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Top 5 Watches by Brand Value
Top 5 Watches by Brand Value
Top 5 Watches by Brand Value
About company:-
The company is still owned by a private trust and shares are not
traded on any stock exchange. In December 2008 the abrupt departure of Chief
Executive Patrick Heiniger, for “personal reasons”, was followed by a denial by
the company that it had lost of approx $900 million, invested with Bernard
Madoff.
Innovations:-
The first wrist watches with an automatically changing date on the dial
Rolex Date adjust, 1945.
The first wristwatch with an automatically changing day and date on the dial
Rolex Day-Date, 1950.
The first wristwatch case waterproof to 100 m (330 ft) Rolex Oyster
Perpetual Submariner, 1953.
The first wristwatch to show two time zones at once Rolex GMT Master,
1954.
Established In:- 1884, By Léon Breitling .
About Company:-
Omega SA is a Swiss luxury watchmaker based on
Switzerland. Omega is one of the most known and recognized watches in the
world. Omega watch was the choice of NASA and the first watch on the
Moon in 1969. “Omega was the official Time Keeping device of the 2010
Vancouver Winter Olympics”. Omega become Tread mark in James
Bond films since 1995.
The forerunner of Omega was founded at La
Chaux-de-Fonds, Switzerland in 1848 by 23-year-old Louis Brandt. He sold
his watches from Italy to Scandinavia by way of England, his chief market.
After Louis Brandt's death in 1879, his two sons Louis-Paul and César,
troubled by irregular deliveries of questionable quality, abandoned the
unsatisfactory assembly workshop system in favour of in-house
manufacturing and total production control.
Due to the greater supply of
manpower, communications and energy in Biel (it is city which based in
Switzerland), the enterprise moved into a small factory in January 1880, then
bought the entire building in December. Two years later the company moved
into a converted spinning-factory in the Gurzelen area of Biel/Bienne, where
its headquarters are still situated today. Their first series-produced
calibres, Labrador and Gurzelen, as well as the famous Omega calibre
of 1894, would ensure the brand's marketing success.
About company:-
TAG Heueris a Swiss luxury watchmaker
known for its sports watches and chronographs (watch with both
timekeeping and stopwatch functions). In addition to watches Tag
Heuer produces sunglasses and cell phones. 1985, Heuer joins
"TAG" group and the famous watch name and logo are changed
from HEUER to TAG-HEUER. Since then the company has craftily
built one of the most recognized watch names in the world. Tag-
Heuer becomes a very popular and fashionable status symbol.
In 1887 Heuer patented an 'oscillating pinion' still
used by major watchmakers for mechanical chronographs. In 1911,
Heuer received a patent for the "Time of Trip", the first dashboard
chronograph. Designed for use in automobiles and aircraft, two large
hands mounted from the center pinion indicate the time of day, as on a
traditional clock.
About Company:-
The Swatch Group Ltd. is a Swiss
company and the biggest watch manufacturer in the world. It was
formed in 1983 through the merging of the two Swiss watch
manufacturers ASUAG and SSIH, and took its present name in 1998
(formerly SMH Swiss Corporation for Microelectronics and Watch
making Industries Ltd). The company is led by G. Nicolas (Nick)
Hayek, Jr., son of the late co-founder and chairman Nicolas Hayek.
In 2007, gross sales
were 5.94 billion. The Swatch Group has around 23,600
employees. In the mid-seventies, the Swiss watch industry was in the
midst of its worst crisis ever. Technologically speaking, the Japanese
competition had been outclassed in 1979 with the launch of the
"Delirium," the world´s thinnest wristwatch with a limited number of
components. But the event that marked the upturn in the industry´s
fortunes was the founding of SMH, the Swiss Corporation for
Microelectronics and Watch making Industries. And its answer to the
crisis was Swatch-a slim plastic watch with only 51 components
(instead of the usual 91 parts or more) that combined top quality with
a highly affordable price. It first went on sale in 1983. Since this
time, it has gone on to become the most successful wristwatch of
all time, and The Swatch Group, the parent company, is the largest
and most dynamic watch company in the world.
Outstanding technical
capabilities and advances in the fields of science and technology were
already proven by Swatch during its role as the Official Timekeeper in
several Olympic Games and Ski and Snowboard World Cup
competitions. In light of the economic state of the Swiss watch
industry at the time of the introduction of the Swatch, its directors
understood that it was not enough to offer a good watch. The watches
needed to be attractive, cheeky and good fun, daring in design and
aggressively priced, with high quality and innovative flair. The
Swatch watches were high-tech and came in a variety of fashion
and art design. The first
meaning of the name "Swatch" was "Second Watch" -- because the
new watch was introduced with a new concept of watches as casual,
fun, and relatively disposable accessories. However Franz Sprecher
Who is consultant of marketing of Swiss company, conceived it as the
contraction of Swiss (Made) Watch: "S'Watch", soon became
"Swatch" as it is today perceived worldwide.