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...The fund’s performance in 2023 compares with a 24.2 per cent rise in the S&P 500 index and the FTSE 100’s 3.8 per cent gain....
...Credit rating reviews from Moody’s on April 26 and S&P on May 31 could result in downgrades....
...Patek Philippe and boutique independents including Laurent Ferrier and Ressence....
...When it comes to combining a mastery of micro-mechanics with high art, there are few watchmakers to rival Patek Philippe — and few watches to rival the complication and finish of its celebrated Sky Moon...
...High-end (which mostly means Rolex and its small-volume peers, Patek Philippe, Audemars Piguet and Vacheron Constantin) accounts for about three-quarters of Swiss watch exports in value terms....
...The so-called holy trinity of Swiss watchmakers is made up of family-owned Audemars Piguet, Patek Philippe and Richemont-owned Vacheron Constantin, who sell via third parties as well as their own boutiques...
...The WWF, which rated a sample of 21 watch and jewellery brands, labelled Patek Philippe as “non-transparent”....
...Last year, four men were jailed for the fatal stabbing of music manager Emmanuel Odunlami while stealing his fake Patek Philippe Nautilus....
...Among recent publications is Patek Philippe: The Impossible Collection, an ultra-luxurious 212-page volume priced at $1,200, and Bulgari: Beyond Time, the first book the Italian house has dedicated to its...
...funds to buy an 18-karat gold Patek Philippe watch for a high-ranking official of Petroecuador, the state-owned oil company....
...Patek Philippe Aquanaut (c 2019) The keen swimmer has a pool at the upstate New York home where he spends half the year, and many of his watches are water resistant to at least 100 metres....
...It has steadily raised its retail prices to get closer to “haute horlogerie” brands such as Patek Philippe, whose watches sell for an average of nearly SFr40,000 ($44,000)....
...Declines are across the board though the big brands — Rolex, Patek Philippe and Audemars Piguet account for about two-thirds of the market by transaction value — are bearing the brunt....
...This feat of dexterity immediately landed him a job with Patek Philippe....
...Philippe 2458 observatory chronometer (SFr3,779,000), and now, the potential for John Lennon’s long-lost Patek Philippe 2499 coming to market after being the subject of international legal wranglings for...
...In Geneva, Patek Philippe is doing its part to raise the profile of such work with a Rare Handcrafts exhibition of 80 watches created using niche skills....
...New features of Patek Philippe’s Tokyo exhibition included a room dedicated to sound, showcasing 17 chiming watches, and a section in its museum room on super-complicated historic pieces....
...At the event, Gérald Genta — the brand named after the legendary designer behind Patek Philippe’s Nautilus and Audemars Piguet’s Royal Oak models, among others — will be presenting a fresh take on the Mickey...
...Among the most desirable examples are vintage Rolex timepieces, such as the Daytona, Explorer, or Submariner models; Patek Philippe Reference 3700 Nautilus wristwatches; and Breguet Type XX.”...
...In addition to Richemont, Rolex, Patek Philippe and Audemars Piguet, Salanitro also works for LVMH....
...Capex and R&D will come in at less than 7 per cent of sales, says Philippe Houchois at Jefferies. VW spends about twice that. A lot could still go wrong....
...Offerings range from true vintage pieces — such as an Audemars Piguet Reference 5516 from the 1950s, estimated at up to HK$13mn, and a 1950 Patek Philippe (HK$4mn-HK$8mn) — to rarities from contemporary,...
...From the trading floor to the factory floor After stepping back from professional money management in 2018, renowned hedge fund manager Philippe Jabre admits that he was “bored to tears”....
...This year, only Patek Philippe was written down with the lowest rating as it neither communicates publicly on its approach to sustainability, nor took part in the WWF’s survey....
...Bremont will be exhibiting at next April’s Watches and Wonders fair alongside Rolex, Patek Philippe, Cartier and TAG Heuer, among others....
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