8 Watch Industry Predictions for 2022

Thoughts on what’s coming from those in the know.

By Victoria Gomelsky 11/01/2022

Forecasts are notoriously difficult to get right. But that hasn’t stopped us from trying. We asked a mix of people familiar with the luxury watch trade the same question: What is your boldest prediction for the watch industry in 2022?

Their answers, which have been lightly edited for clarity, ranged from the obvious (Rolex prices will rise) to the far-out (see collector Morgan King’s fantastical prediction), but all of our respondents agreed on one point: The high-end watch category is destined for another blockbuster year.

Paul Altieri

Paul Altieri; Rolex Submariner Ref. 16800

Paul Altieri; Rolex Submariner Ref. 16800 Bob’s Watches

Inflation numbers are finally reflecting reality, so I expect Rolex prices to continue their upward trend as demand far outweighs supply for the year ahead. As a subset, vintage Rolex watches should continue to beat other asset classes as more and more collectors enter the market. All vintage Rolex models have experienced a surge in value over the past five years. But there are a few models that are still what I call “hidden values”—watches that are slightly under the radar. These would be the Submariner 16800 and the Submariner 168000.

Kelly Yoch

Kelly Yoch

Kelly Yoch Kelly Yoch

Last year left us all scratching our heads concerning the increasing demand for all luxury products in general. People that were not interested before are now interested in joining the “timepiece ownership party.” Be prepared for the indies. Imagine opening your Instagram and seeing something no one has—how novel! I am excited for all of it.

William Massena

William-Massena

We’ll see brands separating from the four big groups: LVMH, Kering, Richemont and Swatch. There will be pressure from the shareholders to reduce costs and to maximize returns and a lot of those brands will be much better off as independents. It will take years, if not a decade, for this to happen, but in 2022, we will see the beginning of the de-consolidation.

Keith Davis

Keith Davis; Kurono Bunkyo Watch

Keith Davis; Kurono Bunkyo Watch Crhistie’s

In looking ahead at 2022, I expect, unsurprisingly, more growth, but most importantly, a broadening of the market. Five years ago, it felt as if everyone in the auction room or collector space were all after the same watches. Collectors all talked about the same watches and everyone understood very clearly what was important and what was not. 2021 has demonstrated that this is no longer the case, and that’s a great thing! As the market is broadening, more spaces are opening up for collectors to live.

For example, in looking at our New York online sale, we saw the consistent understood results for watches like Patek Philippe 5102G celestial and what we would expect for vintage references such as Rolex Ref. 8171 in yellow gold. However, we had a new segment of bidders bring extraordinary results for timepieces such as MING and Kurono Bunkyo. In looking at our Geneva live and online sales, early important pocket watches brought tremendous results that haven’t been seen in years.

Sean Song

Sean Song

Watch dealer Sean Song with some of the goods in his space at the St. Regis Kuala Lumpur, Malaysia. Song wears a Daniel Roth C127 Retrograde. Lucas Veuve

My prediction is a huge return to more classical dress watches, mainly in the independent sector. It has been happening gradually already in 2021, but with the insane hype of sport watches such as the Nautilus and Royal Oak, a lot of people have been priced out of this segment and in general do not want to pay the huge premiums. The big value currently lies in neo-vintage pieces from the ’90s, with brands such as early Daniel Roth, Breguet and Parmigiani as ones to watch.

Asher Rapkin

Asher Rapkin

Asher Rapkin Asher Rapkin

There will be a renaissance in the watch industry, both from a creative and business standpoint. This year has the opportunity to greatly increase the diversity of collectors—and watches—in circulation, growing the community and encouraging innovation across the board.

The rapidly growing interest in independents and the lack of “Old Guard” inventory will lead collectors previously nervous about taking risks on lesser-known makers or vanguard designs to open their minds just as the watch world moves to increase access through an embrace of e-commerce as a primary sales channel and authentication through blockchain. This means more opportunity for watchmakers to follow their hearts and make what they want, a higher likelihood consumers will open their minds to these new designs, and much simpler paths to purchase and resale than have existed before.

Morgan King

Morgan King; Rolex Air-King

Morgan King; Rolex Air-King Morgan King; Rolex

Rolex! Rolex! Rolex! The Milgauss and Air King are due for a change. Many have speculated that they will be either discontinued or upgraded. I say boldly that Rolex will combine the two lines to make — wait for it — the new 2022 Rolex Mil-King. With every Mil-King watch sold, each lucky owner will be double lucky and receive a pair of prototype kicks: the 2022 Nike Air-Gauss! These will be magnetic so you can literally stand sideways on magnetic refrigerators! “Just Two It.

To be more boldly realistic, I predict there will be a meteorite Submariner with a sweeping red second hand… OMG! Another bold 2022 prediction is that Omega will be releasing a farewell edition Omega Speedmaster with the 3861 calibre with the theme of man leaving the moon (a tribute to astronaut Gene Cernan, who, on December 1972 on the Apollo 17 mission, became the last man to walk on the moon). Limited production of 1,972 pieces, of course!

Laetitia Hirschy

Laetitia Hirschy

Laetitia Hirschy.

My boldest prediction is that watches will become the new “must have” accessory. Appreciation of fine watchmaking will start to move further away from a niche luxury interest and transition into the mainstream. Fueled by growing demand from a more diverse population, the industry will increasingly adopt inclusive messaging across demographics such as gender, age and culture.

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Minerality in Wine, Explained: How It Affects Taste, Aroma and Texture

And an exploration of the regions that produce great mineral-driven varietals.

By Mike Desimone And Jeff Jenssen 07/05/2024

If you have taken part in a wine tasting, read an article about wine, or even glanced at the back label of a bottle of wine, you have likely encountered the word minerality. But defining what that means exactly is where the problems can start—even wine experts disagree on what it is and how it expresses itself in the glass.

Minerality refers to a flavour profile and often a palpable sensation in the mouth. The flavours generally involve rocks or fossils, such as stone, river rock, flint, gravel, slate, asphalt and oyster shell. There is also a sense of salinity, often derived from volcanic soils, that is a component of mineral-driven wines. This is different from other earthy flavours such as forest floor or peat. When we host tastings, very few people will own up to having licked rocks as a child, but almost everyone has gotten a stray bit of oyster or clam shell in their mouth and can recall the taste and texture. Most of us can remember the scent of a chalkboard or pencil lead from our childhood, and even those who have never fired a gun are familiar with flint or gunpowder from firecrackers.

When minerality is discussed, it is often a quality ascribed to white wine such as Riesling, Assyrtiko, Sauvignon Blanc or Burgundian Chardonnay. We may not hear about minerality in red wine so much because the oak used for maturation may mask the flavours and aromas associated with minerality. However, two reds sometimes described as having mineral qualities are those from the volcanic soils of Mount Etna in Sicily and the shale and quartz vineyards of Priorat in Spain. A prime example of the mineral-driven style is Chablis in the northernmost reaches of Burgundy, whose wines are made with 100 percent Chardonnay. The wines have a distinctly different character than the oaky, buttery style prevalent in Napa Valley and further south in Burgundy.

Walking through the vineyards of Chablis you can see abundant fossilised oyster shells that date back 150 million years to the Upper Jurassic period, when this area was at the bottom of the sea. Dig a bit; you will find calcified ammonites and spiral-shaped cephalopods from the same era. While vineyard soil is a discussion for another day, the grey limestone here is called Kimmeridgian, named for the village of Kimmeridge in Dorset, England, where it was first identified. As Thierry Bellicaud, president of Domaine Laroche in Chablis told Robb Report, “The Kimmeridgian limestone soil, which is unique to this area, delivers all needed nutrients for the balance of the vines. The terroir nurtures the vines which then express its personality in the grapes.”

Fossils from ancient seabeds contribute to the flavour of the wine.
DOMAINE LAROCHE, CHABLIS, FRANCE

Asked how soil composition influences one of Domaine Laroche’s wines, Bellicaud referenced its Chablis Grand Cru Les Blanchots, “Les Blanchots is a unique terroir made of a layer of white clay on Kimmeridgian limestone with ammonites. This is the ideal combination to keep the right amount of water for the roots. The southeast exposure allows slow ripening and favours aroma development. It is one of the areas in the appellation where you can easily find oyster fossils (called Exogyra virgula). The Grand Cru Les Blanchots is delicate, refined and silky in texture.”

Assyrtiko from Santorini is almost always described as possessing a mineral quality as well as a touch of salinity, which can be attributed to the black volcanic soil in which it grows as well as to the Aegean Seaspray that wafts over the island’s vineyards. Mosel Valley Riesling’s leanness and flinty character come from the red and blue limestone in which it is cultivated.

Italy’s Soave region is also known for the minerality of its wine. Alessio Inama, third-generation family leader and director of sales, marketing and communication at Inama Azienda Agricola, told Robb Report, “Soave Classico is a volcanic region with soil made up of basaltic rocks, volcanic tuffs and ashes that date back 30 million years. The soils offer minerals in their natural form, which impact the composition of the plants themselves. In the case of grape vines, the soils have a major influence on the resulting flavours of the wines, which are mineral and floral.”

Known for their scrupulous mapping of micro-plots within their vineyards, the Inamas produce several different Soave wines made with the Garganega grape. Inama I Palchi Foscarino Grande Cuvée Soave DOC is crafted from the family’s best plots on Monte Foscarino. Inama explained, “The soil of Foscarino is a mix of pure magma, ashes and basaltic rocks that deteriorated over millions of years into a dark clay that is extremely rich in minerals. The grapes from those 40-year-old vines have strong personality, great intensity and texture, delivering a complex bouquet of white flowers, citrus notes and flinty sensations.”

The Priorat wine region in Spain is known for its minerality.
SCALA DEI, PRIORAT, SPAIN

While the sensation of minerality can be less obvious in red wines, Spanish Garnacha and Sicilian Nerello Mascalese are two grapes that often exhibit it, thanks to both the locales from which they hail as well as the often-judicious use of oak. The slopes of eastern Sicily’s Mount Etna are covered with volcanic soils composed of pumice, black ash and basalt. Priorat, a region close to Barcelona in northeast Spain, is blessed with black quartz, slate and mica soils called llicorella. Here you will find vineyards covered with small fragments of black and grey striated rock sitting atop blue and red soils embedded with the same.

Ricard Rofes, winemaker at Scala Dei in Priorat, refers to its Mas Deu vineyard as one of the winery’s “jewels.” The origin of Scala Dei Tribut and Masdeu, it sits 800 meters (2,625 feet) above sea level. Rofes told Robb Report, “In this elevated area the clay and limestone soils are ideal for growing Grenache, giving the wine that touch of acidity and freshness that makes it unique. The red-clay soils and the altitude of the vineyards located in the lap of the Sierra de Montsant give it freshness and the llicorella soils impart a genuine imprint. Our wine is the pure expression of the fruit and the terroir with a distinct personality.”

 

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Best of Europe: Six Senses, Switzerland 

Mend in the mountains at Crans-Montana.

By The Robb Report Team 06/05/2024

Wellness pioneer Six Senses made a name for itself with tranquil, mostly tropical destinations. Now, its first alpine hotel recreates that signature mix of sustainable luxury and innovative spa therapeutics in a world-class ski setting. 

The ski-in, ski-out location above the gondola of one of Switzerland’s largest winter sports resorts allows guests to schuss from the top of the Plaine Morte glacier to the hotel’s piste-side lounge, where they can swap ski gear for slippers, then head straight to the spa’s bio-hack recovery area to recharge with compression boots, binaural beats and an herb-spiked mocktail. In summer, the region is a golf and hiking hub. 

The vibe offers a contemporary take on chalet style. The 78 rooms and suites are decorated in local larch and oak, and all have terraces or balconies with alpine views over the likes of the Matterhorn and Mont Blanc. With four different saunas, a sensory flotation pod, two pools
and a whimsical relaxation area complete with 15,000 hanging “icicles” and views of a birch forest, the spa at Six Senses Crans-Montana makes après ski an afterthought.

You can even sidestep the cheese-heavy cuisine of this region in favour of hot pots and sushi at the property’s Japanese restaurant, Byakko. Doubles from around $1,205; Sixsenses.com

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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

 

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Best of Europe: Grand Hotel Des Étrangers

Fall for a Baroque beauty in Syracuse, Italy.

By Robb Report Team 06/05/2024

Sicily has seen a White Lotus–fuelled surge in bookings for this summer—a pop-culture fillip to fill up its grandes dames hotels. Skip the gawping crowds at the headline-grabbers, though, and opt instead for an insider-ish alternative: the Grand Hotel des Étrangers, which reopened last summer after a gut renovation.

It sits on the seafront on the tiny island of Ortigia in Syracuse, all cobbled streets and grand buildings, like a Baroque time capsule on Sicily’s southeastern coast. 

Survey the entire streetscape here from the all-day rooftop bar-restaurant, Clou, where the fusion menu is a shorthand of Sicily’s pan-Mediterranean history; try the spaghetti with bottarga and wild fennel or the sea bass crusted in anchovies. Idle on the terrace alfresco with a snifter of avola, the rum made nearby. 

Image: Benedetto Tarantino

As for the rooms, they’ve been renovated with Art Deco–inflected interiors—think plenty of parquet and marble—but the main asset is their aspect: the best of them have private balconies and a palm tree-fringed view out over the Ionian Sea. Doubles from around $665; desetranger.com

 

 

 

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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.

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