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Swiss Made
Success story
Artem Skachkov
Marketing manager at Noblesse
Watch of XXI century




Phone
The most reliable and practical watch in
2013
Facts & Figures
Swiss watch industry in facts & figures
Swiss watch industry
                  Switzerland
                 Area: 41 284 km²
                 Population: 7 700 200 people
                 GDP: more than $ 636 billion
                 Languages: French, German, Italian,
                  Romansh
                 Government: federal republic
                 Districts: 26 cantons
                 Capital: Bern
Swiss watch industry
                  Switzerland
                 Export: 19 300 mln. EURO
                 Produced: 29.8 mln. pieces
                 Production centers: cantons Vaud,
                  Geneve, Neuchatel, Jura
Watch sales
                                                           7%
                                                          15%

                                                          18%
                 81%



                                                          60%

                10%
                 7%
                 2%
               Quantity                                   Value
                       Switzerland   Japan     Others   China


*data from research of Harward Business School, 2010
Watch facts




1 mm
Height of Rado ceramic case
Watch facts




1 200 m
Waterresistance of Omega watch
Watch facts




1 500 parts
Make up Franck Muller movement
Watch facts




0,2 sm2
Area of Jaeger-LeCoultre watch
Watch facts




10 vibrations
Makes every second balance wheel of
Zenith watch
Watch facts




840 Co
Temperature at the oven to produce
Ulysse Nardin dial
Professional language
Basic terms of fine watchmaking
Watch types




 Mechanical   Quartz
Watch types




 Self-wound   Hand-wound
Watch types




 Self-wound   Hand-wound
Watch types




   ???        ???
Watch dictionary




Movement
IMPORTANT! Terms and names
Watch dictionary
               Escapement
               A mechanism that is fitted
                between the gears and
                the regulating organ to
                suspend the gears' motion
                at regular intervals



                   Pendulum
Watch dictionary
                    Balance
               A circular, moving part which
                oscillates on its rotational
                axis




                       Heart
Watch dictionary
                         Bezel
               A     ring around the case
                   middle       that secures
                   the crystal.




                      Top ring
Watch dictionary
                     Guilloche
               A        decorative     engraving
                   technique in which a precise
                   intricate repetitive pattern
                   or design is mechanically
                   engraved into an underlying
                   material with fine detail


                   Decoration
Watch dictionary
                     Calibre
               A synonym of size. Used to
                denote the layout and
                dimensions of the different
                movement
                pillars, wheels, barrel, etc.



                   Movement
Watch dictionary
                      Jewels
               An international term for the
                jewels (rubies) in a watch
                movement that are used as
                bearings for pivots to reduce
                friction.



                   Bearings
Watch dictionary
                   Vibrations
               Movement of a pendulum or
                oscillating body between
                two extreme positions.
                An oscillation ("tick-tock")
                equals two vibrations



                   Tick-Tock
Watch dictionary
                      Rotor
               A semi-circular disc that
                freely rotates with each
                movement of the arm
                to automatically wind
                the mainspring.


                   Winding
Watch dictionary
               Chronograph
               A watch combined with a
                mechanism which can be
                started,    stopped       and
                returned to zero on demand
                to measure intervals of time



                   Stop-watch
Watch dictionary
               Chronometer
               A high-precision watch displaying
                 seconds whose movement has
                 been controlled over a period
                 of several days, in different
                 positions and at different
                 temperatures, by an official
                 neutral body


               Precise watch
History
From home manufacture to stock exchange
Watch history




Marine chronometer
Watches with gyroscope
Watch history
  John Calvin
 Birth: 10 july 1509
 Education: theology, law
 Reforms:
      Creation of city council
      Death penalty
 Ideas:
      “Life at the wealth, death in
       the poverty”
      “Denial of decorations”
Watch history
  Geography
 Area: mountains of Alps and Jura
 Average temperature: from +4 to
  +6
 Precipitation: up 2 000 sm/year
 Language: French
 Cantons: Geneva, Vaud, Neuchatel
Watch history




Workshop
Home-based production of watch
components
Watch history




Manufacture
Industrial watch production
Watch history




Evolution
From pocket to wrist watch
Watch history
                  Rapid Development factors
                 Innovative progress in:
                      Aviation
                      Diving
                      Military
                      Engineering
                 Pursue of precision
                 Coroporate and government orders
Watch history




Quartz crisis
Apparent death of Swiss watch industry
Watch history
  Quartz crisis
 Quartz watches:
       Battery powered
       Highest precision
       No winding
       Digital analogue display
 Fuel crisis:
       USD value fall
       CHF value growth
 Results:
       Production fall from 90 000
        pieces to 33 000 pieces
Watch history
                                         Gunter
                   Franck Muller
                                         Blumlein
                     Fanck Muller
                                         Richemont




Ernest                         Nicolas Hayek              Rolf W.
Schneyder                                               Schneider
                                    SWATCH
Breitling                                            Ulysse Nardin




   Renaissance
   Founding fathers of new Swiss watch
   industry
Founding fathers
                   Gunter Blumlein

               • Life: 1944-2001
               • Company: LMH (in 1981) – later a
                 grew into Richemont Group
               • Brands:         IWC,       Jaeger-
                 LeCoultre, A.Lange & Sohne
               • Gave second life to A.Lange&Sohne
               • “Savior” of Jaeger-LeCoultre from
                 bankruptcy
Founding fathers
                      Franck Muller

               • Life: 1958-present
               • Company: Franck Muller Group
                 (founded in 1991)
               • Master of Complications
               • Watchmaker (Ecole d'Horlogerie de
                 Genève)
               • Co-Founder and partner – Vartan
                 Sirmakes
Founding fathers
                      Nicolas Hayer

               • Life: 1928-2010
               • Company: Swatch Group (from
                 1985)
               • Brands:
                 Breguet, Blancpain, Omega, Jaquet
                 Droz, Longines, Rado, Tissot, Hamilt
                 on, Swatch, CK
               • Engineer, 2 PHDs
               • Creator of SMART car
               • “King” of Swiss watches
               • 232nd wealthiest person
Founding fathers
                   Rolf W. Schnyder

               • Life: 1935-2011
               • Company: Ulysse Nardin (bought in
                 1983)
               • Traveler, athlete
               • Most of the life spent in Asia
                 (Malaysia, Thailand, China, Vietnam
                 )
               • Worked with Ludwig Oechslin
Founding fathers
                   Ernest Schneider

               • Life: 1921-present
               • Company:     Breitling   (bought   in
                 1979)
               • Professional pilot
               • Watchmaker and microelectronics
                 engineer
               • Non-public person
               • Lead Breitling to manufacture status
Watch history




Manufacture
 Modern production site
Brands
TOP watch brands
Watch brands
Watch brands
                Breguet

                Founded: 1775
                Founder: Abraham-
                 Louis Breget
                Brand meaning:
                 Founder’s last name
                Town: Valle-de-Joux
Watch brands
                Achievements

                Invented tourbillon
                Invented hairspring
                Created dial guilloche
                Produced first wrist
                 watch
Watch brands
                Hublot

                Founded: 1980
                Founder: Carlo Crocco
                Brand meaning: in
                 French bull`s eye
                Town: Nyon (suburbs of
                 Geneva)
Watch brands
                Achievements

                First watch on rubber
                 bracelet
                Proficency in material
                 combination
                 (titanium, ceramics, etc.
                 )
Watch brands
                IWC

                Founded: 1868
                Founder: Florentine
                 Ariosto Jones
                Brand meaning: short
                 for International Watch
                 Company
                Town: Schaffhausen
Watch brands
                Achievements

                The only watch
                 company in German
                 speaking Switzerland
                Masculine brand
                Programmed calendar
                 for 500 years
                Classical pilot watches
Watch brands
                Jaeger-LeCoultre

                Founded: 1833
                Founder: Antoine
                 LeCoultre
                Brand meaning: names
                 of partners (Edmond
                 Jaeger and Jaques-
                 Davide LeCoultre)
                Town: Valle-de-Joux
Watch brands
                Achievements

                Creator of
                 milionometer
                Full cycle
                 manufacturing
                Inventor of
                 gyrotourbillon
                Development of
                 Extreme LAB watch
Watch brands
                Omega

                Founded: 1848
                Founder: Louis Brandt
                Brand meaning: fro
                 calibre named Omega
                 (idea of perfectness)
                Town: Biel/Bienne
Watch brands
                Achievements

                Watch of Apollo 11
                 astronauts
                Olympics’ official
                 timekeeper
                James Bond watch
                Development of Co-
                 Axial escapment
Watch brands
                Patek Philippe

                Founded: 1839
                Founders: Antoni Patek
                 and Fransua Chapek
                Brand meaning: name of
                 partners (Antoni Patek
                 and Jean-Adrien Philippe
                Town: Plan-les-Ouates
Watch brands
                Achievements

                Inventor of crown
                #1 at antiquarian
                 auctions
                Champion of precision
Watch brands
                Romain Jerome

                Founded: 2004
                Founder: NA
                Brand meaning: NA
                Town: Geneva
Watch brands
                Achievements

                Watches with Titanic
                 parts
                Watches with Moon
                 dust and parts of Apollo
                 11
                Developer of capsule
                 collection concept
                Watches for
                 professional golfers
Watch brands
                Rolex

                Founded: 1908
                Founder: Hans Wilsdorf
                Brand meaning: NA
                Town: Biel/Bienne
Watch brands
                Achievements

                Waterresistance record
                Largest watch
                 production
                First automatic watch
                First certified
                 chronometer
Watch brands
                Ulysse Nardin

                Founded: 1846
                Founder: Ulysse Nardin
                Brand meaning: name
                 of the founder
                Town: Le Lockle and
                 La Chaux-de-Fonds
Watch brands
                Achievements

                Most reliable marine
                 chronometers
                Most complicated
                 watches – Guiness book
                 of records
                The only jaquemarts
                 watches
                Watches with silicon
                 parts
Watch brands
                Vacheron Constantin

                Founded: 1755
                Founder: Jean-Mark
                 Vacheron
                Brand meaning: name
                 of partners (Jaques-
                 Barthélemy Vacheron
                 and François
                 Constantin)
                Town: Plan-les-Ouates
Watch brands
                Achievements

                Most ancient
                 manufacture
                First antimagnetic
                 watch
Business
Watch holdings, fairs and rewards
Watch business
                   Franck Muller Group

   Rolex Group                            LVMH




Richemont Group                          Swatch Group



 Holding companies
 Largest conglomerates
Watch business
              FMG
       Franck Muller Group

• Fonded: 1991
• Brands:
     • Franck Muller, CVSTOS, Pierre
       Kunz, Backes&Strauss, Martin
       Braun, Smalto, European
       Watch
       Company, Rodolphe, Roberto
       Cavalli, Pierre Michel Golay
• President: Vartan Sirmakes
Watch business
             LVMH
  Louis Vuitton Moet Hennessy

• Founded: 1987
• Brands:
     • Zenith,      Hublot,     TAG
       Heuer, Dior, BVLGARI, Chaume
       t
• President: Bernard Arnault
Watch business
   Richemont Group
   (ex-LMH: Les Manufactures
          Horlogeres)
• Founded: 1986
• Brands:
     • A.Lange&Sohne, Dunhill, Bau
       me&Mercier, Cartier, IWC, Jae
       ger-LeCoultre,          Roger
       Dubuis, Montblanc, Panerai, Pi
       aget,                Vacheron
       Constantin,               Van
       Cleef&Arpels, Ralph Lauren
• President: Johann Peter Rupert
Watch business
        Rolex Group

• Founded: 1946
• Brands:
     • Rolex, Tudor
• President: Gian Riccardo Marini
Watch business
        Swatch Group
       (ex-SMH: Swiss Corporation for
Microelectronics and Watchmaking Industries)

 • Founded: 1985
 • Brands:
       • Breguet, Blancpain, Omega, Ja
         quet
         Droz, Longines, Rado, Tissot, H
         amilton, Balmain, Certina, Mid
         o, Endura, Swatch, Calvin
         Klein, Flik Flak, Leon Hatot
 • President: Neyla Hayek
 • CEO: Nick Hayek
Watch fairs




 Baselworld
Watch fairs




 SIHH
 Salon International de la Haute Horlogerie
Watch fairs




 WPHH
 World Presentation of Haute Horlogerie
Price
Watch complications scale
Watch complications




Small second
Watch complications




Power reserve
Watch complications




Date
Watch complications




Big date
Watch complications




Day of the week
Watch complications




Month
Watch complications




Moonphase
Watch complications




Retrograde hands
Watch complications




Chronograph
Watch complications




Dual Time
Watch complications




GMT
Watch complications




Alarm
Watch complications




Skeletonized dial
Watch complications




Annual calendar
Watch complications




Perpetual calendar
Watch complications




Minute repeater
Watch complications




Jaquemarts
Watch complications




Tourbillon
Watch price
               Materials

               Platinum
               Gold
               Titanium
               Carbon fibre
               Steel
               Composite materials
               Rare materials
After sales service
Taking care of Swiss watches
Watch service




Atmos
The only perpetual watch
Watch service
                 Reasons

                 Strokes
                 Temperature (oil inside)
                 Water (waterristance
                  rules)
                 Scratches
                 Time (full service)
Watch service




Service center
Repairs are made at certified service center
only
Watch service




Watchwinder
Taking care of automatic watches
Watch service




Leather strap
Service period up to 1.5 years
Watch waterresistance
< 30m (3am)    • No water contact



 30m - 50m     • Minimum water contact - hand washed with watches on



 50m - 100m    • Some contact with water -car washed with watches on



100m - 200m    • Swimming with watches on



200m - 500m    • Active leisure on water with watches on



>500m (50am)   • Diving with watches on
Watch waterresistance




 Crown
 Never use in water!
Thank you!
Swiss Done
Q&As

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Introduction to Fine Swiss Watchmaking

  • 3. Watch of XXI century Phone The most reliable and practical watch in 2013
  • 4. Facts & Figures Swiss watch industry in facts & figures
  • 5. Swiss watch industry Switzerland  Area: 41 284 km²  Population: 7 700 200 people  GDP: more than $ 636 billion  Languages: French, German, Italian, Romansh  Government: federal republic  Districts: 26 cantons  Capital: Bern
  • 6. Swiss watch industry Switzerland  Export: 19 300 mln. EURO  Produced: 29.8 mln. pieces  Production centers: cantons Vaud, Geneve, Neuchatel, Jura
  • 7. Watch sales 7% 15% 18% 81% 60% 10% 7% 2% Quantity Value Switzerland Japan Others China *data from research of Harward Business School, 2010
  • 8. Watch facts 1 mm Height of Rado ceramic case
  • 9. Watch facts 1 200 m Waterresistance of Omega watch
  • 10. Watch facts 1 500 parts Make up Franck Muller movement
  • 11. Watch facts 0,2 sm2 Area of Jaeger-LeCoultre watch
  • 12. Watch facts 10 vibrations Makes every second balance wheel of Zenith watch
  • 13. Watch facts 840 Co Temperature at the oven to produce Ulysse Nardin dial
  • 14. Professional language Basic terms of fine watchmaking
  • 18. Watch types ??? ???
  • 20. Watch dictionary Escapement A mechanism that is fitted between the gears and the regulating organ to suspend the gears' motion at regular intervals Pendulum
  • 21. Watch dictionary Balance A circular, moving part which oscillates on its rotational axis Heart
  • 22. Watch dictionary Bezel A ring around the case middle that secures the crystal. Top ring
  • 23. Watch dictionary Guilloche A decorative engraving technique in which a precise intricate repetitive pattern or design is mechanically engraved into an underlying material with fine detail Decoration
  • 24. Watch dictionary Calibre A synonym of size. Used to denote the layout and dimensions of the different movement pillars, wheels, barrel, etc. Movement
  • 25. Watch dictionary Jewels An international term for the jewels (rubies) in a watch movement that are used as bearings for pivots to reduce friction. Bearings
  • 26. Watch dictionary Vibrations Movement of a pendulum or oscillating body between two extreme positions. An oscillation ("tick-tock") equals two vibrations Tick-Tock
  • 27. Watch dictionary Rotor A semi-circular disc that freely rotates with each movement of the arm to automatically wind the mainspring. Winding
  • 28. Watch dictionary Chronograph A watch combined with a mechanism which can be started, stopped and returned to zero on demand to measure intervals of time Stop-watch
  • 29. Watch dictionary Chronometer A high-precision watch displaying seconds whose movement has been controlled over a period of several days, in different positions and at different temperatures, by an official neutral body Precise watch
  • 30. History From home manufacture to stock exchange
  • 32. Watch history John Calvin  Birth: 10 july 1509  Education: theology, law  Reforms:  Creation of city council  Death penalty  Ideas:  “Life at the wealth, death in the poverty”  “Denial of decorations”
  • 33. Watch history Geography  Area: mountains of Alps and Jura  Average temperature: from +4 to +6  Precipitation: up 2 000 sm/year  Language: French  Cantons: Geneva, Vaud, Neuchatel
  • 37. Watch history Rapid Development factors  Innovative progress in:  Aviation  Diving  Military  Engineering  Pursue of precision  Coroporate and government orders
  • 38. Watch history Quartz crisis Apparent death of Swiss watch industry
  • 39. Watch history Quartz crisis  Quartz watches:  Battery powered  Highest precision  No winding  Digital analogue display  Fuel crisis:  USD value fall  CHF value growth  Results:  Production fall from 90 000 pieces to 33 000 pieces
  • 40. Watch history Gunter Franck Muller Blumlein Fanck Muller Richemont Ernest Nicolas Hayek Rolf W. Schneyder Schneider SWATCH Breitling Ulysse Nardin Renaissance Founding fathers of new Swiss watch industry
  • 41. Founding fathers Gunter Blumlein • Life: 1944-2001 • Company: LMH (in 1981) – later a grew into Richemont Group • Brands: IWC, Jaeger- LeCoultre, A.Lange & Sohne • Gave second life to A.Lange&Sohne • “Savior” of Jaeger-LeCoultre from bankruptcy
  • 42. Founding fathers Franck Muller • Life: 1958-present • Company: Franck Muller Group (founded in 1991) • Master of Complications • Watchmaker (Ecole d'Horlogerie de Genève) • Co-Founder and partner – Vartan Sirmakes
  • 43. Founding fathers Nicolas Hayer • Life: 1928-2010 • Company: Swatch Group (from 1985) • Brands: Breguet, Blancpain, Omega, Jaquet Droz, Longines, Rado, Tissot, Hamilt on, Swatch, CK • Engineer, 2 PHDs • Creator of SMART car • “King” of Swiss watches • 232nd wealthiest person
  • 44. Founding fathers Rolf W. Schnyder • Life: 1935-2011 • Company: Ulysse Nardin (bought in 1983) • Traveler, athlete • Most of the life spent in Asia (Malaysia, Thailand, China, Vietnam ) • Worked with Ludwig Oechslin
  • 45. Founding fathers Ernest Schneider • Life: 1921-present • Company: Breitling (bought in 1979) • Professional pilot • Watchmaker and microelectronics engineer • Non-public person • Lead Breitling to manufacture status
  • 49. Watch brands Breguet  Founded: 1775  Founder: Abraham- Louis Breget  Brand meaning: Founder’s last name  Town: Valle-de-Joux
  • 50. Watch brands Achievements  Invented tourbillon  Invented hairspring  Created dial guilloche  Produced first wrist watch
  • 51. Watch brands Hublot  Founded: 1980  Founder: Carlo Crocco  Brand meaning: in French bull`s eye  Town: Nyon (suburbs of Geneva)
  • 52. Watch brands Achievements  First watch on rubber bracelet  Proficency in material combination (titanium, ceramics, etc. )
  • 53. Watch brands IWC  Founded: 1868  Founder: Florentine Ariosto Jones  Brand meaning: short for International Watch Company  Town: Schaffhausen
  • 54. Watch brands Achievements  The only watch company in German speaking Switzerland  Masculine brand  Programmed calendar for 500 years  Classical pilot watches
  • 55. Watch brands Jaeger-LeCoultre  Founded: 1833  Founder: Antoine LeCoultre  Brand meaning: names of partners (Edmond Jaeger and Jaques- Davide LeCoultre)  Town: Valle-de-Joux
  • 56. Watch brands Achievements  Creator of milionometer  Full cycle manufacturing  Inventor of gyrotourbillon  Development of Extreme LAB watch
  • 57. Watch brands Omega  Founded: 1848  Founder: Louis Brandt  Brand meaning: fro calibre named Omega (idea of perfectness)  Town: Biel/Bienne
  • 58. Watch brands Achievements  Watch of Apollo 11 astronauts  Olympics’ official timekeeper  James Bond watch  Development of Co- Axial escapment
  • 59. Watch brands Patek Philippe  Founded: 1839  Founders: Antoni Patek and Fransua Chapek  Brand meaning: name of partners (Antoni Patek and Jean-Adrien Philippe  Town: Plan-les-Ouates
  • 60. Watch brands Achievements  Inventor of crown  #1 at antiquarian auctions  Champion of precision
  • 61. Watch brands Romain Jerome  Founded: 2004  Founder: NA  Brand meaning: NA  Town: Geneva
  • 62. Watch brands Achievements  Watches with Titanic parts  Watches with Moon dust and parts of Apollo 11  Developer of capsule collection concept  Watches for professional golfers
  • 63. Watch brands Rolex  Founded: 1908  Founder: Hans Wilsdorf  Brand meaning: NA  Town: Biel/Bienne
  • 64. Watch brands Achievements  Waterresistance record  Largest watch production  First automatic watch  First certified chronometer
  • 65. Watch brands Ulysse Nardin  Founded: 1846  Founder: Ulysse Nardin  Brand meaning: name of the founder  Town: Le Lockle and La Chaux-de-Fonds
  • 66. Watch brands Achievements  Most reliable marine chronometers  Most complicated watches – Guiness book of records  The only jaquemarts watches  Watches with silicon parts
  • 67. Watch brands Vacheron Constantin  Founded: 1755  Founder: Jean-Mark Vacheron  Brand meaning: name of partners (Jaques- Barthélemy Vacheron and François Constantin)  Town: Plan-les-Ouates
  • 68. Watch brands Achievements  Most ancient manufacture  First antimagnetic watch
  • 70. Watch business Franck Muller Group Rolex Group LVMH Richemont Group Swatch Group Holding companies Largest conglomerates
  • 71. Watch business FMG Franck Muller Group • Fonded: 1991 • Brands: • Franck Muller, CVSTOS, Pierre Kunz, Backes&Strauss, Martin Braun, Smalto, European Watch Company, Rodolphe, Roberto Cavalli, Pierre Michel Golay • President: Vartan Sirmakes
  • 72. Watch business LVMH Louis Vuitton Moet Hennessy • Founded: 1987 • Brands: • Zenith, Hublot, TAG Heuer, Dior, BVLGARI, Chaume t • President: Bernard Arnault
  • 73. Watch business Richemont Group (ex-LMH: Les Manufactures Horlogeres) • Founded: 1986 • Brands: • A.Lange&Sohne, Dunhill, Bau me&Mercier, Cartier, IWC, Jae ger-LeCoultre, Roger Dubuis, Montblanc, Panerai, Pi aget, Vacheron Constantin, Van Cleef&Arpels, Ralph Lauren • President: Johann Peter Rupert
  • 74. Watch business Rolex Group • Founded: 1946 • Brands: • Rolex, Tudor • President: Gian Riccardo Marini
  • 75. Watch business Swatch Group (ex-SMH: Swiss Corporation for Microelectronics and Watchmaking Industries) • Founded: 1985 • Brands: • Breguet, Blancpain, Omega, Ja quet Droz, Longines, Rado, Tissot, H amilton, Balmain, Certina, Mid o, Endura, Swatch, Calvin Klein, Flik Flak, Leon Hatot • President: Neyla Hayek • CEO: Nick Hayek
  • 77. Watch fairs SIHH Salon International de la Haute Horlogerie
  • 78. Watch fairs WPHH World Presentation of Haute Horlogerie
  • 98. Watch price Materials  Platinum  Gold  Titanium  Carbon fibre  Steel  Composite materials  Rare materials
  • 99. After sales service Taking care of Swiss watches
  • 100. Watch service Atmos The only perpetual watch
  • 101. Watch service Reasons  Strokes  Temperature (oil inside)  Water (waterristance rules)  Scratches  Time (full service)
  • 102. Watch service Service center Repairs are made at certified service center only
  • 103. Watch service Watchwinder Taking care of automatic watches
  • 104. Watch service Leather strap Service period up to 1.5 years
  • 105. Watch waterresistance < 30m (3am) • No water contact 30m - 50m • Minimum water contact - hand washed with watches on 50m - 100m • Some contact with water -car washed with watches on 100m - 200m • Swimming with watches on 200m - 500m • Active leisure on water with watches on >500m (50am) • Diving with watches on
  • 106. Watch waterresistance Crown Never use in water!