Collectible masterpieces
Demand for Jaeger-LeCoultre's intricate watches outpaces supply. By Dylan Tan
A JAEGER-LECOULTRE for aspiring collectors and watch aficionados - that's what the brand's new chief executive officer Daniel Riedo is aiming for.
Since taking on the role in July this year, the over-demand and under-supply of Jaeger-LeCoultre's luxurious timepieces is one of the main challenges he's faced with. But he adds it's an industry problem in the Swiss luxury watches market as the global passion for collecting continues to catch on like wildfire.
"The market requires more pieces than we can produce - especially with high complication ones - so we must increase our capacity," states Mr Riedo firmly. He was in Singapore for a brief visit last month when Jaeger-LeCoultre staged a two-day exhibition celebrating its 180th anniversary. It featured a selection of exceptional timepieces, including the Hybris Mechanica collection which highlights the brand's mastery in haute horlogerie, and on display for the first time in Singapore.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Lifestyle
Former Zouk morphs into mod-Asian Jiak Kim House, serving laksa pasta and mushroom bak kut teh
Massimo Bottura lends star power to pizza and pasta at Torno Subito
Victor Liong pairs Aussie and Asian food with mixed results at Artyzen’s Quenino restaurant
If Jay Chou likes Ju Xing’s zi char, you might too
Mod-Sin cooking izakaya style at Focal
What the fish? Diving for flavour at Fysh – Aussie chef Josh Niland’s Singapore debut