to supervise the manufacturing operations. Leschot was an inventor and his creations turned out to be successful for the company. His inventions had a great impact on the watchmaking industry in general. He was the first person to standardize watch movements into Calibers. In 1844, Georges-Auguste Leschot was awarded with a gold medal. The Arts Society of Geneva highly appreciated his pantographic device, a device that was able to mechanically engrave small watch parts and dials. Later, after Constantin's death in 1854, and Vacheron's death in 1863, the company was taken over by a series of heirs. At one point, the company was headed by two women.

In 1862, Vacheron Constantin became a member of the Association for Research into non-magnetic materials. In 1885, the company created the first nonmagnetic timepiecewhich included a complete lever assortment made of materials able to withstand magnetic fields. Its construction included a balance wheel, balance spring and lever shaft that were made of palladium, the lever arms—in bronze and the escape wheel was in gold. In 1877, "Vacheron & Constantin, Fabricants, Geneve" became the official name of the company. In 1880, Vacheron & Constantin started using the Maltese cross as its symbol, which it still does as of 2016. This was inspired by a component of the barrel, which had a cross-shape and was used for limiting the tension within the mainspring.

In 1887, Vacheron & Constantin was reorganized into a stock company. For the remarkable achievements of the company, it was awarded a gold medal at the Swiss National Exhibition in Geneva in 1887.^{[citation needed]} Fabergé's 1887 Third Imperial Egg contained a Vacheron Constantin Lady's watch as the surprise.

The first boutique in Geneva was opened by Vacheron Constantin in 1906. This store can be seen today on Quai de l'Ile. During the Great Depression Vacheron & Constantin found itself in a difficult situation. Charles Constantin became the head of the company in 1936, the first time since the 1850s that a representative of the Constantin family was president of Vacheron & Constantin.

In 1979 Vacheron Constantin made Kallista, one of the most expensive wristwatches. Its initial price was $5 million, but today the watch is valued at about $11 million. Kallista had 118 emerald-cut diamonds. It took about 6,000 hours for the watch masters to make this watch and about 20 months for jewelers to enrich the watch.

Audemars Piguet

Audemars Piguet

Audemars Piguet (French)pronunciation is a Swiss manufacturer of luxury mechanical watches. The company was founded by Jules Louis Audemars and Edward Auguste Piguet in the Vallée de Joux in 1875. The company has been family owned since its founding. One of their first achievements was creating the first repeater wristwatch in 1892. They are known mostly for the Royal Oak but make several other notable models. The current lineup of models includes the Royal Oak, Royal Oak concept, Royal Oak Offshore, Millenary, Jules Audemars, Haute Joaillerie, and Classique

History

Founding

Jules Louis Audemars began a partnership with Edward Auguste Piguet in 1875. The company was started in the Vallée de Joux, Switzerland. Both Audemars, and Piguet were previously watchmakers. Audemars created complex watch movements for other manufacturers to use. Piguet specialized in the regulation of watch movements. Once partnered, they split the responsibilities while operating their own company. Audemars was in charge of production and technical aspects while Piguet focused on sales and management.

Blancpain Watches

  Blancpain Watches

Watches 

According to their commercial slogans, the company has never produced quartz watches in the past and has stated in its advertisements that it never will, nor have they ever produced watches with digital displays. In comparison to a large watchmaker like Rolex, which makes about 2,000 watches a day, Blancpain produces fewer than thirty watches per day. Each watch is made by a single watchmaker.

Blancpain is also famous for being the creator of one of the most complicated mechanical watches ever made, the Blancpain 1735, which is a true grand complication(Tourbillon, minute repeater, perpetual calendar, split chrono), a limited edition of 30 pieces only, production of just one piece per year.

Blancpain is also known for its Fifty-Fathoms watch, selected by the United States Navy and worn by Jacques Cousteau in his award-winning film. In 1984, Blancpain launched the world's smallest automatic movement, followed in 1989 by the launch of the world's thinnest movement.

history

Jehan-Jacques Blancpain started making watches in 1735 in Villeret, Switzerland. He founded the Blancpain brand, setting up his first workshop on the upper floor of his house at Villeret, in the present-day Bernese Jura.

In 1815, Frédéric-Louis Blancpain, the great-grandson of Jehan-Jacques, who was head of the family business at the time, modernized production methods and transformed the traditional craft workshop into an industrial undertaking capable of serial production. By replacing the crown-wheel mechanism with a cylinder escapement, Frédéric-Louis introduced a major innovation into the watchmaking world. In the second half of the 19th century, as industrialization took hold, the prices of watchmaking products were falling and many workshops were fated to close down. To face up to American competition, in 1865 Blancpain built a two-storey factory by the River Suze and made use of water power to supply the electricity needed for its production processes. By modernizing its methods and concentrating on top of the line products, Blancpain became one of the few watchmaking firms to survive in Villeret. In 1926, the Manufacture entered into a partnership with John Harwood and started marketing the first automatic wristwatch.

The year 1932 saw the end of the family's management of the firm, which had lasted for over two centuries. On the death of Frédéric-Emile Blancpain, his only daughter, Berthe-Nellie, did not wish to go into watchmaking. The following year, the two members of the staff who had been closest to Frédéric-Emile, Betty Fiechter and André Léal, bought the business. As there was no longer any member of the Blancpain family in control of the firm, the two associates were obliged by law as it stood at the time to change the company name. The firm would be called "Rayville S.A., succ. de Blancpain", "Rayville" being a phonetic anagram of Villeret. Despite this change of name, the identity of the Manufacture was perpetuated, and the characteristics of the brand were preserved. Betty Fiechter remained director of Blancpain until 1950, when her nephew, Jean-Jacques Fiechter, joined her. At the end of the 1950s, Rayville-Blancpain was producing more than 100,000 watches per year. To make it possible to meet the continually growing demand, the firm became part of the SSIH (Swiss company for the watch industry), joining such brands as Omega, Tissot and Lemania. In 1971, production topped 220,000 watches. During the quartz crisis of the 1970s, SSIH was forced to reduce its output by half and to sell off part of its assets.

In 1983, SSIH sold the Rayville-Blancpain name to Jacques Piguet, son of Frédéric Piguet and director of the company of that name, and Jean-Claude Biver, at that time employed by the SSIH. The company set up production at Le Brassus, in the Joux Valley, and from then on traded under the name of Blancpain SA.

In 1992, the SSIH purchased Blancpain back for 60 million Swiss Francs. At that time, Blancpain had annual sales of 50 million Swiss Francs. Jean-Claude Biver remained as CEO of Blancpain until 2003. SSIH became known as the Swatch Group, and in July 2010, Frédéric Piguet SA, also owned by Swatch Group, was merged into the firm Blancpain SA. Marc Hayek, the grandson of the Swatch Group's founder and chairman, Nicolas Hayek, is the current leader of Blancpain and has run the company since 2002.^[1]