History
Century
History of Watchmaking
First results of research into silicon as a material for wristwatch escapements.
François-Paul Journe unveiled the first resonance watch.
World history
The Internet bubble reached its highest point; share prices were at record levels before losing up to 80% of their value over the following years.
Mad cow disease in France and the world.
Start of the second intifada.
Swiss history
Richemont bought LMH (Jaeger-LeCoultre, IWC, A. Lange & Söhne) for CHF 2.8 billion, thus ending the wave of acquisitions that had restructured the Swiss watch industry.
HH Magazine News
A new record for Rolex at auction
17 May 2013
While Patek Philippe again claimed the most valuable lot at the spring auction session in Geneva, Rolex confirmed its as…
Swatch Sistem51: Just How Far will the Revolution Go?
16 May 2013
Sistem51, the new Swatch self-winding mechanical movement, is to be assembled and adjusted entirely by machine. This gro…