FabR[Senior Patek Moderator]
26166
Indeed, but when they continue to spread rumors by pretending to give credibility to a well-known fake news outlet like Bloomberg, they have to realize that the damage to Patek's reputation can become significant over time.
Nov 25, 2019,13:21 PM
Hodinkee is still taken seriously be many watch collectors, so I believe they have a moral obligation to maintain standards well above Bloomberg or the like. And I'm sure they understand they have much more to lose than Patek by going down this route...the last thing Hodinkee wants is to develop a reputation of "fake watch news", which would be nearly impossible to recover from.
So this is obviously their decision, but I still hope they'll choose to correct that part of today's article in a timely fashion (including the sentence "there have been rumors that Patek Philippe will be offered for sale in the coming years"). Cheers ;-)
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LVMH buying Tiffany and what it means for Patek
By: @Patek_Ambassador : November 25th, 2019-07:16
LVMH announced they are buying Tiffany today for $16.2bn. Here is a bit on the Patek angle of the Tiffany relationship: Ever since the rumor of this deal surfaced, there has been chatter within the community about what it might mean for watches – or more...
So Hodinkee has been bought by Bloomberg?
By: FabR : November 25th, 2019-08:33
It’s amazing how they periodically still get back to this obsession of Patek being on sale, even after no shred of evidence was ever produced, and Mr Stern had to offer countless unequivocal denials after Bloomberg’s damaging fake news. Now the conspiracy...
The other side of this *might* be...
By: Jay (Eire) : November 25th, 2019-13:44
...it’s good for new watch buyers whom may be “investing” substantial sums of money into a Patek to at least consider what the future might hold and how that might impact their “investment”. (Yes, I’m sure there are readers of H that will put substantial ...
LVMH owns all 4 corners on 57th and 5th
By: U3O8 : November 25th, 2019-08:52
North East Corner is LVMH store. South East Corner is Tiffany & Co. North West Corner is Van Cleef & Arpels (ok, technically in Bergdorf Goodman but VCA still has the door and windows on the street). South West Corner is Bulgari.
However...
By: TheMadDruid : November 25th, 2019-09:07
Several years ago Thierry Stern, in an interview, stated that he would like to see the brand stay private at least until it was 200 years old.
The last Patek magazine...
By: Catulle : November 25th, 2019-09:41
...publishes what seems like a serious rebuttal of the Bloomberg article about their sale. But who knows. I don’t believe anything from these people who dance to the sound of hard cash.
Pattek’s future
By: Weems@8 : November 25th, 2019-14:10
We wil see. Pattek Phillipe is for me just a high luxury watchbrand, nothing more. F.P. Journe is the real deal. Independent, and pure.
Hodinkee is fluff for dollars
By: aston.db4 : November 25th, 2019-14:49
Beyond the LVMH and Tiffany ordeal, has anyone else noticed that Hodinkee is now an official Omega AD? I am truly surprised that Swatch Group gave an online blog an authorized license to peddle Omega watches while pulling them from brick and mortar stores...
Patek not for sale?
By: KonaJ : November 25th, 2019-18:47
Don’t be too sure. No doubt every major Investment Banking firm in the world has contacted them looking for new Merger
missing end of my post...
By: KonaJ : November 25th, 2019-18:50
and acquisition business and if the right offer come along, who knows??
Curious (or weird)
By: piccolochimico (aka dsgalaxy1) : November 26th, 2019-01:24
I never read of anglage, precision, technical bla bla blas.... Money, value, price . Sad, eventually.