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.
A grey market or dark market is the trade of a commodity through distribution channels that are not authorised by the original manufacturer or trade mark proprietor. Grey market products are products traded outside the authorised manufacturer's channel.
Rolex SA is a Swiss watch brand and manufacturer based in Geneva, Switzerland. Founded in 1905 as Wilsdorf and Davis by German businessman Hans Wilsdorf and his brother-in-law Alfred Davis in London, the company registered Rolex as the brand name of its watches in 1908 and became Rolex Watch Co. Ltd. in 1915. After World War I, the company moved its base of operations to Geneva because of the unfavorable economy in the United Kingdom. In 1920, Hans Wilsdorf registered Montres Rolex SA in Geneva as the new company name ; it later became Rolex SA. Since 1960, the company has been owned by the Hans Wilsdorf Foundation, a private family trust.
Omega SA is a Swiss luxury watchmaker based in Biel/Bienne, Switzerland. Founded by Louis Brandt in La Chaux-de-Fonds in 1848, the company formerly operated as La Generale Watch Co. until incorporating the name Omega in 1903, becoming Louis Brandt et Frère-Omega Watch & Co. In 1984, the company officially changed its name to Omega SA and opened its museum in Biel/Bienne to the public. Omega is a subsidiary of The Swatch Group.
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.
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 the company's current president and CEO.
Compagnie des Montres Longines, Francillon S.A., or simply Longines, is a Swiss luxury watchmaker based in Saint-Imier, Switzerland. Founded by Auguste Agassiz in 1832, the company has been a subsidiary of the Swiss Swatch Group and its predecessors since 1983. Its winged hourglass logo, registered in 1889, is the oldest unchanged active trademark registered with WIPO.
Franck Muller is a Swiss luxury watch manufacturer named after its founder. The company's estimated total sales were €290 million in watches with an average unit price of €38,000. Franck Muller's watches are worn by various celebrities, among them Arnold Schwarzenegger, Elton John, Cristiano Ronaldo, David Beckham, Kanye West, Conor McGregor, Floyd Mayweather, Paris Hilton, and Chris Brown.
A counterfeit watch is an unauthorised copy of an authentic watch. High-end luxury watches such as Rolex, Patek Philippe and Richard Mille are frequently counterfeited and sold on city streets and online. With technological advancements, many non-luxury and inexpensive quartz watches are also commonly counterfeited.
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.
Gérald Charles Genta was a Swiss watchmaker and artist. He is known for his eponymous lines of timepieces, such as Gerald Genta and Gerald Charles, as well as his design work with other high-end watch manufacturers, including IWC, Omega, Universal Genève, Patek Philippe and Audemars Piguet. Genta created the Patek Phillipe Nautilus and the Audemars Piguet Royal Oak, to date the best-selling models of both houses. He is regarded as one of the most influential people in the history of horology.
Antiquorum is an auctioneer of modern and vintage timepieces. Established in Geneva in 1974, Antiquorum was the first auction house to auction fine watches over the Internet in the 1990s.
Concord Watch Company is a Swiss luxury goods company that is part of the Movado group, which produces and distributes Movado, Ebel, Coach, and Hugo Boss-branded watches. Founded in 1908, Concord was purchased in 1970 by the North American Watch Company, which also distributed the Piaget and Corum lines of watches. From the late 1970s to the late 1980s, Concord produced luxury quartz watches. Flagship quartz models such as the Concord Centurion and Concord Delirium ranged from $2,000 to $20,000, surpassing the price of base automatic Rolex, Cartier and Omega wristwatches. By the 1990s, Concord watches fell out of style and grew obsolete amidst the rebranding of the company. While the brand still exists today, it never regained its market position nor visibility that it once had.
The Hour Glass Limited is a Singapore-based specialty luxury watch retail group. The Hour Glass' has multi-brand and standalone boutiques in Singapore, Kuala Lumpur, Bangkok, Phuket, Ho Chi Minh, Hanoi, Hong Kong, Tokyo, Sydney, Melbourne and Brisbane. It works as the official retailer for a number of luxury watch brands.
Eleven James was an online subscription rental service for luxury watches. It was founded in 2013 in New York City and offers both men's and women's timepieces.
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”.
A Boule de Genève is a type of pendant watch in the shape of a small ball or sphere originating from Geneva, (Switzerland). The dial is usually at the bottom of the sphere facing the floor, at the opposite side of the jump ring on the upper part of the sphere, although there are examples with a front view face. Usually, they were arabic numeral dials, sometimes Roman, and from the 1950s different types of hour markers were also used. This objet de vertu frequently came with a matching brooch, chain or chatelaine.
Cortina Watch is a Singapore-based luxury watch retailer founded in 1972. It is a subsidiary of Cortina Holdings Pte Ltd, a publicly traded company listed on the Singapore Exchange. The company specialises in the distribution and retail of high-end timepieces and offers a range of watch brands, including Rolex, Patek Philippe, Cartier, Chopard, Franck Muller, H. Moser & Cie, Parmigiani, Tudor and more.
European Watch Company (EWC) is an American luxury watch retailer based in Boston, Massachusetts.
