Moti Ferder stepped down Wednesday and will not receive any severance pay, parent company Compass Diversified said.
Tiffany introduces CT60 watch collection
The stainless steel timepieces have Swiss self-winding mechanical movements and alligator straps.
New York--Swiss movements and alligator straps are among the features offered in Tiffany & Co.’s new Tiffany CT60 watch collection, a collection inspired by the company’s founder, Charles Tiffany.
The new collection marks a return to serious watchmaking for Tiffany & Co., which remains embroiled in a costly legal battle with Swatch Group over the company’s now-defunct watch-making partnership.
There are two lines in the 23-piece collections, Chronograph and 3-Hand, for both men and women in stainless steel with soleil finishes and poudré numerals.
There also is a limited-edition Calendar watch in 18-karat rose gold with a 42-hour power reserve, shock-absorption system and sapphire crystal exhibition caseback, as well as other 18-karat rose gold models in the Chronograph and 3-Hand lines.
Movement-wise, Dubois-Depraz is the supplier of the self-winding mechanical movement for the limited-edition Calendar watch while the Chronograph and 3-Hand watches have self-winding mechanical movements from La Joux Perret and Three-Hand by Sellita, respectively.
In addition to the CT60 collection--an abbreviation for Charles Tiffany 60 Seconds--Tiffany has introduced the Tiffany East West collection, a line of timepieces with rectangular-shaped cases.
Available in three styles, they are stainless steel with a black, blue or white dial and are powered by quartz movements.
“This year marks a new era for Tiffany & Co. watches,” the company said. “In addition to providing a greater selection of timepieces, the 2015 collections will inject a new element of design which will certainly entice our existing customers and will attract new customers.”
Timepieces in the Tiffany CT60 collection start at $4,250, and Tiffany East West pieces start at $3,500. Both lines are available only at Tiffany retail locations.
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