Earlier quoted context omitted.
He's saying warranties are mostly useless on watches.
Precisely. A decent new watch isn't going to have a defect. The parent referred to a theoretical $500 watch. Let's take something like a Hamilton Khaki Field Automatic. Decent watch, very handsome, and usually comes in around $500 (or less). Hamilton is a Swatch Group company and gets the very, very popular ETA 2824-2 movement. This is the same movement that can be found in watches costing thousands and some times te…
Masahiro Kikuno, Japanese Independent Watchmaker (2017)
101–103 of 103 posts
Re: Masahiro Kikuno, Japanese Independent Watchmaker (2017)
#102Earlier quoted context omitted.
My recent employment upgrade has been nice and I am in the market for a good watch as a result (no longer a junior so I can wear something nicer now). That said, I'm looking for something that is more useful than anything. I mean, heck, if I'm going to drop this much on what is essentially jewelry, I might as well get all the use out if it that I can. Can you point me to any good communities that may be of assistance…
If you want to take it to the water it is usually recommended that the watch has 10bar (100m) water resistance. The Breitling Navitimer 01 would tick many of your boxes (Chronograph, (Logscale)Bezel, Date) and is an iconic watch. However you can't swim with it. Another iconic chronograph is the Zenith El Primero with the tri color dial. It is also WR to 100m. Then there is the Omega Speedmaster "Man on the Moon" Chro…
Re: Masahiro Kikuno, Japanese Independent Watchmaker (2017)
#103Earlier quoted context omitted.
Richemont group has something like 16% margins.
What's the margin of the watch itself (factory, labor, etc vs cost) not their overall operating margins as a company? And is that 16% margin due to "R&D" eating into them? Or do they calculate their margins after hefty executive bonuses, lavish corporate offices, and other "expenses"? Not to mention that they also run all kind of boutique shops of their own and venture into various areas outside watches.