Favre-Leuba

Last updated

Favre-Leuba
Company type Subsidiary
IndustryWatch manufacturing
Founded1737;287 years ago (1737)
FoundersAbraham Favre
Frederic Favre
Henry-Louis Favre
Headquarters,
Area served
Worldwide
ProductsLuxury Watches
Parent Silvercity Brands AG
Website favreleuba.com

Favre Leuba is a Swiss luxury wristwatch manufacturer headquartered in Grenchen, Switzerland, and formerly a pioneer in watch design, manufacturing and distribution. The brand was established in 1737, following the registration of Abraham Favre as a watchmaker. Favre Leuba is the second-oldest Swiss watch brand, with Blancpain having been founded two years earlier in 1735. [1]

Contents

History

An archival document states[ clarification needed ] that Abraham Favre (1702 - 1790) was a watchmaker with his own workshop on 13 March 1737. [2] It was his son, also by the name of Abraham Favre, who turned his father's occupation into a business. In 1792, Abraham Favre and his two sons, Frederic and Henry-Louis, founded the company A. Favre & Fils in Le Locle. Abraham Favre had always concentrated on improving the technology of his watches, their properties at different temperatures, and the materials used in watchmaking to make more reliable and accurate movements. [3]

Frederic Favre's son, Henry-Augustus, only 19 at the time, collaborated with Auguste Leuba, a member of a family of watchmakers and merchants, creating the brand name Favre-Leuba in 1815 and broadening the family business to the world market. [4]

Fritz Favre, who married Adele-Fanny Leuba in 1855, expanded the business across Europe, the Americas and Asia.[ clarification needed ] He participated in various national and international exhibitions, such as the Universal Exhibition in London in 1851, the New York Fair in 1853, and also won many accolades for the brand.[ clarification needed ] [2] [ citation needed ]

In 1865, Fritz Favre travelled to India and released his own products there, making the country a very important market for Favre-Leuba and this was the first Swiss company from the industry to have established itself in that country. [2]

Henry A Favre, born in 1908, part of the seventh generation, continued to grow and develop the business by setting up offices and employing representatives across South America, Africa, the Middle-East, Far-East and European markets.[ citation needed ] He, along with his father & other predecessors from the sixth generation, was responsible for the launch of many iconic pieces.[ clarification needed ][ citation needed ]

Around 1925, Favre-Leuba produced a single button chronograph and created the Reverso mechanism in 1940.[ clarification needed ][ citation needed ] The company made innovations, such as the FL101 movement manufactured in 1955.[ clarification needed ][ citation needed ] In 1957, they designed their automatic calibers,[ clarification needed ][ citation needed ] FL103 & 104. The new FL251 caliber, an extra-flat, twin-barrel[ clarification needed ] with a central second hand and a power reserve of 50 hours was launched in 1962.

In 1962, the hand winding wristwatch, Bivouac, which was the first ever mechanical watch with altimeter & aneroid barometer was launched.[ citation needed ] Paul-Emile Victor was one of the first to wear this piece during his Antarctica expedition while Michel Vaucher & Walter Bonatti used it while summiting the Grandes Jorasses in the Alps.[ citation needed ]

In 1964, one of the first ever dive watches, Deep Blue, water resistant up to 200m, was launched, followed by the Bathy in 1968, the first mechanical watch that not only indicated the dive time and duration, but also accurately measured the dive depth.[ citation needed ]

In 1968, Favre-Leuba added an automatic winding to its double-barrel calibers, making it one of the first brands to use this combination in series production.[ citation needed ] The new movements were available with or without calendar function.[ citation needed ]

Florian A. Favre and Eric A. Favre, sons of Henry A. Favre, along with Frederic A. Favre, grandson of Fritz-Augustus Favre, represented the eighth generation. They were the Board of Directors of Favre-Leuba until the management of the company passed out of the hands of the family.[ citation needed ] The challenge brought about by the relatively inexpensive quartz movement introduced in 1969 greatly increased competition for the company's comparatively expensive mechanical watches, forcing the family to sell their company in 1985. [5] Afterwards, the company passed through different hands, [5] [2] such as Benedom SA and LVMH.[ citation needed ] In 2007, Favre-Leuba returned to the watch industry with the launch of three new models: The Mercury Collection.[ citation needed ]

On 16 November 2011, Titan Company, the watch manufacturing company of the Tata Group, acquired the brand Favre-Leuba. [6]

After the sale to the Titan Group, they released new collections of watches in 2016, their Raider and Chief Collections, led by their flagship model, the Raider Harpoon. [2]

At BaselWorld 2017, they launched the Raider Bivouac 9000. The only watch to measure altitude to 9000m mechanically, the Raider Bivouac 9000 was awarded the best watch in the New Star category by WatchStars. [2] [ citation needed ] The 70 member jury comprising watch expert, journalists, collectors chose 35 watches and of this voted for the New Star 2018 winner. [7]

In 2017, Favre-Leuba supported many athletes and explorers such as Arctic Mission led by Pen Hadow. The company also partnered with Satyarup Siddhanta,[ citation needed ] the youngest mountaineer in the world and the first from India to climb both the Seven Summits and Volcanic Seven Summits. [8]

Favre-Leuba has collaborated with professional mountaineers such as Adrian Ballinger, who, along with his team, summited Mount Everest with the Raider Bivouac 9000 on 20 May 2018. [9] [10] With Ballinger's expedition, the Raider Bivouac 9000 set a record as the only mechanical wristwatch equipped with an aneroid barometer to work on Mount Everest.[ citation needed ]

The brand also collaborated with Emily Harrington, who used the same watch in her 2018 expedition.[ citation needed ] Other partners of the brand include Swiss athletes Ralph Weber, Nicolas Hojac, and Ricardo Feller.[ citation needed ]

In Japan, Favre-Leuba ambassador Sayuri Kinoshita has broken the world record of a constant no fin dive while Taisuke Kusunoki represents the brand in the sport of free ride skiing.[ citation needed ]

2018 marks the 50th anniversary of the Bathy launched in 1968. This dive instrument was the first to display dive depth using a central hand. The brand pays homage to this namesake with the Raider Bathy 120 MemoDepth, which measures and displays depth down to 120m, more than double that of the original Bathy.

Related Research Articles

<span class="mw-page-title-main">Watch</span> Personal timepiece

A watch is a portable timepiece intended to be carried or worn by a person. It is designed to keep a consistent movement despite the motions caused by the person's activities. A wristwatch is designed to be worn around the wrist, attached by a watch strap or other type of bracelet, including metal bands, leather straps, or any other kind of bracelet. A pocket watch is designed for a person to carry in a pocket, often attached to a chain.

<span class="mw-page-title-main">Seiko</span> Japanese manufacturing company

Seiko Group Corporation, commonly known as Seiko, is a Japanese maker of watches, clocks, electronic devices, semiconductors, jewelry, and optical products. Founded in 1881 by Kintarō Hattori in Tokyo, Seiko introduced the world's first commercial quartz wristwatch in 1969.

<span class="mw-page-title-main">Patek Philippe</span> Swiss luxury watch and clock manufacturer

Patek Philippe SA is a Swiss luxury watch and clock manufacturer, located in the Canton of Geneva and the Vallée de Joux. Established in 1839, it is named after two of its founders, Antoni Patek and Adrien Philippe. Since 1932, the company has been owned by the Stern family in Switzerland and remains the last family-owned independent watch manufacturer in Geneva. Patek Philippe is one of the oldest watch manufacturers in the world with an uninterrupted watchmaking history since its founding. It designs and manufactures timepieces as well as movements, including some of the most complicated mechanical watches. The company maintains over 400 retail locations globally and over a dozen distribution centers across Asia, Europe, North America, and Oceania. In 2001, it opened the Patek Philippe Museum in Geneva.

<span class="mw-page-title-main">Vacheron Constantin</span> Swiss watch company

Vacheron Constantin SA is a Swiss luxury watch and clock manufacturer founded in 1755. Since 1996, it has been a subsidiary of the Swiss Richemont Group. Vacheron Constantin is one of the oldest watch manufacturers in the world with an uninterrupted watchmaking history since its foundation in 1755. It employs around 1,200 people worldwide as of 2018, most of whom are based in the company's manufacturing plants in the Canton of Geneva and Vallée de Joux in Switzerland.

<span class="mw-page-title-main">Oris</span> Swiss manufacturer of mechanical watches

Oris SA is a Swiss luxury manufacturer of mechanical watches. The company was founded in 1904 and is based in Hölstein in the canton of Basel-Landschaft.

<span class="mw-page-title-main">Zenith (watchmaker)</span> Swiss luxury watchmaker

Zenith SA is a Swiss luxury watchmaker. The company was started in 1865 by Georges Favre-Jacot in Le Locle in the canton of Neuchâtel and is one of the oldest continuously operating watchmakers. Favre-Jacot invented the concept of "in house movements", believing that only through control of the entire watchmaking process could the highest quality be achieved. Zenith was purchased by LVMH in November 1999, becoming one of several brands in its watch and jewelry division, which includes TAG Heuer and Hublot. Benoit de Clerck is president and CEO.

<span class="mw-page-title-main">Tourbillon</span> Addition to the mechanics of a watch escapement

In horology, a tourbillon is an addition to the mechanics of a watch escapement to increase accuracy. Conceived by the British watchmaker and inventor John Arnold, it was developed by his friend the Swiss-French watchmaker Abraham-Louis Breguet and patented by Breguet on 26 June 1801. In a tourbillon the escapement and balance wheel are mounted in a rotating cage, with the goal of eliminating errors of poise in the balance giving a uniform weight.

<span class="mw-page-title-main">Titan Company</span> Indian multinational watch manufacturing company

Titan Company Limited is an Indian company that mainly manufactures fashion accessories such as jewellery, watches and eyewear. Part of the Tata Group and started as a joint venture with TIDCO, the company has its corporate headquarters in Electronic City, Bangalore, and registered office in Hosur, Tamil Nadu.

Ulysse NardinSA is a Swiss luxury watchmaking company founded in 1846 in Le Locle, Switzerland.

<span class="mw-page-title-main">Citizen Watch</span> Core company of a Japanese global corporate group based in Tokyo, Japan

Citizen Watch Co., Ltd. is an electronics company primarily known for its watches and is the core company of a Japanese global corporate group based in Nishitokyo, Tokyo, Japan. In addition to Citizen brand watches, it is the parent of American watch company Bulova, and is also known for manufacturing small electronic devices such as calculators.

<span class="mw-page-title-main">Audemars Piguet</span> Swiss luxury watchmaker

Audemars Piguet Holding SA is a Swiss manufacturer of ultra luxury watches, headquartered in Le Brassus, Switzerland. The company was founded by Jules Louis Audemars and Edward Auguste Piguet in the Vallée de Joux in 1875, acquiring the name Audemars Piguet & Cie in 1881. The company has been family-owned since its founding.

<span class="mw-page-title-main">Doxa S.A.</span> Swiss watch manufacturer

Montres DOXA S.A. is an independent Swiss watch manufacturer founded in 1889. Doxa is best known for its dive watches. The name Doxa (Δόξα) is the Greek word for "belief" or "opinion", or in Christian contexts, "glory".

<span class="mw-page-title-main">History of watches</span>

The history of watches began in 16th-century Europe, where watches evolved from portable spring-driven clocks, which first appeared in the 15th century.

Blancpain SA is a Swiss luxury watch manufacturer, headquartered in Paudex/Le Brassus, Switzerland. It designs, manufactures, distributes, and sells prestige and luxury mechanical watches. Founded by Jehan-Jacques Blancpain in Villeret, Switzerland in 1735, Blancpain is the oldest registered watch brand in the world. Blancpain has been a subsidiary of the Swiss Swatch Group since 1992, and is regarded as a top-tier watch brand.

The "Watch Valley" covers all the Swiss Jura Arc, from Geneva to Basel, and is the primary location of the Swiss watch-making industry.

<span class="mw-page-title-main">Quartz crisis</span> 1970s–80s watchmaking industry upheaval

The quartz crisis (Swiss) or quartz revolution was the advancement in the watchmaking industry caused by the advent of quartz watches in the 1970s and early 1980s, that largely replaced mechanical watches around the world. It caused a significant decline of the Swiss watchmaking industry, which chose to remain focused on traditional mechanical watches, while the majority of the world's watch production shifted to Japanese companies such as Seiko, Citizen and Casio which embraced the new electronic technology. The strategy employed by Swiss makers was to call this revolution a 'crisis' thereby downgrading the advancement from Japanese brands.

<span class="mw-page-title-main">Bovet Fleurier</span> Watch company

Bovet Fleurier SA is a Swiss brand of luxury watchmakers chartered 1 May 1822 in London, UK by Édouard Bovet. It is most noted for its pocket watches manufactured for the Chinese market in the 19th century. Today it produces high-end artistic watches with a style that references its history. The company is known for its high-quality dials, engraving and its seven-day tourbillon. The original Bovet watches were also among the first to emphasize the beauty of their movements with skeletonized views and highly decorative movements. Bovet watches were also among the first to include a second hand while the company has a tradition of employing women artisans, which is rare for traditional watch making companies in Europe. Pascal Raffy is the current owner.

A. Favre & Fils is a Swiss luxury watch manufacturer located in Carouge, a municipality in the Canton of Geneva, Switzerland. Their timepieces are made from 18k gold.

Hodinkee, stylized as HODINKEE, is a New York City-based watch website, known as an influential editorial and e-commerce site for new and vintage wristwatches. Founded in 2008, the name comes from the Czech and Slovak word for wristwatch, “hodinky”.

Raymond Weil Genève is a Swiss luxury watchmaker founded in 1976 in Geneva by Raymond Weil and Simone Bédat. Simone Bedat and her son left the company in 1996 to form Bedat & Co. Raymond Weil led the company until his retirement in 2002; he died in 2014. The company is now managed by Weil's grandson, Elie Bernheim.

References

  1. Mazzardo, Alessandro. "The history of Blancpain, the oldest watch brand" . Retrieved 5 May 2024.
  2. 1 2 3 4 5 6 "FAVRE LEUBA HISTORY". Favre Leuba.
  3. "Favre-Leuba: A Brief History". 4 May 2019.
  4. D'Souza, Ornella (19 July 2023). "A History Of Favre Leuba: The Growth And Resilience Of The World's Second Oldest Watchmaker". Ethos Watches.
  5. 1 2 Bronkhorst, Gandor (4 July 2020). "What the World's Second Oldest Watch Company, Favre-Leuba, Can Teach us About Crises".
  6. "Titan acquires Swiss brand Favre Leuba". Hindu Businessline. 16 November 2011. Archived from the original on 25 August 2022. Retrieved 25 August 2022.
  7. "Winners - Watchstars". Watchstars. Archived from the original on 13 April 2018. Retrieved 13 April 2018.
  8. "Guinness World Record approves Satyarup's claim to become the youngest in the world to climb both Seven Summits and Volcanic Seven Summits". Youngest person to climb the Seven Summits and the Seven Volcanic Summits.
  9. "Favre-Leuba Raider Bivouac 9000 Watch". favre-leuba.com. Archived from the original on 2 July 2018. Retrieved 2 July 2018.
  10. "Alpenglow Expeditions - Mountain Guides based in Lake Tahoe". Alpenglow. Archived from the original on 2 July 2018. Retrieved 2 July 2018.