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Armand Nicolet
Armand Nicolet is a Swiss luxury watch manufacturer located in Tramelan, a mountain village in the Bernese Jura. Its history dates to its foundation in 1875. History Armand Nicolet, the son of a watchmaker, set up his own ''Atelier d'Horlogerie'' in 1875, having successfully completed an excellent apprenticeship. By 1902, the Atelier was producing pocket watches with grand complications, such as a piece that consisted of a guilloché rose gold case, enamel dial, monopusher chronograph, complete calendar (date, day, month and moonphase indication), repeating hours, quarter hours and minutes. Examples of these historically significant pieces can be seen in the Armand Nicolet museum located in Tramelan. Armand Nicolet died in 1939 and his son, Willy Nicolet, took control of the company. Under Willy's control, Armand Nicolet was developed into the largest T1 watchmaker, whose decorated, finely set and assembled mechanical movement components produced finished movements in the reg ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Guilloché
Guilloché (; or guilloche) is a decorative technique in which a very precise, intricate and repetitive pattern is mechanically engraved into an underlying material via engine turning, which uses a machine of the same name, also called a rose engine lathe. This mechanical technique improved on more time-consuming designs achieved by hand and allowed for greater delicacy, precision, and closeness of line, as well as greater speed. The term ''guilloche'' is also used more generally for repetitive architectural patterns of intersecting or overlapping spirals or other shapes, as used in the Ancient Near East, classical Greece and Rome and neo-classical architecture, and Early Medieval interlace decoration in Anglo-Saxon art and elsewhere. Medieval Cosmatesque stone inlay designs with two ribbons winding around a series of regular central points are very often called guilloche. These central points are often blank, but may contain a figure, such as a rose. These senses are a ...
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Manufacturing Companies Established In 1875
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final produc ...
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Luxury Brands
In economics, a luxury good (or upmarket good) is a good for which demand increases more than what is proportional as income rises, so that expenditures on the good become a greater proportion of overall spending. Luxury goods are in contrast to necessity goods, where demand increases proportionally less than income. ''Luxury goods'' is often used synonymously with '' superior goods''. Definition The word "luxury" originated from the Latin word ''luxuria'', which means exuberance, excess, or abundance. A luxury good can be identified by comparing the demand for the good at one point in time against the demand for the good at a different point in time, at a different income level. When personal income increases, demand for luxury goods increases even more than income does. Conversely, when personal income decreases, demand for luxury goods drops even more than income does. For example, if income rises 1%, and the demand for a product rises 2%, then the product is a luxury goo ...
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Watch Brands
A watch is a portable timepiece intended to be carried or worn by a person. It is designed to keep a consistent movement despite the motions caused by the person's activities. A wristwatch is designed to be worn around the wrist, attached by a watch strap or other type of bracelet, including metal bands, leather straps or any other kind of bracelet. A pocket watch is designed for a person to carry in a pocket, often attached to a chain. Watches were developed in the 17th century from spring-powered clocks, which appeared as early as the 14th century. During most of its history the watch was a mechanical device, driven by clockwork, powered by winding a mainspring, and keeping time with an oscillating balance wheel. These are called '' mechanical watches''. In the 1960s the electronic ''quartz watch'' was invented, which was powered by a battery and kept time with a vibrating quartz crystal. By the 1980s the quartz watch had taken over most of the market from ...
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Quartz Crisis
The quartz crisis was the upheaval in the watchmaking industry caused by the advent of quartz watches in the 1970s and early 1980s, that largely replaced mechanical watches around the world.Smithsonian: The quartz revolution revitalized the U.S. watch industry.
It caused a significant decline of the Swiss watchmaking industry, which chose to remain focused on traditional mechanical watches, while the majority of the world's watch production shifted to Japanese companies such as ,

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Repeater (horology)
A repeater is a complication in a mechanical watch or clock that chimes the hours and often minutes at the press of a button. There are many types of repeater, from the simple repeater which merely strikes the number of hours, to the minute repeater which chimes the time down to the minute, using separate tones for hours, quarter hours, and minutes. They originated before widespread artificial illumination, to allow the time to be determined in the dark, and were also used by the visually impaired. Now they are mostly valued as expensive novelties by watch and clock enthusiasts. Repeaters should not be confused with striking clocks or watches, which do not strike on demand, but merely at regular intervals. History The repeating clock was invented by the English cleric and inventor, the Reverend Edward Barlow in 1676. His innovation was the ''rack and snail'' striking mechanism, which could be made to repeat easily and became the standard mechanism used in both clock and wat ...
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Chronograph
A chronograph is a specific type of watch that is used as a stopwatch combined with a display watch. A basic chronograph has an independent sweep second hand and a minute sub-dial; it can be started, stopped, and returned to zero by successive pressure on the stem. More complex chronographs use additional complications and can have multiple sub-dials to measure seconds, minutes, hours and even fractions of a second. In addition, many modern chronographs use moveable bezels as tachymeters for rapid calculations of speed or distance. Louis Moinet invented the chronograph in 1816 for use in tracking astronomical objects. Chronographs were also used heavily in artillery fire in the mid to late 1800s. More modern uses of chronographs involve aircraft piloting, auto racing, diving and submarine maneuvering. Since the 1980s, the term ''chronograph'' has also been applied to all digital watches that incorporate a stopwatch function. History The term ''chronograph'' comes from the G ...
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Complication (horology)
In horology, a complication is any feature of a mechanical timepiece beyond the display of hours, minutes and seconds. A timepiece indicating only hours, minutes and seconds is known as a simple movement. Common complications include date or day-of-the-week indicators, alarms, chronographs (stopwatches), and automatic winding mechanisms. Complications may be found in any mechanical clock, but they are most notable in mechanical watches where the small size makes them difficult to design and assemble. A typical date-display chronograph may have up to 250 parts, while a particularly complex watch may have a thousand or more parts. Watches with several complications are referred to as ''grandes complications.'' Types Timing (visible) * Chronograph, with a second hand that can be stopped and started to function as a stopwatch. ** Double chronograph or ''rattrapante'', multiple second hands for split-second, lap timing or timing multiple events ** Flyback chronograph, allow ...
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Watchmaking
A watchmaker is an artisan who makes and repairs watches. Since a majority of watches are now factory-made, most modern watchmakers only repair watches. However, originally they were master craftsmen who built watches, including all their parts, by hand. Modern watchmakers, when required to repair older watches, for which replacement parts may not be available, must have fabrication skills, and can typically manufacture replacements for many of the parts found in a watch. The term clockmaker refers to an equivalent occupation specializing in clocks. Most practising professional watchmakers service current or recent production watches. They seldom fabricate replacement parts. Instead they obtain and fit factory spare parts applicable to the watch brand being serviced. The majority of modern watchmakers, particularly in Switzerland and other countries in Europe, work directly for the watchmaking industry and may have completed a formal watchmaking degree at a technical school ...
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Pocket Watch
A pocket watch (or pocketwatch) is a watch that is made to be carried in a pocket, as opposed to a wristwatch, which is strapped to the wrist. They were the most common type of watch from their development in the 16th century until wristwatches became popular after World War I during which a transitional design, trench watches, were used by the military. Pocket watches generally have an attached chain to allow them to be secured to a waistcoat, lapel, or belt loop, and to prevent them from being dropped. Watches were also mounted on a short leather strap or fob, when a long chain would have been cumbersome or likely to catch on things. This fob could also provide a protective flap over their face and crystal. Women's watches were normally of this form, with a watch fob that was more decorative than protective. Chains were frequently decorated with a silver or enamel pendant, often carrying the arms of some club or society, which by association also became known as a fob. O ...
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