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Company Profile

Vacheron Constantin

Vacheron Constantin SA is a Swiss luxury watch and clock manufacturer founded in 1755. Since 1996, it has been a subsidiary of the Swiss Richemont Group. Vacheron Constantin is the oldest continuously operating watch manufacturer in the world with an uninterrupted watchmaking history since its foundation in 1755. It employs around 1,200 people worldwide as of 2018, most of whom are based in the company's manufacturing plants in the Canton of Geneva and Vallée de Joux in Switzerland.

History
Early history The business was founded in 1755 by Jean-Marc Vacheron, an independent watchmaker in Geneva, Switzerland. He was a close friend of leading Enlightenment philosophers Jean-Jacques Rousseau and Voltaire due to their common interests in philosophy, science and watchmaking. In 1770, Vacheron's company created the world's first horological complication, and nine years later he designed the first engine-turned dials. The son of Jean-Marc Vacheron, Abraham Vacheron took over the family business in 1785. He was the first to initiate the company's exports to France and Italy. Later, Jacques-Barthélemy realized that he was not able to handle the business alone. In order to travel overseas and sell the company's products, he needed a partner. Consequently, in 1819, François Constantin became an associate of Vacheron. The letter was dated July 5, 1819. In 1880, the company started using the Maltese cross as its symbol until today. Notably, in the same year, Fabergé's 1887 Third Imperial Egg contained a Vacheron Constantin Lady's watch as the surprise. For the remarkable achievements of the company, Vacheron & Constantin was awarded a gold medal at the Swiss National Exhibition in Geneva in 1887. The first Vacheron & Constantin boutique in Geneva was opened in 1906. During the Great Depression, Vacheron & Constantin found itself in a difficult situation. Recent development George Ketterer died in 1969, and his son, Jacques Ketterer, succeeded as the head of Vacheron & Constantin. In 1970, the company officially changed its name to Vacheron Constantin. When Jacques Ketterer died in 1987, Vacheron Constantin changed hands. Sheik Ahmed Zaki Yamani, the former Oil Minister of Saudi Arabia and avid watch collector, became the company's majority shareholder, who then folded Vacheron Constantin into his personal portfolio of holdings. In 1996, the entire share capital of Vacheron Constantin was bought by the Swiss Richemont Group. In 2004, Vacheron Constantin opened its new headquarters and manufacture in Plan-les-Ouates, Geneva. The Vacheron Constantin headquarters building in Geneva was designed by Bernard Tschumi, and has been noted for its architectural significance. In October 2005, the Richemont Group named Juan Carlos Torres as the chief executive officer of the company. Currently, the company is an active member of the Federation of the Swiss Watch Industry FH, and produces about 20,000 timepieces per year. == Motto and slogan ==
Motto and slogan
The company motto of Vacheron Constantin is "Faire mieux si possible, ce qui est toujours possible (Do better if possible, and that is always possible)". The motto first appeared in a François Constantin's letter to Jacques-Barthélémy, and the letter was dated July 5, 1819. == Watch manufacturing ==
Watch manufacturing
, New York|alt= Notable inventions and patents The following are some of the notable achievements of Vacheron Constantin in watch manufacturing. • In 1790, created the world's first watch complication.'' • In 1955, produced the world's thinnest manual-winding movement, the Calibre 1003. == Notable models ==
Notable models
Most expensive pieces , New York • In 1979, Vacheron Constantin made Kallista, one of the most expensive wristwatches in the world. Its initial price was $5 million, but in 2016 the watch was valued at about $11 million. Kallista had 118 emerald-cut diamonds. It took about 6,000 hours for the watch masters to make this watch and about 20 months for jewelers to enrich the watch. • On April 3, 2005, the Vacheron Constantin pocket watch Ref. 402833 (1929), which was owned by King Fuad I of Egypt, fetched a final price of 2.77 million US dollars (3,306,250 CHF) in Antiquorum's Geneva auction. • On April 3, 2005, a Vacheron Constantin wristwatch Tour de I'lle fetched 1.56 million US dollars (1,876,250 CHF) in Antiquorum's Geneva auction. • On June 15, 2011, a Vacheron Constantin minute repeater pocket watch (1918), which was owned by James Ward Packard, was auctioned for 1.76 million US dollars in Christie's New York auction. Overseas wristwatch In 1996, Vacheron Constantin formally introduced a new high-end sports line called Overseas. The precursor of Overseas collection, however, was originally introduced in 1977 during the quartz crisis. The original version of Overseas was revamped in 2004, and was re-invented again in 2016. Some of the Overseas wristwatches also come with complications such as chronograph, World Time, tourbillon, moon phase, and so on. The designer was inspired by some of the company's watch models back in 1950s. In 2009, Vacheron Constantin decided to integrate the minute repeating complication into some of the Patrimony wristwatches, and the end product was the Patrimony Calibre 1731, the world's thinnest minute repeater. The current Patrimony collection also includes some other complications such as perpetual calendars, moon phase indicators, and so on. The company selected 12 masks from a private museum collection and reproduced them on a small scale. The miniaturized masks are featured in the dial centre of every watch from the 'Les Masques' collection. In 2012, Vacheron Constantin introduced the Métiers d'Art 'Les Univers Infinis' collection of timepieces featuring tessellation, a design of interlocking shapes inspired by the work of the Dutch artist M. C. Escher. 250th anniversary edition In 2005, Vacheron Constantin created the wristwatch "Tour de I'lle" to mark the anniversary of 250 years of Vacheron Constantin. The watch includes 834 parts and 16 horological complications, including tourbillon, minute repeater, moon phase as well as moon age, and took over 10,000 hours of research and development. On April 3, 2005, a Tour de I'lle wristwatch fetched a final price of 1.56 million US dollars (1,876,250 CHF) in Antiquorum's Geneva auction. The Reference 57260 is part of Vacheron Constantin's lineage of tailor-made grand complicated pocket watches since James W. Packard's pocket watch (1918), which was auctioned for US$1.763 million by Christie's in New York on June 15, 2011. In addition, the Vacheron Constantin pocket watch Ref. 402833 (1929), which was tailored for King Fuad I of Egypt, ranks as one of the most expensive watches ever sold at auction, fetching US$2.77 million (3,306,250 CHF) in Geneva on April 3, 2005. 270th anniversary edition In 2025, Vacheron Constantin unveiled La Quête du Temps, a clock that houses more than 6000 components, weighs 250 kilograms and stands one meter tall. It took seven years and multiple craftsmen to create the clock that celebrates Vacheron Constantin's 270th anniversary. That same year, Vacheron announced Métiers d’Art ‘Tribute to the Quest of Time’, a wristwatch limited to 20 pieces and a price point of approximately $1 million. , New York|alt=|200x200px , New York ==See also==
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