The dial includes matching gold components too. The palms, as an instance, are coated with 5N reddish gold, satin-finished, and full of white Super-LumiNova. The distinctive H-screws are created out of 5N red gold too.The setup of this skeletonized dial stays unchanged. The 30-minute counter sits at 11 o’clock and there is a seconds counter at 3 o’clock. The column wheel mechanism is exposed at 1 o’clock and at 7 o’clock is your big tourbillon. The dial features the logos of the two Ferrari and Hublot, and the fonts for various registers and the minute track are lifted straight from the dash of Ferrari’s supercars.The motion of this Hublot Techframe Ferrari 70 Years Tourbillon Chronograph watch will be your Hublot HUB6311. In-house made, it comprises 253 components, beats at 3Hz, also has a power reserve of 115 hours. One neat thing about the motion is that it uses a sapphire crystal to secure the top part of the tourbillon, producing the illusion that the tourbillon is spinning without any leading support.The Hublot Techframe Ferrari 70 Years Tourbillon Chronograph watch, including this PEEK Carbon and King Gold model, is just one I think will have lots of meaning for the diehard Tifosi. Evidently, this version doesn’t differ that greatly from the earlier Techframe Ferrari 70 Years Tourbillon Chronograph watches which were announced earlier this year, but being a unique piece does make it more “special.” Plus, it is going to offer its lucky owner some bragging rights, particularly during Ferrari meet-ups. The opinion has been reprinted by RM Sotheby’s and it went under the hammer for about $180,000, which is much more than the priciest King Gold version of the Hublot Techframe Ferrari 70 Years Tourbillon Chronograph watch.
Consensus amongst many industry insiders at Baselworld 2017 was that the stable of watch and jewellery names owned by LVMH – Bulgari, Hublot, TAG Heuer and Zenith – are doing well relative to their peers. That appears to have been borne out by the luxury group’s first quarter results for 2017, with Bulgari and TAG Heuer singled out for “market share gains”.
Quarterly revenue at the luxury powerhouse that owns Louis Vuitton (its Parisian art museum designed by Frank Gehry is pictured above) rose 13% at constant exchange rates, while its watch and jewellery division saw an 11% rise in sales. In more ordinary times that might seem a meagre figure, but times are tough for the luxury watch business.
In comparison, LVMH rival Richemont’s most recent quarter (until December 2016) was less impressive, perhaps explaining the management overhaul earlier this year. The Swiss group that owns watchmakers like IWC and Panerai saw group sales rise only 6%, helped by its jewellery business, with the watchmaking division seeing a dip of 2%.
That being said, the sales growth at LVMH comes off from a low base. Last year the group recorded revenue growth of just 6%, with the figure for the watch and jewellery division being 5%. It prudently notes in the announcement: “The trend currently observed cannot reasonably be extrapolated for the full year.”