Frederique Constant Geneve Shows Impressive Growth In 2008

Swiss watch brand Frederique Constant closed September 2008 with an 18% growth rate, a number which surpassed the company's September 2007 results.  The figure is a new record for Frederique Constant, whose manufacturing facility is located in the Geneva industrial suburb of Plan-les-Oates.  

Frederique Constant's press material notes that the family-owned company is performing well, with continued strength coming from the Russian, Asian and Middle Eastern markets.  Frederique Constant was founded by Peter Stas and Aletta Stas; over the twelve years the company has been in operation, it has seen consistent growth between 25 and 30 percent, establishing itself as a solid player in the Swiss luxury watch industry.  The brand's watches are available at over 2,500 points of sale around the globe, and production figures for 2008 are approximately 100,000 pieces.  

“We are proud to have reached our best month ever this September and it proves that our product proposition ?accessible luxury ?continues to have great potential," said CEO Peter Stas.  "The initial concept behind the brand was to create Swiss Made, high quality and innovative watches at sensible prices. Still today, it is this mission that drives our passion. We would like to take the opportunity to thank our worldwide partners for their continuous support of Frédérique Constant."

The Frederique Constant manufacture is located in the Geneva industrial suburb of Plan-les-Oates, a region home to the factories of many famous watch brands, among them Piaget, Rolex, Vacheron Constantin, and Patek Philippe.  Noted for its "Heart Beat" concept which exposes the balance wheel of the watch through the dial, Frederique Constant has also gained acclaim through the introduction of its own in-house mechanical movements, including a tourbillon caliber with a silicon escape wheel.