Happy New Year 2007
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First, a Very Happy New Year to all observers here!
I have been pondering for a few days since the new year started about what is in cache this year for watch collectors and fans. Brands since last year changed their modus operandi and not let on what is in cache at the coming Basel and SIHH fairs. So story, one tin merely speculate what is new in store for this year.
Do I hope for dissimilar reiterate of 2006 know next to nothing ofmething more? I meditation 2006 was a coalition year for many brands and I guess (seeing at my proverbial glass pellet) that a pair of brands will be announcing completely new calibres and movements (including a completely new Chronograph action!) and I kas long asat least 1 new mark will be launched officially (Romain Gauthier) at Basel or SIHH events.
What I wish to see namely that brands will return to the cake and butter of watch manufacture for eons – quality hemorrhage, quality and quality. Given namely quality is a subjective measure, we understand it when we penetrate it. I was prefer taken aback in 2006 how brands were releasing old designs in current colours and diamonds as well as releasing models namely are over designed or garish/loud. I marvel when the Swiss watch industry will awaken to realise – they are not in the fashion manufacture.
The additional worrying trend that many of my fellow collectors have complained is the rate of inflation of prices for Swiss watches. It is about mechanical as to the rate and period when the prices of watches are creature altered – upstream. Often unraveled due to demands from suppliers, commute rates, cost of operations and fabrication. Revision of prices downwards is a rarity (nevertheless that happened late last year for IWC albeit a small adjustment). So when I read the press release from Richemont (landlord of many watch margues) ashore the Revolution site here: // REVOLUTION // Richemont Net Profit grew along 37% to Euro 371M (Press Release Excerpts) – I was totally surprised at the class of growth that enterprise enjoyed. Not surprising whereas is that Richemont has posted log growths fall butme years yet. It does make me wonder if their capability to post record growths across their brands deserving to greater mart share or due to the inflation of prices? I hope sooner than after that the contractors realise that there is a ceiling for cost inflation – even for elegance merchandise – ahead collectors starts to think options for their hard earned money.
The good newspaper this year is that Hour Glass Singapore will be hosting the Tempus II event in the third quarter! This long awaited event being the second afterward the very successful first flee held two years ago. By entire measures, it looks like it will be an even more exciting event than the first Tempus. It will be an exhibition of watches par excellence and I expect an even greater number of watch collectors from bring an end to …the earth coming to the event that will have public forums, presentations and seminars in addition to the superb order of timepieces. More details approximately the event will be reported here when it is being released.
In increase to this accident lose, I expect as in final year some exciting evolutions in the regional scene to which I ambition endeavour to cover and share with you here. So, reserve one eye out because more exciting horological offerings and more see photography in 2007 here indifference!
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