This time at Baselworld (2011), part 1

Whither the watch

Anyone with a decent nose and a functioning lizard brain would have noticed the change 20 meters after the turnstiles at Baselworld 2011. The pungent, oily smell from the tchotchke candles sputtering away at the Zenith stand had vanished into last year’s thin air. Gone too were all the signs of the Thierry Nataf era, including those pseudo-brainy ads with the frowning male models and the girlies pushing very costly and blustery watches. What remains is sobriety, functionality, understatement, in other words pure Zenith from the days of 2 + 2 = 4. The Striking Tenth, already prominently displayed last year, still has flagship radiance, the new Stratos is a relaunch from 1969, sportive, muscular, but not steroidal.

Zenith passes the breathalizer

Zenith represents well the changes that have swept the Swiss watch industry over the past, say, 10 years, when people believed in the magic growth of money and the Madoff snake oil. How could something promoted with loud and ostentatious events and fetching absurd prices not be worth a lot of money? Today, the company is buying back the unsellables and moving forward with its classics – with, I hear, some technical involvement from LVMH Group partner Hublot. Not everyone thinks poorly of Nataf. “Whenever I used to show my watches to distributors, I was ignored,” recalls one former Zenith salesman from the early days. “Now they wouldn’t dream of doing that anymore. That is to Nataf’s credit.”

The big picture

Essentially, the industry is back with an excellent year behind it and rosy, nay incandescent, prospects for the coming one, provided some new bubble doesn’t appear on the horizon and then burst again: Exports rate up around 22 percent, February seems set to be a record month, even beating the great 2008. The exhilaration was palpable, audible and legible across the board, and was not really affected by the war in Libya or the threat of nuclear meltdown in Japan (this issue did allegedly keep some of the Japanese away, but one distributor mentioned that it would be out of character for them to actually not show up) … From Karl-Friedrich Scheufele of Chopard, to Jean-Claude Biver of Hublot, all were radiant, enthusiastic, ecstatic. It was more than just the usual uplift; for even at the height of the Great Recession, while easily-earned yet vaporous cash snapped, crackled and popped under the dousing by the liquide glaciale of reality, the mood at Baselworld remained, at least rhetorically, positive. Nevertheless, this year there a slightly giggly mood going round, similar to that at the foot of a particularly shaky rollercoaster, when the pale passengers disembarking  look around to see if  anyone had flown off the carriage. In fact, just about everyone seems to have made it, even though there are a few bruises and headaches.

Dazed and dazzled, however, the industry was to an extent caught by surprise by the surge, as Max Büsser of MB&F told me in an interview in his customary pithy style: “The suppliers were anemic in the crisis, and now they’re being asked to run a 9-second 100 meters, and that’s impossible.”

In other words, supply might be  lagging somewhat, while some brands, caught unawares, have to restock not only on product, but on the talent they threw off the bus perhaps a little hastily.  The demand itself is driven mainly by China, which picked up around half the exports; Europe is doing well and the USA is, well, no one really knows, while the Middle East no one seems willing to talk about.

Different day, same hit

On the Jaquet Droz stand, enamel drawings

What Chinese demand really signifies  in terms of design is difficult to tell. Some brands have an older connection to Asia, like Jaquet Droz and the so-called “Beijing collection,” whose styles range from minimalist to complex.  At the booth, one of the Droz artists was demonstrating the extraordinary technique of drawing on enamel, which has been one of the brand’s trademarks.
The deeper question though is whether tigers on watches is going to truly appeal to Chinese consumers. As this segment of the industry is mostly market driven, determining what is going to be the big hit is perhaps irrelevant. Hardly astonishing then to find horological innovations that are carrying on from last year’s trends. 2010, one might remember, was back to basics. As the economy is as predictable as the weather along the English Channel, few seemed prepared to take massive chances. Watches were a touch smaller, some flatter, steel was back (that trend has slowed), and prices were looking reasonable even in the haut-de-gamme range. And so the sudden surge may have caught the industry off guard, an industry that produces new material with lag uncharacteristic for our just-in-time times.

Patek …. A simple solution in the Grandes Complications
A Blancpain Villeret, for those in need of a classic

So steering a solid course through the recession without trying anything outrageously new proved to be the only strategy, hence many of the booths revealed good friends from last year some in new guise, some appearing perhaps a tad larger, with a few extra daubs of color or deco. Hall 1, home of the biggies including Swatch Group, Patek Phillippe, the LVMH companies, seemed full of watches that were indeed beautiful, sexy, masculine, anything but outrageous. From Breitling to TAG Heuer, from Breguet to Longines, there were no shocks to the fans, to the collectors, none, at last, that were truly visible. And while the crowds were fairly heavy, the frenetic feeling was not there. Even Blancpain, whose CEO Mark Hayek succumbed to the sophomoric dream of driving a fast car with the shape and color of a crushed beetle, happily continues to thrive with its classics, notably the Villeret Complete Calendar.

The Hebe Crepuscule, skeletons in the closet

This overall cautiousness – or is it just the surprise – may be the chance for brands with lower budgets and less visibility.  The Tensus: patents, quality, delivers the commoisseur's discreet wow.Or for those who seek a more intimate sense of beauty and quality. Or even for the newbies on the block.  Heritage Watch Manufactory, which went live in September 2010, has come up with a purist’s delight and has done its marketing properly. This classic looker (the Tensus, for instance) , boasts five patented innovations, including a special escapement, double spring barrel and an adjustment system It will no doubt find its fans, perhaps among those who wish to remain in the Glashütte mold, in spite of a solid price tag ranging from CHF 15,000 to CHF 50,000.  On the other side of the scale is the simple craftsmanship of the tiny Hebe Watch company, which is buried up in Alle the Jura and whose booth was tucked at the farthest geographical point from the entrance in Hall 5. Besides a few small watches in 1920s/30s style from its previous incarnation, Hebe has come out with a few modern skeletons at a good price. The brand, which was already dealing with China in the 30s and in the 80s, was recently purchased by Anouk van de Velde from Belgium, who seems intent on giving the watches in Alle space to develop naturally, while at the same time making them better known. Perhaps a more visible booth?

Another Belgian to mention is Benoît Mintiens, who launched Ressence, apparently as a compact version of “renaissance of essentials.” That seems to summarize the whole show really well. As an industrial designer, Mintiens seemed out of place in the GrandPalace along with some of the wizards of the watchmaking craft. His idea of a revolving dial, with moving subdials, however, did create some chatter. And it’s not a one-time shot. He is, so he says, already working on the next design, and the next, and the next.

Extramural intervention: Ressence reconstructs modernity

Mechanics, retroistas, and the artists ….Baselworld 2011 continues here.

Baselworld 2010 Part 1: Return of the watch

 

A special diving watch: the Italian brand U-boat thinks big

Watch yourself!

Baselworld 2010: a review

Part 1

 If we are to believe the chroniclers of the wealthy like Steve Forbes, what affects the world’s haves, will also have an impact on the havenots. It’s a bizarre thought based on some strange algorithm only Forbes might understand – it assumes that X not being able to afford another luxury car is equivalent to Y and his family being expelled from their home. But when it comes to watches, the algorithm might just work. Because luxury is the projection and realization of some personal fairytale, and it touches everyone at all levels. For some, purchasing a muscle car is the lonely cherry atop an otherwise gloomy cake, and for others gazing at a tourbillon and a pumping hairspring may be the only way to remember one’s own beating heart in a life of soporific board meetings and business-class plane travel. You don’t really buy a watch, especially a mechanical one, to tell the time, but rather to have a little bit of the galaxy on

Blast from the past, Baselworld in 2008

or on the wrist of a loved one.  It makes no difference whether it’s a €210,000 Chanel limited edition, or an entry-level Eterna …  It’s one of the messages that became quite obvious at Baselworld, the annual watch and jewelry orgy held in Basel, Switzerland.

This great trade fair just closed its doors on a happy note, with attendance up by 7% over last year, according to the fair’s daily herald, and the industry generally upbeat about the future. But optimism among the watch brands is not new. Even in the depths of the recession, CEOs and the brands’ majordomos of communication were grabbing at any number that suggested black and not red, and smiling through the drizzle of bad news. As a last resort, they would point to the overheated market until 2008 and suggest that the ensuing crash was merely a natural correction.  Quite true, of course, but since the Lehmann vaporization, the Madoff hanky-panky, even the now forgotten scandal at the Société Générale, the luxury industry has been faced with a dilemma. On the one hand, liquidity problems and continuing insecurity in the markets — see Greece – means that the recovery has the energy of the prisoners staggering into the light at the beginning of act II of Beethoven’s Fidelio. On the other hand, the very raison d’être of luxury, exhibitionism, is now considered to be in even worse taste than it ever was. Money is a little tight for everyone thanks to the pathological greed of the past few years, but for those who have it, broadcasting the fact seems to suggest a “let them eat cake” attitude. And we know where that ended.

Eterna Soleure, traditional values are in style

Turning back the clocks

So it’s no surprise to hear just about every brand speak of “classic” values mixed in with the usual fusion of traditional crafts with innovative ideas. The era of bling has passed, and serious watch aficionados are not entirely unhappy with that state of affairs. Just as censorship in the former USSR led Russian writers and composers to weave a great deal of dissident subtlety into their creations, so, in the year 1 after the Great Recession, sleek lines are back, thin, elegant watches with plain bar indices are in, so are the comfortable rectangular shapes of the 1950s,  1960s and 1970s. Symmetry, or at least harmony and balance, has returned to the dials, but without the slightest sense of stodginess. And steel casings are suddenly quite fashionable — whereby red and yellow gold are beginning to return.

Many of the older brands seemed to have had a great time rummaging around their archives and digging up older designs that hark back to simpler days. Eterna, for instance, is pushing its delicate Soleure, with Arabic numerals or bar indices, a day and night watch for all occasions. Longines has a re-issue of the Lindbergh chronograph, a manly piece but hardly Hummer-like; Tutima has resumed its 1941 Flieger Chronograph line, also recalling the brave flyers of yore, while its Classic line is a genuine chameleon, with sharper contours suggesting this millennium.

A fast-beating heart gets a front-row showing in the Striking 10th

No brand epitomizes more the changes of the past three years than Zenith, perhaps. The flamboyant Thierry Nataf of Moet fame had tried to reinvent the traditional brand to meet the exhibitionist tastes of a class of nouveaux riches that partly crashed along with the rest of the economy all the while burying the company’s very DNA. It was like spray-painting flames on the side of a Steinway concert grand for a Grigory Sokolov  recital of Brahms’s late works…. To Nataf’s credit, it might have worked had the world economy simply continued to exist on the hallucinogenic expectations of derivatives. Suffice to say,  Mr. Nataf – who once told me in an interview, he was “born in a boardroom” – was kicked sideways and replaced by the stolid Jean-Frédéric Dufour, a Geneva resident with a real horological pedigree that includes stints at Ulysse Nardin and Chopard. Gone are the über-cool male models with their brummagem scholar-cum-samurai appeal and the glam femmes objets.  Gone are the aphoristic quotes that may be interesting while waiting for the subway, but signified nothing in terms of watches. Gone, too – but not sideways – are about 25% of the old staff. Zenith has turned the clock back and is producing strong, basic, watches, with the good and friendly looks of high-attitude Jura farmers and affordable prices. The big news is the El Primero Striking 10th, which shows each of the ten beats per second of the exceptional caliber (which beats at 36,000 vph), thanks to the jumping seconds hand. Back to the roots, indeed… All that’s left of the flashy pre-Dufour days, apparently, is the company gift candle sputtering away on the receptionist’s pulpit and producing a penetrating, musky-spicy odor that mixed somewhat irritatingly with the garlic used by Zenith’s own booth cooks.

Coming up for air: Doxa divers

 If it ain’t broke …

Eberhardt’s Chrono4 Temerario

Some brands did not need to turn down the volume too much, simply because they never really lost their dignity in the first place. Chronoswiss, Doxa and Tutima, for example, are classics by nature, and like  Breitling, Fortis, TAGHeuer, have all maintained their genetic association with big engines, diving, flying, regattas, while offering the occasional bit of craziness. It might be a surprisingly gaudy strap,  or a limited edition, like Fortis’s Mattern, which was designed by artist Michael Mattern, a specialist in transcending the inner workings of our industrial age.  Another manufacturer worth mentioning here is Eberhardt, whose watches seldom venture beyond the straight and narrow but manage to achieve recognizability without going to extremes: The standard Chrono4 series, with its four small dials, would not raise your granddad’s eyebrows, though the Temerario sub-line, in a tonneau case with the four subdials arranged vertically does generate some additional excitement. And then there is the crown buried like a gas cap behind a metal flap between the two 12-0’clock lugs.

Beauty and the beast, biker chains, head fins, jewels on the DeWitt Tourbillon

Higher up on the scale is DeWitt, where a class and luxury do a little slumming with the steam-punk crowd. That tiny chain used to connect the power reserve in the Academia line is not just a visual delight, but rather part of an innovative system to ensure that the driving force of the tourbillon is constant. Chopard is another brand that has parked itself in the grand old days of leather helmets and mud-speckled goggles. For the company’s 150th anniversary, it has developed several new timepieces, notably a pocket watch that functions as a wristwatch as well as a tribute to founder Louis-Ulysse Chopard. The movement driving this serene piece was produced by a collaboration between the company and the Geneva Watchmaking School, which needed some components for the apprentices’ master works.

The Esplendido, more après-race than racy

Another brand which has defined itself by sticking to its retro birthright is Cuervo Y Sobrinos. Like Chopard and the Mille Migli, CyS also embraces the world’s great car races, like the Grand Prix, as a sort of public identity. Whereby the dignity of the elongated case of the Esplendidos line suggests more the sensuality of a slow rumba, wafts of sweet and spicy cigar smoke, lazy afternoons, the sexiness of taking time rather than racing through it. The Pirata line offers the same identity, with a little more sportiveness, a whiff of tang coming through the porthole shaped case and the crown and push-buttons recalling blunderbusses and a cannonball, a humorous watch for walking the plank with.

The Cuervo Y Sobrinos Pirata – goes well with an eyepatch.

It’s not over yet: Check out Part 2 .

Continue reading “Baselworld 2010 Part 1: Return of the watch”

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