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sitanshi talati-parikh

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Category Archives: Interviews: Luxury Brands

Legacy Talk: Raymond Weil’s CEO Speaks About Their Musical History

03 Friday Apr 2015

Posted by sitanshi talati-parikh in Brand Watch, Interviews (All), Interviews: Luxury Brands, Publication: Verve Magazine

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Baselworld, Elie Bernheim, Interview, Interviews: Luxury Brands, Raymond Weil, Verve Magazine, Watches

Published in Vervemagazine.in April 3, 2015

The grandson of the late Raymond Weil, Elie Bernheim joined the company in 2004 and was appointed CEO last year. Here’s a Q&A with the dashing CEO:

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1. The brand has a strong link with the world of music. How did this come to be?
It is true, you are absolutely right, my late grandfather Mr. Raymond Weil had a infinite passion for music, so has my father Olivier Bernheim. My mother is a professional pianist, and I have been playing the cello and piano from a very early age. You can then easily understand how much music is part of our family story, and naturally splits into our Brand DNA. Since three years now, we have developed the concept of music marketing; hence trying every year to establish qualitative musical collaborations such as the examples you have seen this year in our novelties: the Nabucco timepiece inspired by Gibson, Sinatra’s 100 years of birth commemorative maestro timepiece or even our brand new complication: the Nabucco Cello tourbillon.

2. What is your opinion on ‘smart’ watches?
It is always wise to remain informed, updated and sensitive to new developments and innovations – but the tendency this year for Raymond Weil is to point on our watchmaking know-how and propose creative yet audacious timepieces that bear musical features.

3. Which current trend in horology is the most path-breaking?
It is very hard to say, but the sure thing is, if a watch brand remains faithful to its values and provides clients with an authentic, honest and a reasonably-priced collection it will definitely lead to a deserved recognition. I try every day to improve on the quality of the timepieces we propose to our clients. Taking care of the materials, the durability and the long-term readability of the timepiece: these are for me challenging objectives you can always improve on.

4. What do you think of the relevance of chronographs and tourbillon movements today for women?
My challenge this year in Basel was to present a watch that represents the best our actual inspiration — that is why I have encouraged my R&D staff to work on a very special project, this has lead to a superbly designed tourbillon timepiece, totally in line with our musical DNA. It is a gents’ watch, and I am convinced ladies will be sensitive to the approach as well. 45 to 50% of our collection is dedicated to women — we may integrate complications for ladies if it is of relevance for our product strategy — as we have already done in the past.

 

Premier Speak: Walter Von Kanel on Longines relationship with India

03 Friday Apr 2015

Posted by sitanshi talati-parikh in Brand Watch, Interviews (All), Interviews: Luxury Brands, Publication: Verve Magazine

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Baselworld, Interview, Interviews: Luxury Brands, Longines, Verve Magazine, Walter Von Kanel, Watches

Published, Vervemagazine.in, April 3, 2015

President of Longines, Walter von Kanel talks about India, politics, bureaucracy and Aishwarya Rai Bachchan

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Walter von Kanel is lively, intelligent and with a sharp sense of humour. You can have an easy chat with him which will lead to wide-ranging topics and he will know how to drive facts home. Over his many decades with Longines, the president is sure of himself and the brand and where it is headed — number one in their price segment from it’s current number 4 standing. He shares his views on India below.

  • I’ve brought the brand (Longines) to Number 4 in this industry. When you are over a billion swiss francs, it means a lot of money…it’s too many rupees that I cannot count. We brought this company to a very strong position. 
  • We have now very impressive distribution, according to the group governance where we respect all national laws. Your decision not to allow us to open our own shops for instance!
  • The Indian market is local and abroad the…? (NRIs) Yes, the NRIs! In India they drive you nuts with acronyms. It’s an Indian speciality.
  • With Brazil, India is the highest tax country…we respect it, because unlike Brazil, we don’t have to pay baksheesh. 
  • Rolex is good at number 1. (Taps a bunch of numbers.) It’s impossible to be number 1. I want to be number 1 in my price segment — in this industry it’s difficult to do everything. The name of the game is the price segment. Many people are coming to this segment now, we welcome them.
  • In this industry you have macro tendency. There is an evolution and no revolution. If you are a genius and have the most brilliant idea, you can’t be a genius alone — this industry is not Apple or Google or Samsung. The cycle is longer. 
  • I’m happy companies like Apple and Samsung are coming into the business. It is additional business for me. They change every few months. They will help us put a watch on the wrist of the younger generation. And one day this generation will be tired of these electronic watches and they will be looking at an analog watch. It is a status symbol. 
  • You (India) are one of the most populated companies in the world. Being the number 1 or 2 populated country in the world, you are number 24 of the 30 countries buying from us. The barriers are so big, that they buy from abroad rather than locally. For instance, we can open a shop anywhere in China, we are not blocked by Titan!
  • The Indian consumer in our price segment knows what they want. I’ve been many times to your country — to the pink building in Delhi! The quota, the licence, the duty… And I learnt one thing that the man with the power is not the minister, it is the guy who works for him, the secretary sitting outside. 
  • Indians have discount in their blood. You always bargain. Don’t you? (No.) Then you must be buying from a shop that doesn’t offer a discount!
  • India is a mature market. It was open to branded consumer goods much before China. Indians travel a lot abroad to cities where they may purchase these goods. But India itself as a market is not 100% open. 
  • In India there is no smuggling, we tell them not to buy from bandits. In luxury shops, if one retailer is selling fakes, he is killed — by the brand and the industry. Your fellow citizens smell the fakes. 
  • Your PM (Narendra Modi) says he is fighting against corruption. Give him a chance! In China they are very strict.
  • It’s nice to have Aishwarya Rai Bachchan (brand ambassador of Longines for 15 years), it’s nice to see her daughter, it’s nice to see her mom…. I was the guy who picked her, when I got a call saying it was time to negotiate with her. 

Baselworld 2015 and 2016: Watch it here!

01 Wednesday Apr 2015

Posted by sitanshi talati-parikh in Brand Watch, Interviews (All), Interviews: Luxury Brands, Publication: Verve Magazine

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Baselworld, Interviews: Luxury Brands, Verve Magazine, Watches

Baselworld 2015

Click here for Baselworld 2015… the low-down on all the hautest happenings at Baselworld 2015, straight from the heart of the watch expo

Baselworld 2015

Check out the 7 watch trends from Baselworld this year here. Timepieces in varying shades of blue, ‘smart watch’ prototypes and innovative complications… find out the biggest watch trends of 2015

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Raymond Weil’s CEO talks shop here. A quick Q&A with the CEO of Raymond Weil, Elie Bernheim, who speaks about their musical history

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Longines president Walter Von Kanel on India and watches here. President of Longines, Walter von Kanel talking about India, politics, bureaucracy and Aishwarya Rai Bachchan

Fabrizio Buonamassa
Fabrizio Buonamassa
Guido Terreni
Guido Terreni

Talking shop with Bulgari’s Fabrizio Buonamassa (director of the Bulgari Watches Design Center) and Guido Terreni (managing director of Bulgari Horlogerie).

TOP 6 TRENDS FROM BASELWORLD 2016

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In the 99th year of Baselworld, we came away less impressed than last year, despite there being 4,400 media reps and 145,000 participants. It seems that the brands are making 2016 the year of caution, with limited releases, innovations and flamboyance. Maybe this will help them “wait and watch” (no pun intended) until the luxury world is ready to explore new frontiers. Louis Vuitton was missing from the fair, and while the usual suspects held fort and rallied, they lacked the lustre of the previous years. Nevertheless we bring to you some of the key trends and big launches of the year. Read more here.

Interviews:

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Founder’s Tales: Aletta Stas-Bax for Fredrique Constant

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