High-end watches are so far resisting the shocks from shaky markets worldwide, according to Girard-Perregaux president Luigi Macaluso."We're getting no negative signs from the U.S. and the atmosphere there is good," said Macaluso during a presentation of GP's latest models at London's Design Museum."Our real problem now, and we hope it continues in the future, is production and meeting demand," he said, adding it takes 18 months to craft a GP watch and that all movements are designed and made in-house. He said new markets such as India, China and Russia are thriving. "The Chinese customer is becoming a very demanding and sophisticated client," Macaluso said. "We're seeing increased demand from Indians living outside India and Russians everywhere are a good market for us."Macaluso has unveiled five new models, including one for consumption-minded women, called the ww.tc 24-hour Shopping. The $22,000 watch gives the time around the world, with zones marked by famous shopping meccas, including Bond Street, Via Montenapoleone, Ginza, Dubai, Rodeo Drive and Ipanema.The watch features 77 round diamonds for a total of 2.25 carats, a mother-of-pearl dial and an alligator strap. It's similar in design to the new men's ww.tc Financial Titanium watch that displays 24 time zones, as well as the business hours of the New York, London, Hong Kong and Tokyo stock exchanges.Other new models include the Bi-axial Tourbillon, inspired by a 19th-century pocket watch; the Vintage 1945, with off-center hour and minute hands on the enamel dial, and the Sea Hawk Pro 1000 Meters, made from steel and vulcanized rubber.All the new models will make their official debut at the Salon International de la Haute Horlogerie, or SIHH, in Geneva this spring. Macaluso said he's "optimistic" about future sales."Our watches are for collectors and connoisseurs," he added. "They're watches for the next generation, not something you buy on impulse. I suspect that all the brands at this level, including Breguet and Patek Philippe, are experiencing similar trends."
Exclusive: @dsquared2 signs fragrance licensing agreement with Euroitalia, with the first effort of the new partnership being unveiled in September. The brand will launch two scents – one for men and one for women – in Italy. Read our interview with designer Dean and Dan Caten on WWD.com. #wwdbeauty #wwdnews (📷: @zefashioninsider)
@louisvuitton has officially renewed Nicolas Ghesquière’s contract as artistic director of women's collections. "I am very pleased to open the next chapter of the story I started with Louis Vuitton almost 5 years ago," said Ghesquière, who first signed on to design the French luxury brand's women's line in 2013. Get all the details on WWD.com. #wwdnews #wwdfashion (📷: @giovanni_giannoni_photo)
“I learned then and there that I had to figure out a way in life to maintain and preserve my sense of pride when I felt good about what I did or what I represented or created,” said @saintrecords on how being bullied for wearing capri pants inspired her to be the artist she is today. Knowles was at the 70th Parsons Benefit last night where she outbid the room for a Dapper Dan customized @gucci experience. #wwdeye (📷: @lexieblacklock)
“There’s this amazing braintrust of people who know the whole universe so well. So we talked to them and they gave us more input,” said actor Alden Ehrenreich on playing the young Han Solo in “Solo: A Star Wars Story.” The cast was at NYC’s SVA Theatre last night for an advanced screening of the film, which hits theaters this week. #wwdeye #starwars #hansolo (📷: @aurorarosedecrosta)
@asaprocky spent nearly two hours in a Plexiglas box Sunday night at @sothebys putting himself through a series of “tests” to demonstrate the process of completing his new album called “Testing.” Get all the details and see all the pictures on WWD.com. #wwdeye
“I’ve struggled my whole life to find a bathing suit that fits me that doesn’t look like a maternity bra. I’m proud of the line because it’s an accurate representation of me rather than me putting on someone else’s clothes,” says @atlantabean of her swimwear collaboration with @piaarrobio, LPA X ATL. The two decided on a swimwear collab and increased the industry standard size for the pieces. Read more about the line — and our interview with de Cadenet Taylor and Arrobio — on WWD.com #wwdfashion
Exclusive: Cate Blanchett has been named the first global beauty ambassador for @armanibeauty. Blanchett has been the face of the brand’s Sì fragrance franchise since 2013, and is now representing all of the label’s beauty categories including makeup and skin care. #wwdbeauty (📷: @zefashioninsider)