Omega SA

Omega SA
Private
Industry Watch manufacturing
Founded 1903
Founder Louis Brandt
Headquarters Biel/Bienne, Switzerland
Key people
 Nicolas G. Hayek (†), Chairman
Stephen Urquhart, President
Products Watches
Parent The Swatch Group
Website omegawatches.com

Omega SA (UK /ˈoʊmᵻɡə/; US /oʊˈmeɪɡə/) is a Swiss luxury watchmaker based in Biel/Bienne, Switzerland. Britain's Royal Flying Corps chose Omega watches in 1917 as its official timekeepers for its combat units, as did the American army in 1918. Omega watches were the choice of NASA and the first watch on the Moon in 1969.[1] Omega has been the official timekeeping device of the Olympic Games since 1932.[2] James Bond has worn it in films since 1995; other famous Omega wearers, past and present, include John F. Kennedy,[3] Prince William, and Buzz Aldrin.[4] Omega is owned by the Swatch Group.

History

Foundation

The workbench of Louis Brandt with a photograph of the founder.
Omega Cal. 267, 1957/58
Omega Constellation - 18k rosegold - 1958
Omega medical chronograph with outer pulsations track, ca. 1951
Omega Seamaster De Ville, an early "waterproof" watch, with automatic movement and date, in 14k gold
Omega Genève Cal. 613

The forerunner of Omega, La Generale Watch Co, was founded at La Chaux-de-Fonds, Switzerland in 1848[5] by Louis Brandt, who assembled key-wound precision pocket watches from parts supplied by local craftsmen. He sold his watches from Italy to Scandinavia by way of England, his chief market. In 1894, his two sons Louis-Paul and César developed a revolutionary in-house manufacturing and total production control system that allowed component parts to be interchangeable. Watches developed with these techniques were marketed under the Omega brand of La Generale Watch Co. By 1903 the success of the Omega brand led to La Generale Watch Co to spin off the Omega brand as its own company, and the Omega Watch Co was officially founded in 1903.

Merger

Louis-Paul and César Brandt both died in 1903, leaving one of Switzerland's largest watch companies — with 240,000 watches produced annually and employing 800 people — in the hands of four young people, the oldest of whom, Paul-Emile Brandt, was not yet 24.

Brandt was the great architect and builder of Omega.[6] His influence would be felt over the next half-century. The economic difficulties brought on by the First World War would lead him to work actively from 1925 toward the union of Omega and Tissot, then to their merger in 1930 into the group SSIH, Geneva.

Under Brandt's leadership and Joseph Reiser's from 1955, the SSIH Group continued to grow and multiply, absorbing or creating some fifty companies, including Lanco and Lemania, manufacturer of the most famous Omega chronograph movements. By the 1970s, SSIH had become Switzerland's number one producer of finished watches and number three in the world. Up to this time, the Omega brand outsold Rolex, its main Swiss rival in the luxury watch segment, although Rolex watches sold at a higher price point. Around this time it was viewed as Rolex versus Omega in the competition for the "King of Swiss Watch brands". Omega watches tended to be more revolutionary and more professional focused, while Rolex watches were more ‘evolutionary’ and famous for their mechanical pieces and brand.[7][8][9]

While Omega and Rolex had dominated in the pre-quartz era, this changed in the 1970s. That was when Japanese watch manufacturers such as Seiko and Citizen rose to dominance due to their pioneering of quartz movement. In response, Rolex continued concentrating on its expensive mechanical chronometers where its expertise lay (though it did have some experimentation in quartz), while Omega tried to compete with the Japanese in the quartz watch market with Swiss made quartz movements.[7][10]

Financial takeover

Weakened by the severe monetary crisis and recession of 1975 to 1980, SSIH was bailed out by the banks in 1981. During this period, Seiko expressed interest in acquiring Omega, but nothing came out of the talks.

Switzerland's other watch making giant Allgemeine Schweizerische Uhrenindustrie AG (ASUAG - supplier of a large range of Swiss movements and watch assemblers) was in economic difficulty. It was the principal manufacturer of Ébauche (unfinished movements) and owner, through their sub-holding company General Watch Co (GWC), of various other Swiss watch brands including Longines, Rado, Certina, Hamilton Watch and Mido.

After drastic financial restructuring, the R&D departments of ASUAG and SSIH merged production operations at the ETA complex in Granges. The two companies completely merged forming ASUAG-SSIH, a holding company, in 1983.

Two years later this holding company was taken over by a group of private investors led by Nicolas Hayek. Renamed SMH, Société de Microélectronique et d'Horlogerie, this new group over the next decade proceeded to become one of the top watch producers in the world.[11] In 1998 it became the Swatch Group, which now manufactures Omega and other brands such as Blancpain, Swatch, and Breguet.

Omega's brand experienced a resurgence with advertisement that focused on product placement strategies, such as in the James Bond 007 films; the character had previously worn a Rolex Submariner but switched to the Omega Seamaster with GoldenEye (1995) and has stayed with the latter ever since. Omega also adopted many elements of Rolex's business model (i.e. higher pricing, tighter controls of dealer pricing, increasing advertising, etc.) which was successful in increasing Omega's market share and name recognition to become more of a direct competitor to Rolex.[7][12]

Observatory Trials

Observatory trials focused on the science of Chronometry and the ability to make chronometers measure time precisely. Only Patek Philippe and Omega participated every year in the trials. Omega's performances at these competitions garnered the company a reputation of precision and innovation.[13]

For more than a decade (1958 – 1969), Omega was the largest manufacturer of COSC chronometers. Omega developed the slogan "Omega – Exact time for life" in 1931 based on historical performance at the Observatory trials. Omega's early prowess in designing and regulating timing movements was made possible by the company's incorporation of new chronometric innovations.[13]

Important reference dates for the Omega precision records: [13]

Movements and the coaxial escapement

In 1947, Omega created the first tourbillon wristwatch calibre in the world with the 30I. Twelve of these movements were made, intended for inclusion in the observatory trials in Geneva, Neuchâtel and Kew-Teddington, and they were known as the Omega Observatory Tourbillons. Unlike conventional Tourbillion movement’s whose cages rotate once per minute, the 30I’s cage rotated one time each seven and a half minutes. In 1949, one of these delivered the best results ever recorded by a wristwatch up to that time. A year later, Omega broke its own record, in the Geneva Observatory Trials of 1950.[15]

In 1999, with the successful own development of Calibre 2500,[16] Omega made history by introducing the first mass-produced watch incorporating the coaxial escapement — invented by English watchmaker George Daniels. Considered by many[17] to be one of the more significant horological advances since the invention of the lever escapement, the coaxial escapement functions with virtually no lubrication, thereby eliminating one of the shortcomings of the traditional lever escapement. Through using radial friction instead of sliding friction at the impulse surfaces the coaxial escapement significantly reduces friction, theoretically resulting in longer service intervals and greater accuracy over time.[18]

On January 24, 2007 Omega unveiled its new Calibres 8500[19] and 8501, two coaxial (25,200 bph) movements created exclusively from inception by Omega.[20]

On January 17, 2013 Omega announced the creation of the world's first movement that is resistant to magnetic fields greater than 1.5 tesla (15,000 gauss), far exceeding the levels of magnetic resistance achieved by any previous movement. Most anti-magnetic watches utilize a soft iron - faraday cage which distributes electromagnetism in such a way that it cancels the effect on the movement contained within. Omega has instead built a movement of non-ferrous materials eliminating the need for such a cage and providing a far greater resistance to magnetic fields.[21]

Omega watches in space exploration

The Omega Speedmaster, or "Moonwatch", selected by NASA for all the Apollo missions

The selection of the "Omega Speedmaster Professional Chronograph" for American astronauts was the subject of a rivalry between Omega and Bulova.[22]

All subsequent manned NASA missions also used this handwound wristwatch. NASA started selecting the chronograph in the early 1960s. Automatic chronograph wristwatches were not available until 1969. Even so, all the instrument panel clocks and time-keeping mechanisms in the spacecraft on those space missions were Bulova Accutrons with tuning fork movements, because at the time NASA did not know how well a mechanical movement would work in zero gravity.

First watch on the moon

The "Omega Speedmaster Professional Chronograph" was the first watch on the Moon, worn by Buzz Aldrin. Although Apollo 11 commander Neil Armstrong was first to set foot on the moon, he left his 105.012 Speedmaster inside the Lunar Module as a backup because the LM's electronic timer had malfunctioned. Buzz Aldrin elected to wear his and so his Speedmaster became the first watch to be worn on the moon. Armstrong's watch is now displayed at the National Air and Space Museum in Washington, D.C.[23] Aldrin's is lost. He mentions in his book, Return to Earth, that when donating several items to the Smithsonian Institution, his Omega was one of the few things that was stolen from his personal effects.[24]

In 2007, to mark the 50th anniversary of the Omega Speedmaster Professional Chronograph, the Omega company unveiled the commemorative Speedmaster Professional Chronograph Moonwatch. The watch had the distinctive features of the first hand-winding Omega Speedmaster introduced in 1957. It was sold in an edition of 5,957.[25]

Notable owners

Omega sponsors a number of celebrities to wear and advertise their watches including:[26]

In addition the following have been seen wearing Omega watches:

Sponsorship, product placement, advertising, and sport

Kojak

In the TV-series Kojak (1973-1978) lead actor Telly Savalas wore a gold-plated Omega Time Computer One, the first mass-produced LED-watch.

James Bond

The Omega Seamaster, a deep diving watch. The second crown (at 10 o'clock) is a helium release valve to allow helium out of the watch after diving at great depth. The watch is similar to that shown in recent James Bond films, in which this valve is transformed into improbable hidden gadgets.

Omega has been associated with James Bond movies since 1995. That year, Pierce Brosnan took over the role of James Bond and began wearing the Omega Seamaster Quartz Professional (model 2541.80.00) in the movie GoldenEye. In all later films, Brosnan wore an Omega Seamaster Professional Chronometer (model 2531.80.00). The producers wanted to update the image of the fictional "super-spy" to a more distinctly sophisticated "Euro" look.[45]

Another possible reason for the change from the Rolex Submariner that Bond had previously worn was a change in the business environment surrounding modern high-profile films and product placement. Omega was eager to participate in high profile co-promotions/product placement opportunities, especially the James Bond franchise, to further its brand image/awareness. It accomplished this by supplying products and finance (something that the conservative Rolex company avoids, presumably because it sees no benefit for itself).[46]

For the 40th anniversary of James Bond (2002) a commemorative edition of the watch was made available model 2537.80.00 (10,007 units). The watch is identical to the model 2531.80.00 except the blue watch dial had a 007 logo inscribed across it and also machined into the caseback. The band also had 007 inscribed on the clasp.[47]

Daniel Craig, the current James Bond since Casino Royale also wears the Omega Seamaster: the Seamaster Planet Ocean (model 2900.50.91) in the first part of Casino Royale, and the Seamaster Professional 300M (model 2220.80.00) in the latter part (from travelling to Montenegro). He even goes so far as to mention Omega by name when questioned by Vesper Lynd. In connection with the launch of the film, Omega released an 007-special of the Professional 300M, featuring the 007-gun logo on the second hand and the rifle pattern on the watch face, this being a stylized representation of the gunbarrel sequence of Bond movies.[48]

Omega released a second James Bond limited edition watch in 2006. This was a Seamaster Planet Ocean model with a limited production of 5007 units. The model is similar to what Craig wears earlier on in the film; however, it has a small orange colored 007 logo on the second hand, an engraved caseback signifying the Bond connection, and an engraved 007 on the clasp.[49] In the 2008 movie, Quantum of Solace, Craig wears the Omega Seamaster Planet Ocean with a black face and steel bracelet (42mm version). Another limited edition was released featuring the checkered "PPK grip" face with the Quantum of Solace logo over it.[50] The third limited edition release from Omega came in 2012. This model was based on the Planet ocean Ref: 232.30.42.21.01.004. It featured a textured dial with the 007 logo at the 7 o'clock position. It also featured a 007 decorated rotor visible through the case-back.[51] In 2015 two commemorative models were produced for the 24th Bond film "SPECTRE". The Omega Seamaster 300m master co-axial Ref: 233.32.41.21.01.001. 7007 examples were produced, and came with a nato strap as well as the standard bracelet. The watch also featured a bi-directional bezel with a world timing scale rather than a diving scale present on the standard 300m.[52] The second timepiece for the film was the Omega Seamaster Aqua Terra 150m master co-axial Ref: 231.10.42.21.03.004. The watch was decorated with a textured dial based on the Bond family coat of arms, as well as having a rotor resembling a bullet and gun barrel with James Bond inscribed.[53]

Sports sponsorship

Omega has frequently been the official timekeeper for the Olympics, beginning with the 1932 Summer Olympics. It was the official timekeeper for the 2006 Winter Olympics and for the 2008 Summer Olympics, and did the same for the 2010 Winter Olympics.[54] For the 2008 Olympics, Omega brought out an Olympic edition with its logo on the second hand. Olympic swimmer and multiple gold medalist Michael Phelps is an Omega Ambassador and wears the Seamaster Planet Ocean. Omega is also the official timekeeper for the 2012 Summer Olympic Games.[55]

Providing support to Emirates Team New Zealand and representing the team's official watch, in 2007 Omega introduced the Seamaster NZL-32 chronograph, with the name suggested by the name of the boat that won the America's Cup in 1995. The watch was developed in cooperation with Dean Barker, skipper of Team New Zealand and Omega Ambassador.[56]

On July 1, 2011 Omega, became the official timekeeper of PGA of America through the signing of a five-year agreement that will carry through 2016.

In 2014 Omega became the official timekeeper of the 2014 Sochi Winter Olympic Games.

Watch models

Rare Seamaster chronometer in stainless steel case w/ rose gold markers, Ca. 1949
The Seamaster Planet Ocean 600 M diving watch is currently Omega's newest version of the Seamaster Series.

For men

For women

See also

References

  1. ↑ Bailham, Lee; Eric Jones. "Omega Speedmaster Professional Chronographs". NASA. Retrieved 21 April 2012.
  2. ↑ "Highlights of Olympic Timekeeping". Omega SA. Retrieved 21 April 2012.
  3. ↑ "オメガ・ウォッチ: JFK’s Omega Wristwatch acquired for the Omega Museum". オメガ・ウォッチ. Retrieved 22 March 2015.
  4. ↑ "OMEGA Watches: Planet OMEGA". OMEGA Watches. Retrieved 22 March 2015.
  5. ↑ "Omega: the first 100 years".
  6. ↑ Richon, Marco. 2007 Omega: A Journey through Time.
  7. 1 2 3 papajon on October 31, 2010 · 5 Comments (2010-10-31). "Rolex Vs Omega: A Brief History of Two Great Watch Brands". Swiss Watch Guide. Retrieved 2013-02-21.
  8. ↑ "Comparative Review of the Omega Seamaster Professional Model2254.50.00 VS. The Rolex Submariner 16610 | Luxury Tyme: The Rolex Reference Page". Luxury Tyme. Retrieved 2011-12-31.
  9. ↑ "Comparative Review of the Rolex Sea-Dweller VS. Omega Planet Ocean". The Seamaster Reference Page. 2010-08-03. Retrieved 2011-12-31.
  10. ↑ Expert Author (2011-01-08). "Rolex vs. Omega; The Rivalry Goes On". Yourexpertarticles.com. Retrieved 2011-12-31.
  11. ↑ According to the DowJones Market Bulletin of January 18, 2008.
  12. ↑ "Bonding With Time – The Wristwatches of James Bond". Jamesbond.ajb007.co.uk. 2006-06-29. Retrieved 2011-12-31.
  13. 1 2 3 Omega Central Tourbillon - Part 1: History of Omega Observatory Trials and Precision Records
  14. ↑ "FIRST 100 YEARS - omegamuseum.com". Retrieved 22 March 2015.
  15. ↑ "OMEGA Watches: The Collection". OMEGA Watches. Retrieved 22 March 2015.
  16. ↑ Omega Co-Axial 2500
  17. ↑ See Europa Star technical notes.
  18. ↑ Phillip Woodward, Performance of the Daniels Coaxial Escapement (PDF), British Horological Institute Horological Journal, August 2004 (retrieved on 2007-02-21).
  19. ↑ "OMEGA Watches: Planet OMEGA". OMEGA Watches. Retrieved 22 March 2015.
  20. ↑ http://www.nytimes.com/2012/09/05/fashion/05iht-acaw-hitech05.html?pagewanted=all&_r=1&
  21. ↑ Omega Watches, OMEGA announces the first truly anti-magnetic watch movement
  22. ↑ Alan A. Nelson, "The Moon Watch: A History of the Omega Speedmaster Professional", NAWCC Bulletin, February 1993.
  23. ↑ Omega Speedmaster Professional Chronographs Apollo Lunar Surface Journal, 2004.
  24. ↑ Alan A. Nelson, "The Moon Watch: A History of the Omega Speedmaster Professional", NAWCC Bulletin via , February 1993 issue (retrieved on 2007-02-21).
  25. ↑ "New Omega Speedmaster Moonwatch - a Piece of Space History". Retrieved 22 March 2015.
  26. ↑ "Swiss Luxury Watch Manufacturer". OMEGA Watches. Retrieved 2013-02-21.
  27. ↑ www.omegawatches.com The last man on the Moon is ready to give up his title
  28. ↑ "OMEGA Watches: Planet OMEGA". OMEGA Watches. Retrieved 22 March 2015.
  29. ↑ "OMEGA Watches: Planet OMEGA". OMEGA Watches. Retrieved 22 March 2015.
  30. ↑ "OMEGA Watches: Planet OMEGA". OMEGA Watches. Retrieved 22 March 2015.
  31. ↑ "OMEGA Watches: Michael Phelps". OMEGA Watches. Retrieved 22 March 2015.
  32. ↑ "OMEGA Watches: Planet OMEGA". OMEGA Watches. Retrieved 22 March 2015.
  33. ↑ Omega Ambassador
  34. ↑ "Omega Seamaster - Prince William". Watch ID. Retrieved 2011-12-31.
  35. ↑ Adams, Ariel (2009-02-02). "Vice President Joe Biden Said To Wear A Quartz Omega Seamaster Watch". Luxist.com. Retrieved 2011-12-31.
  36. ↑ Omega’s Reminder: J. F. K. Wore One
  37. ↑ "揭秘：一块陪伴毛泽东31年的欧米茄手表_时政频道_新华网". Retrieved 22 March 2015.
  38. ↑ "OMEGA Watches: The Collection". OMEGA Watches. Retrieved 22 March 2015.
  39. ↑ "Elvis Presley's Omega Fetches King's Ransom at Antiquorum Auction - WatchTime - USA's No.1 Watch Magazine". Retrieved 22 March 2015.
  40. ↑ "Tom Hanks And His OMEGA Speedmaster Professional". Fratello Watches. Retrieved 22 March 2015.
  41. ↑ "Adam Savage's Everyday Carry (EDC) - Tested". Tested. Retrieved 22 March 2015.
  42. ↑ "PIONEERING SPIRIT - omegamuseum.com". Retrieved 22 March 2015.
  43. ↑ "Warum wird diese Seite angezeigt?" (PDF). Retrieved 22 March 2015.
  44. ↑ Columbus Zoo Profile of Jack Hanna, picture shows Omega Seamaster Professional Two Tone Sword hands style
  45. ↑ "James Bond's Choice: The Omega Seamaster", commanderbond.net, 2004-03-29 (retrieved on 2007-02-21).
  46. ↑ "The 007 Connection", chronocentric.com (retrieved on 2007-02-21).
  47. ↑ Lara Magzan, "The business of Bond...James Bond", CNN/Money, 2002-11-25 (retrieved on 2007-02-21).
  48. ↑ Devin Zydel, "Omega Presents James Bond Exhibition in Geneva", Commanderbond.net 2007-01-06 (retrieved on 2007-02-21).
  49. ↑ Devin Zydel, "Omega Casino Royale Limited Series Planet Ocean Watch Announced", commanderbond.net 2006-11-05 (retrieved on 2007-02-21).
  50. ↑ Omega ""
  51. ↑ "Omega Co-Axial 42 mm". OMEGA Watches. Retrieved 2015-11-22.
  52. ↑ "Omega Seamaster 300 SPECTRE Limited Edition". Bond Lifestyle. Retrieved 2015-11-22.
  53. ↑ "Omega Seamaster Aqua Terra 150M Limited Edition". Bond Lifestyle. Retrieved 2015-11-22.
  54. ↑ "Official Timekeeper Omega unveils the Vancouver 2010 Countdown Clock", Olympic.org, 2007-02-13 (retrieved on 2007-02-21).
  55. ↑ LONDON 2012 OLYMPIC GAMES
  56. ↑ "New Omega Seamaster - Developed In the Regatta Spirit". Retrieved 22 March 2015.

External links

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