News • 17 Apr 2012
Parmigiani Fleurier Exclusive Partnership With The Hour Glass In South East Asia & South Pacific
Parmigiani Fleurier is pleased to announce its exclusive distribution partnership with The Hour Glass Ltd. Representing an amiable and professional convergence between the East and West, this is viewed as a strategic and long-term partnership between Asia’s leading specialty luxury watch retailer – The Hour Glass and Swiss-owned renowned high watchmaking brand with integrated manufacturing capabilities – Parmigiani Fleurier. This strategic partnership will stretch across South East Asia and the South Pacific, including Singapore, Malaysia, Thailand, Indonesia and Australia. In Singapore, Parmigiani watches are available at The Hour Glass’ boutiques at Takashimaya Shopping Centre, L’Atelier at Ion Orchard and Malmaison at Knightsbridge.
Commenting on this collaboration, Mr. Jean-Marc Jacot, CEO of Parmigiani Fleurier, “Both Parmigiani and The Hour Glass share common values, both embody strong family character. As a globally renowned Swiss brand for its stimulating artistic luxury timepieces, Parmigiani has established its distribution in China and Hong Kong under its HK subsidiary; I am confident this new partnership with The Hour Glass, the most geographically diverse specialty luxury watch retailer in Asia, will further strengthen Parmigiani’s presence throughout the region.”
Mr. Michael Tay, Executive Director of The Hour Glass, “We are delighted to be the exclusive channel partner for Parmigiani in this region. The Hour Glass shares Parmigiani’s long term vision and more importantly, a common passion to nurture and cultivate the appreciation of the horological arts. We strongly believe this partnership will be integral in shaping Asian horological culture in the years to come.”
Symbolizing classical aesthetics and generosity of spirit, the Parmigiani brand compounds the motifs of authenticity and precision in its philosophy. In a similar vein, specialist watch retailer The Hour Glass places strong emphasis on quality and excellence, winning many public accolades for its contributions to the world’s luxury watch retail sector. This new partnership is anticipated to inspire more exciting creative output and synergies in time to come.