Patek Philippe / Tiffany & Co

There was a recent announcement by two leaders in the luxury watch industry as Tiffany & Co and Patek Philippe & Co have teamed up.

The two luxury brands announced two new watches — one each for men and women. The announcement coincided with the 5th anniversary of the Patek Philippe boutique at Tiffany’s iconic 5th Avenue store, which was the luxury watchmaker’s first in the U.S.

The men’s version is an Annual Calendar watch that offers a masculine design. The watch features an 18-karat white gold case that encloses a black face, displaying the day, date, month, moon phases plus a 24-hour indication. The watch comes with a black matte black alligator strap.

The women’s version watch is named Gondolo. The watch offers an art deco-inspired look with Roman numerals, in addition to a curved 18-karat white gold and diamond case. The luxury watch is available in in two color options – a matte blue dial with white numerals with a dark blue satin strap, as well as a white mother-of-pearl dial with gold numerals with a cream satin strap.

Both of the new luxury watches are signed each by Patek Philippe and Tiffany & Co.

Patek Philippe’s new partnership with Tiffany & Co. follows a world record for the luxury watchmaking company, which set the record at the Geneva Important Watch Auction in Geneva, Switzerland. Their “J.B. Champion Platinum Observatory Chronometer” became the most expensive watch-only timepiece ever sold, for an amount slightly below $4 million.

Source – Time

A surprising announcement was made in the luxury market. Swatch Group has terminated its alliance with Tiffany & Co. and ended its partnership.

Swatch Group has blamed U.S. jeweler Tiffany & Co. for blocking the development of their watch joint venture. The partnership between the Swatch Group & Tiffany & Co. was to develop a luxury watch line.

Swatch claimed damages from the luxury jeweler for loss of long-term future business. There is also talk that Tiffany could become a corporate takeover target.

Earlier this year, Swatch Group Chairwoman Nayla Hayek stated that back in 2007, Tiffany Watch Co. was created to manufacture Swiss-made watches under the Tiffany trademark. Unfortunately, the luxury watch line showed disappointing sales and the watches apparently were were not well displayed in Tiffany’s stores.

Swatch stated in a press release, “Today Swatch Group terminated its cooperation contracts with Tiffany & Co. This action became necessary following Tiffany & Co.’s systematic efforts to block and delay development of the business.”

Tiffany responded to the Swatch Group claim by explaining it did honor its partnership agreement obligations with Swatch, as well as stated that Swatch did not make the necessary commitments to develop the new watch business.

According to Swatch, the Swiss company expects that Tiffany Watch Co. will be allowed to ramp down the current business over the next two years once the partnership contracts have been officially terminated.

I’m sure we will be reading much more about this in the coming months as additional information is uncovered and distributed to the media.

Tiffany & Co Atlas Dome

A new edition to Tiffany Watch Co. Ltd “Atlas Dome” watch line has been announced.

The latest Atlas Dome watch features both gold and diamonds is has the priceless look of pure luxury.

The classic Atlas Dome luxury watch proudly references the Atlas Clock located above the entrance to the flagship Tiffany & Co. Fifth Avenue boutique.

Offering a black dial with a diamond-encrusted bezel, the new Atlas Dome watch also comes with a 39 mm case in 18-carat red gold. The watch is also available in 31 mm.

The attractive bezel is set with 76 full cut, high quality diamonds. The luxurious watch comes with a black alligator strap and matching red gold buckle.

Tiffany’s Atlas Dome watch is water-resistant to 50m. The watch features precise Swiss automatic movements and offers a power reserve of 38 hours.

The watch’s transparent case back provides the perfect look at the mechanical movements, along with its rotor and classic Tiffany decoration.

The suggested retail price for the new Atlas Dome luxury watch is $13,500.

With the latest Atlas Dome watch, the Tiffany heritage truly lives on.

Tiffany and Co. Jewelers was founded upon the idea of providing high end goods to people of discerning taste who demanded luxury and quality in the products that they purchased.

Tiffany’s products, which include things like beautiful diamonds, silver jewelry, handcrafted silver gifts, tableware and other fine goods continues to attract modern customers, just as they have done since the days Tiffany and Co opened its doors.

Charles Lewis Tiffany – The King of Diamonds

Charles Lewis Tiffany, nicknamed “The King of Diamonds” and business partner John B. Young set up shop in the first Tiffany & Young store in 1837. The famous store, located in New York City on Broadway, the store was original created to be stationary store. Tiffany took over the store, renaming it Tiffany and Co and moved the business towards the high end products with which it is associated today.

Silver Goods and Jewelry

The beautiful silver jewelry pieces from the early days of Tiffany are so classic in their craftmanship and design that many of the original pieces are still sold in some form today. Antique Tiffany pieces that are still in that famous, original light blue boxes can fetch huge money at estate sales and online auctions. The light blue color packaging continues to be the calling card symbol of jewelry from Tiffany & Co.

Some of the goods and products that could be purchased at Tiffany & Co. early in the company’s career include many different silver jewelry pieces, monogrammed sets for dressers, presentation bowls, silver cups and saucers designed for children, silver trays for business cards, men’s dressing sets and silver game pieces. One especially popular item from the late 1800s was the souvenir spoons made Tiffany & Co. and copied by many other manufacturers.

Tiffany Jewelry And Tiffany Lampshades

In 1902, the Tiffany Art Jewelry portion of the store was opened as a means for displaying the jewelry and enamel craftwork of Louis Comfort Tiffany, heir to the Tiffany throne. Louis Tiffany was also the brains behind some of the most famous Tiffany styles, including Tiffany stained glass lampshades. In 1940, Tiffany and Co moved from Broadway to its world famous modern location at Fifth Avenue and 57th Street in Manhattan.

The name Tiffany & Co. is associated with timeless and classic luxury items. Today, much of Tiffany’s business comes through catalog and Internet based sales, which have helped spread the Tiffany brand name around the world and made the dream of owning a piece of Tiffany jewelry realizable no matter where you live.

Author: Ernst Ralborg

The Luxury Institute conducted a recent poll and the result showed Tiffany & Co was the most popular top made-to-order company.  Over 90% of the wealthy people polled said they would recommend Tiffany products to others.

Lexus and Rolex also were popular choices.  Home furnishing was the top category, followed by jewelry, homes, men’s dress shirts, and men’s suits. Full article