Press Release Thierry Stern, President of Patek Philippe, hosted the official opening ceremony of the Patek Philippe Institute Shanghai, the first institute of its kind located outside the watchmakers Geneva workshops. This marks a new milestone in the b...
... on its long term expectations and commitment for the China market. Since both Beijing and Shanghai have opened for only several years, the 50% growth is coming from the combination of 1) watches bought & worn in China, and 2) bought outside of Chi...
This is indeed a very important move for PP. Although PP didn't open up numerous retail stores in China as other Swiss watch companies did, it is a smart move for them to open up a major servicing center and train local watchmakers. As someone already men...
All the several hundred candidates who were fortunate enough to get tested apparently had no prior experience in watch making This approach demonstrates that Patek wants to train up their watch makers with its own culture and approach