The Interview
Magnus Bosse (MB): Mr Emch, you are quite young for a CEO of a watch manufacturer. Could you shortly outline your professional career? Manuel Emch (ME): After my A-Levels, I studied design at the Art Center school in La Tour-de-Peilz (in Switzerland), a subsidiary of the Art Center in Pasadena, California. Shortly after, I joined the Swatch design team in Milan (Italy) for an internship and began to design Swatch watches. During this time, I developed a passion for collector’s pieces, and finally worked for Sotheby’s London in the department 'Works of Russian Arts and Icons', where I had the chance to work on masterpieces from Fabergé and I also came in contact with fine antique pocketwatches. After that, I returned to university and studied economics at the university of Lausanne (Switzerland). Following my exams, I returned to Swatch Group and worked for them in Singapore. Next step was a consulting job in process optimization for a Zurich based engineering company followed by two years at Philip Morris in the marketing department. After 4 years, I wanted to turn back to my passion for watches and coincidently Mr Hayek asked me to return to Swatch Group, and so I started to work for Rado’s marketing department. Very soon Mr Hayek asked me if I would take the challenge to rebuild the recently acquired brand Jaquet Droz. That was in 2001. MB: Do you have an own collection of watches? ME: Oh yes. I started with SWATCH. Like many others, and I still have about 180 very special SWATCHES, and I even slept in front of the SWATCH stores to get the most sought after limited editions! Now, I focus on mechanical watches, especially antique pieces. I own about 20. Pierre Jaquet Droz (1721-1790) was famous in his age for his impressive automatons: Fountains, Singing Birds and musical watches, but also writers and musicians. He was world-wide known for his excellent skills in making such masterpieces and he travelled around the world to present his automatons to the puissant sovereigns. The automaton shown here on the left is a Singing Bird in a box with a built-in clock, made by Jaquet Droz & Leschot, London, between 1775 and 1800. The bird is flapping with his wings and opes his mouth, once operated. The movement of the bird is covered with a brass plate. This Singing Bird is in the possession of the 'Musée Internationale d'Horlogerie' (MIH) in La-Chaux-de-Fonds. On the right a contemporary piece, made still today by Jaquet Droz. Consisting of more than 500 parts, it writes the company logo on a piece of paper, thereby following the pen with his eyes, breathing...
MB: Jaquet Droz is a name that has almost vanished from the public perception. What were the reasons for Swatch Group to invest in this company? The search for unencumbered name? ME: The immense history of Jaquet Droz was for sure the driving force behind the purchase. Jaquet Droz was – beneath Breguet - one of the most important watch makers in the history of Swiss watchmaking art. It is part of the Swiss heritage. Before the take over by Swatch Group, it was not very well known, but it is part of ‚la culture neuchâteloise’, everyone in the canton of Neuchâtel knows Jaquet Droz! Swatch Group specifically wanted to rescue a part of the watchmaking expertise from this region. There are many haute horlogerie brands situated in and around Geneva, but there are only very few left from the glorious tradition of Neuchâtel. MB: This requires a certain effort in communication. Otherwise you run the risk that the people think: „Oh, great, Swatch bought another name to establish a retort company without own identity!“. By which means do you counter such apprehensions? ME: We tried to isolate the ‚brand DNA’ that Jaquet Droz was known for in the 18th century and to transform it to meet the requirements of today’s watch connaisseurs. Jaquet Droz always focused on emotions and aesthetics. Pierre Jaquet Droz was the first who invented the concept of a jewellery watch, he was the first to ornament his watches with pearls, enamel and so on. He also was famous for his animated birds, his fountains and musical watches and mostly for his automatons. He was the first who not only concentrated in achieving better and better accuracy, but furthermore he made real works of art out of his watches. These are the principles we try to base our company on. We are not going to make me-too products, instead we will focus on these strong heritage. The speciality of ancient Jaquet Droz was what we nowadays would call 'jewellery watches': The combination of highest mechanical quality with beautiful and aesthetic ornamentation, for example enamel covers, stone setting or unusual design solutions. No wonder Jaquet Droz had a huge success in the asian market! Depicted here are two vintage pocketwatches, also exhibited at the MIH.
Jaquet Droz' unique design with the decentralised enlarged seconds hand has historic roots: The vintage Jaquet Droz pocketwatches featured this design icon for the first time: Depicted here is a vintage Jaquet Droz pocketwatch in comparison to the modern Grande Seconde Grand Feu Email : Note the alternately used roman and arabic numerals! MB: What is a Jaquet Droz watch for you personally? ME: For me a Jaquet Droz represents emotion and aesthetics, based on very high end and exquisitely finished mechanics, which are a matter of course for us. We go one step ahead and ornate our watches with an unmistakable style and attention to the detail that is lost at most other watch houses. MB: Jaquet Droz’ annual production volume is quite low, especially compared to all other companies in Swatch Group’s portfolio. How does that work out and what is Swatch Group’s interest in such low numbers? ME: Jaquet Droz is especially interesting since it offers the chance to manufacture a niche product. Breguet is maybe the brand with the greatest watchmaking potential; we have Glashütte Original, a company known for their very 'german way’ and technically inspired fashion of manufacturing high grade movements; and we have Blancpain with its simply elegant designs and highest pretension on finishing. With Jaquet Droz things can be done that are unthinkable for the other brands. MB: Could you draw a sketch about your customer? Who is interested in Jaquet Droz watches? ME: Well, that’s a question I like! As I already pointed out, Jaquet Droz’ potencies are emotion and aesthetics. Therefore, I can think of our customer as a person who is receptive for such values, like an architect, an artist or a designer, and who is on the hunt for a product that reflects his principles. We quickly learnt that our customer group is not that consistent: beneath pure aesthetes we also have collectors and connoisseur’s attracted by our history as well as women looking for the uncommon. MB: What are your core markets? ME: Today we are present in 40 countries, and we have about 65 points-of-sale. Our main markets are Japan and Singapore. I think one reason is the dial layout that reminds on an 8, a symbol of luck in Asia. Also our limited editions are always restricted to 88 pieces. I consider so called ‚limited editions’ with more than 100 pieces not as restricted production. Furthermore the Middle East and Russia, but also Switzerland, France and England and Italy are doing very well. We will start in Germany and the USA soon.
From left to right: the Jaquet Droz Collections: (i) top bar: - The collection 'Hommage Genève 1784’: Grande Seconde Cerclée black (ii) middle bar - The collection 'Hommage La-Chaux-de-Fonds 1738’: Equation du Temps, Douzes Villes and Les Lunes (proto-type, meanwhile dial changed to a dial similar to the Douzes Villes) - The collection 'Hommage Londres 1774’: Chronographe GMT (iii) lower bar: - The collection 'Hommage Londres 1774’: Tonneau GMT XL and Ladies' Tonneau MB: Are all of your watches based on a Frédéric Piguet movement? ME: We altogether have three collections: - The collection 'Hommage Genève 1784’ where theGrande Seconde belongs to, - The collection 'Hommage La-Chaux-de-Fonds 1738’, which consists of the more complicated models like the Les Lunes and the Equation du Temps - The collection 'Hommage Londres 1774’, these are the sportier models with tonnneau-shaped case or with chronograph, and/or GMT function These collections are named after the three ateliers that Pierre Jaquet Droz founded. The Genève and the La-Chaux-de-Fonds collections are based on Piguet ebauche, whereby for the Douze Villes we completely re-designed the movement. We have 2 patents for this. The Chronographe GMT from the Londres collection is fitted with a Lemania chronograph movement, modified with a GMT function. The other watches of this collection have a Jaquet-Baume or an ETA movement. MB: Do you plan to further develop the Piguet base movements, for example with addition of a free-sprung balance, or do you even think about the construction of an own movement (which is very costly compared the developing costs for, say, a car)? ME: This is not a financial discussion! It is more a strategical or marketing decision. If we confer our ideas and principles that are found in our case and dial work to the development of a movement, I’m pretty sure that we can create something really extraordinary. For example, the rotor hides very much of the movement. But what if one places it between two movement plates? But to tell you the truth, we are working on such an exceptional in-house movement… From left to the right: - movement of the Grande Seconde watches - movement of the Chronographe GMT watches - movement of the tonneau-shaped GMT watches - movement of the Ladies' tonneau-shaped watches
Credits: Special thanks to Manuel Emch for his time and to Nathalie Kotelat and Ilse Maassen for supplying image and information material.
Magnus Bosse © October 2003 Last update November 30th, 2003