PARIS — A fire has destroyed a workshop at the heart of the Swatch Group division that produces the movements used in the majority of Swiss watches, the world’s largest watchmaker said.
The blaze broke out at 8:45 a.m. on Sunday in the galvanic department located in the main building of ETA Manufacture Horlogère in Grenchen, Switzerland, where the watch parts are treated to prevent rusting.
The flames were brought under control by 9:30 a.m. and nobody was injured, but the workshop “has been entirely destroyed,” Swatch Group said. “The reasons of the incident are not yet known. The damages caused by the fire are considerable. It is nevertheless too early today to put a figure on the damage,” it added.
The Biel, Switzerland-based group, whose 19 brands range from luxury Breguet timepieces to more affordable plastic Swatch watches, produces movements for internal use, but also supplies major competitors including Compagnie Financière Richemont and LVMH Moët Hennessy Louis Vuitton.
In October, it won the right to gradually reduce deliveries of components by 2019 following a lengthy probe by Switzerland’s competition regulator, Comco. In recent years, rival watchmakers have been snapping up suppliers of movements, cases and dials to secure greater independence in anticipation of the Comco ruling.
Taking the final spot on the mens’ portion of New York Fashion Week calendar next month will be none other than @tomford. Though he’s shown his men’s wear in New York in the past, this will mark the first time the designer has shown his men’s collection alone during New York Fashion Week: Men’s. His runway show will debut on February 6 at the Park Avenue Armory. #wwdfashion
London-based couture house @ralphandrusso has certainly been in the spotlight, having its dresses worn by @beyonce, Angelina Jolie, Meghan Markle in her engagement photos and more. For couture, Tamara Ralph focused on ornamentation — think: feathers with chain mail, jet embroidery and clusters of pearls and crystals. See the rest of the collection on WWD.com #wwdfashion #couture (📷: @giovanni_giannoni_photo)
Minnie Mouse celebrated her 90th birthday by getting her own star on the Hollywood Walk of Fame. For her celebratory luncheon, @coach’s creative director @stuartvevers dressed her in a custom made prairie dress, complete with Vever’s take on the polka dot – black sequined versions – under a cropped motorcycle jacket. The designer also put his own mark on Minnie’s classic red shoes, infusing the color with sparkles and adding some Coach crystals. “We chose colors that were very Minnie and also represented quintessential Coach elements,” said Vevers. #wwdfashion #nationalpolkadotday (📷: George Chinsee)
@nickjonas is unveiling his first-ever apparel collection through a partnership with John Varvatos. The limited-edition capsule, which makes its debut in spring, also marks the first time the designer has collaborated with anyone on a line. “The process in working with Nick is amazing. It’s inspiring to be around someone who is not only connected with the trade that they do, but also with what’s happening in the environment around him, and how that connects to what we do with style,” said Varvatos. (RG: @johnvarvatos) #wwdfashion
@margotrobbie steps out onto the red carpet wearing @miumiu. The actress is nominated for “Outstanding Performance by a Female Actor in a Leading Role” in “I, Tonya” at the #SagAwards. (📷: Stewart Cook) #wwdfashion
For @massimogiorgetti of @msgm, the Nineties are his favorite decade. “They had a huge impact on my personal growth. What I like of the Nineties is that they are not so precise in terms of style as other decades…there was actually a bit of everything,” he said. As seen on MSGM’s Spring 2018 show: tie-dye and a bit of grunge, two styles that are synonymous with the decade #wwdfashion #wwddecades (📷: @kukukuba)