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The Business of Watches [002] Sylvain Berneron On His Company’s Work Philosophy, Business Structure, And Future Watches

The Business of Watches [002] Sylvain Berneron On His Company’s Work Philosophy, Business Structure, And Future Watches

Sylvain Berneron is in high demand, and so are his watch designs. Just last week, a 34-millimeter version of his debut time-only watch, the Berneron Mirage, came up for public auction for the first time, and bidding soared beyond the CHF80,000 high estimate to fetch a staggering CHF241,300, including fees. Having previously worked in the automotive industry with BMW, Berneron is a designer who has now chosen watchmaking as the canvas to express himself and his ideas. After departing the big brand corporate atmosphere of Breitling, he's enjoyed significant success so far with his own brand and has just unveiled his second collection - Quantième - and an annual calendar that brings a unique, yet superbly finished, movement architecture to the complication that aims to simplify setting and provide a stress-free experience for the user. Sized at just 38 millimeters in diameter and 10 millimeters thick, the dial design is both stunning and innovative in the way the time and date are displayed, while the platinum case features removable (and replaceable) steel elements that act as bumpers and guards for the precious metal. But this podcast is about business, and Berneron indulged us with a lengthy, candid, and exceedingly in-depth discussion about his plan for building a brand and sustainable company that bears his family name. He tells us why he's set up shop in a Swiss industrial park, the business strategy behind limiting production to less than 25 of each specific watch per year, and why he's turned down creative jobs at Rolex and tens of millions of dollars in financing from potential investors despite having barely a holiday or weekend off for the last half-decade. It's a deep dive into the business strategy and plan of a young, driven, red-hot watch brand that's trying to make it for the long haul. We hope you enjoy. Show Notes:3:20 Berneron Quantième Annuel 4:45 Berneron SA 6:20 Panerai manufacture in Neuchatel 13:00 BMW Research and Innovation Centre13:40 Breitling 18:20 Ben Clymer on founding Hodinkee and a professional life in watches24:00 White label watch manufacturers in Switzerland include companies like Roventa-Henex 25:50 Swiss watch components makers include companies like Acrotec, the biggest supplier 32:15 Breitling Sells Controlling Stake to CVC Capital32:50 Nicolas G. Hayek Sr. 40:20 Building Resilient Teams: What Business Can Learn From Military Cohesion 42:20 Employee Share Plans In Switzerland: A Regulatory Overview47:00 Long-term commercial lease agreements in Switzerland: An Overview49:00 Panerai 51:10 Hands On Review Of The Berneron Mirage59:30 Family Offices 1:11:00 Mountain Survival Tips for Beginners1:12:03 Audemars Piguet Buys Key Supplier1:16:30 GPHG Audacity Prize Awarded to Sylvain Berneron1:17:00 Why Using Your Last Name Is The Last Way To Name Your Company (Forbes)1:18:56 Business Ethics Key Principals (Investopedia) 1:19:02 Simon Sinek 1:21:35 The 7 Habits of Highly Effective People1:23:10 MB&F1:23:20 Simon Brette1:23:25 Xhevdet Rexhepi 1:23:28 Rexhep Rexhepi 1:23:30 Petermann Bédat1:24:50 When Art Is Putting Yourself In Danger (CBC) 1:26:30 The Art of War (Sun Tzu) 1:27:06 Trust The Process (Simon Sinek) 1:31:49 The Transformative Power of Sabbaticals (Harvard Business Review) 1:37:00 Luxury and Socially Valued Behavior (Columbia Business School)1:38:05 Germany's Car Industry Crisis 1:39:00 Hans Wilsdorf Foundation 1:41:00 Inside Rolex (Ben Clymer)1:45:00 Patek Philippe Calatrava Collection1:45:45 Fiasco (Wikipedia) 1:46:20 Batman Two-Face 1:53:00 Fathers Give Watch Collecting Advice (Hodinkee)1:55:20 Christopher Ward1:55:45 Swatch Group 1:58:00 MoonSwatch Phenomenon (Hodinkee)

17 Syys 2h 4min

The Business of Watches [001] Rolex, The Making of a Status Symbol With Author Pierre-Yves Donzé

The Business of Watches [001] Rolex, The Making of a Status Symbol With Author Pierre-Yves Donzé

Welcome to the first episode of a brand new podcast for Hodinkee. It's called The Business of Watches, and it's hosted by me, Andy Hoffman. Each episode, delivered once every two weeks, will feature conversations with authors, CEOs, industry insiders, and fellow journalists as we uncover the business behind your favorite watches and watch brands. Want to subscribe so you never miss an episode? This new show is being published to the original Hodinkee Podcasts feed, so you can subscribe wherever you find your podcasts, including Apple Podcasts, Spotify, or TuneIn.Episode 01 - Rolex, The Making Of A Status Symbol With Author Pierre-Yves DonzéNotoriously secretive when it comes to its operations and accounts, there haven't been a lot of business-focused books on Rolex, the biggest and most successful Swiss watch brand. At least until now, that is. Academic and professor of business history at Osaka University, Pierre-Yves Donzé is the author of The Making Of A Status Symbol, A business history of Rolex translated and published in English this year.  We wanted to start our new podcast, The Business of Watches, by talking about the most important Swiss brand, and Donzé serves as an ideal guest, explaining the decisions and events that shaped Rolex into what it is today. The episode is full of revelations, from how Rolex dealt with the business challenges of a strong Swiss franc and the arrival of quartz, to how the brand overtook Omega in sales, and the critical role the U.S. has played in the company's history and success. Thanks so much for listening, and be sure to drop by the comments section if you have any thoughts or questions on the episode. We'll be back in two weeks with another episode of The Business of Watches. If you have any questions for an upcoming Q&A episode, please leave them in the comments below. This episode of The Business of Watches is brought to you by Panerai. Click here to learn more about the Luminor Collection.Show Notes: 3:40 The Making Of A Status Symbol, A Business History of Rolex (Manchester University Press)5:25 Pierre-Yves Donzé7:25 Rolex 10:30 Hans Wilsdorf15:00 Rolex Kew A16:01 COSC18:10 Aegler SA and Rolex20:50 UK taxation during WWI24:30 Rolex Oyster case26:00 Panerai 28:05 Rolex company history 1926-194530:50 Rolex Cosmograph Daytona32:00 André Heiniger33:50 Hans Wilsdorf Foundation35:20 Rolex Explorer Ad 1960s (Ad Patina)36:38 J. Walter Thompson 39:20 Arnold Palmer (Rolex Magazine)40:30 Mark McCormack 43:30 Omega 45:00 Placido Domingo 47:00 Rolex Oysterquartz51:26 Rolex Lady-Datejust53:30 Rare interview with Rolex CEO Jean-Frédéric Dufour about Watches and Wonders (NZZ)1:00:30 Rolex Land-Dweller Business History

3 Syys 1h 3min

Watches & Wonders 2025: Daily Episodes Live From Geneva | Day 4

Watches & Wonders 2025: Daily Episodes Live From Geneva | Day 4

It's the last day of the show, and James is joined by Malaika, Mark, and Tim to discuss our general impressions of the show, Tim's experience as a first-timer, and some of the highlights we saw from a day full of meetings with Sinn, Bulgari, Laurent Ferrier, Parmigiani, and more. We hope you loved the episodes, and if you want more podcasts about the fair and all the new watches, let us know in the comments.

4 Huhti 25min

Watches & Wonders 2025: Daily Episodes Live From Geneva | Day 3

Watches & Wonders 2025: Daily Episodes Live From Geneva | Day 3

For the team's third day at Watches and Wonders, James is joined by Rich, Malaika, and Tim to talk over our highlights from another full day of fun at the fair. We get into everything from the latest Panerai models and the new (and very bleu) execution of the Chanel J12 to some deeper picks from Cartier and James' experience with a fun and colorful new travel-focused Club Sport model from Nomos.

3 Huhti 32min

Watches & Wonders 2025: Daily Episodes Live From Geneva | Day 2

Watches & Wonders 2025: Daily Episodes Live From Geneva | Day 2

We're back with Day 2 at Watches and Wonders as Ben, James, TanTan, and Mark recap another great day at the show and feature a fascinating conversation with Matthieu Humair, the CEO of Watches and Wonders Geneva Foundation.From the new Tag Heuer Formula 1 and the most complex wristwatch ever made to our hands-on experiences at Tudor and Rolex, it's a varied show with a wide range of watches (and some rather interesting tidbits about the show and its logistics).

3 Huhti 39min

Watches & Wonders 2025: Daily Episodes Live From Geneva | Day 1

Watches & Wonders 2025: Daily Episodes Live From Geneva | Day 1

Welcome to the first episode of Hodinkee Radio at Watches and Wonders 2025. We will be recording and publishing daily podcast episodes to recap Watches & Wonders. Stay tuned for our takes on all the latest releases, takeaways from the show, and the general shenanigans that tend only to be captured on mic after a long day of seeing lots of watches and drinking (way) too much espresso. We've finished our first day at the show this year, and Ben is joined by Malaika, Rich, and TanTan to talk about the latest from Rolex, Patek, and A. Lange & Sohne. New releases like the Odysseus and the Rolex Land-Dweller and a couple of hot takes on the Patek Philippe Cubitus in 40mm. Enjoy!

2 Huhti 30min

A Look Ahead To 2025 – Part 2 With Mark and Rich

A Look Ahead To 2025 – Part 2 With Mark and Rich

We're back with another episode of Hodinkee Radio. In addition to the podcast feed, each episode also has video, so swing by Hodinkee's YouTube channel (or watch below). Only want the audio? It's being published to the same old Hodinkee Radio feed, so check your feeds or subscribe wherever you find podcasts (try Apple Podcasts, Stitcher, Spotify, or TuneIn).For this episode, James is hosting, and he is joined by Rich and Mark to discuss their thoughts for the watch world in 2025. The trio chats about the continued popularity of vintage-inspired designs and what they're hoping to see from Omega, Rolex, Tudor, Patek Philippe, Cartier, and more. As this is the last episode of Hodinkee Radio in 2024, we wanted to thank everyone who has listened to the show, offered feedback, and more this past year. We'll be back soon with fresh episodes for 2025.Show Notes: 0:51 End of Year Episodes: Part 1 | Part 2 | Part 3 6:12 Urban Jurgensen 6:54 Longines Heritage models 10:51 Special Link From Bruichladdich 12:40 Grand Seiko SLGW003 14:22 Flight Qualitifed Omega Speedmaster 19:50 Tudor Black Bay 58 GMT 27:40 Rolex Sea-Dweller 31:33 Cariter Coussin de Cartier 32:00 Cartier Santos Dumont Rewind 38:04 Shellman Side Slide Minute Repeater

27 Joulu 202443min

A Look Ahead To 2025 - Part I with Malaika & TanTan

A Look Ahead To 2025 - Part I with Malaika & TanTan

5:09 Zenith Defy Revival Diver A36488:20 MB&F LM101 2021 Editions13:43 Julien Tornare joins Hublot15:33 Jaeger-LeCoultre Pop-Up at Hudson Yards NYC16:40 Jaeger-LeCoultre Polaris18:36 Jaeger-LeCoultre Deep Sea Chronograph Reissue22:04 Special Link From Bruichladdich27:26 Grand Seiko Dive Watches28:38 Blancpain Fifty Fathoms34:15 Blancpain x Swatch Scuba Fifty37:23 Dream Swatch Collaborations

20 Joulu 202440min

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