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The success story of Patek Philippe, the luxury brand that produced the first wristwatch in history, dating back to the era of Queen Victoria

  • August 26, 2024
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carrots dates from the 19th centurythen we are talking about Patek Phillippe, the Swiss brand from which the famous watches are produced. A luxury watch brand for almost

carrots dates from the 19th centurythen we are talking about Patek Phillippe, the Swiss brand from which the famous watches are produced.

A luxury watch brand for almost two centuries Patek PhilippeHow was the world’s first wristwatch produced centuries ago?

Patek Philippe SA was founded in Switzerland in 1839 by Polish watchmaker Antoni Patek and his partner François Czapek.

The brand, which initially focused on the production of pocket watches, would eventually grow to become one of the most prestigious names in the luxury watch industry. In their early years, Patek and Czapek focused on the production of pocket watches. However, their partnership did not last long; It ended in 1845 and from that date Patekmade a fresh start with French watchmaker Adrien Philippe.

The new brand made strong strides. Adriaan Philippe, They developed the keyless winding mechanism and gradually improved this technology. The company changed its name to “Patek, Philippe & Cie” in 1851, and the watches produced during this period became the center of attention of the high society and the royal family.

Patek Philippe watches were exhibited at the Great Exhibition in London in 1851.

The exhibition features It also caught the attention of Queen Victoria The watches were highly appreciated. Moreover, the first wristwatch produced by the brand in 1868 was specially designed for Countess Koscowicz of Hungary.

After the death of Antoni Patek in 1877, the management took over It was succeeded by Adrien Philippe’s son Joseph Emile Philippe. Joseph Philippe signed major partnerships to increase the brand’s influence on the international arena.

During this period, the American banker Henry Graves Jr. The collaboration with Patek Philippe increased the prestige of Patek Philippe watches.

Graves played an important role in the brand’s production process and this collaboration led to the creation of Patek Philippe after World War I. Overcoming the Economic Crisis During the Great Depression It helped a lot.

In 1932, the Stern family purchased Patek Philippe. The Stern brothers, led by Charles and Jean Stern, had successfully managed the brand during times of crisis. During this period, one of the most iconic collections of Patek Philippe Calatrava was also introduced.

Patek Philippe in 1935was introduced to the American market by the New York-based Henri Stern Watch Agency and was introduced as a sister brand of Universal Genève.

Patek Philippe became president in 1958 by Charles Stern’s son, Henri Stern.

The first wristwatch.

Henri Stern appointed Alan Banbery as sales director in 1965. Banbery, the pocket watches from Patek Philippe and wrote important reference books on his chronographs. The brand’s Golden Ellipse collection from 1968 and the Nautilus collection from 1976 attracted attention. Although the Nautilus in particular was not very popular at first, it would eventually become one of the dream watches of watch lovers.

The brand, which has produced many watches over the years, in 2014; Introduced on the occasion of its 175th anniversary Grandmaster carillon, It won the title of both the most complicated watch in production and the most expensive watch at auction.

As of 2018, 46 of the 58 most expensive watches in the world were owned by Patek Philippe.

The company continues to maintain its quality and originality by slowly increasing the number of productions each year. Opened in Geneva in 2001 Patek Philippe Museumpreserves the brand’s more than 500-year heritage and watchmaking by presenting approximately 2,500 watches and more than 8,000 publications.

Patek Philippe is still run as a family business. in 1993 After Philippe Stern became presidentIn 2009, Thierry Stern took over the management of the company. Under Thierry Stern’s leadership, Patek Philippe maintains its deep-rooted watchmaking heritage and continues to innovate in watchmaking with modern technologies.

Sources: Patek Phillippe, Watches of Switzerland

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