Tiffany Production

[BigAppleBill]

Originally Posted by DoraTheExplorerII

That wouldn't be very smart of them. Tiffany stamped Hublot doesn't have the same ring to it at all.

Please. Have a little imagination. There are entirely new possibilities and synergies as a result of LVMH’s purchase of Tiffany that don’t lead to the stupidity of a Tiffany-signed Hublot. Change is inevitable. Aside from creating special haute horology LE pieces sold exclusively at Tiffany boutiques under some of LVMH’s existing brands, the Tiffany brand itself has incredible potential for development. Again, think of an incredible Zenith-made movement adapted exclusively for an entirely new Tiffany watch made to compete head-on with all the top watch brands.

Why in the world would LVMH not develop their own products, which are all very doable and within reality, rather than promoting their competitor’s watches and adding to Patek’s bottom line? The eventual move away from the Patek partnership is all but written on the wall. Change happens.

[dauster]

Originally Posted by BigAppleBill

Some interesting info here, but it’s all for naught because now that LVMH is taking over control of Tiffany, I think they will likely dissolve the Tiffany/Patek partnership. LVMH owns several other luxury watch brands that it can promote within Tiffany as well as the option of reinvigorating the mostly overlooked Tiffany brand of watches. Imagine a newly designed line of Tiffany luxury watches with Zenith movements.

One thing is for sure, if the Tiffany/Patek partnership ends, Tiffany stamped Patek models will become rarer and are sure to command even higher prices.

Is this confirmed or speculation?

[BigAppleBill]

Originally Posted by dauster

Is this confirmed or speculation?

LVMH announced the purchase of Tiffany recently. This is merely my take on where the new LVMH-owned Tiffany is headed.

[GreenLantern]

Is it bad that I care more about the Patek watchbox sized Tiffany box than the stamp on the dial? :)

[d11n]

Originally Posted by GreenLantern

Is it bad that I care more about the Patek watchbox sized Tiffany box than the stamp on the dial? :)

[GreenLantern]

Exactly.

[UmichNJ]

Originally Posted by BigAppleBill

Some interesting info here, but it’s all for naught because now that LVMH is taking over control of Tiffany, I think they will likely dissolve the Tiffany/Patek partnership. LVMH owns several other luxury watch brands that it can promote within Tiffany as well as the option of reinvigorating the mostly overlooked Tiffany brand of watches. Imagine a newly designed line of Tiffany luxury watches with Zenith movements.

One thing is for sure, if the Tiffany/Patek partnership ends, Tiffany stamped Patek models will become rarer and are sure to command even higher prices.

I’m not sure it’s a forgone conclusion. First, PP is a niche offering for Tiffany. I think it can co-exist with a more affordable Tiffany branded watch with an LVMH movement. Second, I know that the Arnaults are simpatico with the Sterns. If the Stern family is willing to maintain this historic relationship, I think the Arnaults would maintain it. This gives them at least a bit of insight into PP and (not starting any rumors here), makes them a logical acquirer if PP were to ever come up for sale.

[BigAppleBill]

Originally Posted by UmichNJ

I’m not sure it’s a forgone conclusion. First, PP is a niche offering for Tiffany. I think it can co-exist with a more affordable Tiffany branded watch with an LVMH movement. Second, I know that the Arnaults are simpatico with the Sterns. If the Stern family is willing to maintain this historic relationship, I think the Arnaults would maintain it. This gives them at least a bit of insight into PP and (not starting any rumors here), makes them a logical acquirer if PP were to ever come up for sale.

Thanks for the response. I appreciate the points you make, but I’m still convinced the partnership eventually dissolves as there’s really not enough compelling reason to continue to devote such a considerable amount of Tiffany resources to market and sell an outside brand.

[dauster]

Originally Posted by BigAppleBill

Thanks for the response. I appreciate the points you make, but I’m still convinced the partnership eventually dissolves as there’s really not enough compelling reason to continue to devote such a considerable amount of Tiffany resources to market and sell an outside brand.

Are you sure? I think it's great tool to sell the overpriced jewelry. I am sure there are plenty of husbands that like PP but that also spend a lot of money at tiffanys for their wifes.

[d11n]

it may all be moot....

Tiffany’s Purchase by LVMH Could Be the Next Deal Derailed by Coronavirus

https://www.barrons.com/articles/why...sk-51587761572

[DoraTheExplorerII]

Originally Posted by BigAppleBill

Please. Have a little imagination. There are entirely new possibilities and synergies as a result of LVMH’s purchase of Tiffany that don’t lead to the stupidity of a Tiffany-signed Hublot. Change is inevitable. Aside from creating special haute horology LE pieces sold exclusively at Tiffany boutiques under some of LVMH’s existing brands, the Tiffany brand itself has incredible potential for development. Again, think of an incredible Zenith-made movement adapted exclusively for an entirely new Tiffany watch made to compete head-on with all the top watch brands.

Why in the world would LVMH not develop their own products, which are all very doable and within reality, rather than promoting their competitor’s watches and adding to Patek’s bottom line? The eventual move away from the Patek partnership is all but written on the wall. Change happens.

No hollow conglomerate brand venture can ever hope to usurp highly collectible Patek Phillipe watches in brand cache, marketing prowess, or selling power. It's really funny to think that a Tiffany branded watch with a nicer Zenith movement could ever possibly replace Patek in sales. So many better watches out there in the same price range couldn't compete with Patek.

They already have a good thing going and all they have to do is print some words, something that is exclusive to them even. How hard can it be to keep going?

[BigAppleBill]

Originally Posted by DoraTheExplorerII

No hollow conglomerate brand venture can ever hope to usurp highly collectible Patek Phillipe watches in brand cache, marketing prowess, or selling power. It's really funny to think that a Tiffany branded watch with a nicer Zenith movement could ever possibly replace Patek in sales. So many better watches out there in the same price range couldn't compete with Patek.

They already have a good thing going and all they have to do is print some words, something that is exclusive to them even. How hard can it be to keep going?

Good points. I don’t think anybody would suggest that LVMH can instantly create a line of Tiffany watches to surpass the brand caché of Patek. Rather the issue is whether LVMH would want Tiffany to continue to promote a rival brand.

If you (LVMH) owned a business that already manufactured world-class watch movements and you acquired an iconic, premier luxury brand with an underdeveloped line of watches, and you suddenly had the capability to create a new line of highly regarded luxury watches that (if done right) could establish a new, valuable profit center within the luxury watch category, would you opt to pursue this? Or would you continue to devote significant (and valuable) square footage of your flagship store for an exclusive salon for a competitor’s watches, which serves to enhance the prestige, marketing and profits of your competitor?

[BigAppleBill]

Originally Posted by Aquawart

Do you think that the T stamp only really matters on certain watches i.e. Aquanaut and Nautilus and nobody would actually care if its on a 5524 / 5205 and certainly not be prepared to pay the premium.

There’s no better way to answer your question than to consult the free market to accurately determine how much of a premium the added Tiffany stamp garners. The percentage premium does appear to differ from one reference to another. A quick check of Chrono24 will provide you with information about particular references.