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Baselworld Daily News | March 19, 2016

DA ILY NE WS BASELWORLD • THE WATCH AND JEWELLERY SHOW • BRILLIANCE MEETS • MARCH 17 – 24, 2016 • WWW.BASELWORLD.COM E D I T O R I A L H I G H L I G H T S 19. SATURDAY, MARCH 02 RAISING THE BARS An extremely thin tourbillon movement, a plethora of fascinat- ing time-telling jewels – Bulgari once again pulls out all the stops. CEO Jean-Christophe Babin gives exclusive insights. 04 STATE-OF-THE-ART A legend in its own right, Patek Philippe is constantly pushing the limits of the highest stand- ards in complicated watches. This year is no exception – see for yourself! 08 TWO AT A TIME Chopard celebrates two mile- stones in 2016: 20 years of the Chopard Manufacture and 40 years of Happy Diamonds. Co-President Karl-Friedrich Scheufele toasts the events. 10 FUELLED BY PASSION Jean-Claude Biver, Head of the Watch Division at LVMH and CEO of TAG Heuer, has the lat- est from the Swiss avant-garde brand. 16 INNOVATION AND CRAFTSMANSHIP One of the most sought-after brands, Hublot continues to surprise with unique creations. CEO Ricardo Guadalupe shares company and product news. PAT EK PHIL IPPE DEBU T S MICRO MECH A NICA L M A S T ERPIECE Interview by William George Shuster T hierry Stern, President of Patek Philippe, the iconic luxury watch brand, talks about its fascinating complications, the global economy’s effect on watch sales and a major future event. BWDN: The world economy’s difficul- ties are affecting the watch industry. Have they impacted Patek Philippe’s sales? Thierry Stern: The impact is quite low because we work very hard worldwide. Europe and the United States are both good for us. Asia has been quite weak, certainly, but we focus more on after sales and training people there rather then sell- ing a great deal. In 2009, I said we wouldn’t go strongly into China, but instead, that we would develop slowly. A lot of people thought I was crazy, but look at what’s happening now. Many brands with full stocks counted on rising sales in China and are unable to sell them. Recent years have been fantastic for the watch business, but this wasn’t normal. We’re now seeing business returning to reality. Our 2016 production is 60,000 units and I expect all of these to be sold. It will be quite a good year for us. What watch complications most interest you and your customers? A very interesting one is our Annual Calendar, a top seller. We make one for men and one for women. Another is our new World Time Chronograph, with updated time zones. We expect this to be our main product for 2016. Collectors and the younger generation both love it. What is your most exciting new watch here at Baselworld? One of the most exciting is the Patek Philippe Grandmaster Chime, first made for our 175th anniversary in 2015. It has a new case, colour and dial, 1,700 working parts and 20 complications, so only a few will be made each year. I think it will be one of the big hits at the show. Is Patek Philippe marking any special occasions in 2016? Yes, the Annual Calendar’s 20th anniver- sary and Nautilus’ 40th. An important REDEFINING THE BENCHMARK Interview by Roberta Naas N ayla Hayek, CEO of Harry Winston, discuss- es the legendary brand’s plans for 2016 and explains why its extraor- dinary pieces, both in fine watches and jewellery, are so beloved by customers. BWDN: Can you tell us about your 2016 strategy for Harry Winston? Nayla Hayek: In 2016, Harry Winston will continue to solidify its position as a true luxury watchmaker through the introduction of new timepiece models that seamlessly combine innovative artistic motifs with exceptional move- ments. We will also continue to develop and expand our global distribution, especially throughout Asia. What do you think today’s customers are looking for in a watch? Today, customers are seeking fine jewel- lery and timepieces that have an intrinsic value, both emotionally and practically. Creating extraordinary pieces that cater to this need is one of Harry Winston’s greatest strengths. Harry Winston offers a wide range of products in order to meet the diverse preferences and needs of our clients – from classic pieces to more avant-garde styles; from fine jewellery to timepieces. What does it take to run such a success- ful brand? It’s not only the resources that you invest in a brand that make it success- ful, but also the emotions that you devote to it. With Harry Winston, there is a great sense of pride and a lot of positive emotion that goes into running François Thiébaud, President of the Swiss Exhibitors’ Committee Thierry Stern, President of Patek Philippe. the company. Harry Winston was found- ed by a man who turned his lifelong passion for precious gemstones into a remarkable legacy that has been – and will continue to be – celebrated for gen- erations to come. And this is a legacy we are incredibly honoured to uphold. Can you share your distribution and exclusivity plans for the brand moving forward? Our mid- and long-term goals for Harry Winston are to continue gaining market share, by further developing distribu- tion in new markets, such as India, and throughout Asia. We will also continue to focus on our key markets throughout Europe, the Middle East, the U.S. and Japan. This will be very important for the brand’s overall growth. In terms of new products, we remain committed to developing innovative models that further our commitment to superior quality, using only the most exceptional movements and materials, and that uphold the House’s tremen- dous design legacy. 1.0, D23 1.0, D1 1 “A REMARKABLE LEGACY TO UPHOLD” HARRY WINSTON CEO NAYL A HAYEK TALKS TIME Nayla Hayek, CEO Harry Winston. Dear Visitors, Welcome to Baselworld! This annual show that is unique in the world enables 1,500 exhibitors, including more than 300 Swiss ones, in the field of watchmak- ing, jewellery and related sectors to present their latest new products. After an eventful year in 2015, Swiss exhibitors have proved more imaginative than ever while building on the tradi- tional values that have forged the success and the reputation of our sector. This unique expertise enables them to incor- porate state-of-the-art technologies while continuing to give pride of place to the inventiveness and creativity of the master watchmakers. Avoiding any artifice so as to refocus firmly on creative design, our watchmak- ers are forcefully affirming their role as the tireless custodians of peerless exper- tise – a heritage that they are determined to pass on to the up-and-coming genera- tions. The number of Swiss exhibitors has remained stable this year, a sure sign of confidence in the future and that the industry is in safe hands! Switzerland’s jewellery makers have also got some magnificent surprises in store, combining noble metals and pre- cious stones with rare mastery. Nor should we ever forget that these crea- tions – whether watches or jewellery – would never come into being without the assistance of those who work behind the scenes in the related sector. Halls 2 and 3 showcase a wealth of often little-known skills and competencies representing a range of professions that also embody our heritage. Thank you for your visit and we look forward to meeting you! future event is our grand exhibition of Patek Philippe watches in New York City in 2017. It will be similar to the exhibition we had in London in 2015 which was very successful and our largest ever. It takes two years to prepare and we’ve already started. H E A R D I N B A S E L “Considering the success this year, I feel that we will have by far the best Baselworld ever.” Jean-Claude Biver, Head of the watch division at LVMH

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