Historians specialised in the watch industry use to say that “HYT is writing the new pages of the history of watchmaking”. It is time to create modern systems, the ones that do not exist! By Vijaya@vishawatch.com In In Converstation, Stories. 31st. Triple-decker cases, curved surfaces and robust movements more than justify the price of Richard Mille watches loved by top sportsmen like Rafael Nadal. For HYT, technology is the stuff that dreams are made of. HYT don’t have the history of the other brands, some will say. Formerly the editor of the Tiempo de Relojes website, Rebecca joined The Jewellery Editor with a wealth of experience in watches. I am officially a Gumballer, along with my Dad (who is also my co-driver) and my Ferrari F355. Why should you choose them over the more established maisons? Consumers pay for what they believe they’re receiving, and with mechanical watches, they’re … I will now go ahead and list many (but not all) of the reasons that watches are so expensive. And collectors--particularly in Asian markets--can't get enough of these timepieces, which sell for upwards of $50,000. With it HYT can unveil watches that are slimmer and have a more approachable price range of $25,000 to $35,000. Berdoz says he expects 20% growth in 2016 as well. HYT refers to this arrangement as a ‘Rotating Dial’. When building a watch collection, collectors should acquire pieces that reflect their individuality and who they are as a person. HYT H1, Silver Dial - Titanium on Strap. That is a serious amount of money to spend and, for many, will represent a lifetime’s work. 696. Instead of using hands to indicate the passing hours and minutes, all HYT watches use a fluorescent fluid that travels in a glass tube propelled by an ingenious system of bellows. HYT timepieces offer a unique addition to any collection. Both companies were chaired by Berdoz--who has bought and sold a number of medical and real estate businesses--and HYT watches began production in 2012. When HYT Watches uses a patented fluidic module and exclusive mechanical calibre to bring to life distinctive watches highlighting time’s passage using liquids, it focuses on the power of the present, the very elixir of life. Behind the right eye is a rotating disc expressing the passing of each precious second as it fades from dark to pale. I am the founder of ATimelyPerspective.com. Housed in a sleek black ceramic case - no doubt to counter the heat of the flames - the baseplate of the sophisticated tourbillon calibre is skeletonised and reveals the Evil Eye through the back of the watch, nestled in the movement and ready to protect its wearer from any malign influences. HYT watches recently launched in India and the brand retails through multi-brand watch stores. September . With prototypes already in hand, Preciflex is exploring production options that involve either establishing a separate company to produce and market the fashion line or working with a watch brand that is capable of mass production. As e-commerce becomes a priority in our industry, we believe there is huge potential for engaging editorial content and are seeking a buyer who shares our values and passion so that under their guidance we can give a bright future to the platform and help us grow our business to the next stage. HYT’s fluidic module is designed to work for 20 years without having a leak at the molecular level, using techniques developed and used more commonly in the aerospace industries. Glowing in the state-of-the-art tourbillon movement is the Evil Eye, a talisman against dark forces featured in the new Richard Mille RM 26-02 watch. I cannot thank HYT enough for their hospitality. A collaboration between the Urwerk watch company and renowned pistol engraver Florian Güllert has resulted in this EMC Pistol watch. Watchmaking That Transforms People Is The Future : Gregory Dourde CEO HYT Watches. The idea for The Peaked Lapel came about by a rather circuitous route. Time is a flow, like a river. The mechanical watch will be more expensive. It takes a certain consumer to understand HYT’s philosophy, that is that the human perception of time is fluid. HYT H1 Watch - 148-TC-09-NF-FC $ 45,500. "HYT has a DNA as a luxury brand, so we will never be priced lower than the mid-20s, and we will always be hydro and mechanical," Vincent Perriard explains. After our initial successful introduction to the Indian market, we are looking at establishing the radical watch brand here.”. This technology joins forces with a mechanical movement in a coherent whole, symbolic of a fascinating fusion of time and space,” says Dourde. In an exclusive interaction with ‘Vishawatch’, the CEO of HYT Watches Gregory Dourde takes us through some of the distinctive pieces that are in store for the connoisseurs and the brand’s philosophy of watchmaking that “transforms people”. ", The new capital will also allow HYT to reduce the prices of a soon-to-be-released line of watches with an all-new movement. You may unsubscribe here. Additionally, Berdoz expects the new line (slated to be unveiled in 2018) will be produced in "thousands of pieces per year. In addition, Preciflex is exploring new fluid-driven medical devices, and HYT is poised to open a U.S. subsidiary that offers an aftersale program with fluid specialists to service customers' watches. When you are offered the chance to drive the complete range of newly launched Aston Martins, you don’t say no - and what a day it was. Starting with $30 million (including funds from Berdoz and private evergreen investor SVC, or Swiss Venture Club) to develop technology that did not exist in the industry before, Berdoz brought in watch veteran Vincent Perriard, who had successfully headed up TechnoMarine and Concord, to serve as CEO of HYT. So how can a company, started in 2012, convince people their watches are worth that amount? Gregory: HYT was launched in 2012 and the first watches were delivered in 2013. And he is being conservative. The RM 26-02 Tourbillon Evil Eye watch by Richard Mille displays the work of acclaimed craftsman Olivier Vaucher who has decorated the dial in sculpted flames and an eye of gold. “Placing time’s essential momentum center-stage, the counting of the minutes moves backstage, eliminating the need for a minute hand,” adds Dourde. Why are Richard Mille watches so expensive? Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Verified Dealer. "These new products will not be made under the HYT brand name, and because of the price and design concept, they will not compete with our business. The brand is targeting the watches towards not just luxury consumers, but also watch collectors who know and understand rare watches. He launched HYT in Switzerland seven years ago, with an investment of $30 million and three partners, including nuclear engineer Lucien Vouillamoz, who developed its far-reaching fluid system. Subscribe to receive newsletters, notification of new posts and other news. Read more about Urwerk's spaceship chic ladies' watches. In India, the watches are being retailed through multi-brand watch stores. On top of that, there are evenings in glamorous hotels and parties. Dourde, an engineering graduate from the Ecole National des Ponts & Chaussées, Paris and an ex-Cartier man leads a team that is exploring new frontiers of science and micro-engineering, revolutionising the watch industry with micro-fluidic mechanics. The futuristic fluid system is set in cases that are atypical for the watch world. Watch collectors are all unique individuals with their own ambitions, interests and personalities. These HYT watches are limited to just 25 worldwide. Verified Dealer. Subscribe. If you continue, we consider that you accept their use. The H3 watch takes things one step further and displays time in a linear continuum as the fluid is read off against six rotating cubes to display the 24-hour clock. Verified Dealer. Four gadgets you should invest in for good health. All Rights Reserved, This is a BETA experience. To be considering an HYT watch therefore you are likely to be wanting something a little different, to stand out from the crowd. Be warned though, only 25 of these Richard Mille watches will be produced, so if temptation to cavort with dark forces is high, hurry now to one of the 25 Richard Mille boutiques dotted around the world. Even though these two timepieces are linked to two different sports, there is a clear link between them, and a sporty attitude overall. These distinctive HYT watches use a coloured liquid flowing through the day in a tube of glass, that illustrates your past, what you have done, and an immiscible transparent liquid which represents your future, the things yet to come. According to Berdoz, this year's growth is coming not from volume (production will remain at around 400 pieces) but rather from the introduction of more expensive timepieces. It is amusing how often I hear about watch movements that took years to get working. Today’s reality is a watch that breaks new scientific ground, measuring time’s passage with a patented fluidic module that took 15 years of inspiration to develop. What makes a watch cost & worth nearly 7 percent of the average American's yearly cash intake? Consumers know the watch industry well. Luxury goods and lifestyle writer Rebecca began writing for the Financial Times in Mexico City in the early 1980s. But if you ask us, this color theme is so stylish that it should be added to HYT’s future line-up as well. Any watch expert or collector will tell you that a watch — particularly a high-end, all-frills luxury watch — and liquid are not the best of friends. Watch geeks will swoon with delight when they discover that a precision indicator at 10 o’clock shows the current rate of the watch - covering a range of +20 to -20 seconds per day - and its accuracy can be adjusted with a winding handle positioned on the right side of the case. Patrick Berdoz was the man who used liquid to indicate the time. ", "HYT has a DNA as a luxury brand, so we will never be priced lower than the mid-20s, and we will always be hydro and mechanical," Vincent Perriard explains. ... RM 032 automatic chronograph diver watch in red gold. These two liquids are immiscible. The Greeks began using them around 325BC. Clearly this will always be a subjective question and there will be some who will never believe these watches, or indeed how any watch, can be worth these sums. I travel the world in search of cutting-edge new innovations and behind-the-scenes news about people, products and the places they go. The limited edition H20 uses 3D transparency and a shape resembling a smooth stone that has weathered time to perfection, to, well, tell time. Sculpted from red gold, the flames and eye are hand-carved and then treated to grand feu enamelling to create a unique visual depth and richness of colour. Our inventions are recognised by our peers. Water clocks are an ancient concept. So how can a company, started in 2012, convince people their watches are worth that amount? News. Free shipping. Since founding The Jewellery Editor in 2010, we have grown our digital magazine to be the number one global source of information and inspiration for fine jewellery and luxury watches. Their designs are radical and, as such, they will either be instantly recognised as a great choice (the small minority) or will attract inquisitive glances (the overwhelming majority). LUXURY INTERIOR DESIGN IDEAS: LIMITED EDITION HOME SAFES. But it took a special ingenuity to create a beautiful timepiece that is fuelled by liquid. Our mission at HYT, is to rethink with a modern view our experience and interactions with watches. The new investment has also led to another development for the two companies. 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