Era Watch Company
 | |
| Private | |
| Industry | Watches, clocks, watch cases and parts |
| Founded | 1884 |
| Founder | Christian Ruefli-Flury |
| Headquarters | Les Genevez, Switzerland |
Key people | Christian Hotz (CEO) |
| Products | luxury wristwatches, accessories |
| Revenue | U.S. $10.64 million (2014) [1] |
| Parent | Era Watch Company |
Montres Edox et Visa SA is a Swiss manufacture of luxury wristwatches [2] that operates under the Era Watch Company. Christian Ruefli-Flury, a watchmaker originating from Grenchen, Switzerland, founded the company in 1884 in Biel/Bienne. Edox has remained in continuous production since their foundation.[3]
History
Ruefli-Flury used the ancient Greek word Edox as a trademark, and designed the "1900" hourglass to serve as a visual symbol for the company's brand. Robert Kaufman-Hug took over the company when Ruefli-Flury died in 1921. He led the company's transition from pocket watches to become the first wristwatch-exclusive watch maker.
By 1955 the company employed 500 people and moved to a new factory. The Delfin line of watches launched in 1961, with industry-first double case backs for high standards of shock protection, water resistance, and ruggedness. The Hydrosub line was launched in 1963 featuring the first crown system with tension ring allowing waterproofness of 500 meters. In 1965 Victor Flury-Liechti took over the company from his uncle, and invested in new manufacturing technologies. This led to the 1970 Geoscope timepiece, the first watch covering all time-zones. In 1973, the third-generation Delfin was released. It used elements from to the Gerald Genta-designed Audemars Piguet Royal Oak.
With the rise of Japaneses watches and the Quartz Crisis in the 1970s, the company became an affiliate of the General Watch Company, a sub-holding company of ASUAG. As part of the move, Technos and Certina was transferred to the Biel/Bienne Edox location. At the end of the downturn in the Swiss watch industry in 1983, Edox re-gained independence when the company was sold to Victor Strambini Montres Vista SA and moved to Les Geneveys, Jura Mountains. It has since remained a family-owned company. The Edox Les Bémonts Ultra Slim was released in 1998. With a movement thickness of 1.4 mm, it still holds the record for the slimmest calendar watch.
The Delfin line was restarted in 2013 with a new model based on the 1973 edition. In 2014, the company celebrated their 130th anniversary by releasing updated, limited-edition versions of their Geoscope, Les Bémonts, and Hydrosub timepieces.
Sponsorship and clientele
The company sponsors the Extreme Sailing Series, Dakar Rally (now held in South America)[4][5] and is sponsor and official timekeeper of the World Rally Championship.[6] The manufacture also produces diving watches for UIM Class 1.
Notable wearers of Edox watches include Olympic swimmer Mireia Belmonte, race car drivers Benito Guerra, Scott Mclaughlin and Petter Solberg, as well as U.S. actors Andrew Garfield and Bruce Willis.[7]
Distribution and price
The company produces 70,000 to 90,000 watches annually, each retailing at an average price of $1,600 to $2,200 USD.[8]
References
- ↑ Hoover's, Dun & Bradstreet (14 June 2015). "Financials Information for Montres Edox et Vista S.A.". hoovers.com/. Hoover's. Retrieved 14 June 2015.
- ↑ "Luxury Swiss watch Edox to be launched in Brunei". bt.com.bn. Retrieved 2015-05-24.
- ↑ Yukino Kano (3 April 2014). "Style: Baselworld 2014, Vol. 2". NILE. Retrieved 7 Feb 2015.
- ↑ KL Watches (4 January 2012). "EDOX DAKAR LIMITED EDITION". KL Magazine (in Spanish). Retrieved 1 July 2012.
- ↑ Suisse Auto Mag (23 December 2011). "Edox "Dakar" Edition Limitée". Suisse Auto Mag (in Swiss). TRACTION INTEGRALE. Retrieved 1 July 2012.
- ↑ Amy Tokic (26 April 2012). "Edox X-Treme Pilot III Watch Inspired by WRC Drivers". AutoGuide.com. VerticalScope Inc. Retrieved 1 July 2012.
- ↑ Jambora, Anne (2 June 2015). "Record-breaking freediver wore this watch under Arctic ice". lifestyle.inquirer.net. Philippine Daily Inquirer. Retrieved 14 June 2015.
- ↑ RAPHAEL MINDER (9 December 2011). "Swatch, Supplier to Rivals, Now Aims to Cut Them Off". The New York Times. The New York Times Company. Retrieved 1 July 2012.