8/26/2011

A Small Brand Profile of Panerai

The history of Panerai started from 1860, it was known for producing precision instruments and excellent quality at that time. In the beginning, it only made precision instruments and wrist watches for the Italian Royal Navy. Today, Panerai has been one of the most famous advanced sports watch brands in the world. With the design inspiration coming from the ocean, it positions itself as a sports and casual advanced watch brand. Italian design style and Swiss expertise make each Panerai watch have distinctive characteristics and excellent quality.

In 1860, Guido Panerai, the founder of Panerai company, had shown its talent in watch-making, at that time, Panerai exclusively supplied the Italian Navy precision instruments and compass, in the early 20th century, Guido Panerai opened a watch shop in Florence, this shop later became the official authorized dealer of Rolex and Patek Philippe.

In 1936, Panerai released their first wrist watch, which was equipped with Angelus movement, this watch was made at the request of the Italian Navy.

In 1938, Radiomir watch that was produced by Panerai officially became the permanent exclusive product of the Italian Royal Navy.

In 1997, Panerai was acquired by Richemont Group and pushed to international market, under the control of production and unique marketing strategy, Panerai storm immediately swept the whole world. Today, there are no other watch brands that can replace the unique status of Panerai, which is leading the fashion trend with its "large face", in the development, it not only continued to introduce new masterpieces and technology, but also follow its Italian design tradition.

In 2002, Panerai opened a store in Hong Kong, this was the first boutique that was opened in Asia, the second was located in Shanghai. Hong Kong boutique was set up on the first floor of Prince's Building, where many world-famous brand shops gathered. The customers of this boutique came from different countries, including watch lvoers and collectors, this store not only sold Panerai common series products, but also supplied special edition watches that were produced each year.

Today's Panerai

Every Panerai watch is crystal of long history, Italian design and Swiss watch-making craft. It will release a series of new models each year to show their love for the nature and the passion for innovation and exploration: these characteristics are exactly the symbol of modern Panerai.

Now, every component of Panerai is completely made by Neuchâtel watch factory in Switzerland. The case and movement of Panerai watches are designed, developed and produced by themselves, from assembly to each aspect of quality control, all the processes are implemented inside the factory.

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