Generation wise: An interview with Jean-Claude Biver

How an old-school watch industry doyen is planning for the youthquake of the future

By Christian Barker 14/01/2019

If you can recall Pepsi’s mid- to late-eighties slogan ‘The Choice of a New Generation’, then you probably don’t belong to the new generation Jean-Claude Biver has got his eye on. While the 68-year-old watch industry legend certainly hasn’t neglected the more mature consumer (few youngsters have the wherewithal to purchase a six-figure timepiece, after all), unlike many in watchmaking, Biver is patiently cultivating the millennials who’ll grow into big-ticket watch buyers in years to come.

Actively engaging with millennials, Biver has learnt. “they are different in every aspect from previous generations. They dress differently, they listen to different music, they buy on the internet.” And not merely low-price items. “Who’d have thought that one day, anybody would buy a watch for $10,000 or more on (the) internet? People used to say, ‘You can’t buy a watch online, you have to go to a store, you have to put it on your wrist, see how it fits, blah blah blah’. No! Now, people will even buy cars on the internet,” Biver says, highlighting the clutch of Lamborghinis recently sold online in China – in a matter of minutes – during the annual shopping spree known as Singles’ Day.

“Luxury tends to be very traditional and people working in this industry, the traditional watchmaking industry, we have a tendency to repeat the past or address only the people that can buy our watches today,” Biver says. “We forget that there’s a new generation that is coming, and we also have to work to address and to communicate with this generation. Because if we cannot get them attracted to the idea of a watch when they are 18, 25 or 30, how can we sell them a watch later?”

Biver explains: “It’s the Ferrari effect. Why do so many young entrepreneurs, when they have their first big success in their startup or when they start to make money, want to buy a Ferrari? Easy! Because they have been dreaming about Ferrari since they were young.” Biver also asserts that the watch industry needs to begin winning over youth, even if their pocket money today falls far short of what’s required to buy a luxury watch. “If we don’t learn how this young generation communicates, if we cannot adapt our communication to them, we are going to lose them. We have to reposition our marketing, our products and our communication, and address this young generation –now. We have to instil dreams in their heads – now.”

As head of the watch division at luxury giant LVMH, Biver reigns supreme over the group’s brands Zenith, TAG Heuer (as CEO since 2014) and Hublot, where he first took the helm in 2004. Having previously resurrected Blancpain, turning the dormant brand into one of Switzerland’s most successful watchmakers and reaping a fortune when the company was sold to the Swatch Group, Biver set about building Hublot into one of the most renowned watch brands of this era. This he did by taking the philosophy of ‘The Art of Fusion’ – a phrase coined by Hublot founder Carlo Crocco in 1980, when he revolutionised the industry with the launch of the first watch melding a gold case with a rubber strap – to new levels of technical virtuosity and creativity.

A success right out of the gates, the Hublot ‘Big Bang’ chronograph that Biver launched at BaselWorld in 2005 met with an enthusiastic commercial and critical response, immense demand matched by critical acclaim, and plaudits including the design prize at that year’s Geneva Watchmaking Grand Prix. The brand would go on to present watches cast from myriad innovative ‘fusion’ materials, such as patented alloys Hublonium (magnesium and aluminium), King Gold (gold and platinum), Magic Gold (gold and ceramic) and Texalium (a carbon/ aluminium composite) – appealing to a contemporary, cutting-edge consumer. He and his successor as Hublot’s CEO, Ricardo Guadalupe, took the ‘fusion’ concept further by pioneering forward-thinking collaborations with non-traditional partners like Depeche Mode, Jay-Z, designer and tattoo artist Maxime Buchi, Chinese fashion and art photographer Chen Man and graffiti artists Hush and Tristan Eaton.

At TAG Heuer, meanwhile, under Biver’s leadership, millennial-targeted influencers including Bella Hadid and Cara Delevingne, EDM DJ Martin Garrix, Cristiano Ronaldo and graffiti artist Alec Monopoly have joined the ranks of brand ambassadors. “Alec Monopoly is a street
painter – you know, who would have thought to take a street painter to promote an expensive luxury watch? Nobody,” Biver exclaims. “Surely a street painter is not the proper way to promote such a watch? That was the perception in the past. Or to take someone like Jay-Z – would you believe that Jay-Z, a rapper, could be used as an ambassador to sell such an expensive product? No!” he cries in mock horror.

Continuing the association with urban music, this year Zenith launched three limited-edition timepieces in collaboration with rap super-producer Swizz Beats. In another unconventional match-up, Hublot recently worked with champion pugilist Floyd Mayweather. “A couple of decades ago, nobody would have believed you could take on somebody like Mayweather to sell a million-dollar watch. They’d have said you were crazy,” Biver believes. “Same for soccer. When Hublot went into soccer, sponsoring the FIFA World Cup, taking place in Russia this year … People 20 years ago would have said, ‘No, sorry you cannot promote this luxury product with football – are you crazy? Luxury should be promoted with golf, tennis, horse riding or yachting, but not with football – come on, guys!’”

Guided by Biver, TAG Heuer was the first luxury watchmaker to launch a smartwatch. This year, Hublot got in on the action with the Big Bang Referee 2018 FIFA World Cup Russia. The watch’s strap and dial display can be personalised to reflect national allegiance, and in addition to the usual smart features, it also possesses unique functionality that allows the wearer to track all the action, results and rankings of the tournament. The idea of a luxury smartwatch is anathema to many in the industry, but Biver says to capture the attention of the new consumer, fresh thinking is required.

“For the young generation, luxury is not necessarily related to the price. Luxury, for them, is exclusivity. They want something special, they want something that is made more or less for them,” he says. “Luxury means personal elevation. They are very keen on having something personalised.” Even if it’s only a t-shirt, Biver says, “provided it’s rare and nobody else has it, that for them is luxury. They have a perception of luxury that’s not just related to something being expensive.”

He says the environment is another important touchstone and that brands need to be conscious of the younger customers’ concerns surrounding sustainability and corporate social responsibility. “We are in the midst of an enormous change,” Biver says. In his opinion, few of his competitors have been sufficiently proactive in moving with the times. Slowly, he says, they’re wising up. They’d better. As Biver warns his contemporaries in the watch game: “Either we adapt or we disappear.”

ADVERTISE WITH US

Subscribe to the Newsletter

Stay Connected

You may also like.

Watch of the Week: TAG Heuer Formula 1 | Kith

The legendary sports watch returns, but with an unexpected twist.

By Josh Bozin 02/05/2024

Over the last few years, watch pundits have predicted the return of the eccentric TAG Heuer Formula 1, in some shape or form. It was all but confirmed when TAG Heuer’s heritage director, Nicholas Biebuyck, teased a slew of vintage models on his Instagram account in the aftermath of last year’s Watches & Wonders 2023 in Geneva. And when speaking with Frédéric Arnault at last year’s trade fair, the former CEO asked me directly if the brand were to relaunch its legacy Formula 1 collection, loved by collectors globally, how should they go about it?

My answer to the baited entreaty definitely didn’t mention a collaboration with Ronnie Fieg of Kith, one of the world’s biggest streetwear fashion labels. Still, here we are: the TAG Heuer Formula 1 is officially back and as colourful as ever.

As the watch industry enters its hype era—in recent years, we’ve seen MoonSwatches, Scuba Fifty Fathoms, and John Mayer G-Shocks—the new Formula 1 x Kith collaboration might be the coolest yet. 

TAG Heuer
TAG Heuer

Here’s the lowdown: overnight, TAG Heuer, together with Kith, took to socials to unveil a special, limited-edition collection of Formula 1 timepieces, inspired by the original collection from the 1980s. There are 10 new watches, all limited, with some designed on a stainless steel bracelet and some on an upgraded rubber strap; both options nod to the originals.

Seven are exclusive to Kith and its global stores (New York, Los Angeles, Miami, Hawaii, Tokyo, Toronto, and Paris, to be specific), and are made in an abundance of colours. Two are exclusive to TAG Heuer; and one is “shared” between TAG Heuer and Kith—this is a highlight of the collection, in our opinion. A faithful play on the original composite quartz watch from 1986, this model, limited to just 1,350 pieces globally, features the classic black bezel with red accents, a stainless steel bracelet, and that creamy eggshell dial, in all of its vintage-inspired glory. There’s no doubt that this particular model will present as pure nostalgia for those old enough to remember when the original TAG Heuer Formula 1 made its debut. 

TAG Heuer
TAG Heuer

Of course, throughout the collection, Fieg’s design cues are punctuated: the “TAG” is replaced with “Kith,” forming a contentious new brand name for this specific release, as well as Kith’s slogan, “Just Us.”

Collectors and purists alike will appreciate the dedication to the original Formula 1 collection: features like the 35mm Arnite cases—sourced from the original 80s-era supplier—the form hour hand, a triangle with a dot inside at 12 o’clock, indices that alternate every quarter between shields and dots, and a contrasting minuterie, are all welcomed design specs that make this collaboration so great. 

Every TAG Heuer Formula 1 | Kith timepiece will be presented in an eye-catching box that complements the fun and colour theme of Formula 1 but drives home the premium status of this collaboration. On that note, at $2,200 a piece, this isn’t exactly an approachable quartz watch but reflects the exclusive nature of Fieg’s Kith brand and the pieces he designs (largely limited-edition). 

TAG Heuer
TAG Heuer

So, what do we think? It’s important not to understate the significance of the arrival of the TAG Heuer Formula 1 in 1986, in what would prove integral in setting up the brand for success throughout the 90’s—it was the very first watch collection to have “TAG Heuer” branding, after all—but also in helping to establish a new generation of watch consumer. Like Fieg, many millennial enthusiasts will recall their sentimental ties with the Formula 1, often their first timepiece in their horological journey.  

This is as faithful of a reissue as we’ll get from TAG Heuer right now, and budding watch fans should be pleased with the result. To TAG Heuer’s credit, a great deal of research has gone into perfecting and replicating this iconic collection’s proportions, materials, and aesthetic for the modern-day consumer. Sure, it would have been nice to see a full lume dial, a distinguishing feature on some of the original pieces—why this wasn’t done is lost on me—and perhaps a more approachable price point, but there’s no doubt these will become an instant hit in the days to come. 

The TAG Heuer Formula 1 | Kith collection will be available on Friday, May 3rd, exclusively in-store at select TAG Heuer and Kith locations in Miami, and available starting Monday, May 6th, at select TAG Heuer boutiques, all Kith shops, and online at Kith.com. To see the full collection, visit tagheuer.com

 

Buy the Magazine

Subscribe today

Stay Connected

8 Fascinating Facts You Didn’t Know About Aston Martin

The British sports car company is most famous as the vehicle of choice for James Bond, but Aston Martin has an interesting history beyond 007.

By Bob Sorokanich 01/05/2024

Aston Martin will forever be associated with James Bond, ever since everyone’s favourite spy took delivery of his signature silver DB5 in the 1964 film Goldfinger. But there’s a lot more to the history of this famed British sports car brand beyond its association with the fictional British Secret Service agent.

Let’s dive into the long and colourful history of Aston Martin.

Buy the Magazine

Subscribe today

Stay Connected

What Venice’s New Tourist Tax Means for Your Next Trip

The Italian city will now charge visitors an entry fee during peak season. 

By Abby Montanez 01/05/2024

Visiting the Floating City just got a bit more expensive.

Venice is officially the first metropolis in the world to start implementing a day-trip fee in an effort to help the Italian hot spot combat overtourism during peak season, The Associated Press reported. The new program, which went into effect, requires travellers to cough up roughly €5 (about $AUD8.50) per person before they can explore the city’s canals and historic sites. Back in January, Venice also announced that starting in June, it would cap the size of tourist groups to 25 people and prohibit loudspeakers in the city centre and the islands of Murano, Burano, and Torcello.

“We need to find a new balance between the tourists and residents,’ Simone Venturini, the city’s top tourism official, told AP News. “We need to safeguard the spaces of the residents, of course, and we need to discourage the arrival of day-trippers on some particular days.”

During this trial phase, the fee only applies to the 29 days deemed the busiest—between April 25 and July 14—and tickets will remain valid from 8:30 am to 4 pm. Visitors under 14 years of age will be allowed in free of charge in addition to guests with hotel reservations. However, the latter must apply online beforehand to request an exemption. Day-trippers can also pre-pay for tickets online via the city’s official tourism site or snap them up in person at the Santa Lucia train station.

“With courage and great humility, we are introducing this system because we want to give a future to Venice and leave this heritage of humanity to future generations,” Venice Mayor Luigi Brugnaro said in a statement on X (formerly known as Twitter) regarding the city’s much-talked-about entry fee.

Despite the mayor’s backing, it’s apparent that residents weren’t totally pleased with the program. The regulation led to protests and riots outside of the train station, The Independent reported. “We are against this measure because it will do nothing to stop overtourism,” resident Cristina Romieri told the outlet. “Moreover, it is such a complex regulation with so many exceptions that it will also be difficult to enforce it.”

While Venice is the first city to carry out the new day-tripper fee, several other European locales have introduced or raised tourist taxes to fend off large crowds and boost the local economy. Most recently, Barcelona increased its city-wide tourist tax. Similarly, you’ll have to pay an extra “climate crisis resilience” tax if you plan on visiting Greece that will fund the country’s disaster recovery projects.

Buy the Magazine

Subscribe today

Stay Connected

Omega Reveals a New Speedmaster Ahead of the Paris 2024 Olympics

Your first look at the new Speedmaster Chronoscope, designed in the colour theme of the Paris Olympics.

By Josh Bozin 26/04/2024

The starters are on the blocks, and with less than 100 days to go until the Paris 2024 Olympics, luxury Swiss watchmaker Omega was bound to release something spectacular to mark its bragging rights as the official timekeeper for the Summer Games. Enter the new 43mm Speedmaster Chronoscope, available in new colourways—gold, black, and white—in line with the colour theme of the Olympic Games in Paris this July.

So, what do we get in this nicely-wrapped, Olympics-inspired package? Technically, there are four new podium-worthy iterations of the iconic Speedmaster.

Omega

The new versions present handsomely in stainless steel or 18K Moonshine Gold—the brand’s proprietary yellow gold known for its enduring shine. The steel version has an anodised aluminium bezel and a stainless steel bracelet or vintage-inspired perforated leather strap. The Moonshine Gold iteration boasts a ceramic bezel; it will most likely appease Speedy collectors, particularly those with an affinity for Omega’s long-standing role as stewards of the Olympic Games.

Notably, each watch bears an attractive white opaline dial; the background to three dark grey timing scales in a 1940s “snail” design. Of course, this Speedmaster Chronoscope is special in its own right. For the most part, the overall look of the Speedmaster has remained true to its 1957 origins. This Speedmaster, however, adopts Omega’s Chronoscope design from 2021, including the storied tachymeter scale, along with a telemeter, and pulsometer scale—essentially, three different measurements on the wrist.

While the technical nature of this timepiece won’t interest some, others will revel in its theatrics. Turn over each timepiece, and instead of a transparent crystal caseback, there is a stamped medallion featuring a mirror-polished Paris 2024 logo, along with “Paris 2024” and the Olympic Rings—a subtle nod to this year’s games.

Powering this Olympiad offering—and ensuring the greatest level of accuracy—is the Co-Axial Master Chronometer Calibre 9908 and 9909, certified by METAS.

Omega

A Speedmaster to commemorate the Olympic Games was as sure a bet as Mondo Deplantis winning gold in the men’s pole vault—especially after Omega revealed its Olympic-edition Seamaster Diver 300m “Paris 2024” last year—but they delivered a great addition to the legacy collection, without gimmickry.

However, the all-gold Speedmaster is 85K at the top end of the scale, which is a lot of money for a watch of this stature. By comparison, the immaculate Speedmaster Moonshine gold with a sun-brushed green PVD “step” dial is 15K cheaper, albeit without the Chronoscope complications.

The Omega Speedmaster Chronoscope in stainless steel with a leather strap is priced at $15,725; stainless steel with steel bracelet at $16,275; 18k Moonshine Gold on leather strap $54,325; and 18k Moonshine Gold with matching gold bracelet $85,350, available at Omega boutiques now.

Discover the collection here

 

Buy the Magazine

Subscribe today

Stay Connected

Here’s What Goes Into Making Jay-Z’s $1,800 Champagne

We put Armand de Brignac Blanc de Noirs Assemblage No. 4 under the microsope.

By Mike Desimone And Jeff Jenssen 23/04/2024

In our quest to locate the most exclusive and exciting wines for our readers, we usually ask the question, “How many bottles of this were made?” Often, we get a general response based on an annual average, although many Champagne houses simply respond, “We do not wish to communicate our quantities.” As far as we’re concerned, that’s pretty much like pleading the Fifth on the witness stand; yes, you’re not incriminating yourself, but anyone paying attention knows you’re probably guilty of something. In the case of some Champagne houses, that something is making a whole lot of bottles—millions of them—while creating an illusion of rarity.

We received the exact opposite reply regarding Armand de Brignac Blanc de Noirs Assemblage No. 4. Yasmin Allen, the company’s president and CEO, told us only 7,328 bottles would be released of this Pinot Noir offering. It’s good to know that with a sticker price of around $1,800, it’s highly limited, but it still makes one wonder what’s so exceptional about it.

Known by its nickname, Ace of Spades, for its distinctive and decorative metallic packaging, Armand de Brignac is owned by Louis Vuitton Moët Hennessy and Jay-Z and is produced by Champagne Cattier. Each bottle of Assemblage No. 4 is numbered; a small plate on the back reads “Assemblage Four, [X,XXX]/7,328, Disgorged: 20 April, 2023.” Prior to disgorgement, it spent seven years in the bottle on lees after primary fermentation mostly in stainless steel with a small amount in concrete. That’s the longest of the house’s Champagnes spent on the lees, but Allen says the winemaking team tasted along the way and would have disgorged earlier than planned if they’d felt the time was right.

Chef de cave, Alexandre Cattier, says the wine is sourced from some of the best Premier and Grand Cru Pinot Noir–producing villages in the Champagne region, including Chigny-les-Roses, Verzenay, Rilly-la-Montagne, Verzy, Ludes, Mailly-Champagne, and Ville-sur-Arce in the Aube département. This is considered a multi-vintage expression, using wine from a consecutive trio of vintages—2013, 2014, and 2015—to create an “intense and rich” blend. Seventy percent of the offering is from 2015 (hailed as one of the finest vintages in recent memory), with 15 percent each from the other two years.

This precisely crafted Champagne uses only the tête de cuvée juice, a highly selective extraction process. As Allen points out, “the winemakers solely take the first and freshest portion of the gentle cuvée grape press,” which assures that the finished wine will be the highest quality.  Armand de Brignac used grapes from various sites and three different vintages so the final product would reflect the house signature style. This is the fourth release in a series that began with Assemblage No. 1. “Testing different levels of intensity of aromas with the balance of red and dark fruits has been a guiding principle between the Blanc de Noirs that followed,” Allen explains.

The CEO recommends allowing the Assemblage No. 4 to linger in your glass for a while, telling us, “Your palette will go on a journey, evolving from one incredible aroma to the next as the wine warms in your glass where it will open up to an extraordinary length.” We found it to have a gorgeous bouquet of raspberry and Mission fig with hints of river rock; as it opened, notes of toasted almond and just-baked brioche became noticeable. With striking acidity and a vein of minerality, it has luscious nectarine, passion fruit, candied orange peel, and red plum flavors with touches of beeswax and a whiff of baking spices on the enduring finish. We enjoyed our bottle with a roast chicken rubbed with butter and herbes de Provence and savored the final, extremely rare sip with a bit of Stilton. Unfortunately, the pairing possibilities are not infinite with this release; there are only 7,327 more ways to enjoy yours.

Buy the Magazine

Subscribe today

Stay Connected