In conversation with JEAN-MARC PONTROUÉ, CEO PANERAI.
Vložit
- čas přidán 15. 07. 2024
- #Panerai #watchesandwonders #radiomir @PaneraiOfficial
During Watches and Wonders 2023 we were talking to Jean-Marc Pontroué, the CEO of Panerai. Enjoy our conversation and please share some thoughts with us ...
#wherethewatchesarethestars - Jak na to + styl
I think that the problem arises from the approach to the challenge of selling more. Guys, I'm the biggest fan, but please let's not forget the roots of our success. Authenticity is key.
All the brands need to deliver their margins to the Richemont group... Panerai is not excluded...
Love Panerai, but cannot fathom the 30m water resistance from a brand that has historically been dive watches.
I think the secret to Panerai is to be selective and buy the older pieces with the best movements. The new stuff looks cool for sure, but they give you a lot less on functionality.
All mine are 300 and 100 wr not 30
@@31hallite yes, my PAM312 is 300m, all the new Due and Radiomir are 30m depending on the model.
This will change to 50 meter ++ soon… have you guys watched our manufacture videos?
Bearing in mind its heritage is from the Italian Navy, the purpose for the divers/commandos would not require them to go below 30 meters. 50 meters at the most. Put it this way, if you wanted to place a mine on the hull of a ship, you wouldn’t need to dive to 300 meters. Panerai are just sticking to their heritage which is part of their story. All praise to them❤️🙏
I've been preparing myself to buy a Panerai Radiomir to be a companion to two Luminor pieces that I already own. So, I've been monitoring the retail prices.
In this very same week, Panerai just raised all the prices of their pieces. Some pieces had their prices raised in 20%. There is no reasonable explanation for that.
What I think. The business executives of the brand want to achieve results and escalate higher positions in the Richemont group. The way to do that is to deliver higher profit margins to the Group.
For the amount of money that I intend to spend on a watch, I am much more inclined to buy an IWC right now. Even before this recent price elevation, some friends of mine told me not to spend money on Panerai for rational reasons.
Panerai is about "passione" and "cuore". However, I am passionate and not a fool.
The reason is simple: it is the extreme strong Swiss Franc…
Could someone tell Mr. Pontrue the following opinions by some admirers of the brand.
(1) Bring back the decorated movements and the sapphire caseback to entry-level pieces.
(2) the ecological box is too simple and low quality for the price. Please, keep the traditional wooden box.
(3) I know you are doing great in the Asian market, but this is not reason to reduce quality and raise prices. Charging 12 K USD for a watch with a very basic caliber doesn’t seem right.
(4) water resistance is in the DNA of the brand. Please, don’t forget that.
They can’t get any of that sweet ESG money with evil wooden boxes lol
1.) Panerai is never known for movt decoration. Have you seen the Unitas being decorated in either the pre Vendome models or the 0xx to 3xx movements? Sure the Brooklyn Bridge was a new low by Bonati taking the lowest end unfinished movement into a boutique edition... but finishing is never the DNA of Panerai
2.) No comments about the boxes and packaging
3.) Base caliber isn't the issue at hand. Panerai is using "in house movement" to force customers to go back to them for servicing. The old Ristis would rarely send any of their watch back to richemont because watchmakers are able to obtain parts for most of these pre Vendome and older models.
4.) The snap on vs screwed in caseback discussion is a true financial move... kind of funny when you see how these media in richemont's pockets are defending the move 😂
The Ristis were a hard-core community, yet Panerai managed to burn away all the goodwill and is now just a brand among other brands, nothing special.
All the brands need to deliver their margins to the Richemont group... Panerai is not excluded...
I second that. 🙌🙌👏👏
I would add that I'd like to see a return of the 42mm in the Luminor and Radiomir lines.....
@@WatchAdvisor delivering margins could come from other avenues, besides making your watches less water resistant. Since Panerai isn't paying me to be their cost reduction analyst, let me mention one way they could do that, I'd even make it worthwhile without any headcount reduction: it's as easy as reviewing the marketing expense in each boutique, commonizing expense items like champange, whiskey, even mineral water into a single contract where the volume would allow further discounting
When a company stops decorating it’s movements, removing functionality and providing no more display cases you know costs are being cut yet this is not reflected in the price, therefore people feel completely conned with the new watches and in turn the company have made is extremely easy for the fakes to get dangerously close to exact which is devaluing the watches. This CEO is responsible for all of these moves. When you devalue a brand like this, it is destructive behaviour.
Did you already watch our Panerai manufacture videos? They might be interesting for you…
@@WatchAdvisor I did, I love the watches personally but one would be stupid to ignore the changes that have been made and not for the better, not for the customer, but for pure greed. When that happens the product suffers, the customer suffers, the brand suffers and the CEO grabs a load of cash like a bank robber. This isn't new, it's happened to other brands it's just unfortunate that this CEO cannot see past his own greed.
@@ragetobe You're letting your emotions take over. And although I too tire of the Covid excuse, the fact is many companies around this time started to find ways to cut costs. Apparently, with things normalized over the past year plus, they're starting to go back to the standard they're used to in terms of decoration.
@@PeteNice29 If watches don't invoke emotions in you then why even bother. And I am fully in control of my emotions, what I don't like is bait and switch, ie: providing a lifetime of legend and backstory only to have it cheapened by a greedy CEO shaving corners to line his pockets. By the way, we are not talking about shaving a few £s off, we are talking about saving thousands in the making of the watch but charging the same or even more in some cases for the watch.
The all over quality has dramatically been increased, the mechanical quality and accuracy of the calibres is better than ever... decoration could be better though. Panerai knows that its customers aren't satisfied with it and there will be changes to a better finish made soon...
Just LOVE this kind of interview! A discussion between gentlemen of a brand that speaks to me more and more with no pretension and just the facts and anecdotes. Well done!
Thanks for sharing our passion and your kind feedback!
Got my first 1392. I wear it on a black/orange/miami blue strap and the looks I get are like none I ever got on my Rolexes! Panerai is a special watch, Rolex is too common!
Thanks for sharing your thoughts and passion with us! May your Panerai continue to always show you happy seconds, minutes and hours…
Wow! Great video!
Glad you enjoyed it
Love Panerai I own 5 and love them all. The manufacturing videos are excellent.
Thanks for sharing our passion! May your Panerai watches continue to always show you happy seconds, minutes and hours…
Love Panerai. My favorite watch. They aren’t as common as Rolex and I like that. More exclusive. I have a Luminor Due. Love it. Want to get more.
Which one is next? May your Luminor Due continue to always show you happy seconds, minutes and hours...
I'll buy my next Panerai when they get a new CEO.
The new CEO would still be a chosen man by Richemont 😂
My words, exactly..
For some here, no matter what PANERAI does or doesn't do, it just isn't good enough. There sure are a lot of armchair CEO's etc. who seem to have an immediate answer and split-second reaction and fix time for everything that hits PANERAI. Many of you should put your keyboards to action and apply to PANERAI. I bet your tune changes to a different song.
@@WatchAdvisor Armchair CEO? Amusing. I am a consumer who liked what Panerai used to be and the timepieces they produced. Their current green-washing approach while removing features left and right (sometimes unannounced) from their products combined with a CEO who lacks passion for the industry he is in puts me off of the brand entirely. The last thing I would do would be to apply to work for him. Funny suggestion though - I'm sure you'd get hired right away with the biased response!
You still seem to passionate though…
Richemont group should get an Italian CEO. Get the quality and heritage up then demand the price premium!
Jean-Marc is doing an excellent job… there is no need for any changes..
Amazing interview as always!
Thanks for sharing!
DEAR ALEXANDER,
HAPPY NEW YEAR. 🙏
GOD BLESS YOU MY FRIEND. I AM VERY PROUD OF YOU AND VERY HAPPY FOR YOU. I HOPE ALL OF YOUR DREAMS COME TRUE. I HOPE YOU HAD THE BEST AND HAPPIEST CHRISTMAS OF YOUR ENTIRE LIFE. I LOVE YOU SO VERY MUCH. I LOVE MR. ESPARZA AND ALL OF MY BEAUTIFUL FRIENDS SO VERY MUCH. 🙏
SINCERELY PETER
The e-steel downgrades the perceived value. The lack of see thru back back is also a minus. Panerai, up your value proposition please.
e-steel IS NOT a downgrade - please stop spreading such nonsense...
E Steel take longer to produce, takes time to process recycled steel than using new steel. Hence the high price and its not a down grade.
@@WatchAdvisor I think he said "perceived," which for some may be true.
Love Panerai , ❤️👍🏴
We too!
I just bought the 1348 (the blue one). It's a great looking watch, the "gunmetal grey" case just works, and surprisingly it is not as big as I expected. It feels smaller than my 44mm 111 which I've had for 15 years and also smaller than my 44mm grey eSteel submersible that I bought last year. Very wearable and looks great on the wrist. I'm a fan...but will experiment a bit with straps. I might want something different than the blue strap even though it's very nice; between the blue dial and strap it's just a LOT of blue, so I'll try some other strap options. But overall I'm super happy with the watch.
Thanks for sharing your thoughts and passion with us! May your Panerai watches continue to always show you happy seconds, minutes and hours…
Live la dolce vita with a new Panerai ! I love this idea bravo!
It is all about passion, fun and dolce vita… Remember: no one needs such an anachronistic and obsolete time measuring instrument …
I became impressed with Panerai watches several years ago as I observed members of my auto club wearing them and noticed how elegant the watches appear on their wrist in this particular setting. Panerai’s and Alfa Romeo’s complement each other well. I bought a pre-owned PAM 605 during 2021 and now would like to add a new Panerai but haven’t decided on a model.
Love your comment! May I ask which Alfa Romeo you own/drive? And please keep us posted .... In case you have any questions, let me know...
@@WatchAdvisor I’ve been a real Alfisti since 1994 when my wife and bought a new 164. Since then we have owned a ‘87 Milano, 2018 Giulia 🍀and a ‘70 GTV.
Impressive! Un cuore sportivo! I by the way quite successfully participate in Oldtimer Rallyes with the Alfa Romeo Giulia Carabinieri from 1972. An authentic Carabinieri Giulia we found an rebuilt ... Outside Italy this is the only one in private hands ... the pictures were taken at the "Kitzbühler Alpenrallye" alpenrallye.at/galerie-2020/
His Panerai CEO tenure should be titled "The Rape of Panerai"
For some here, no matter what PANERAI does or doesn't do, it just isn't good enough. There sure are a lot of armchair CEO's etc. who seem to have an immediate answer and split-second reaction and fix time for everything that hits PANERAI. Many of you should put your keyboards to action and apply to PANERAI. I bet your tune changes to a different song.
@@WatchAdvisor See, I have a very personal relationship with Panerai watches and it is not nice to see this liquidation of Panerai history and heritage taking place just to sell a few pieces more and improve your balance sheet. Imagine Tesla Motors building diesel engines next year, that is the direction of Panerai today.
The best what Tesla could do in fact is selling its cars with Diesel engines though...
JMP didn't do alone, have you forgotten the last few years of the Bonati's reign? That really took out the sails out of any Risti loyalty
@@WatchAdvisor It's pretty simple, Panerai is charging for a PAM1316 (with steel bracelet) 9.700 Euros, Omega is charging for an Aqua Terra 6.700 Euros, Rolex is charging for a Datejust 8.000 Euros. Considering the downgraded 9010 movement with even NO COSC, NO hacking seconds or anything and the average low cost finishing of Panerai (watch and movement), where is the justification for the price?
Another approach to PR indicator which Panerai has used in the past is to put the indicator on the movement side of the watch...that still keeps the dial side nice and clean.
Thanks for sharing!
Just bought a pam 1109 and 2683, great watches!
Congratulations!! May your Panerai watches always show you happy seconds, minutes and hours…
Many more of us "Panerista" since on January 19, 2022 a Panerai Radiomir PAM210 was worn during a 7 hours long spacewalk by cosmonaut Anton Shkaplerov ! #MoonwatchUniverse
Thanks for sharing!
great guy
Thanks 🙏🏻 Which one is your favorite Panerai?
I own basic Radiomir , which is great. The new California dial is awesome
Good choice 👍🏼 I personally like that „California“ dual too… thanks for sharing!
Hello Alexander, one little thing: here in Mexico through my trusted authorized dealer (which is Peyrelongue Mexico) I gave them my Panerai watch (Panerai Radiomir gmt Alarm PAM00098) for service and they told me that they had to send it to Switzerland. It took around 3 months in service and when it arrived everything worked perfectly but the minute hand moved a little and then stopped. The clock stopped marking the time and remained paused, however the seconds hand continued to move perfectly. When the watch arrived I told my AD that something was wrong and now they tell me that Richemont Mexico is evaluating it and that they probably have to send it back to Switzerland. If they send it again, is there a way for you to help me see what happens? Why didn't they do the service right the first time? Thank you very much Alexander and the Watchadvisor team.
Please send an email to alexander(@)watchadvisor(.)com featuring all this information and I will send it to the appropriate person at the HQ in Neuchatel... Carlos will get in contact with you directly...
Panerai is 1 of my favourite brands but has completely lost my interest with the releases over the past few years. I’m sure I’m speaking for many or most true PAM collectors.
What would you like to see/discover from Panerai instead?
Their 8 days usually go for 10 days. I've noticed it on a 233
That’s correct! PR and WR are always indicated as the minimum of what you may expect…
Manual winding 8 days pr but without pr indicator. I have no clue why, and they seem to not deploy a pr indicator in all new models.
Power indicator is ugly and ruins the dial.
Panerai has the ability to include a power reserve on the back of this movement yet they choose not to. Look up the PAM796. Modern day Panerai finds a way to cut corners on every new watch they release.
The movement I'm referring to is the P.5001 / In-house 8 day manual wind with a power reserve indicator on the back of the movement.
@@Surfkid16 I like PR indicator a lot as it's a part of the fun to watch it moves and it's also informative. They had a lot of old models with a PR indicator on the back, not only the 8 days one, but many 3 days one, such as their last year's release of the Perpetual Calendar, but they did not include it in this annual calendar, otherwise I will pull the trigger to buy it.
Why the need for a pr your watch has 72 or 8 days, you wind every few days.
❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤
What do these heart stand for? What do you like so much?
Seems like Panerai is trying something new, but I don't understand the idea behind having high prices and complicated prices. I always thought about Panerai as the tried and tested sports watch for every occasion and not a precious metal perpetual calendar.
An international clientele wants to buy "more" than just a Three-hand-watch... there is a customer for such watches... So why not selling them?
@@WatchAdvisor agree, it is a sound logical idea. But I don’t if anyone would buy a Panerai PC instead of an IWC or a JLC one in that price range, maybe an Italian watch collector, or a person with extra big wrists 🤔
thanks Alexander for the video 👍🏽
Compare these bold watches featuring complications with the top luxury SUVs … the latter aren’t the real 4x4 off-road cars either… and still they are extremely successful…
@@WatchAdvisor Only time will tell, I wish Panerai all the best, but I am not betting on their success. Maybe a return to the basics, offering affordable watches for the masses would be the next step if this move doesn't work.
Yes, only time will tell...
A smart boss😂
Can you specify?
Panerai owe you a watch!!
*With your years of coverage and dedication to the brand.
**Will never buy recycled products because they don’t offer a net benefit, in fact the opposite (uses more energy).
Step by step all steel cases will partly consist of recycled steel…
I’ve been at the Panerai website for the past 2 months looking for my next watch. When I went there today I noticed that they raised their prices by $400-$500. Their cheapest Luminor was selling for $5700. Now it is selling for over 6K. 😢
This is due to the strong Swiss Franc… prices are adjusted almost every month meanwhile…Haven’t you noticed that?
I'm so happy Radiomir is getting desperately needed attention. A Radiomir reignited my passion for watches when I forgot it some years ago. Panerai has been dear to me ever since. The only criticism I have the imagination to direct toward Panerai is that the quick release strap on the Razer collaboration piece was really squeeky when I handled one. Never thought I'd have the chance.
I wasn't a huge fan of the Radiomir collection so far, but I begin to like it more and more ...
@@WatchAdvisor the cushion case and wire lugs were such a novelty to me at the start because I didn't know the history for context. My favorite bit is that for a 45mm case, if it is on the larger size for a given wrist the case catches the eye the most and the scale can still work. With the new Quaranta I found it is a touch slight for me, but the wire lugs present a bit more and fill up the space over the wrist. Both of them offer a lot of flexibility in wear in my opinion as a result. Radiomirs are magical for me. I prefer them to Luminors but I can't imagine I have much company.
@@sebastien6483 Go and try some of them on your wrist… Enjoy and please keep us posted…
@@WatchAdvisor I have on a few occasions. Recently I got to try the Radiomir Quaranta in Goldtech, the blue and grey Tre Giorni models, as well as a Black Seal logo and a host of Luminors. All enjoyable. The hue and saturation of the gold tech is a gorgeous take on red gold. I'm holding my breath for an Otto Giorni but I think I may prefer the tan dial Tre Giorni for my first Panerai. I have waited a long time for one.
If I may share an advice ... If you can ... try them all on your wrist and compare them 1:1 in different light conditions... then let your heart decide, it won't lie...
Please Panerai, it would be great if you could introduce the Mare Nostrum and the Egiziano as new collections in 40-44 mm!
Thanks for sharing!
Until there will be no official explanation about their lies with the Brooklyn , the P 9001 I think where they said that it is in house and was an eta which was visible through case back, and after they darkened the glass and the white ceramic 70.000 euro watch with a simple stamped bridge I don't think that the company will have credit. Reminder, I am a die hard Panerai fan though.
That's all water under the bridge, please. Why keep harping on things that have long since lost their relevance?
@@WatchAdvisorI wonder if the brand ever admitted and apologized for the misinformation?
I’m a proud owner of Luminor, bought new from AD. I just want the brand to do the right thing so more people can appreciate their watches like I do.
@@WatchAdvisor Because the drones in the chat rooms keep harping on about the one or two things they actually know about. Apparently "scandals" that most people really don't care about is still big news.
Probably I need to research a little more about esteel used by panerai . But how is reusing steel helping environment ? It’s Degradable
Please do and share some thoughts with us...
Sounds like a joke a PAM with 30 m WR, really !?? Alexander you´re the star for this video!! Thanks !!
They are changing this now to 50 meters… Did you watch our video? The cases are anyhow much more waterproof…
On January 19, 2022 a Panarai Radiomir PAM210 was worn during a 7 hours long spacewalk by cosmonaut Anton Shkaplerov , tough tool watch !!! #MoonwatchUniverse
Interesting, thanks for sharing!
@@WatchAdvisor I missed that part Alexander thanks for giving the right info. I still think for such a pile of money you have 50 m? you just can wash your hands to care of your expensive PAM. Nivada Grenchen is giving more WR with the minipanerai aka Pacman! My two cents...
@@yaaxarr8977 50 meter is what is written on it… 😉
Love many of the previous model " Especially those history tribute
& Pre-Vendome series " Those current contemporary new slim case & new submersible look so comical with their colourful straps " Easily mistaken as Seiko or some cheap replica watches "
The brand has evolved… tastes are different as you know…
Radiomir in 45 mm with a sapphire case back, sandwich dial, and multiple dial colors availlable along with different colors of lume and at the price point of $5800 US. This is a winner.
Are you talking/writing about Panerai?
@@WatchAdvisor Indeed.
So what exactly should that be for 5800?
@@WatchAdvisor A future reference that Panerai should offer. That would be a winner. Base model with different options of dial color and lume such as faux patina.
I hear you! thanks for sharing...
Would love to see more options with open case backs. I get the plates, but I am the type of person that likes to see open case backs. Options thus far, are somewhat limited unless you go to movements with more complications. What if someone prefers simplicity below 44mm without going to the 10K+ range? There is of course market for those wants. Unrelated to simplicity as an example, the Luminor Due Luna has a beautiful dial (fav complication) around the 10K range, and yet, no open caseback unless you go to 18K+. On another note, the PR on the 8 giorni, I like the concept and heritage of the brand. Your idea of a book or note pad is good, but I think considering where the brand is heading in innovation, an app would work best. Get an app where you not only keep track of the PR but also gets you more connected with the brand, with its history, current and future events, etc.
Love your passion, thanks for sharing! An app would in fact be very, very cool… but only if Panerai knows to use it and keeps developing it…
@@WatchAdvisor agreed!
There’s a reason why they keep them closed
@@mickyzzzeee I find a somewhat narrow-minded view of things. Obviously, you have not dealt with the developments at Panerai in recent times. One question: Have you already seen our manufacture videos?
@@WatchAdvisor nah I don’t need too, I’ve owned two Panerais and took a bath on them both. Now I only wear brands whos manufacturing standards reflect their price points.
I wonder if panerai will ever use some of the design elements from their lab ID pam0700 in a more affordable watch. Namely the carbon nanotube dial, blue indices, and submersible style hands. I think these elements combined are very beautiful and could be put into a more affordable package - as I understand it the expensive part of the lab ID models are their movements that don't need to be serviced for decades
Good idea! Panerai on a regular base reads here ...
@@WatchAdvisor Yes that's what I was thinking : ) they might see my selfish request
Panerai should have a collaboration with Pagani. The case of the watch looks a lot like the front of Pagani Huayra.
I will forward your thoughts to the CEO...
I want to buy a Panerai. I'm right handed but wear watches on my right hand.
Should i buy a left handed Panerai so the crown guard is over my wrist or should i stick to a right handed model?
Any thoughts appreciated 🙂
The only way to find out is to try both on your wrist and compare them 1:1 ...
@@WatchAdvisor I guess so... I was wondering if there was an unwritten rule for this in the watch World...? And weather left handed watches don't hold their value as well?
Sounds like the 30m WR might be being improved from what the CEO was hinting.
Please watch our Panerai manufacture videos to better understand what is going on...
I think Panerai could make a bit of come back. They do have their own style and I like all the new movements, they are all nice.
Why comeback? Panerai watches sell well...
@@WatchAdvisor perhaps I should say more popular than they are already. Not the snap on case back model with 30m of water resistance though.
Did you watch our manufacture videos? There we show that this 30 meter case is anyhow waterproof to many, many more meter …
@@WatchAdvisor your Manufacture videos are fantastic. Regards Panerai, they are a super watch. In fact, if you were collecting a range of watches, I would definitely want a Radiomir.
So I love your videos. But you have to question some things a bit more critically. Even when you're talking to a CEO. Maybe just then! Sure I would like a clean dial on Panerai hostoric models but why not a power reserve indicator on the back and a glass back? As we have already shown in many other Panerai watches. I think it's an excuse to save money but still raise prices. It is unfortunately more and more about increasing the profit every year. But that's more down to the Richemont corporation.
That may be so, but I don't see it as my primary task to demystify my interview partners on camera.
@@WatchAdvisor I can understand that. You also want to be allowed to interview the CEO one more time. But I think you could have done it with a little smile and a wink. Otherwise great work, thank you very much for your efforts.
Don't forget: tastes are different end of the day...
Thanks for asking about the power reserve. Pontroué replied they don't want to clutter the dial, thats a cheap excuse, they can put the power reserve indicator on the back like the Pam 190 with its lovely JLC movement (look it up). But no, today they do it quick and cheap. Simple sandblasted movements, closed caseback… And charge bigger bucks than before. Not much respect for the brand.
PAM 190 was the best Panerai issue ever
That was a good release yes, but there are also lots of other cool releases...
You think the bean counters at Panerai are enthusiastic about having to throw in a notebook and pen with each 8 day watch?
Well I don’t know… I’d do it… would be a classy accessory…
If they can make a Mars or a Spacewatch that can withstand the pressures of space and send it out on a Spacex trip that would be a good goal for them I think.
I don’t get the point… why should they do that?
@@WatchAdvisor I think a lot of the watch value is imported from the heritage or the story of the watch. People will pay $1,000 for a watch with a good story behind it. For instance. The Rolex Explorer brand is based on its story of having submitted Everest.
But Sir Edmund Percival Hillary, when climbing to the summit, didn’t wear a Rolex… it was a Smiths watch…
Panerai need to get back to basics. They've a beautiful, functional core design, easily made into different sizes, materials and colours to attract different audiences. I think they're starting to see this. But, there are still too many gimmicks used to justify exorbitant cost (standard Richemont): complications, faux patina (now to the case!), E steel (please, like most steel isn't recycled anyway), experiences, tenuous tie-ins... the list goes on. The identity of Panerai is not gimick-ridden, generic, price gouge luxury, it is effortless sprezzatura!
Panerai listens! There is much to come in the next weeks, months and years...
Luminor Due mit 30 Meter Wasserdichte für eine "Taucheruhr" ist für mich etwas, was ich nicht verstehen kann ...btw sind Sie aus Tirol?
Das wird sich schon sehr bald ändern… Tirol? Wie kommen Sie auf Tirol?
@@WatchAdvisor Das freut mich! Ihr englischer Akzent klingt wie der eines Tirolers...
Nein, ich bin Wiener...
Wonderful discussion gents. Like the passion and frankness. Bravo 👏
Thanks for sharing our passion!
I don't understand the e-Steel critique. They think steel mined fresh from the earth is somehow different to reused and refined recycled steel? Both are simply iron and carbon molecules fused together!
So true, so true... thanks for sharing!
Correction it was the lie about Luminor Chrono Luna Rosa PAM 01303 calibre P9200.
That's all water under the bridge, please. Why keep harping on things that have long since lost their relevance?
Signoriiiiiiii !
Xche queria inscrizione '8 giorni brevettato' ! Madona, é un "inquinamento" nel panelo da tan bela machina
Well, tastes are different....
My favourite brand ! Rolex comes second (personal preference... and bias opinion 😂)
Thanks for sharing!
Nice interview as always. I have two serious questions for Jean-Marc
Why do you not produce more bronze watches and why are they so much more expensive. I would love to own one but they are way out of my price range and I say this as the owner of a 233 and a 682. With such a limited production even used they are too expansive. I have no problem with Panerai producing crazy amazing expensive watches but I think just offering a different case material option shouldn't be so limited. No other watch brand deserves to be made in bronze than Panerai.
Why did you bother producing the P900 when the P9010 was such an amazing movement with hacking (I mean rally that is nothing to brag about, even all Seiko's hack now) and jumping hour hand. Is this a bottom line profit thing? I don't know enough about movement manufacturing to have an educated guess which is why I am asking.
Thanks for sharing your passion with us! I will forward your comments to Jean-Marc and ask him to answer… if he does… I will 1:1 post his answer here…
Here comes Jean-Marc’s personal answer…. 1:1 what he just wrote me by WhatsApp
-- begin --
“Good evening dear Alexander,
As promised my 2 answers to the questions of your reader:
-Bronze, launched since more than 10 years ago by my predecessor Angelo Bonati has proven to be one of the success story of the brand. This material was originally used in several marine instruments on the classic boat. At Panerai, we have the chance to own, Eilean a 22 metre classic ketch built in 1936 on which, even after many restauration, you can still find many accessories & instruments in Bronze. That has been the connecting point with the development of the Bronze in our brand. As such the Panerai bronze program has always been developed with an annual limitation of 1000 timepieces, whatever the number of models which are produced. This year, we still have the Submersible 42mm, the Submersible 47mm, the Radiomir classic & the Radiomir Tourbillon & the consolidated production of these 4 models do not exceed 1000 pieces. Sold mainly to friends and true collectors of our brand which explain why you rarely find any of these pieces available in our stores.
-Our P900 calibre has been developed with a functional & user friendly approach. It benefits today from one of the best performance in terms of quality among all our calibres. At the Watches & Wonders 2025, we will unveil some key innovations which will integrate the stop balance wheel.
Hope it clarifies
JM “
-- end --
@@WatchAdvisor First of all I am immediately a little bit star struck that I am getting a direct response from Jean-Marc and so quickly! Thank you.
Bronze; I don't like this answer but I appreciate you explaining your stance on the matter. I now find myself looking at my two Panerai's and my Pelagos as potential sacrifices for a 1074.
P.900; That's good news on the hacking and I know lots of people who prefer a quickset date to a jumping hour hand (I am not one of these people). What if you meet me half way and implement that amazing seconds reset function from the P.2002 on your P.900 replacement.
Lastly, Alexander since you have Jean-Marc's ear, what would he think about licensing their interchangeable strap system to other brands. After using it you see how ridiculous spring bars are. I actually consider this method to be almost tool-less since all it takes is a single toothpick broken in half to swap out a strap that will never come off.
Thanks again for the response
---
I will make a screenshot and send it to JM....
Here once again JM answer 1:1….
---begin--
….. “DearAlexander
As promised, my answer to your reader:
The PAM Click Release System is very useful and appreciated by many of our customers. It will be extended in the years to come to many more innovations. We cannot however license it.
As a reminder, all your readers, should they be interested, can visit our Manufacture in Neuchatel and discover the Manufacturing of our watches & the processes of research & development of our products
All the best
jm “…..
---- end----
A couple years ago when the new chronographs came out. I bought the blue dial with the bracelet. Beautiful watch. I liked the look so much I bought the white dial also and put the orange strap on. Again beautiful. I found out later that the movement wasn’t even made by Panerai as they claim. For a company that has the ability and does make their own movements, I find this disturbing. It’s a basic movement hidden by the solid case back. Why?? I’ve owned several Panerai’s over the years. This ceo should be ashamed of himself. Be honest at the boutique! I feel I’ve been taken advantage of. Spent 20k on what? It’s sad because I only own Panerai’s and AP’s. The watch industry has changed since the 90’s. You’re losing customers…
Panerai are not the only ones to use modular solutions for chronographs… but you should clearly communicate it… I fully agree…
I'm a big fan of Panerai but I have to say, they completely lost the ground. I do understand that things become more expensive but an average Panerai (Luminor Marina Automaitc for example) is worth half the money of the (list) price tag. That's a fact (to me), does anybody still buy a new Panerai for these prices?!?
When I see the results I guess a lot of people do... so why worry?
I now have 5 panerai
Have a Radiomir Black Seal....newer 40mm 30m watches are shameful.
The watertightness has meanwhile improved to 50 meters… the cases are tested at 200 meters …
The large plates covering the mechanical movements: the dumbest design ever created in the history of watch making. Whats next: spray painting diamond rings? Is there a single person on the planet, that wants their expensive beautiful movement hidden with a closed case back, or a large plate? A stunning horrible recent development.
Well three-quarter plates are pretty common in watchmaking since many, many decades. They were used to increase the all over stability of calibre… That is for sure no “recent development”…
Die geheimen archive des vatikans….😂
Illuminati
I wont buy second hand panerais… where i live (in malaysia) the fakes are so real. No joke.
it is frightening how good some of these fakes meanwhile are ... One should only trust the best sources ...
just love reading any comments relating to Hublot and Panerai 🤣 I won't buy a Panerai and I don't like what they are doing, but I won't say bad things about them😁 For brands with bad reputations but are still making good profits, they exist for reasons.
…. “Brands with bad reputations” …. What are you referring to?
@@WatchAdvisor a lot actually. Including Rolex. All I'm saying is that all brands are good brands as long as they are making money.
@@yidong5567 So according to you Rolex has a “bad reputation” Wow, that’s weird!
according to you, everything is relative and we should be respectful to ppl's understanding of certain brands. I'm a Rolex fanboy and have double digit Rolexes, but I can't ignore the fact that the brand has been viewed as unreachable due to "under the table" transactions from ADs and how they treat customers. This applies to Panerai too with so called "lie to customers". I'm not a hater to those brands, but we need to find a mutual ground between haters and lovers. Haters stop criticizing them and just don't buy their products, and lovers just ignore those haters' comments. 😄
@@yidong5567 Don’t blame Rolex! Rolex is a foundation and cannot sell watches to the final customers… Independent acting (very greedy) ADs are the ones to be blamed since they invented that absurd business by creating an artificial shortage to be able to charge a premium on every watch… Since ADs may not sell these overpriced watches in their stores they have there own network of flippers and resellers…
Underneath you read what you see when you click in the small "i" beside the price given on the official Rolex website... This information is NEW and proves what we all have been discussing here on WatchAdvisor since years now ...
… “ROLEX pricing policies
Suggested retail price inclusive of V.A.T.
The suggested price can be modified at any time without notice.
The sale of Rolex watches above the suggested retail price, as well as any tie-in sale, is not permitted. However, the distribution of Rolex watches worldwide is entrusted to independent Official Retailers and Rolex is not authorized to intervene in the relationship between them and the end customer.
Models availability
All Rolex watches are assembled by hand with the utmost care to ensure exceptional quality. Such high standards naturally restrict our production capacity and at times, the demand for our watches outpaces this capacity.
Therefore, the availability of certain models may be limited. New Rolex watches are exclusively sold by Official Rolex Retailers, who receive regular deliveries and independently manage the allocation and sales of watches to customers.
Official Rolex Retailers can provide information on the availability of Rolex watches.” …
A 30m resistant dive watch. Had two in the early 2000s but grew up and bought watches that have great movements, stayed true to their heritage and that I can get my money back on if I ever sold them.
Some fakes are just as good as the real things cause Panerais movements are sub par compared to the price point.
If you really want one, buy pre vendome or a bronzo…the rest are junk
I find a somewhat narrow-minded view of things. Obviously, you have not dealt with the developments at Panerai in recent times. One question: Have you already seen our manufacture videos?
What a bad idea :( so many years to build a brand and this guy will destroy it , will become a cheap watch for a high price
Says who and why?
Now them are some ugly watches. I can’t imagine why anyone would buy one of these with all the options out there.
Says who? Knows who? How can you claim such things? That is ridiculous!
@@WatchAdvisor 😄
@@Dragon_rls remember… tastes are different…
@@WatchAdvisor I concur.
Panerai is garbage with greenwashing, of course 😂
Says who and why?
Degenerate!
Pretty much sums up Italy, esp with all the North African immigrants. Wouldn't call that luxury anymore. Yuck!!
Panerai, the brand that keeps on lying
Says who, told you who, did you read where?
@@WatchAdvisor Look up the scandal over the P9200 caliber, as well as the Brooklyn Bridge.
And please, stop being so defensive over shit brands. Are you receiving money from them or what? Why do you keep siding with dishonest brands?
That's all water under the bridge, please. Why keep harping on things that have long since lost their relevance?
@@WatchAdvisor Why keep defending brands that lie to customers? Are you siding with corporations, or consumers?
Is your money coming from these brands?
That's old news... nothing else. In life I look forward, I think positive = the glas is always half full and NEVER half empty...
what do you have to pay for a PAM00289 DOT ?
Do some research on the websites of the known resellers/grey market dealers… specially the “DOT” version needs some extra attention…