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sitanshi talati-parikh

sitanshi talati-parikh

Tag Archives: Baselworld

Founder’s Tales: Fawaz Gruosi, De Grisogono

31 Monday Oct 2016

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

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Baselworld, De Grisogono, Fawaz Gruosi, Interview, Interviews: Luxury Brands, Jewellery, Verve Magazine, Watches

Published, Verve Magazine, October 2016

‘I think in volumes, I imagine in colours, I design in lights.’

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Fawaz Gruosi, the founder of the de Grisogono (1993) brand of jewellery and watches, is a garrulous personality, known for his ‘disruptive creations’. In a market filled with traditional jewellery, he took risks with bold designs, different materials and radical stones, like black diamonds. An exceptionally active man, he’s probably taken a total of three months off in 21 years! He explains why India wasn’t primed for conceptual jewellery and his love affair with the country….

What’s the India chapter all about in the De Grisogono tale?
I have had a bad experience with India. We opened an amazing shop six or seven years ago at Emporio in New Delhi. We were number 3 or 4 after Cartier and Chanel, the shop cost us a fortune. We did not have a problem selling watches; the jewellery was another story. The women wanted to know how much gold there was in each piece. The problem was that they didn’t understand the price of creativity, design and uniqueness!

After two years, our costs of maintaining the storefront was so high that we withdrew. But now, the brand is more known, there is likely to be a better attitude.

What defines the De Grisogono woman?
She is not defined by where she is from, physical attributes, or if she has an angelic face…. I think the beauty in the woman comes from her character. When a woman is sure of wearing something unusual, she wears it like she does not even remember that she has it on.

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How do you dream up these unconventional designs?
I am not someone who sits at a desk waiting for inspiration. I could design sitting here talking to you; it might just click in my head. And, I can imagine immediately a pair of earrings. Normally, my pocket is full of papers.

When I buy stones or I decide to do something very complicated, I never think about how much it will cost or how it will be priced. My creativity is linked to my heart. I just want the piece to be beautiful. Perfection doesn’t exist, but we try hard to find it…and to do what other people cannot do!

What does it take to create a luxury brand today?
Let your creativity flow and don’t be scared. If you have an idea, and you believe in it, go for it. Sometimes it will happen, sometimes it won’t. Success without a bit of risk is not realistic, unless you are part of a big group.

Have you been to India?
Several times. I have been to Mumbai and Delhi. I love India very much. I attended an amazing wedding about a year ago. I was also in love with an Indian girl and the long-distance relationship between New York and Geneva lasted a couple of years.

Founder’s Tales: Aletta Stas-Bax, Fredrique Constant watches

30 Sunday Oct 2016

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

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Aletta Stas-Bax, Baselworld, Fredrique Constant, Interview, Interviews: Luxury Brands, Verve Magazine, Watches

Published Verve Magazine, October 2016

‘True passion has always been the result of fine sensitive processes that happen over time ­— not the exploits of some exciting moment.’

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In 1988, checking out watch stores during a winter vacation in Bern, Switzerland sparked off the idea to start a “young watch company offering innovative products”. In 1991, Aletta Bax and Peter Stas were married and began working on the design and development of their first prototype watch. The next year they presented their horological offering at the Hong Kong trade fair and found, to their surprise, an order for 350 watches from a Japanese buyer. Aletta is the chief operations officer at Frédérique Constant, which has recently been acquired by Citizen, and is responsible for all the company’s day-to-day operations. She works on the development of new designs; most notably she played a major role in the introduction of the Double Heart Beat collection.

What’s the one word that you would use to describe your journey?
Passion.

Isn’t that what your book, Live Your Passion: Building A Watch Manufacture, is about?
It is a mix between a coffee-table and business book, one we worked on together with two journalists from Austria and Germany.

When you are busy building a venture you often do not get time to reflect….
And then you also learn to stand still. You realise that the people whom you work with are also important, in the end, you cannot do it all alone.

Tell us about your role in the Double Heart Beat collection.
It was around 2006. I wanted to have some more presence with the ladies’ collections. Hearts are something that women always like. That is why I designed the double heart. It is now an important pillar in our collection. We also link the heart collection with heart- and child-related charities, where we donate 50 dollars for each watch sold.

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Since last year, you have tied up with technology whereas others have only deliberated over it….
You are talking about our Horological Smartwatch. In the beginning, people were thinking that these are two different industries. While much of the Swiss watch industry remains traditional in thinking, we believe that if you can have a quartz watch with ‘connected’ (digital integration) features, then why should you not go in the direction of futuristic innovation, and why would the customers not be interested?

We need to integrate this whole system with cloud functionality, which is not our field. So, we found a partner who could do that. And, having sold 16,000 Horological Smartwatches, I can say that it is a pillar of Frédérique Constant; along with the ladies’ collection, with our new ambassador, Gwyneth Paltrow.

What’s the India story?
We started with a room five to six years ago, and last year, we grew 30 per cent. We have 40 to 42 per cent sales in India. We are really happy! The infrastructure is improving dramatically. I have visited the bigger cities — Mumbai, Delhi, Kolkata and Chandigarh — a few times. It’s an impressive country.

Bulgari’s Guido and Fabrizio reveal what women want…

30 Wednesday Sep 2015

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

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Baselworld, Bulgari, Interview, Interviews: Luxury Brands, Watches

Published in Verve Magazine, September 2015

Bold design, irony, marriage of materials and at the core of it all – authenticity, they let us in on the fashion house’s creative sensibility…

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The Bulgari booth at Baselworld 2015 is abuzz with conversations, flutes of champagne or cups with a caffeine kick (depending on your preference) and alive with sparkle and pizzazz. The spectacular neckpiece from the Diva collection that heralds you into the boudoir of timelessness, the displays of watches that suggest tradition, technique, innovation and that sure-fire bold touch which is all-Italian. The Octo Finissimo with its size-zero figure to the Serpenti with emerald eyes that conceals secrets and time. It is no wonder Elizabeth Taylor’s personal collection of Bulgari jewels rocked the screen in Cleopatra.

The Bulgari hospitality is warm, and the passion of the makers floods through with the top notes of its designs. As Fabrizio Buonamassa, the director of the Bulgari Watches Design Center (who moved from Fiat to Bulgari following his love for watches) says, “Bulgari’s style is pure in terms of shape and sometimes opulent in terms of attention to detail.”

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We notice how the brand — despite possibly attempting to rein in their desire to build a wide range of pieces — has enough to keep the most diverse customer satisfied. Is it any wonder that they have the pride of place at Baselworld — the moment you enter the fair, on your left is the sprawling ‘serpentine’ domain. How do they maintain a sense of aesthetic continuance through varied complications and bejewelled designs? Buonamassa explains: “Bulgari is a world of science and inspirations. You need to find the right language for the right products or you create strange objects! Women are all about emotions, and it is about finding the right shape and proportion while being consistent with the Bulgari values and rules. With men you are looking for performance, movement, engine, finishing…technical elements.”

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While we may not be certain we want to be pigeonholed into these categories — the Saphir Ultranero and the Diagono Magnesium, for instance, could be as fascinating to us as the Diva collection or the Giardini Nocturna — it would make sense for the design team to focus on what is a large target audience for their aesthetic sensibility and happy marriage of materials. Buonamassa agrees — pointing to a strong trend of ladies’ complication watches being merged with jewellery. “Bulgari is a part of the Italian design culture. Italian design is unique because it is not merely ‘form follow function’. It is about the ‘ironic’ — it plays with colours and materials in a different way, to give the object a second life. Only Bulgari is able to use tubogas for a watch and make this iconic in the luxury market. We play with constrains and often these very constrains become the turning point of the project and drive the aesthetics.”

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And how do you keep it relevant? “I manage the science of the company and imagine how I can transform this science into contemporary products and not just copy-paste from the archives. My approach is contemporary with respect for the roots and the evolution of the science.”

The gregarious Guido Terreni, managing director of Bulgari Horlogerie, drives home the fact that Bulgari, as a brand, is built on authenticity. “It’s about being true to your brand and your client. You can’t play around with your personality, and that’s exactly the same with a brand. The watches that are successful are successful for decades. Too much new stuff leads to confusion.”

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Terreni warms to the topic as he talks passionately about the various hallmarks of the Bulgari timepieces. “Serpenti is in the DNA of the brand since the past 70 years. Bulgari Bulgari, Diva, Lvcea are….” Iconic? “Iconic is an abused word. Everything is iconic in every brand. But Serpenti is truly iconic. When you are authentic and true to yourself, you are credible. And to be credible in luxury, you have to be credible in terms of style and craftsmanship, both. That’s why we have developed the know-how internally to address the competence of watchmaking. After all, the ladies are buying competence!”

With a diverse portfolio of luxury products, Bulgari has still made a mark with their watches, particularly their latest edition — the distinctive ‘vault-like’ smart watch (which moves beyond calculating calories burnt to storing valuable data). Terreni believes it’s a part of the core differentiation of the brand. “We have the technique at the service of the aesthetic and vice-versa. We are the only brand that thinks about technique and design simultaneously, we are not selling to watch freaks; we are selling to people who know what luxury is about and can recognise the authenticity of an idea and the craftsmanship in the watch. I love the idea generation, to see the design grow, to see the prototype become true…but this would be nothing if I don’t receive an emotion in return. Your emotion is the true reward of all this work. I don’t look for  ‘I like’, or ‘I don’t like’; I look for ‘Wow’.”

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:

Founder’s Tales: Fawaz Gruosi for De Grisogono

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

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