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Month: December 2020

Mingshi Watch And Indian Motorcycle Reached A Partnership

26. December 2020
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Baume & Mercier and Indian Motorcycle have signed a cooperation agreement. The two parties will work together to create and launch limited edition watches, demonstrating the core values ​​and passion of the two companies. Indian Motorcycle is the oldest motorcycle company in the United States and is closely linked to classic races, speed records and iconic motorcycles.

   The first limited-edition timepieces will be officially released later this year. The new watches carry unique decoration and will surely win the favor of watch and motorcycle lovers. The partnership was announced in the historic Bolivar Salt Flats. It was here that Burt Munro drove the Indian Scout Streamliner 50 motorcycle 50 years ago, setting a new land speed record.
   Grant Bester, Vice President of Indian Motorcycle EMEA, commented, ‘Best Watch and Indian Motorcycle share a common core value and are committed to providing iconic products that combine superb craftsmanship and cutting-edge technology. We are pleased to meet one of the world’s greatest watchmakers Establish a partnership and believe that this cooperation will provide both parties with greater visibility and visibility in new areas. ‘
   Alain Zimmermann, CEO of Baume & Mercier, added: ‘It is a great honour to work with Indian Motorcycle. We are pursuing perfection, quality and craftsmanship and transforming them into logo design and modern aesthetics. Both brands have strong common values ​​and outstanding Spiritual philosophy. ‘

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The Swatch Group’s Financial Report For The First Half Of 2016 Net Profit Drops 52.0% Yoy

24. December 2020
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On July 21, 2016, the Swatch Group released its financial report for the first half of 2016.

· Based on current exchange rates, the Swatch Group’s net sales in the first half of 2016 reached 3.716 billion Swiss francs, a year-on-year decrease of 11.4%; at constant exchange rates, net sales decreased by 12.5% ​​year-on-year to 3.666 billion Swiss francs.
· Based on current exchange rates, the Swatch Group’s watch and jewelry division (including manufacturing) saw a net sales decline of 11.3%.
· Double-digit growth in retail sales in Mainland China and Southeast Asia.
Hong Kong: The decline in retail sales has bottomed out, and wholesale sales are still in trouble.
Operating profit was 353 million Swiss francs (9.5% of net sales), a 53.6% decrease from the same period last year. The main reasons are additional exchange rate changes, lower production utilization rates, and the Group’s long-term strategy of maintaining investment in hiring employees, innovative products and marketing.
· Watch and jewelry division (including manufacturing) operating profit accounted for 11.2% of net sales.
Net profit (263 million Swiss francs) decreased by 52.0% compared to last year (548 million Swiss francs). Net profit margin was 7.1%.
· Thanks to the verticalization of local production bases, Swatch Group has obvious advantages in achieving “Made in Switzerland” (production costs in Switzerland must reach 60%) in 2017, and in order to meet future demand for Swiss-made products Inventories have also increased accordingly.
· Harry Winston developed strongly in the first half of the year, setting a record in June.
· The Chinese mainland market has improved significantly. Compared with the same period last year, the development trend in the first three weeks of July was positive, especially luxury brands and famous brands such as Breguet, Blancpain, Glashütte Original, Omega and Longines.
· Favorable changes in the exchange rate of the British pound have enabled the British Swatch Group retail stores to make a strong start in July. There are clear signs of recovery in tourism sales in some parts of Europe, mainly Spain and Italy. In addition, Omega’s participation in the Rio de Janeiro Olympics will also generate further positive incentives. Overall, the Group is expected to usher in a stronger second half of the year.
Outlook for the second half of 2016
   The Swatch Group expects that in the second half of 2016, it will achieve significant growth (in local currency terms) compared to the weakness in the second half of 2015, so the results throughout the year will be closer to or even comparable to last year. The Swatch Group has a unique brand portfolio that spans the world’s retail and distribution networks. Looking forward to development prospects, all regions and price segments are still improving. In the medium and long term, opportunities far outweigh risks.
   Compared with the same period last year, the Chinese mainland market achieved good growth in the first three weeks of July, especially luxury brands and famous brands such as Breguet, Blancpain, Glashütte Original, Omega and Longines. The development of the Southeast Asian market is also very impressive. In addition, parts of Europe, especially Italy, Spain and the UK, have also achieved positive development. The French and Belgian markets will remain in trouble. In the coming months, the normalization of the tourism industry will become a decisive factor for the further positive development of parts of Europe and the Chinese market. On the other hand, third-party distributors in Hong Kong are still upset, which will lead to further delays in reordering. As for the North American and Japanese markets, growth in local currencies is achievable.
   The Rio de Janeiro Olympics in Brazil will increase the popularity and influence of the Omega brand worldwide. Omega is not only the official timekeeper of the Rio Olympics, but also launched nine special edition watches for this purpose. In the second half of 2016, Omega will also officially launch the new Seahorse series Ocean Universe ‘Deep Ocean Black’ watch and the Speedmaster series Moon Phase Zhizhen Observatory watch.
   The Tissot brand is currently participating in the Tour de France, serving as the official timekeeper of the race, and has launched a new T-Race Tour de France special watch. By establishing a partnership with the NBA and WNBA, Tissot will gain greater international visibility. In particular, the brand has also released a new NBA series watch and Ballade Silicium Chronometer watch, which is also the first in the industry to be equipped with a silicon balance spring. Watches under 1,000 francs. Longines will further expand its position in the Asian market with its new Riders and Rondo watches. Since July 7, Swatch has begun to release the Touch Zero Two watch which integrates fun, fitness and timing functions; by September, the new Sistem 51 Irony watch will be officially launched.
   Long-term marketing investment, huge retail network, and abundant new products in various price segments will give strong support to all brand sales. There is no structural change in the production base, and the enthusiasm of all employees has also enabled the Swatch Group to quickly meet growing demand. The highly vertically integrated manufacturing chain and production base in Switzerland make the new rules of adding the “Made in Switzerland” label (production costs in Switzerland reach 60%) a unique home advantage for the Swatch Group.

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A Model Of Super Strong Anti-magnetic Boer Engineer Upgrade Series Super Strong Anti-magnetic S Model Stunning Basel

11. December 2020
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At the Baselworld 2015 watch exhibition, until now, the engineer’s upgraded series of super anti-magnetic S models appeared at the Baselpol booth, bringing us a unique experience. Bol watch uses a nickel metal (Mumetal) material to develop its latest antimagnetic protection device. Let’s follow in the footsteps of the Watch House to explore the beauty of the Bohr NM3022C-N1CJ-BK watch.

 Nickel alloy is an alloy of nickel, iron, copper, and molybdenum. It has a very high magnetic permeability, so it can attract and shift static or low-frequency magnetic field lines. Compared to other The demagnetization method is effective. Nickel alloys provide magnetic watches with a magnetic resistance of 80,000 A / m.

 Engineers upgraded the series of super magnetic-proof S models equipped with this anti-magnetic device. Moreover, Bohr watch not only uses the traditional anti-magnetic protective case that locks the watch movement and the bottom case of the watch to be sealed, but also develops an ingenious aperture device that allows the wearer to easily rotate the outer ring by turning as required , To open or close the aperture of the bottom cover.

 When the aperture is completely closed, the antimagnetic protective cover made of nickel alloy can be locked. The aperture is also made of nickel alloy and is only 0.06 mm thick.

 The Engineer II Magneto S model has a strong and striking appearance with a stainless steel case with a diameter of 42 mm and a thickness of 12.5 mm.

 The raised edges on the watch identify the minute scale and separate the rest of the dial with the brand’s green circle.

 In addition, the second hand also uses the brand watch green.
Technical characteristics
Movement: BALL RR1103-CSL automatic mechanical movement, certified by the Swiss Astronomical Observatory (COSC) and patented ‘SpringLOCK®’ anti-vibration system

Functions: 15 self-illuminating miniature gas lamps inlaid on the hour, minute and second hands and on the surface for easy time reading at night; hours, minutes, seconds and date display
Shock resistance: Pass 5,000Gs impact test
Antimagnetic performance: Patent registered A-PROOF® antimagnetic device, antimagnetic performance up to 80,000A / m
Water resistance: 100 meters / 330 feet
Case: stainless steel case, 42 mm diameter, 12.9 mm thickness, rotating outer ring to control the aperture of the bottom cover, anti-glare sapphire crystal glass, sapphire crystal glass see-through bottom cover, locked crown
Strap: Cordura high-strength nylon strap with pin buckle
Dial: Black

   The founder of the brand, Mr. Ball, as the Attorney General of the American Railroad Corporation, has set strict standards for the timing of railway operations. It is strictly prohibited to use timepieces with an error of more than 30 seconds. Therefore, Ball has also invested a lot of energy in the field of polar adventure, making the watch more unique style and accurate timing. Facing the harsh environment of high strength, you can also easily and freely face it.

For more details, please click Watch House 2015 Basel Live Show Feature:

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