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#15212   25.08.2013 09:24 GMT      
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#15220   28.08.2013 17:57 GMT      
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Vacheron Constantin attracts watch enthusiasts with $300K ultra-exclusive timepiece
By Jen King
August 19, 2013
Vacheron Constantin&ීs Patrimony Traditionnelle
watches Swiss watchmaker Vacheron Constantin is adding to its Collection Excellence Platine series with the addition of a limited edition-platinum timepiece that is priced at $323,500.
rolex Vacheron Constantin’s highly anticipated Patrimony Traditionnelle 14-Day Tourbillon combines technology and style sure to be sought after by timepiece enthusiasts. With only 50 manufactured, the limited quality of Vacheron’s timepiece will likely generate an increase interest in the Collection Excellence Platine series and the brand.
rolex datejust &񗝌With the demand high and the supply low, the value of these watches will be extremely high,&񗝍 said Hamilton Powell, president and founder of  Crown &amp; Caliber , Atlanta.
rolex daytona &񗝌If Vacheron Constantin was not limiting this collection to 50 pieces, watch enthusiasts would not feel any sense of urgency to purchase the watch,&񗝍 he said.
rolex watch &񗝌Limiting the collection to 50 pieces will increase the demand for watch enthusiasts and make it the perfect watch for any avid watch collector.&񗝍
<a href="http://www.rolexonlinesales.com">rolex daytona</a> Mr. Powell is not affiliated with Vacheron Constantin, but agreed to comment as an industry expert.
Vacheron Constantin  was unable to comment directly.
A piece of time
The watchmakers’ Collection Excellence Platine debuted in 2006 as a way to pay homage to the mechanics of watchmaking and the precious metal, platinum for its role in the structure of many timepieces.
Vacheron Constantin’s Patrimony Traditionnelle 14-Day Tourbillon is crafted from 231 parts and is encased in platinum.
This exclusive timepiece, features a Calibre 2260 allowing the hand-wound tourbillon to supply the timepiece with a 14-day power reserve.
Patrimony Traditionnelle timepiece 
The timepiece is also equipped with small seconds at six o’clock, off-center minutes and hours functions and a power reserve display .
A dragging and trailing hand allows the timepiece’s wearer to easily read the time reserve.
The 14 days of the time reserve are split into two 12-hour slices to enhance the readability.
Vacheron Constantin’s Calibre 2260 features two large bridges.
The movement finishing shows a motif of the Côtes de Genève while the clasp was inspired by the Maltese Cross.
The tourbillon bar took Vacheron Constantin’s watchmakers over 11 hours to round.
Patrimony Traditionnelle caseback
The brand’s addition to its Collection Excellence Platine series features signatures of the series including a 950 platinum dial with a sandblasted finish and a PT950 inscription between 4 and 5 o’clock.
The timepiece also features a platinum folding clasp that attaches a dark blue alligator leather strap with hand-sewn saddle-stitching of silk and platinum thread.
With only 50 created, the ultra-exclusiveness of Vacheron Constantin’s Collection Excellence Platine series is likely to attract the attention of timepiece aficionados, collectors and brand enthusiasts.
Power by numbers
Brands that release exclusive products are likely to see an increase in product awareness from consumers.
For example, Swiss watchmaker Hublot is catering to a concentrated group of Ferrari owners with its new Big Bang Ferrari watch available exclusively at the Hublot Boutique Beverly Hills, CA.
Isolating the watch to a single location and grafting many Ferrari references onto it adds extra layers of exclusivity that may spur consumers to make the purchase. Partnerships such as this create occasions for unveiling new watches, since a new watch can accompany vehicles designed or events coordinated by the other party ( see story ).
Similarly, Italian fashion label Fendi publicized its participation in London department store Harrods’ Handbag Narrative exhibit by releasing a short video that showcased the craftsmanship behind its specifically designed handbag.
The video showed a Fendi craftsman creating the individual elements of the exclusive 2Jours handbag sold at Harrods. Through the video, Fendi was able to show off its craftsmanship while promoting the event at Harrods ( see story ).
Exclusive items may create a deeper brand affinity for consumers.
&񗝌Watch enthusiasts will continue to associate Vacheron Constantin with creating rare and valuable watches, helping to increase the demand and perceived value of all Vacheron Constantin models,&񗝍 said Mr. Powell.
&񗝌When brands release unique timepieces, it gives them the opportunity to make a place for themselves in the history of watchmaking,&񗝍 he said. &񗝌Luxury watch brands should strive to make contributions to horology.
&񗝌Offering something unique to watch enthusiasts will ensure that the brand will be around for many generations to come.&񗝍
Final Take
Jen King, editorial assistant on Luxury Daily, New York
Jen King is an editorial assistant on Luxury Daily. Her beats are consumer electronics, consumer packaged goods, food and beverage, fragrance and personal care, jewelry, media/publishing, software and technology and telecommunications. Reach her at jen@napean.com.
Like this article? Sign up for a free subscription to Luxury Daily's must-read newsletters. Click here!
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#15225   29.08.2013 02:38 GMT      
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Silver Ferns name new look team
Netball: New Zealand name new-look side for clash against the Diamonds
Amanda Lulham
The Daily Telegraph
August 23, 2013
10:59AM
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Former Swifts player Courtney Tairi. Picture: Brett Costello
Source:
DailyTelegraph
omega watches NEW Zealand will field a new-look side against the Diamonds - including a rising star born in Australia - when the two powers of world netball clash in the Constellation Cup next month.
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"With such a busy international calendar ahead, we fully intend on using the whole squad of 15 players in the next few months, especially with the three tests against Malawi in October, the Fast5 Netball World Series in November and the Silver Ferns tour of England in January." The Silver Ferns Team is: Casey Kopua (Captain), Laura Langman (Vice-Captain), Jodi Brown, Leana de Bruin, Katrina Grant, Joline Henry, Cathrine Latu, Camilla Lees, Courtney Tairi, Maria Tutaia, Te Huinga Reo Selby-Rickit and Irene van Dyk.
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#15232   31.08.2013 08:06 GMT      
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Tiffany profit rises on sales gains in China, forecast raised
August 28, 2013 by Agency Reporter Leave a Comment
Tiffany &amp; Co  on Tuesday reported a higher quarterly profit, helped by stronger-than-expected sales in China that trumped fears of a slowdown there, and the United States jeweler raised its full-year forecast.Shares of Tiffany rose two per cent to $83.30 in trading before the market opened.Global sales rose 4.4 per cent to $925.9m  in the second quarter ended July 31, below the $941.4m  analysts were expecting, according to Thomson Reuters.</p><strong><a href="http://www.girltiffany.com">tiffany</a></strong>
The depreciation of the yen hurt results in Japan, where Tiffany gets about 20 per cent of its sales.Sales at stores open at least a year rose five percent globally, in line with analysts’ estimates. Brisk business in China fueled a 13 per cent  gain in Asia outside Japan, well above estimates.</p><strong><a href="http://www.girltiffany.com">tiffany</a></strong>
Same-store sales rose seven per cent  in Europe, excluding currency fluctuations, and were unchanged in the Americas.</p><strong><a href="http://www.girltiffany.com">tiffany</a></strong>
Tiffany reported net income of $106.8m,  or 83 cents per share, compared with $91.8m, or 72 cents per share, a year earlier.</p><strong><a href="http://www.girltiffany.com">tiffany</a></strong>
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Tiffany still expects net sales worldwide to increase by a mid-single-digit percentage rate, including the effect of the strong U.S. dollar.</p>
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#15243   06.12.2013 23:38 GMT      
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Omega Announces Closing of Sale/Leaseback Transaction with Ark
Holding Company, Inc.
December 03, 2013 09:00 AM Eastern Standard Time
<a href="http://www.omegawatchesonsale.com">omega</a> HUNT VALLEY, Md.--( BUSINESS WIRE )--Omega Healthcare Investors, Inc. (NYSE:OHI) (“Omega”) today announced
the closing, effective as of November 27, 2013, of its previously
announced $525 million sale/leaseback transaction for 56 facilities
operated by Ark Holding Company, Inc. (“Ark Holding”). The
sale/leaseback transaction was consummated in connection with the
acquisition by merger of Ark Holding by 4 West Holdings, Inc. (“4 West”)
on November 27, 2013. Ark Holding was previously owned by private equity
firm Behrman Capital. As part of the transaction, Omega acquired title
to 55 skilled nursing facilities and 1 assisted living facility and
leased them back to the prior operators pursuant to a 50-year capital
lease with rental payments to Omega yielding 10.6% per annum over the
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The 56 facilities represent 5,717 licensed beds located in 12 states,
predominantly in the southeastern United States. The 56 facilities are
separated by region and divided among four cross-defaulted Master
Leases. The four regions include the Southeast (39 facilities), the
Northwest (7 facilities), Texas (9 facilities) and Indiana (1 facility).
The initial year one contractual rent is $47 million with 2.5%
escalators beginning in year five.
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Founded by Behrman Capital in 2007 and based in Memphis, Tennessee, Ark
Holding (historically doing business as Covenant Dove) was one of the
largest privately held skilled nursing facility operators in the
country. New Ark Investment, Inc., as Ark Holding will now be known, has
nearly 5,500 employees. Two key employees, Christopher Murphy and
Michael Bagley have been retained by New Ark and will remain on as its
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4 West is an affiliate of Health Care Navigator (“HCN”) and is based in
White Plains, New York. HCN is a long term care consulting and advisory
company providing services to over 120 skilled nursing and assisted
living facilities, representing more than 14,000 beds throughout the
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Omega Healthcare Investors, Inc. is a real estate investment trust
investing in and providing financing to the long-term care industry. At
September 30, 2013, Omega owned or held mortgages on 477 skilled nursing
facilities, assisted living facilities and other specialty hospitals
with approximately 55,066 licensed beds (52,881 available beds) located
in 33 states and operated by 48 third-party healthcare operating
companies.
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This announcement includes forward-looking statements. Actual results
may differ materially from those reflected in such forward-looking
statements as a result of a variety of factors, including, among other
things: (i) uncertainties relating to the business operations of the
operators of Omega’s properties, including those relating to
reimbursement by third-party payors, regulatory matters and occupancy
levels; (ii) regulatory and other changes in the healthcare sector,
including without limitation, changes in Medicare reimbursement; (iii)
changes in the financial position of Omega’s operators; (iv) the ability
of operators in bankruptcy to reject unexpired lease obligations, modify
the terms of Omega’s mortgages, and impede the ability of Omega to
collect unpaid rent or interest during the pendency of a bankruptcy
proceeding and retain security deposits for the debtor's obligations;
(v) the availability and cost of capital; (vi) competition in the
financing of healthcare facilities; (vii) Omega’s ability to maintain
its status as a real estate investment trust; and (viii) other factors
identified in Omega’s filings with the Securities and Exchange
Commission. Statements regarding future events and developments and
Omega’s future performance, as well as management's expectations,
beliefs, plans, estimates or projections relating to the future, are
forward-looking statements.
Contacts
Omega Healthcare Investors, Inc. Bob Stephenson, CFO 410-427-1700 or Dan
Booth, COO 410-427-1700
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