Goldenlutin
261
To answer the question one should ask...
ask how many Montblanc watches actually use an in-house movement vs. a quartz or a mechanical movement from Swatch Group (ETA) or Sellita. I would guess that over 90 % of the production (at least in quantity, maybe not value wise) use third-party movements. The Minerva thing is a good marketing move but 30-100 watches per year do not change the core business of Montblanc. The same is true with the two Valfleurier movements which are not representative (though being well priced) of the actual Montblanc production. Therefore I think that it is a bite of a stretch to talk about a manufacture brand when over 90% of the production does not use an in-house movement. This is not a critic but a fact. Anyhow, the manufacture hype will soon be over as most consumers just don't care about it. Panerai became big using ETA movements and nobody complained. The bestsellers from IWC don't use in-house movements and everybody is happy (especially IWC as the margins are incredible)... What about Breitling? I could continue the list for a while. On the same note, Tag Heuer just announced that it will NOT produce its latest in-house CH80 chronograph movement, although it has been presented in Basel. Why? Probably because it makes the watches too expensive and that the normal Tag buyer just don't care / don't want to pay a premium for an in-house movement.
IMHO the real problem of Montblanc is another. As they have to buy the movements from Swatch or Sellita, they cannot compete price wise against Swatch Group brands like Longines or Tissot which offer a much better quality/price ration (value proposition) and are, in addition, long established watch brands. All this does not make things easy for Montblanc and might explain why it is struggling and Lambert has to fixe it.. Not an easy task...
Just my two cents
I can confirm...
By: andrewluff : July 17th, 2014-00:36
That I have visited both the Mb main manufacture and Villeret last year and they are 100% a real 'manufacture'. My heart goes towards Villeret and the old fashioned way of making watches under the master watchmaker Mr Cabbidu, but it cannot be taken away ...
Who cares?
By: Tick Talk : July 20th, 2014-11:35
Really, this obsession with how much of a "manufacture" one brand is vs another denies the very heritage of Swiss watchmaking. The current dialogue suggests the cabinotiers, repasseurs, and etablisseurs of the past were somehow deficient. A visit to a hor...
Sizzle and Steak
By: bigdave : July 21st, 2014-10:02
Does anybody seriously think that the corporate boys who own Montblanc permit a workshop the size of the Villeret facility to stay open and produce 50 pieces annually out of a desire to permit staff table tennis tournaments? I have had the privilege of vi...
Well,...
By: Goldenlutin : July 22nd, 2014-09:48
We'll, I have visited Villeret too and I am quite convinced that MB makes no money with Minerva. The factory is made to be visited (you even have the visit schedules on the walls in each department) and good looking. You will not find any similar setting ...
No Illusion of Charity
By: bigdave : July 22nd, 2014-12:34
I have no material disagreement with you. I agree that there is no way that Villeret can be turning a profit, and that its continuing operation is not motivated by a simple gesture of goodwill. I'm just glad that its output is a collection of worthwhile w...
Was Minerva a manufacturer??
By: itt : July 29th, 2014-02:59
I don't care for Montblanc or modern watches so........ "I have no dog in this fight". Would you consider Minerva a manufacturer?? If you do... you should consider Montblanc a manufacturer. Minerva used Valjoux movements for many years. They often used th...
Hello Again
By: bigdave : April 11th, 2016-17:28
I had not expected to be rejoining this thread after so long an absence, but, on re-reading the posts, one thing did occur to me. Why is it important to talk about the relative numbers of manufacture vs. off-the-shelf pieces, so long as the house is makin...