The Hour Glass

[FFNow]

Today's (24Aug12) BT has a huge 56-page supplement "The Business of Time" on branded watches. Do get hold of a copy if you want to learn more about the luxury watches trade.

Thanks for the info dydx! I think BT does this every year as I remember reading the supplement last year as well.

[Pursuitofknowledge]

One of the article feature on The Business of Time

[dydx]

I saw the USD5.0m watch in THG's Hublot boutique at MBS the other day. It is a true beauty!

My market checkings show Hublot watches are definitely getting more and more popular. As the exlusive retailer in Singapore, Malaysia and Thailand, and also a non-exclusive retailer in Australia and others (?), THG is contributing and benefitting from this development.

More info on Hublot and the current prices of their watches.....
http://www.hublot.com
http://www.thewatchquote.com/List-Price-...-No_54.htm

[WolfT]

The problem with hublot is that they uses refurbished ETA movement for most of their watches,just like IWC which imo does worth the high price tag. Hublot resale value sucks, I can assure u that u can sell for less than half the purchase price even for their big bang range.I bought my Big Bang second hand within warrently at 33% of retail price.

[FFNow]

woah, 56 pages must have been tons of information. I guess it is too late to get it now.

You can read it at http://www.businesstimes.com.sg/business-time-2012. Not sure if it's free to access it everyday.

[Pursuitofknowledge]

I think there is an error because of the "fullstop" try http://www.businesstimes.com.sg/business-time-2012

[FFNow]

I think there is an error because of the "fullstop" try http://www.businesstimes.com.sg/business-time-2012

Yes. Thanks for the correction.

[freedom]

Patek Philippe is breaking up with Sincere?

Rolex, Patek call time on Sincere tie-up
Iconic brands to end partnership with watch chain
By
Chuang Peck Ming
print |email this article
BTS 20120830 PSINCERE 139032

Mr Chu: His family went ahead and sealed the $232m Sincere deal even though Rolex and Patek had given some indications about what might happen - PHOTO: ARTHUR LEE

[SINGAPORE] Amid the celebrations, came a shock.

Hong Kong billionairess Chu Yuet-Wat's joy at sealing a $232 million deal to buy Singapore-based luxury watch chain Sincere Watch has been tempered by a bombshell. Rolex and Patek Philippe have served notice that they no longer want Sincere as their retailer.

The two are among the best-known names in high-end timepieces.

The reasons for snapping their ties with Sincere are unclear but Kingston Chu, the new owner's 27-year-old son who has been appointed executive director at Sincere, says it still came as a surprise, despite forewarnings.

[propertyinvestor]

Wee! Maybe Cortina is going to be appointed the new exclusive distributor! Look at their share price jump! Much higher than Hour Glass!

[[DY]]

Wee! Maybe Cortina is going to be appointed the new exclusive distributor! Look at their share price jump! Much higher than Hour Glass!

Yup, and Hour Glass will be folding after Cortina is appointed exclusive distributor.