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| In ] Vacheron Constantin introduced the Metiers d'Art 'Les Masques' collection of timepieces featuring the miniature reproductions of primitive art masks. The Company selected twelve masks from a private museum collection and reproduced the masks on a small scale. The miniaturized masks are featured in the dial center of every watch from the 'Les Masques' collection.<ref> (eng)</ref> | In ] Vacheron Constantin introduced the Metiers d'Art 'Les Masques' collection of timepieces featuring the miniature reproductions of primitive art masks. The Company selected twelve masks from a private museum collection and reproduced the masks on a small scale. The miniaturized masks are featured in the dial center of every watch from the 'Les Masques' collection.<ref> (eng)</ref> | ||
| On ], 2008, 2003 "Ref. 5002P Sky Moon ]" platinum ] ] wristwatch made the world record as the most expensive modern ] sold at ] ]'s for HK$11.75 million ($1.49 million). It erased the previous record of Vacheron Constantin "Tour de l'Ile sold at Antiquorum for $1.4 million in Geneva in 2005.<ref></ref> | |||
| ==Collections== | ==Collections== | ||
Revision as of 06:47, 11 April 2008
 | |
| Company type | Member of the Richemont Group |
|---|---|
| Industry | Watch manufacturing |
| Founded | 1755 by Jean-Marc Vacheron |
| Headquarters | Geneva, Switzerland |
| Key people | Jean-Marc Vacheron and François Constantin, founders |
| Products | Prestige watches |
| Website | http://www.vacheron-constantin.ch |
Vacheron Constantin is a Swiss manufacturer of prestige watches and a brand of the Richemont group. It currently employs around 400 people worldwide, most of whom are based in the manufacturing plant; a modern building in Geneva. The brand is established in almost 80 countries around the world, distributed through 15 boutiques that sell no other brand, as well as a network of over 500 carefully selected points of sale.
History
Vacheron Constantin was founded in Geneva, Switzerland in 1755 by Jean-Marc Vacheron. This makes it the oldest watch manufacturer in the world with an uninterrupted history. Besides being a young businessman, Vacheron was also a talented craftsman. In 1770 his company created the first complication, and nine years later he designed the first engine-turned dials.
The son of Jean-Marc Vacheron, Abraham, took over the family business in 1785. During this period the company was able to survive the French Revolution (1789–1799). Later, in 1810, the head of the company becomes the grandson of the founder Jaques-Barthélemy. He was the first to initiate the company's exports to France and Italy.
Later, Jaques-Barthélemy realized that he was not able to handle his business alone. In order to travel overseas and sell the company's products, he needed a partner. Consequently, in 1819 François Constantin became the associate of Vacheron. The company continued its activity under the name "Vacheron & Constantin".
François Constantin traveled around the world and marketed watches. Thus he helped the company to open new markets. The main market was North America. The company's motto (which remains today), "Do better if possible and that is always possible", first appeared in Constantin's letter to Jaques-Barthélémy. The letter was dated July 5th, 1819.
In 1839 Vacheron & Constantin hired Georges-Auguste Leschot. His job was to supervise the manufacturing operations. Leschot was an inventor and his creations turned out to be successful for the company. His inventions had a great impact on the watchmaking industry in general. He was the first person to standardize movements into Calibers.
In 1844 Georges-Auguste Leschot was awarded with a gold medal. The Arts Society of Geneva highly appreciated his pantographic device, a device that was able to mechanically engrave small watch parts and dials. This invention pushed Vacheron & Constantin forward much further than other watchmakers.
Later, after Constantin's death in 1854, and Vacheron's death in 1863, the company was taken over by a series of heirs. At one point, the company was headed by two women.
In 1862 Vacheron Constantin became a member of the Association for Research into non-magnetic materials. Later in 1885, the company created the first nonmagnetic timepiece which included a complete lever assortment made of materials able to withstand magnetic fields. Its construction included a balance wheel, balance spring and lever shaft that were made of palladium, the lever arms - in bronze and the escape wheel was in gold.
In 1877 "Vacheron & Constantin, Fabricants, Geneve" became the official name of the company. In 1880, Vacheron & Constantin started using its symbol, which is kept till nowadays, the Maltese cross. The latter was inspired by a component of the barrel. The part had a cross-shape and it was used for limiting the tension within the mainspring.
In 1887, was reorganized into a stock company. For the remarkable achievements of the company it was awarded with a gold medal at Swiss National Exhibition. The event took place in Geneva in 1887.
The first boutique in Geneva was opened by Vacheron Constantin in 1906. This store can be seen today on Quai de l’Ile. During the Great Depression Vacheron & Constantin found itself in a difficult situation and the only one to bring hope was Charles Constantin. He became the head of the company in 1936 and it was the first time since 1850s that a representative of the Constantin family received the position of Vacheron & Constantin's president.
When the World War II occurred the company's sales considerably decreased. However, Vacheron & Constantin was able to come back on the watch market due to Georges Ketter.
After 200 years in the watch-making industry Vacheron & Constantin proved that it is still among the leaders in creating innovations. To outline the beginning of the 3rd century of its watchmaking the company created Patrimony - the world's thinnest watch which had only 5.25mm thickness.
In 1970 the "&" was dropped from Vacheron & Constantin.
Vacheron Constantin is the company that some watch enthusiasts consider to be the creator of one of the most expensive wristwatches, which was entitled Kallista. It was made in 1979 and its initial price was $5 million. Today, however, the watch is valued at about $11 million. Kallista had 118 emerald-cut diamonds. It took about 6,000 hours for the watch masters to make this watch and about 20 months for the best jewelers in the world to enrich the watch.
When Georges Ketter passed away in 1987, Vacheron Constantin changed hands. However its sales improved and today the company produces about 20,000 timepieces per year. In 1996 the entire share capital of the company was bought by Richemont Group.
The beginning of the 21st century market Vacheron Constantin's new sports line called Overseas, which was introduced in 2003. In 2003 a new collection from Vacheron & Constantin was launched. The name of the collection is Egérie and it is the first one to include watches for women.
The Richemont Group named, in October 2005, Juan Carlos Torres as the Chief Executive Officer of the Swiss watchmaking company. Vacheron Constantin is considered to be company that was able to create one of the most complicated wristwatches in the world entitled Tour de I'lle. It was created in 2005 to mark the anniversary of 250 years of Vacheron Constantin. The watch includes 834 parts and 16 horological complications. It was only available through the Vacheron Constantin shop in Geneva, Switzerland and sold for more than $1 million.
In 2004 Vacheron Constantin opened its new headquarters and Manufacture in Plan-les-Ouates, Geneva.
In 2007 Vacheron Constantin introduced the Metiers d'Art 'Les Masques' collection of timepieces featuring the miniature reproductions of primitive art masks. The Company selected twelve masks from a private museum collection and reproduced the masks on a small scale. The miniaturized masks are featured in the dial center of every watch from the 'Les Masques' collection.
On April 10, 2008, 2003 "Ref. 5002P Sky Moon Tourbillon" platinum Patek Philippe tourbillon wristwatch made the world record as the most expensive modern wristwatch sold at Hongkong Sotheby's for HK$11.75 million ($1.49 million). It erased the previous record of Vacheron Constantin "Tour de l'Ile sold at Antiquorum for $1.4 million in Geneva in 2005.
Collections
References
- Vacheron Constantin Metiers d'Art 'Les Masques' (eng)
- uk.reuters.com, Watch sets record price at Hong Kong auction
External links
- Official Website
- Official Vacheron Constantin Discussion Forum
- Vacheron Constantin - The Oldest Watchmaking Company? - Disputing the fact that Vacheron Constantin is the oldest watchmaker
- Vacheron Constantin - Facts of Life - Other facts from the life of the manufactory
- Article in Men's Vogue
- Vacheron Constantin Watch Index A very handy reference index of current Vacheron Constantin watches, listed by case material, bracelet material, size, dial color, calibre and model number.