Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
Longines
Companies and corporations

History of the Swiss watch brand Longines

01.02.2025
2 min read

Longines: a prestigious premium watch brand

The Swiss watchmaker Longines produces luxury products. It is the oldest brand in the world and is registered with WIPO, the World Intellectual Property Organisation.
Its history dates back to 1832 when Auguste Agassiz decided to create Raiguel Jeune & Cie. He persuaded his daughters’ husbands to join him in selling watch parts. The business developed, and the partners soon decided to change their field of activity. They began assembling their pocket watches with spindle escapements. The products quickly found customers outside Switzerland. Agassiz enlisted the help of relatives to enter the US market, which accelerated the company’s development.

Expanding the business

In 1846, the founder’s sons-in-law left the company. The management of the successful manufactory passed entirely to Agassiz. Before retiring, however, he entrusted the management of the company to his nephew, Ernest Francillon. The latter officially took over the company in 1852 and began to develop its activities actively. Key stages in the transformation of the manufacture with Francillon:
– the purchase of land in 1867 for the construction of the new company;
– the company was named Longines in honour of the place where the new factory was located;
– development of a new movement with a winding crown and anchor escapement;
– the company adopted a logo in the form of an hourglass with wings;
– the transformation of production in 1876 made it possible to mechanise part of the process;
– the brand patented the 20H calibre;
– in 1880, the Manufacture began to produce all the parts for its watches;
– the company registered its logo in 1889, and, 4 years later, its name.
Longines watchIn the United States, Longines products became very popular with those involved in equestrian sports. By 1886, the brand’s watches had become an indispensable accessory for professional jockeys and their fans.
In the 1920s, the company changed its strategy to focus on the production of navigation instruments. Longines’ instruments provided the most accurate timekeeping and allowed longitude and latitude to be calculated with great precision.

Modern history

A further transformation of the company took place in 1969 when the brand began to produce quartz movements. By the 1970s, the brand’s watches had evolved into subtle and elegant accessories that underlined the wearer’s status.
In 1988, the company stopped producing its movements and began buying them from ETA. Since then, Longines has concentrated on strengthening the brand and raising its profile.
The company partners with many sporting events, such as horse racing. It was also the main timekeeper for Formula 1 for more than 10 years. Since 2013, the brand has been the official partner of international equestrian events.
Longines watches are luxury accessories that have gained recognition and popularity all over the world.

Tags: Companies and corporations
0
Previous Post Protective assets as an important portfolio diversification tool Next Post Giovanni Ferrero: How the heir to a chocolate empire transformed the business

You Might Also Like

IBM corporation
Companies and corporations
IBM Corporation: the history of one of the market leaders in computer technology
21.12.2021
Netflix
Companies and corporations
Netflix: the streaming service that helped people survive the pandemic
09.02.2023
Boeing Corporation
Companies and corporations
How the Boeing Corporation came into being: early history
09.09.2022
Jack Wolfskin
Companies and corporations
Jack Wolfskin: a brand for the great outdoors
06.06.2024
Pixar story of animation studio
Companies and corporations
Pixar Animation Studios: how the dream of two geniuses came true
18.03.2024
Kraft Heinz Company
Companies and corporations
History of Kraft Heinz Company and its brands
25.05.2021

Popular Posts

  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Spain’s economy performs best in the EU
  • Li Ka Shing: How can success be achieved without money and education?

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Press Secretary
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Press Secretary
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Press Secretary
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Press Secretary
16.05.2020

Popular Posts

  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Spain’s economy performs best in the EU
  • Li Ka Shing: How can success be achieved without money and education?
  • Skolkovo analysts: the Russian energy market is suffering losses
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram

© 2024 CHASLAU KONIUKH. ALL RIGHTS RESERVED. Expert in marketing and project management, international investments, financial analyst.

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics