brummell december
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Brummell Magazine DecemberTRANSCRIPT
december 2011
Rising starsbanking’s stellar performers / cars for pure fun / hippest ski destinations
most exclusive clubs / hunting wild boar / stylish, glamorous accessories
the little black book for the city
Breguet, the innovatorInvention of hand-guilloché dials, 1786
Around 1786, Breguet created a resolutely new style by introducing dials
adorned with gold or silver guilloché work. Today, this form of authentic
hand craftsmanship is still one of the distinctive characteristics of a
Breguet watch. A heritage proudly perpetuated in the Classique 7337BR
model with its silvered gold dial adorned with five different hand-guilloché
patterns. History is still being written…
www.breguet.com/inventions
B R E G U E T B O U T I Q U E – 1 0 A N E W B O N D S T R E E T L O N D O N W 1 S 3 S P + 4 4 2 0 7 3 5 5 17 3 5 – W W W. B R E G U E T. C O M
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ULTR A RINGS18K WHITE GOLD, CERAMIC AND DIAMONDS
CONTENTS | BRUMMELL 13
Foreword
To be successful, notes David Charters,
it’s not enough to be good any more. You
have to be virtuous – and seen to be so, too.
Money no object Chopard jewellery that’s fit for a movie
star on the red carpet at Cannes
BeaumondeNews
Winston Churchill’s pen; Yul Brynner’s
photos and Paul Smith’s favourite material
Fragrances
We clear the miasma of new fragrances
to find the scents that make sense
Technology
Entertainment and business gadgets that
pack impressive power in compact packages
Skiing
Luxury holidays in the Alps that minimise
hassle and maximise time on the slopes
After the City
Both venture capitalist and entrepreuneur,
Greg Marsh’s latest idea is the ‘unhotel’
FeaturesRising stars of investment banking
Meet eight of the high-flyers who made
Financial News’s 40 Under 40 list
ShootingAct out your Asterix fantasies, hunting wild
boar on an estate in the hills of Tuscany
Motoring
Sports cars that make no apology for the fact
that they are built purely for driving enjoyment
Extreme sports clubs
Gaining entry to these establishments takes
more credentials than the right school tie
Watches
For all the automatic technology available, it
is hand-wound watches that excite the purist
Accessories
This season’s most tactile gifts: handbags,
iPad-holders, knitted ties, stylish hats
Creative rising stars
One (or rather four) in the eyes of ‘Britain
no longer makes anything’ doomsayers
By George
How watchmaking in Glashütte survived
East German socialism to thrive once more
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Contents
Show Media Brummell editorial 020 3222 0101
Editor
Joanne Glasbey
Art Director
Dominic Bell
Associate Editor
Henry Farrar-Hockley
Chief Copy Editor
Chris Madigan
Picture EditorJuliette Hedoin
Designer
Hillary Jayne
Copy Editors
Sarah Evans, Ming Liu,
Rupert Mellor
Fashion Director
Tamara Fulton
Creative Director
Ian Pendleton
Managing Director
Peter Howarth
Advertising & Events Director
Duncan McRae
07816 218059
showmedia.net
Visit Brummell’s website for
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Colour reproduction by Fresh Media Group, wearefmg.com
Printed by The Manson Group, manson-grp.co.uk
Brummell is designed and produced by Show Media Ltd
and distributed with Financial News. All material ©
Show Media Ltd. Reproduction in whole or in part without
written permission is strictly prohibited. While every
effort is made to ensure the accuracy of the information
contained in this publication, no responsibility can
be accepted for any errors or omissions. The information
contained in this publication is correct at the time of
going to press. £5 (where sold). Reader offers are the
responsibility of the organisation making the offer – Show
Media accepts no liabillity regarding offers.
Cover illustration by Andrew Clark
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Villeret collection complete calendar Half-Hunter
Patented under-lug correctorsSecured calendar and moon-phases mechanism
Ref. 6664-3642-55B
Success today has to encompass
not just the fine things in life,
but the good things, too. And not
‘good’ as in vintage champagne
Success ain’t what it used to be. It’s no longer enough to be good
at our jobs, pay our taxes and boost the economy by spending
our bonuses. It’s time to moor up and reset our moral compass
Words David Charters Illustration Brett Ryder
Success in the City has changed. There was a time when it was relatively easy to be successful. All you had to do was work grindingly long hours, fend off intense competition from other firms and keep on performing, day after day after day. Easy. Anyone could do it. Well, almost.
Today, success is harder. Today, it is not enough simply to get results. It is how you get them, and what they are, that matters. Ever since Adair Turner said we have to be socially useful, things have been different. People who have never worked as hard as we do feel entitled to judge us. Journalists judge us. Even politicians do.
OK, so the banking crisis very nearly brought about the end of civilisation as we know it. And there are those who fear it will impoverish generations yet unborn. And, of course, Main Street did have to bail out Wall Street, which is unforgiveable. So I get the anger.
Once upon a time we were envied. Our champagne lifestyles, our spending power, the sheer awesomeness of our dazzling over-consumption left mere mortals in the dust. Today, the mood music has changed completely. An awful lot of people don’t just question us – they actually despise us. Yes, they still envy our homes, cars, clothes, jewellery and art, and would probably swap bank balances in a heartbeat if we gave them the chance, but they would do it with a curled lip and a superior air. To many of us, spoilt by decades of what appeared to be entirely justified entitlement to the best things in life, the natural order seems to have been overturned. Of course we had an abundance of… well, everything, really… but we earned it. Sort of. I suppose bull markets helped a bit.
Shape up or ship out
Nowadays, try offering a glass of Krug to your neighbours on bonus day and the chances are they will turn away with a supercilious shrug and say they don’t think it is appropriate after what the banking industry has put the country through. Well, it may not be appropriate for them, but some of us enjoy champagne on bonus day. In fact, some of us enjoy it every day, because, in a sense, every day is bonus day – at least when you compare our lives with theirs. And fine cigars, too. And, of course, exotic holidays, meals in the best restaurants, and tickets to the Opera House.
But somehow… something is missing. When you work as hard as we do, but then can’t enjoy the fine things in life, at least with a completely clear conscience, something has gone wrong. Or maybe right. Success today has to be broader than before. It has to encompass not just the fine things in life, but the good things, too. And I don’t mean ‘good’ as in vintage champagne.
However unfair it may seem, today, the investment-banking industry needs to be able to face its critics and explain that its activities benefit someone other than the people who work for investment banks. The starting point for the commentators and those who would impose greater regulation on us is that we will do almost anything legal for money, regardless
of good or ill. In other words, we have no moral compass and only the most basic ethical standards. So we have to be more selective about what we do and how we do it, and we have to be prepared to tell our story to a sceptical audience.
As if that wasn’t hard enough, we are also likely to be judged in our private lives. By most standards, we still earn huge sums and are among the most affluent in society. The fact we pay our taxes and don’t break any laws isn’t quite enough in many people’s eyes – and don’t try saying that we spend all that money and boost the economy that way.
Today’s successful bankers are expected to give back to society, both directly in a financial sense and indirectly in terms of the way they put their talent to work for the social good.
The fundamental difference between the rising stars of today and those of 20 years ago is that, in the past, it was sufficient just to be great at your job, make a lot of money, then keep it and spend it on yourself. Today, the bar has been raised. Of course you have to be good at your job, but you put your money to work wisely and there is no holding back when good causes need support. And if all you do is your job, with no time to give to serve as, say, the trustee of a charity or a member of the development board of some great cultural institution, then you risk looking like a selfish under-achiever. No time? Find the time. Organise yourself properly. If it sounds terribly unfair, perhaps it is. Or perhaps the past that seemed so natural was, in fact, an anomaly. Either way, life is tougher now. The Ego’s Nest, by David Charters, the fifth novel in the series about City anti-hero Dave Hart, is published by Elliott & Thompson, priced £6.99
FOREWORD | bRUMMELL 17
Glashütte Original – 165 years of German watchmaking art.
Seventies Panorama Date
The Seventies Panorama Date. Flowing curves capture the spirit of the Seventies in a fascinating, iconic design.
The domed sapphire crystal case back and easily-adjustable bracelet offer the ultimate in wearability. Discover
the art of fine German watchmaking at www.glashuette-original.com. Download our new iPhone Application in
the App store.
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Paris Vienna Madrid New York Hamburg Berlin Munich www.wempe.com
bRUMMELL 21
Swiss luxury watch and jewellery brand Chopard
has been an important official partner of the
prestigious Cannes Film Festival for many years,
even redesigning the Palme d’Or trophy, which is
annually awarded to the director of the best film,
and more recently creating ‘mini-palmes’ for the
best actor and actress awards. Each year, Caroline
Gruosi-Scheufele, Chopard’s co-president and
artistic director, dreams up a new high jewellery
collection for the glitzy event, specifically to be
worn at the ritual known as ‘the mounting of the
steps’ on the Croisette. Chopard creates unique,
original pieces for every actress participating in the
Chopard’s exquisite Red Carpet collection highlights the
company’s strong partnership with the silver screen
Words Joanne Glasbey Photography Andy Barter
MONEY NO
OBJECT
festival, whether up-and-coming or established
star. Each finds the jewellery that best fits her
personality and highlights her beauty. This year’s
Red Carpet collection embraced the theme of
springtime and the transformation of the seasons,
with bejewelled interpretations of nature’s new life
and evocations of sunny days. This vibrant bracelet,
adorned with multicoloured spinels, paved with
orange sapphires and white diamonds, and set
in rose gold, is a splendid example of the creations
worn to stunning effect by starlets and screen
legends at cinema’s most glamorous event.
Price on application; chopard.com
A D
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Official government fuel consumption figures in MPG (Litres per 100km) for the SLS AMG Roadster: Urban SLS AMG Roadster at £182,505.00 on the road including optional Sepang Brown paint at £1,755.00, 19"/20" AMG forged wheels – 10-spoke design at £1,715.00 and two-tone designo Exclusive
Occasionally, a headline is unnecessary.
The new 6.3 litre V8 SLS AMG Roadster.
14.2 (19.9), Extra Urban 30.4 (9.3), Combined 21.4 (13.2). CO2 emissions: 308 g/km. Model featured is a Mercedes-Benz
leather, Sand/Black, at £2,140.00 (price includes VAT, delivery, 12 months Road Fund Licence, number plates, new vehicle registration fee and fuel). Prices correct at time of going to print.
NEWS | bEAumoNdE 25
Screen legend photographs, a decadent Hong Kong hotel and a few of britain’s finest brands
Heart of Asia Privacy, glamour and the sense of
space are what everyone in crowded
Hong Kong craves. From the
56th floor of the Island Shangri-La
Hotel you can breakfast or enjoy
sundowners while gazing at Victoria
Harbour. This is a true Grand Hotel
in the old European style, reimagined
for the Chinese century, with a
standard of service to match its
ambitions. Wonder at the world’s
largest silk painting, over 16 stories,
depicting ‘The Great Motherland of
China’, and relax in the luxurious
rooms. The Shangri-La is situated
in a surprisingly quiet, leafy part of
the Central district. Lying beside the
large pool you can admire the iconic
I M Pei-designed Bank of China
Tower. Beneath is Pacific Place,
four stories of shops, restaurants
and entertainment. The hotel boasts
several acclaimed restaurants,
including the Michelin-starred
Restaurant Petrus; fortunately there
is also a 24-hour, fully equipped
health club. shangri-la.com
Silver linings
The future of personal organisation has
arrived, with My Wealth Cloud. At the click
of a mobile device or mouse, access to an
ultra-secure online filing cabinet can
revolutionise personal paperwork. Title
deeds for property, authentication
documents for works of art, birth
certificates, guarantees, warranties –
whatever you keep at home – can be
collected by a consultant, then scanned,
categorised, encrypted and uploaded for
immediate retrieval in searchable order.
Reminders can be sent for every important
date – insurance renewals, birthdays etc–
and further documents can be added at any
time. Float above the anxiety of losing
valuable documents. mywealthcloud.com
Suitable location Jaeger has just opened its first menswear
store in Cabot Place West, Canary Wharf,
with an emphasis on tailoring. Referencing
the brand’s heritage, combined with its
contemporary British designs, the Jaeger
suit silhouette is defined by a tapered jacket
waist and neatly cut trouser. The brand
proudly promotes UK manufacturing and
claims over 60 per cent of its tailoring is
woven at British mills. jaeger.co.uk
british gem Among its many, perhaps glitzier, European
counterparts, Boodles, the British, family-
owned fine jewellery company, is a more quietly
shining star that should be remembered when
beautiful jewellery is on your mind. The Rococo
suite takes inspiration from hand-embroidered
silks and 18th-century style, when Baroque
artists embraced playfulness and elaboration.
The curving lines so favoured of the time can be
seen throughout the collection, often framing
classical brilliant-cut diamonds – as in this
exquisite yellow diamond ring. boodles.com
Fine and dandy
London-based Backes & Strauss describes
itself as the world’s oldest diamond company,
having been masters of diamonds since 1789.
Its watchmaking combines similar expertise:
supreme craftsmanship, mathematical precision
and the combination of art and science. Referencing
Backes & Strauss’s provenance, the design team
have created three unique watch collections: The
Berkeley, The Piccadilly and The Regent. Crafted
in 18ct white or rose gold and set with diamonds,
they are inspired by London’s Regency architecture,
notably that of John Nash. Two new pieces have
recently been introduced celebrating this era of
elegance and decadence: The Red Rose (pictured,
£72,860) and The Blue Velvet (£68,580),
inspired by rooms within the Prince Regent’s
palatial Carlton House. backesandstrauss.com
Suitable location
Yul Brynner was always acknowledged as
a charismatic actor, but until now his talent
as photographer has been largely unknown.
Next month, The Little Black Gallery is
exhibiting his photos – the subjects of
which are some of the most famous stage
and screen legends. He was adept at
catching stars at ease, both on and off set:
Elizabeth Taylor relaxing poolside; Robert
Mitchum on location for Villa Rides in 1968
(above); Dean Martin in Frank Sinatra’s
house. Yul Brynner: A Photographic Journey
is at The Little Black Gallery, 13A Park
Walk, SW10, from 11 January to 11 February.
All prints for sale. thelittleblackgallery.com
Shirt shaper When Paul Smith recommends something,
we should take note: from the beginning of
his illustrious career he has worked with
Italian fabric supplier Tessitura Monti,
which produces the most luxurious fibre
available for shirt-making. As the company
celebrates its centennial year, Sir Paul has
created a limited edition shirt made of Giza
45 Egyptian cotton that, he says, ‘is literally
the best fabric you can buy! It feels like silk,
is so full of life and is really beautiful to
wear.’ Available exclusively at Paul Smith,
Floral Street, WC2, and the flagship Paul
Smith shop on Greene Street, New York,
priced at £350. The fabric is also available
for bespoke customers at his Westbourne
House, Notting Hill, outpost. paulsmith.co.uk
Winnie the penWinston Churchill once maintained,
‘I have always earned my living by
my pen and by my tongue’, and the
fountain pens he used through both
world wars, and for much of his
writing, were British-made Onoto.
To celebrate the link between the
great man and Onoto pens, the
Churchill family commissioned a new
range in his name. Launched this
autumn, the Sir Winston Churchill
Pinstripe comes in three fusion-
bonded colours: black, white and
pearl blue. The cap top has a silver
plaque made from a wax casting
taken from Churchill’s own signet
ring featuring the Spencer Churchill
family seal. Issued in a limited edition
of 1,874 (the year of his birth), each
pen also comes with a special booklet
with a chronology of Churchill’s life.
From £360; onoto.com
beAumonde | neWS26
beAumonde | frAgrAnce30
Navigating new fragrances can be frustrating.
We’ve edited a selection of the best for men
In scents
Fragrance, like fashion, is susceptible to
seasonal change. Hence, no matter how
durable the allure of your signature scent –
whether it’s Dior Eau Sauvage or Creed
Original Vetiver – the call of the ‘new’ is hard
to resist. Yet with hundreds of men’s eaux de
toilette launching every year, locating the bottle
that is the right balance of innovation and
appeal can, at best, be a chore and, at worst,
prove an experience bordering on traumatic.
There are a few simple rules that can help
alleviate the tedium of navigating the myriad
offerings out there – and without suffering
long-term nasal impairment – the simplest and
most reliable of which is to find an independent
retailer you can approach for sound advice.
This means eschewing the hard-sell-hell
of department store beauty halls and duty-free
shops for the likes of Les Senteurs
(lessenteurs.com) or the Roja Dove Haute
Parfumerie at Harrods (rojadove.com) –
peaceful environments where you don’t feel
under pressure to invest in the latest ‘big thing’
in perfumery. Yet, should time not be in ready
supply, we have taken the liberty of picking out
four new bottles that hit all the right notes.
Taken at face value, you might think Blood
Concept is more style than substance. Founded
by two Italian creatives, and inspired by that
iron-rich substance that flows through us in
abundance, there are four fragrances to choose
from – each named after a blood group. Type O
(from £98, liberty.co.uk) is, however, a clever
amalgam of thyme, raspberry, rosehip and
cedarwood, bound together with a synthetic
metallic note to afford it that telltale ferric
signature. The result is an original and addictive
tonic, with a sweet, peppery introduction that
mellows into warm leather and wood.
Niche British perfumer Miller Harris has
long proved an excellent source of scents that
put a contemporary twist on classic fragrance
families – if you’re new to the brand, try founder
and resident nose Lyn Harris’s ode to cologne,
Le Petit Grain. Her latest creation, La Fumée
(from £60, millerharris.com), may sound like a
posh Gallic cigarette brand but is more a paean to
the dry, smoky incense typical of churches and
eastern temples. It starts out fresh and aromatic
with citrus notes, cardamom, cumin and coriander
seed, before developing into a smouldering
woody aroma redolent of a blazing hearth.
The aforementioned Roja Dove – a walking
cyclopaedia on perfume – has branched
out from cherry-picking fine fragrances from
around the world to creating his own. Roja
Parfums Scandal Pour Homme (£175,
harrods.com) is his first masculine scent, and
comprises an invigorating burst of basil, violet
and lavender with sandalwood, ambergris and
musk. It’s a fresh and dynamic take on an
aromatic fougère (literally ‘fern-like’), and one
that – thanks to the complexity, provenance and
strength of its ingredients – continues to develop
long after you have anointed yourself with it.
If you are averse to change, you could always
bend the rules. Acqua di Parma’s Colonia has
been the default aroma of Mediterranean-
inspired fragrance since 1916, but this winter
the brand has unveiled a limited-edition version,
Colonia Scacchetti Eau de Cologne (£104,
harrods.com). On the outside, it’s a brand new
bottle design by Italian architect Luca
Scacchetti. On the inside, however, you are
rewarded with the familiar, trusty formula of
bergamot, citruses, neroli, patchouli and musk.
Some things simply cannot be improved upon.
Words Henry Farrar-Hockley
If you’re new to the brand, try
Miller Harris resident nose Lyn
Harris’s ode to cologne, Le Petit
Grain, or new creation La Fumée
beAumonde | TeCHnoLoGY32
1. Nikon Coolpix
AW100 camera
What is it about the nature of gadgets
that conveys a sense of adventure
and makes them so covetable? Take
Nikon’s Coolpix AW100. The acme
of photographic specification it is
not, although its 16MP CMOS
sensor and 5x optical zoom deliver
sharp and reliable imagery. What
appeals is that this rugged little
number has built-in GPS to record
the location of every photo as it is
taken; can survive impacts from a
height of 1.5m; is waterproof down
to 10m and will happily function in
sub-zero conditions (-10°C, to be
precise). So if you seek a camera
you can take on your next ski trip
or beach holiday, or simply want a
sharpshooter that’s reassuringly
childproof, accept no substitute.
The AW100 is available in matt
black and camouflage colour
schemes, though we prefer the
Hermès-like burnt orange finish.
£330; nikon.co.uk
3. Loewe Air Speaker
Traditionally a maker of exceptional
televisions, Loewe has also long
appreciated the importance of
speakers – one of the factors key
to the success of its TV sets. Now
the German brand is producing
standalone audio systems,
including this, the Air Speaker.
Essentially a boom box, the cube
has two subwoofers, two mid-range
speakers and two tweeters that
conspire to conjure 80 watts of
precise and powerful audio. As the
name implies, it utilises Apple’s
wireless AirPlay technology, so
you can enjoy your iTunes library
via just about any compatible
device, all without cables. (Purists
should note the discreet USB
socket and headphone jack that let
you enjoy music the conventional
way too.) Design also being close
to Loewe’s heart, the speaker’s
coloured top panel can be
customised to match your décor.
£699; loewe-uk.com
2. Porsche Design P’9981
BlackBerry phone
Despite RIM’s recent woes, the
fact remains that BlackBerry’s
email service is a key platform both
in the Square Mile and beyond.
And while the brand’s handsets are
improving in design terms, they still
lack a certain élan when compared
with the likes of Samsung, Apple
and HTC. So it is good to see the
collaboration with Porsche Design
that has resulted in the P’9981
smartphone. Inside you’ll find a
1.2GHz processor, 8GB of
expandable memory, 720p HD
video recording and dual-band
Wi-Fi, plus a bespoke augmented
reality app (Wikitude World
Browser) and NFC capability for
contactless payments. Outside,
the chassis comprises hand-
finished leather and forged
steel with a pin-sharp 2.8in
touchscreen. This is a coalition
everyone can enthuse about.
£1,325; porsche-design.com
4. Sony HMZ-T1
Personal 3D Viewer
Although loosely resembling those
clunky virtual reality headsets that
flourished briefly in the Eighties,
this one-man cinema is more
rooted in the technology of the
future than of the past. Don the
visor and you are treated to two
OLED high-definition 3D screens
that are the equivalent of having a
multiplex auditorium all to yourself.
Integrated headphones, meanwhile,
provide 5.1 virtual surround sound
to put you right in the middle of the
action, while a number of built-in
control options mean you don’t
have to keep taking it off to adjust
the volume. For headgear that
weighs a not-insubstantial 420g,
it is also surprisingly comfortable
to wear – though if you’re settling
in to watch the director’s cut of
Avatar, you may want to schedule
a few intervals to give your neck
muscles a well-earned break.
£799; sony.co.uk
From a wearable cinema to a pocket Porsche,
these compact devices pack performance
Little giants
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le hameau du ciel
four valleys, switzerland5 luxury ski-in, ski-out chalets CHF 1.79 million
TRAVEL | bEAumondE
Accessible airportsNew flights from London City to small airports
in the heart of the Alps cut transfer times at
both ends, opening up resorts that previously
were not ideal for weekend breaks. For example
Chambéry – which, since last season has been
served once a day, Friday to Monday, by BA
CityFlyer (britishairways.com) – knocks an hour
off the transfer to Courchevel compared to Geneva,
getting you to the resort in around 90 minutes,
which equates with Geneva to Chamonix. Take
the 7am flight on Friday, and the Monday
mid-afternoon return and you can cram in three
and a half days on the slopes.
This season, there is a new City-Bern
flight, which puts Wengen and Mürren a mere
hour from touchdown. SkyWork (flyskywork.com)
runs two flights on most days, one of which
leaves City at 6.30pm on Friday, and a return
that touches down at 7.50am on Monday,
allowing two full days on snow for zero time off
work. Bern also accesses the lovely, underrated
resort of Adelboden – a traditional Swiss village
with nearly 200km of ski slopes and ‘winter
wonderland’ activities such as ice-skating,
curling, tobogganing and even fondue evenings
This season, convenient new
routes, luxury lodgings and
smart services make skiing
in style easier than ever
Ski
breeze
in an igloo. One of its venerable hotels, the
Cambrian (thecambrianadelboden.com),
underwent a major refurb in 2007 to earn its
contemporary design chops. It is one of only two
Swiss hotels in Mr & Mrs Smith, and
the perfect location for a romantic weekend.
Preselected propertyThe phrase ‘luxury chalet’ can at times seem
to be applied to any Alpine structure with
enough hot water for all guests to have a
post-skiing shower. The Oxford Ski Company,
however, has vast experience in reliably
securing truly beautiful mountain properties for
its clients. Last season this was distilled into the
Luxury Chalet Collection – a selection of the
20 best properties in the mountains (19 in the
Alps, one in Aspen). These are chalets which
are not only designed to the highest spec but
are managed with minute attention to guests’
rhythms and requirements.
Take Les Anges in Zermatt. The seven-
bedroom chalet has a huge, open lounge and
dining area with a baby grand piano (and a
separate entertainment room with satellite TV,
DVD etc for those who cannot miss a 6 Nations
HoRn oF PLEnTYA view of the Matterhorn from the dining terrace of Zermatt’s Chalet Les Anges
35
UNCOMMON COLDFrom top: the contemporary bar of the redesigned Grand Park Hotel, Gstaad; skiers sample Adelboden’s wealth of off-piste terrain
beaUMONDe | TRaVeL36
Ski-in-ski-out luxury Ski-to-the-door convenience too often involves
a concrete apartment block in France. But for
the first time, upscale St Moritz is to have a
luxury hotel right by the lifts. Overlooking Lake
Silvaplana, the Nira Alpina is opening in Surlej,
and could hardly be closer to the cable car for
Piz Corvatsch: a skyway leads from the boot
room to the lift station. The hotel has a chic spa
(using Alpiene and Spiezia Organics) and two
restaurants, one a traditional Alpine stübli, the
other serving world cuisine, including Indian
flavours to reflect the roots of hotelier MPS Puri.
There is also an in-house bakery and two après-ski
bars that should make the hotel a destination for
non-residents too, and the laid-back vibe seems
a million miles from the landmark Badrutt’s Palace
in the centre of St Moritz, rather than an easy
6km ride away in the Nira Alpina’s shuttle bus.
Three-night half-board packages for two,
including ski pass and ski rental, from £1,350;
niraalpina.com
Family facilitatedPowder Byrne has done the maths and realised
that the toddlers the luxury family specialist
first took skiing 10 years ago are hot-shot ski
teens now. In addition to its complementary
all-terrain FreeZone programme for over-14s,
this season, at half-term, it will run FreeStyle,
a £545, five-day clinic in which over-12s
can learn fun park tricks in a controlled
environment. It is based in Laax, Switzerland,
famous for its freestyle parks and off-piste
freeride terrain, where you can stay in the very
cool Rocksresort apartments and pack the
young folk off to get big air, while you ski
with grown-ups and enjoy long lunches at the
resort’s excellent mountain restaurants.
powderbyrne.com
Complete conciergeMany fine tour operators talk about tailor-made
holidays, but usually the service is actually
made-to-measure rather than utterly bespoke.
Exosphere is different. There’s no brochure;
a consultant discusses a brief with a client, then
finds the ideal travel arrangements, locations
and experiences to match. A seasoned skier
who spent much of his childhood in the Alps,
CEO John Saunders knows places such as
Gstaad inside out, and, last December, hosted
an exclusive preview trip to the reinvented
Grand Park Hotel. Under the directorship of
Dona Bertarelli, of the Serono biotech family,
the old favourite of Princess Grace has been
transformed into a contemporary pleasure
palace. Gone is the chintz; in are unvarnished
wooden walls, black leather desktops and Bang
& Olufsen entertainment systems. The top floor
is reserved for a private (apart from the butler)
three-bedroomed duplex called My Gstaad Chalet.
Exosphere can organise a stay plus any activities
or outings you would like, and has particular
expertise in organising events or parties.
exosphere.com
Words Chris Madigan
Handy heliskiingIt is one of the most adrenaline-pumping types
of skiing, but either you go to Canada to do it,
or it tends to be a faff to organise in Europe, not
least in France where you must work loopholes
to get around laws about dropping and picking
up. The Pook is a convenient ‘you sort it out’
agency that puts together heli packages for
guests in Val d’Isère and other resorts in the
Tarentaise valley; Chamonix/Courmayeur; and
several Austrian resorts. These can often be
arranged at short notice if conditions are
suddenly favourable and the service (starting
from €200pp) includes pick-up, avalanche
safety equipment and optional extras such as
fat skis or further guiding after your drops.
thepook.co.uk
match), fireplace and a dining terrace for spring.
The food and drink is immaculate: Perrier-Jouët
champagne or Hendrick’s G&Ts; home-mixed
muesli; and gourmet meals. Baskets of tissues,
candied fruit and sunblock wait by the boot room;
staff clean your bathroom after your pre-dinner
shower, so it’s pristine when you get back to
your room later; and a detox breakfast awaits
the morning after a big night in the Broken Bar
beneath the Hotel Post. Combine this with the
Oxford Ski Company’s concierge service, which
organises flights (including by private jet),
private transfers (car or helicopter), ski rental
at your chalet, ski guiding etc, and it is likely the
only break in the smooth running of your holiday
will be on a mogul field.
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After the city | beAumonde 39
Greg Marsh is encouraging
visitors to live like locals in
private properties, not hotels
Homegrown
Success can have unfortunate side effects.
The office of onefinestay, an open-plan room in
a business centre in East London, has a smart
AV screen on the wall announcing targets and
achievements, but also laundry trollies blocking
the passageways. The company’s concept of the
‘unhotel’ – renting desirable London homes to
visitors when their owners are away – appears
to have taken off rather faster than its creators
might have hoped, and at the sharp end it’s hot
and crowded, and teeth are being gritted.
There is no meeting room, so co-founder
and CEO Greg Marsh holds court in the coffee
shop up the road. With his open-necked Viyella
shirt and matinee-idol accent, he seems
thoroughly unflappable, not to mention formidably
bright (MA from Cambridge, MBA with high
distinction from Harvard Business School) and
breezily capable. Now 33, he is on a third or
fourth career, moving between entrepreneurship
and venture capitalism, latterly in the IT
investment team at Index Ventures where he
helped decide which tech start-ups were worth
funding: ‘I sort of bounced from one side of
the table to the other, reading other people’s
business plans and getting itchy feet.’
He set up onefinestay in 2009 with two
partners, financier Demetrios Zoppos and
technologist Tim Davey, later to be joined by
fellow private-equity refugee Evan Frank. The
big idea of the unhotel was based on ‘a series of
mini-epiphanies’ that included a miserable trip
to Pisa saved by a native’s restaurant
recommendation, and a book called Don’t Think
of an Elephant! by George Lakoff. ‘It’s not a
hotel but we want you to think about what a hotel
is and isn’t, and what you do and don’t like about
a hotel,’ explains Marsh. ‘Another inspiration
was the 7 Up marketing campaign, “The
un-cola”. It’s fostering curiosity about what it
would be like to live in London rather than being
forced to experience a second-rate version of it.’
The other side of the deal is the number of
London properties that lie empty for significant
parts of the year, and whose owners might just
want to make some return on their investment.
The company launched in May 2010 with just
five properties (including Marsh’s and Zoppos’s)
but word of mouth, the promise that your home
will be ‘as you left it and a bit cleaner’ and a little
help from the recession has pushed the number
the un-venturer‘This is not a marketing
company,’ says co-founder and CEO Greg Marsh.
‘It’s a logistics company.’
up close to the 250 mark, and they are about to
announce a launch in another capital city.
For all their combined experience, none of
the partners had any hotel-related experience,
though Marsh sees this as an advantage. ‘You
have to think things through from first
principles,’ he says. ‘Needs have really evolved
in the past few decades and I’m not convinced
the hospitality industry has recognised how
radical the shift has been.’ Daily maid service is
a case in point: onefinestay will provide if guests
ask for it, but otherwise it’s weekly.
It is, though, largely about cleaning rather
than concepts. ‘This is not a marketing
company, it’s a logistics company. It’s a very
unglamorous industry from the inside.’ But then
this is a start-up and, as Marsh knew only too
well, that’s always pretty grim. ‘Almost nobody
I know who’s been successful with their own
business hasn’t worked like a bastard for years,’
he says cheerfully. ‘You don’t sleep very well.’
It makes you wonder just why anyone would
move from what they admit is ‘well-paid, very
interesting work’ to a world of risk, excessive
hours and dirty towels. It’s clearly a question
he’s entertained. ‘Many investors would like to
be on the other side,’ he says. ‘They see the grit
and the glory, but it’s a bit like going to war – it’s
only glamorous when you come back. Really, you
do it because you can’t imagine not doing it.’ onefinestay.com
Words James Medd Photography Philip Sinden
Information: Bell & Ross UK +44 207 096 08 78 . [email protected] . e-Boutique: www.bellross.com
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investment banking talent | bRUmmell 41
It doesn’t take a genius to work out that
investment banking has had yet another annus
horribilis, and next year could be even worse.
The endless saga of the Eurozone crisis, the
unhalting march of regulators and the
spectre of Europe-wide deleveraging hold all
parts of the business in a vice-like grip.
But where there is panic and dislocation,
there is opportunity, as shown by the FN 40
Under 40 Rising Stars in Investment Banking,
Financial News’ editorial pick of the industry’s
bright young things. We profile six of them here.
With a slowdown in the Western world, banks
are turning to emerging markets, where young
executives with local market knowledge are
in high demand. Financial institutions are trying
to find ways to bolster their balance sheets,
so FIG bankers are busier than ever.
Specialist boutiques are blossoming as they
are able to hire top talent and compete in niche
areas where their bigger rivals are being
forced to cut back. And when management
make deeper cuts and restructure at
the highest level, young blood is flowing in.
Words Yasmine Chinwala Photography Desmond Muckian Research Matt Turner
As another challenging year ends, we introduce six stellar performers in investment banking
inveStment banking talent | bRUmmell 43
Sarah mackey, 37
european head of financial sponsors coverage, global banking and markets, RbS
ed Stevenson, 33
Head of financial institutions group, debt capital markets, bnP Paribas
andy Young, 35
Head of financial institutions syndicate, europe, Credit Suisse
Mackey is one of a handful of women
to make it onto the 40 Under 40
Rising Stars in Investment Banking.
Having worked with private equity
clients for 14 years, she was
promoted to her current role –
in charge of strategy and coverage
of European financial sponsors
across six countries.
She is the only woman in her
team of 10, but her boss and mentor
is one of RBS’s most senior
female executives, Alison Rose,
who she first met as a graduate
trainee at NatWest.
The daughter of immigrants
– her mother is Chinese and her
father is Irish – Mackey read law
before succumbing to the clarion
call of banking. She says the
proudest moment of her career
was the €10bn buyout of Danish
telecoms firm TDC in 2005, which
was transformational for RBS in
terms of deal size.
Mackey practises yoga to unwind
and enjoys going to the ballet.
Growing up with ambitions to play
cricket for England, Stevenson
briefly played for the Kent 2nd XI
and coached children in his summer
holidays before joining BNP Paribas’s
graduate training programme.
‘Life is competitive whether
you are in banking or playing
cricket and you always need to
have a game plan to stay ahead of
the competition,’ he says.
He took over his current role
two years ago and has since been
busy raising financing for European
banks and insurance companies
that have to shore up their capital
bases to meet stricter regulation
on capital adequacy. After the
latest round of stress tests, he and
his team have been busy coming
up with recapitalisation plans for
the worst affected banks.
He owns a few ex-British Rail
diesel trains that are run on private
railway lines and haul freight,
a business he hopes to develop
when he retires.
As well as being kept up at night by
his youngest son, the regulatory
debate over the validity of contingent
capital is very much front and
centre of Young’s mind. He has
been instrumental in building
Credit Suisse’s top tier position
in hybrid capital underwriting for
financial institutions issuers,
leading deals for Rabobank,
UniCredit and Credit Suisse.
It’s a tough balancing act to
manage the different priorities of
banks, regulators, shareholders and
rating agencies wrangling over
whether CoCos should count as core
capital under new capital adequacy
rules, but Young says: ‘There is
progress, which is encouraging.’
In his downtime, Young loves
to surf – he names Kelly Slater
among his heroes – and is proud
to have got his four-year-old son
standing on a surfboard for the
first time this summer. He is
currently reading a biography of
Buddha by Karen Armstrong.
From far left: Sarah Mackey wears black jersey dress with patent trims, £495; Ed Stevenson wears dark blue stripe tie, £95; and Andy Young wears white classic shirt, £150, and brown/black textured stripe tie, £95, all burberry london
BRUMMELL | invEstMEnt Banking taLEnt44
suneel Hargunani, 33
Head of equity syndicate desk, Europe, Middle East and africa, Citigroup
James Hartop, 36
Co-head of investment banking, Europe, Middle East and africa, UBs
Ed allchin, 36
Managing partner, banks specialist sales, autonomous Research
Growing up, Hargunani assumed he
would follow in his father’s footsteps
and become an entrepreneur, but
studying at the London School of
Economics soon nudged him into
banking and he joined Citigroup in
2000. He spent four years working
on the origination side before
moving to the equity syndicate
desk, of which he took charge at
the tender age of 30. He became
a managing director this year.
He has worked on the three
biggest equity deals in Emea this
year – the $11bn initial public
offering of Glencore in May and two
share sales by Commerzbank that
raised €11bn. Hargunani says he
has had to ‘think outside the box
from a distribution perspective’ in
order to price and allocate deals in
such volatile market conditions.
In his spare time, Hargunani
is a keen golfer, and plays with
a handicap of 12. He says his wife
has resigned herself to being a golf
widow when he retires.
In March, UBS restructured its
investment banking management
team – the ninth reshuffle at the
executive committee level in less
than two years – and Hartop was
handed the herculean task of
running its European business
alongside Nick Reid.
Hartop joined UBS in 1995
and was mentored by the likes of
Robin Budenberg, who now runs
UKFI. He rose steadily to lead the
bank’s global industrial group and
worked on the sale of a $5bn stake
in De Beers to Anglo American last
month. He is now shifting his focus
from spending most of his time on
client work to dealing with the
management challenge of how
investment banking fits into the
broader strategy of UBS.
As a child, Hartop wanted to be
an archaeologist but, after running
up student debts studying theology,
he got a job at SG Warburg. A keen
marathoner, Hartop runs to and from
work every day.
Alongside Autonomous co-founders
Stuart Graham and Manus Costello,
Allchin was a top-ranked banks
analyst at Merrill Lynch. As the
financial crisis hit, their frustration
grew as they fished around for the
next challenge. Merrill’s takeover
by Bank of America was the final
straw, and the trio decided to launch
their own independent research
house specialising in financials.
With a partnership structure
paying cash, they were able to hire
top talent and the firm made
£11.3m in operating profits in its
first year of business. Having started
with 18 staff, Autonomous now has
34, with plans to open in Hong Kong
next year and the US in 2014.
This year Allchin (who is
name-checked in Michael Lewis’s
Boomerang) ran the Berlin marathon
and fought in a boxing match to raise
money for One Degree, a charity
that provides mentoring and
tutoring to students in London and
is solely funded by Autonomous.
Left, from top: Suneel Hargunani wears pale grey silk tie, £95; Ed Allchin wears black suit jacket, £995, both Burberry London
Right: James Hartop wears black classic trench coat, £695, and maroon tie, £95, both Burberry London
Giles Hutson, 39
Head of Emea corporate, SSA and emerging markets DCM, Bank of America Merrill Lynch
Mehmet Emin Mazi, 37
Head of emerging markets group, Europe, Middle East and Africa, HSBC
Hutson began his career at Barclays
Capital, working in M&A and on the
syndicate desk before moving to
Goldman Sachs and then Morgan
Stanley in 1999. He joined Bank of
America Merrill Lynch in July last
year as part of the bank’s
reorganisation of its debt team, and
has embraced the challenge of
trying to edge the bank back into the
top 10 DCM bookrunners in Emea.
He believes that the greatest
achievement of his career so far
was being made a managing director
five years ago, but the deal he is
proudest of is a French government
inflation-linked issue that went
ahead despite Hutson being
arrested on his way to the French
ministry of finance because his taxi
driver drove on the hard shoulder.
Hutson says he always has
several books on the go at any one
time to suit his mood, but turns
to reading JRR Tolkien and Jane
Austen when he is in need of
a ‘literary comfort blanket’.
Turkish native Mazi joined HSBC in
Istanbul in 1995 and bade farewell
to the stunning views of the
Bosphorus from his balcony to
move to HSBC in London 10 years
ago. For the past five years, he has
led the bank’s emerging markets
effort within its global markets
business, mentored by Samir Assaf,
HSBC's chief executive of global
banking and markets.
Under Mazi, HSBC has
quadrupled revenue and market
share in the CEEMEA region, and
he has maintained stable revenues
over the past year despite difficult
economic conditions. ‘These are
extraordinary times,’ he says. ‘It’s
not business as usual, you have to
be diligent and creative.’
This year Mazi’s group has
extended its coverage into
south-east Europe and sub-
Saharan Africa, and much is
expected of him as the bank
continues to push aggressively
into emerging markets.
Stylist Cat Stirling Photographer’s assistant Andy Redpath Styling assistant: Madeleine O’Flaherty Grooming Georgie Hamed. Clothes provided by Burberry London; burberry.com
BRUMMELL | invEStMEnt BAnkinG tALEnt46
How wE CHoSE The 40 were selected from a longlist of more
than 150 potential rising stars, assessed by an
editorial panel based on their career trajectory
so far and potential to reach a position
of influence. To read profiles of all the FN 40
Under 40, visit efinancialnews.com
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LA DOLCE VISTAThis page: The magnificent 12th-century Castello di Vicarello sits amid the rolling panorama of Tuscany’s lushly wooded Maremma mountains Opposite: With the hunt’s dogs in hot pursuit, a boar charges through the forest of the Castello’s private hunting reserve
Of all Castello di Vicarello’s esoteric charms,
a traditional Tuscan boar hunt is the rarest thrill
Words Charlotte Metcalf Photography Simone Torrini
Crashing boars
It’s 4am and the stars are dwindling over the Maremma mountains. Carlo Baccheschi Berti bids me good morning in Castello di Vicarello’s vaulted, flag-stoned kitchen. He curses – it is too early for staff to be up making coffee. After much clattering he finds an espresso pot and, as flames hiss on the stove, surveys my makeshift shooting outfit – my trousers are the right colour (moss green) but are more pedal-pushers than breeches and I am in trainers in lieu of boots. He sniffs: ‘I did warn you not to wear perfume, didn’t I?’ I stammer about scented soap, but he knows I’m floundering, and laughs: ‘The boar will smell you a mile off.’
It is late August and the Tuscan caccia – or hunt – doesn’t officially begin until November, but, today, at the request of some keen local huntsmen, there is a wild boar shoot.
I am staying with Carlo and his wife, Aurora, in the 12th-century fortress that they
stumbled across in the Seventies, bought as a ruin in the Eighties, then spent over a decade restoring. Now, this mighty, ancient block of apricot-hued stone is one of Tuscany’s most beautiful historic houses, surrounded by pencil-thin cypresses and lording it over a stupendous vista of thickly forested hills and steep terraces of vineyards and olive groves.
Carlo and Aurora opened the Castello as an exclusive hotel with seven suites, spa and two pools just over 10 years ago, furnishing the rooms with eclectic treasures collected on their travels. They welcome you as if into their own home, which indeed the Castello is – although it is increasingly renowned as one of Europe’s most outstanding establishments, there is no sense that you are in a hotel. Less well known is that a stay here also affords the opportunity to hunt wild boar in the Baccheschi Bertis’ rolling 1,300-acre private hunting reserve.
Carlo and I set off in his Land Rover before 5am. We drive through dense oak forest and, half an hour later, emerge to see twin hills looming up ahead in the dark, the lights of the villages of Buriano and Vetulonia twinkling round their brows like tiaras. We drive through sunflower fields, then stop to open a gate into a meadow full of wild flowers and long-horned creamy cattle. We have arrived.
Several men have already gathered by a wooden lodge roofed with pine branches. A spaniel hurls itself ecstatically at Carlo. I am greeted warmly by Alessandro, who wears a pork-pie hat and an apron decorated with ducks. He hands out espressos and pastries striped with chocolate. We sip the scalding, viscous coffee gratefully as the dark sky dissolves into inky wisps. The men are in good cheer – it’s going to be a glorious morning, apparently. They line up to hand in their gun
BOAR HUNTING | BRUMMELL 49
50 BRUMMELL | BOAR HUNTING
The boars are dragged off to be expertly butchered behind the lodge, while Moreno prepares lunch. We sit at long trestle tables decorated with antlers and stuffed ducks, a big boar’s head with formidable tusks glaring fiercely from the back wall. Moreno and Alessandro bring platters of silky charcuterie, tiny smoked cheeses, pepper pickles, fire-toasted tomato bruschetta, sausage and beef tripe with tomatoes, which all agree are exquisite for the time of year. Then come bowls of spicy penne arrabiata, followed by shoulder of boar (twice-roasted to ensure it is tender and juicy) and boar stew with olives and bay leaves. Alessandro ensures that every plate is full and offers up a toast to Moreno.
If you have a gun licence, I can think of no better way of spending the weekend than gathering a dozen friends and heading for Castello di Vicarello, with a day out on a boar hunt. There is even an Indian masseuse on site, who specialises in Ayurvedic therapies, should your shoulder ache after shooting. So determined am I to return, I have already booked my first shooting lesson. Hunting season runs from 1 November to 15 March. Groups of between eight and 25 can book ‘cacciarelle’ (driven hunts with dogs) and, occasionally a ‘caccia al cerca’ (stalking on foot). Price on request, as each hunt varies. As a special offer to Brummell readers, Original Travel is offering five nights at Castello di Vicarello, b&b inc flights and car hire, from £990pp. 020 7978 7333; originaltravel.co.uk
licences. Maurizio, who is in charge, ensures that we are all provided with luminous orange waistcoats. Someone plonks an orange baseball hat on my head and chuckles.
The air smells deliciously of trampled grass, coffee, smoke and dogs. Bullets are distributed and the men gather round for Maurizio’s briefing. He blows his horn and the hounds, now slobbering with excitement, are taken by the beaters to the outskirts of the wood, through which they will drive the boars, flushing them out into the meadow.
I follow a silent huntsman into the forest. He doesn’t look back. I’m grateful as the incline is steep and I’m panting. Along the path, about 20 metres apart, are palchetti – high wooden seats where the huntsmen will sit once the dogs drive the boars out. For now, we stand silently at the crest of the hill, listening and watching. Apart from the baying of the dogs in the distance, it is quiet. Then a radio crackle ruptures the silence and we hear two blasts of the horn as the beaters let the dogs loose. There are gunshots. My companion explains that the huntsmen can tell from the sound the dogs make on the leaves whether a boar is approaching or fleeing.
We slither back down the hill to the palchetti. The stillness is almost oppressive as we wait. The beaters’ yells, till now echoing distantly, become high-pitched and frenzied, the bloodlust almost tangible. I sense them closing in. Maurizio’s horn blows again. Suddenly, six dogs belt up the hill, yelping
hysterically. I hear squeals and snorts, astonishingly loud and close, then a big boar, dogs on its heels, erupts out of the wood three metres in front of me. Someone fires, but the boar is out of sight and I see another escaping sideways across the path. There are more shots, more shouts, and then Maurizio’s horn to signal it is all over. Four wild boar have been shot, one out in the meadow where it lies among wild flowers, already glassy-eyed and stiff, flies buzzing round the blood.
We return to the lodge where Moreno, the cook, is stoking a fire outside. We sit on rough wooden benches as he toasts ciabatta. It’s only just 11am, but bottles of red wine are uncorked. Everyone is smiling. The boars are laid out on the grass and the huntsmen cluster behind them for a photo. The faces of those who shot the boar are daubed with blood and everyone fires into the air and choruses, ‘In the name of all the hunters of Maremma, I now officially anoint you a hunter of boar.’ I have seen stag hunters blooded in Scotland, but the wildness of the ancient forest and the formality of the anointing make this ritual feel truly medieval.
A big boar, dogs on its heels,
erupts out of the woods three
metres in front of me. Someone
fires, but the boar is out of sight
SEEK AND ENJOY
Left: A hunter takes his place on a palchetto.
This picture: Minutes after the quarry is shot, a cook begins to prepare it for a
celebratory feast
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to be invited to a traditional Geisha tea ceremony was a real privilege.
A cultural infusion indeed.
TAilor-mAde TrAvel • villAS • CHAleTS • CoNCierGe
1
2
Forget school runs, supermarket shopping trips and the gallant
ferrying of in-laws. These ultimate speed machines are strictly for thrill rides
Words Simon de Burton
TOY R ACERS
2. Morgan 3 Wheeler Morgan Motor Company has gone back to its
roots with this 21st-century version of the
legendary three-wheeled ‘cyclecar’ with which
HFS Morgan founded his firm in 1909. Around
30,000 were built at the Malvern Link works
before production moved solely to four-
wheelers in 1953 – but now, long-standing calls
for a modern equivalent have been answered.
The new 3 Wheeler is powered by a 1982cc
S&S V-twin engine whose 115 horsepower
gives the 495kg two-seater a top speed of
125mph. Creature comforts are few (two tiny
aero screens, no roof) but a choice of eight
colour schemes and a range of graphics packs
mean you can tailor your Morgan to taste.
Around £30,000, depending on spec;
morgan3wheeler.co.uk
1. Lotus Exige Writing about impossibly fancy cars has given
me the opportunity to drive some of the most
exotic automobiles on the market – but the one
I think I love the most is the truly fabulous
Exige. I passed my test for a race licence at
Silverstone in one of these and would
recommend one to anyone looking for genuine
thrill-a-mile motoring. The ultimate version is
the ‘S’ which is powered by an 1800cc,
supercharged Toyota engine that generates
218 horsepower – enough to give the 933kg
car a top speed of 148mph. But it is the
sublime handling and superb brakes that
make the mid-engined Exige so desirable (not
to mention the spine-tingling whine of the
supercharger in your ear when driving the ‘S’).
£35,550 (‘S’ version); lotuscars.com
With relentless reporting of economic gloom promising to make the Great British winter seem even longer than usual, it might be hard to imagine blasting along a sun-dappled country lane in a car built purely for the sheer fun of driving. But spring will be upon us before you know it, so now could be the time to throw caution to the wind and indulge yourself in a vehicle that is shamelessly useless for the school run, transporting the weekly shop, lugging rubbish to the tip or even travelling from A to B in a light shower. Whether you are putting them through their paces at the track or drawing green-eyed glances on the open road, true sports cars are sculpted, stripped-down poems to the need for speed. Here are five of the finest.
4
3
5
4. Ariel AtomAriel, once the name of one of Britain’s great
motorcycle manufacturers, is now known for
building small numbers of performance-
orientated cars with exquisite tubular,
space-frame chassis, which provide superb
power-to-weight ratio and pin-sharp handling.
Hugely popular among track-day aficionados,
the Atom has no doors, roof or windscreen –
but is positively brimming with high-spec
components from front to back. In the rear, you
will find a 2-litre engine from the Honda Civic
Type R that will propel the bantamweight Atom
from a standstill to 60mph in an eye-watering
2.7 seconds – making it faster than a Ferrari
Enzo. A vast options list makes it possible to
order an Atom to your exact specification.
Price on application; arielmotor.co.uk
5. Caterham Seven The Caterham Seven evolved from the
legendary Lotus Seven, which was designed
by Colin Chapman during the Sixties and made
famous in TV’s The Prisoner. Caterham Cars,
originally a Lotus dealer, bought the rights to
the design in 1973 and has honed it into one of
the most popular and effective no-compromise
two-seat sports car ranges on the market.
Various models are available, starting with the
£14,495 Classic, which is probably the closest
car to Chapman’s design, albeit using a modern,
1.4-litre K-Series engine. The maddest Seven,
however, is the £44,995 CSR 260, which
features a 2.3-litre Cosworth engine, Formula
One-style suspension – and a top speed limited
to 155mph. Each car is built to order.
POA; caterham.co.uk
3. Porsche Boxster Spyder The name ‘Spyder’ refers to a car that is
stripped down to the bare essentials to make it
as light and agile as possible – a treatment that
has made this Porsche a truly superb driver’s
car. It sits a good inch nearer to the ground
than the standard car and weighs 80kg less,
thanks to the featherlight aluminium doors,
carbon-backed seats, an aluminium rear deck
and specially made wheels. The most ‘spidery’
feature of all, however, is the roof – a minimalist
clip-on cap weighing just 6kg. The resulting low
weight, paired with a 3.4-litre, 316-horsepower
engine makes for a thrilling package, especially
when the ‘sport plus’ button is engaged to allow
the engine to rev harder for longer and enable
the competition exhaust pipe to really howl.
From £47,843; porsche.com
MOTORING | BRUMMELL 53
BRUMMELL | ExtREME spoRts cLUBs54
Groucho Marx famously said he refused to join any club that would have
him as a member, but how about those whose membership criteria
is so strict only explorers and extreme-sports addicts need even apply?
Words Eloise Napier Illustrations Brett Ryder
High society
When it comes to clubs, you may feel you have reached the pinnacle. Securing membership of White’s, Pratt’s and The Arts Club may have been a doddle; Robin Birley’s equally selective Rupert’s Club, due to open in January 2012, should pose no problems. But, however much influence you have, however fabulous your connections or humungous your bank accounts, there are some clubs that will push you to limits you had not thought of before you are even considered eligible for membership.
They put the sieve in exclusive, and normal people need not apply. These are societies founded on bravery, endurance, imagination and a touch of madness. They are places where you meet utterly extraordinary characters – the sort other people write books about.
Foremost among these is the GH Mumm Cordon Rouge Club. Its members, who include the likes of Chris Bonington, Ellen MacArthur and David Hempleman-Adams, meet for dinner once a year and hothouse ideas for new expeditions. Founded in 2008 to celebrate and encourage exceptional adventurers, as well as raise money for charity, the club harks back to the beginning of the last century, when Georges H Mumm, owner of the champagne house, gave financial support to his friends embarking on great expeditions. One such was Jean-Baptiste Charcot, a peer of Captain Scott, who spent years exploring the Antarctic. The name of his ship, Pourquoi-
Pas, seems to encapsulate the philosophy of the Cordon Rouge Club.
As last year’s chairperson, round-the-world yachtswoman Dee Caffari, explains: ‘There are very few firsts left out there, but you can do
Some people will be on the
waiting list for 10 years – there
is no rhyme or reason to how
or when you might expect to join.
things faster, better and bigger.’ Caffari, a former teacher, changed career and started sailing 10 years ago. Since then, she has sailed non-stop around the world three times, come sixth in the Vendée Globe and been awarded an MBE. ‘I realised that life is about opportunities and you can go off and do amazing things if you put yourself out there,’ she says.
The 25 members of the Cordon Rouge Club elect two new members each year. It’s a big achievement just to be chosen – ‘a statement of standing’, as Caffari puts it. Fame has nothing to do with it: ‘It’s not about your media draw, but being acknowledged for doing something extraordinary.’ Indeed, many of us will never have heard of many of the members, such as polar explorer Rune Gjeldnes or extreme climber Leo Houlding.
Along with the annual dinner and associated charity challenge, held this year in aid of ShelterBox, members are presented with a sabrage sword and, in a suitably macho gesture, are taught to use it to cut the top off a bottle of champagne.
No less selective is the Shikar Club. Founded in 1909, its members continue to meet annually for dinner at the Savoy. Originally, the focus was almost entirely on big-game
hunting, the more dangerous the better. The modern incarnation of the club is less bloodthirsty and more concerned with conservation. To join its ranks, according to the club secretary, ‘You have to have pursued big game outside the UK. This could, of course, just be wild boar in France!’
In fact, it appears that membership now has less to do with a lust for bloodsport than whether you are considered to be a convivial dining companion. As such, it means your chances of joining the 200 men-only members rely almost entirely on personal recommendation and a dedication to discretion – because this is a club that is determinedly off the radar.
Whereas membership of the Shikar Club won’t cost you much more than the price of a good dinner, the habitués of the Eagle Ski Club in Gstaad have to have very deep pockets indeed. It is said the joining fee alone is in the region of £25,000, with annual membership fees on top. ‘Everyone pays full fees – it doesn’t matter whether you are Valentino or Bernie Ecclestone,’ says an Eagle insider.
A native of Gstaad whose father and siblings are all members of the Eagle Club, our source won’t allow his name to be published for fear that his own proposed membership might be blackballed. ‘You have to know lots of members to be put up. Having a parent who is a member helps, but it doesn’t guarantee membership.’ The waiting list is prodigious, he adds. ‘Some people will wait 10 years – there is no rhyme or reason to how or when you might expect to join.’
The question is, why would anyone want to join such an exorbitantly expensive club
56 BRUMMELL | ExtREME spoRts cLUBs
when it consists primarily of a restaurant that is open for only four months of the year? The answer, partly, is social cachet. This is a place where royalty, aristocracy, the hyper-wealthy, the Hollywood glitterati and the highest echelons of the fashion world coincide to rub cashmere-clad shoulders.
But for those who don’t have all the requisite social connections, there is another, less publicised route that can – sometimes – speed up the membership process. You have to be a superb skier. The club runs ski races throughout the season, often competing against other elite clubs such as the Corviglia in St Moritz. As the insider says: ‘Inevitably, there are some people in fur coats at the Eagle Club who never put on a ski boot, but there are just as many who really are skiing gods.’ For the latter, it is the sheer exhilaration of racing that makes it all worthwhile.
Less exclusive, but far more dangerous, is the Shuttlecock Club, also based in St Moritz. Membership, which ensures entry to an annual ball, is automatic as soon as you have crashed at the infamous Shuttlecock Corner on the Cresta Run. The corner is a safety valve on the 1,212m toboggan run where riders, lying face-down on what is basically just an upscale tea tray, frequently reach speeds up to 90mph. Those who don’t have the skill to reach the bottom of the run will be thrown out by the camber at Shuttlecock Corner.
It’s an important safety device because the dangers of the run are very real. James Kelly, a former army officer, has completed the Cresta hundreds of times over the past 27 years. In 2000, he had a horrendous crash that resulted in 12 broken bones, two punctured lungs and three cardiac arrests. ‘I took a year off in 2001 because I was on crutches, but I’ve done it every year since then,’ he says cheerfully. Although the adrenaline rush created by the Cresta Run is addictive, the enterprise is far from reckless. As Kelly is at pains to point out: ‘It’s run by a very professional team, with a series of safety nets in place and superb medical back-up.’
Having a top-notch support team is essential for anyone tempted to swim the English Channel and thus join the ranks of the Channel Swimming and Piloting Federation. ‘You get really seasick when you’re swimming a long distance like this – you’re turning your head to one side every 15 seconds for 15 hours, swallowing seawater and breathing in diesel fumes. In short, you don’t feel very well at all,’ says Kevin Murphy who has nevertheless completed the 22-mile crossing 34 times. ‘But the sense of exhilaration and achievement and the sheer relief when you reach the other end is unbelievable.’
And that is surely a sentiment that every member of the world’s most dangerous clubs would agree with. Vive la discomfort zone.
You get seasick swimming the
Channel – you’re turning your
head every 15 seconds for 15
hours, swallowing seawater and
breathing in diesel fumes. In short,
you don’t feel very well at all
57 - 58 South Audley Street
london W1K 2ed
+44 (0)20 7499 1801
www.purdey.com
BRUMMELL | WATCHES58
Watch trends may come and go, but a traditional,
hand-wound watch will always be of the moment
Words Simon de Burton Photography Andy Barter
Star turns
Automatic wristwatches wind
themselves up by means of an
oscillating weight that swings
to and fro as the wearer moves
around, but many horological
purists prefer the ritual of having
to hand-wind a watch on a daily
basis – an event that gives one
a chance to commune with one’s
timepiece and fully appreciate
the wonder of all those wheels,
teeth and gears working in
perfect harmony. Here are five
hand-wound models that
are definitely worth the effort.
Clockwise from top left:
Ralph Lauren Slim Classique This delectable dress watch is about as spare as a timepiece can get, yet the attention to detail and the finish are superb. Inside the wafer-thin case, you’ll find an even thinner hand-wound Piaget movement that is just as exquisite as the watch itself. £10,400; ralphlaurenwatches.com
Patek Philippe Calatrava Anyone who is truly serious about fine watches should have a Calatrava in their collection. Patek’s entry-level beauty was designed in 1932, during the Bauhaus era, and remains a fine example of form following function, with its white-gold case measuring a modest 37mm in diameter. £15,920; patek.com
IWC Portofino IWC’s big news for 2011 was an upgrade of the long-standing and classically elegant Portofino range, the most desirable of which is the hand-wound version. This model contains an in-house movement featuring an eight-day power reserve, the state of which can be monitored by the indicator near the nine o’clock position. £7,250; iwc.com
Omega Speedmaster Professional Lack of gravity prevents automatic watches from working properly in outer space, which is one reason why the hand-wound Omega Speedmaster has been used on every US space mission since 1962. It remains the only watch to have been worn on the surface of the moon thanks to Buzz Aldrin and Neil Armstrong’s historic moonwalk in 1969. £3,300; omegawatches.com
Jaeger-LeCoultre Grande Reverso Celebrating its 80th anniversary this year, the Reverso’s famous flip-over case has been adapted to house many different movements over the decades, but the hand-wound Grande Reverso in steel remains the purest expression of what has become a horological icon. £5,250; jaeger-lecoultre.com
hides to seekSuede boots, £645 Givenchy at harrods. Leather belt, £535, Bottega Veneta
BRUMMeLL | ACCessoRies60
When choosing a gift, you don’t want to end up
with a turkey. These tactile accessories are
surefire luxury hits for material girls and boys
Photography Andy Barter styling Tamara Fulton
All thetrimmings
tablet dispenserThis page, clockwise from top left: ‘Ascot’ calfskin iPad-holder, £150, asprey. Woven leather iPad-holder, £390, bottega Veneta at Matches. Calfskin iPad-holder, £930, Hermès. Stamped-leather iPad- holder, £99.95, Harrods
Head MasterOpposite, from top: Tweed hat with feather, £115, paul smith. ‘Hannay’ hat, £150, Holland & Holland. Hat with ribbon, £459, borsalino at Harrods. Hat with ribbon, £150, Holland & Holland. Fedora, £250, Gieves & Hawkes
brUMMell | accessories62
accessories | BrUMMeLL 65
ties that BindOpposite, from left to right: Cashmere tie, £70, ralph Lauren. Knit tie, £65, chester Barrie. Cashmere tie, price on application, Brunello cucinelli. Knit tie, £125, Brioni. Knit tie,
PhotograPher’s assistants Michael Williams, angela Dennis styling assistant Cat stirling With thanKs to Madeleine o’Flaherty and lucy Zondi
stoCKists Details on Page 70
£65, chester Barrie. Knitted silk tie, £85, oliver sweeney contain yoUrseLf This page, clockwise from top left: Velvet intrecciato clutch, £1,125, Bottega Veneta. Python-skin bag
with clasp, £915, tod’s. Python-skin clutch, £1,065, Marc Jacobs at harrods. Miniature beaded clutch, £449, emporio armani. oversized bag with raised circles, £1,150, Paul smith Limited edition
TASTE MAKERS This page: Menswear
designer Alexia Hentsch at Hentsch Man's Baker
Street studio. Opposite: Sommelier Xavier Rousset
at 28-50, his new wine workshop and kitchen
just off Fleet Street
Key to the UK’s financial fitness, our creative industries are
a hothouse for compelling new talents. Meet four of today’s finest
MADE IN BRITAIN
Words Simon Brooke Photography Philip Sinden
As politicians, business people and analysts debate how best to stimulate growth in our economy, revive the fortunes of British manufacturing and produce exports that the world will actually want to buy, the part played by our creative industries is becoming increasingly important.
There were an estimated 182,100 businesses working in the creative sector last year, according to government figures, and their exports totalled nearly £20bn. Jeremy Hunt, Secretary of State for Culture, Olympics, Media and Sport recently told the Royal Television Society: ‘The digital and creative industries present an opportunity for this country that is greater than for any country in the world.’ Many working in these industries are already grasping that opportunity with both hands.
Alexia Hentsch, menswear designerIt was the quest for that wardrobe essential, the well-cut white shirt, that drove Alexia Hentsch to set up Hentsch Man. Now three years old, the label she runs with her business partner and childhood friend Max von Hurter is characterised by the natural fabrics, relaxed, down-to-earth styling and subtle wit that appeals to so many men these days.
As if to underline that this is not about fashion with a capital F, the men sporting her clothes on the website are not professional models – they’re interesting guys whose style Alexia admires. ‘I always wanted to do my own thing and I’ve long been interested in creating a brand,’ says the 30-year-old Swiss-Brazilian, who settled in London 10 years ago. ‘The emphasis is very much on tailoring, but with a little fun thrown in.’ Classic corduroy trousers, for instance, are available in brilliant red, while an elegant double-breasted jacket is cropped around the hips.
Increasingly, women’s wear designers, such as Roland Mouret, have started to produce men’s ranges and vice versa. Hentsch knows precisely why she enjoys creating men’s clothing. ‘It takes me out of the equation,’ she says. ‘I can be more objective about designing clothes without getting drawn too much into what I’d like to wear myself.’ Next spring/summer will see a focus on classic crew necks, navy stripes and jerseys.
As well as retailing through concessions in stores, Hentsch Man has enjoyed success with a number of pop-up shops, but its online presence is its main outlet. Hentsch and von Hurter’s initial investment came from their own bank accounts plus family and friends. With plans for more stores and a wider range, they accept that they’ll have to take the corporate investment option for round two. But somehow you feel those buttoned-down finance types won’t affect the relaxed, quirky Hentsch Man style. hentschman.com
Xavier Rousset, sommelierHaving graduated as the youngest master sommelier in the world at just 23 and worked at the Hotel du Vin and the Manoir aux Quat’Saisons, Xavier Rousset knows a thing or two about wine. The fact that he describes his latest venture, 28-50, just off Fleet Street, as a ‘wine workshop and kitchen’, tells you something about the 32-year-old’s approach. Food is important, of course, but it’s there to complement what goes into the glass, rather than vice versa. Rousset believes that, although we are much better educated and informed about wine than we ever used to be, there is still a thirst (pardon the pun) for greater knowledge. ‘We want to take people on a journey with wine and show them something new,’ he explains.
At 28-50, the wine list is cannily edited to push customers’ boundaries and is presented alongside a menu created by Rousset’s business partner, Agnar Sverrisson, that offers classic French cuisine with a modern slant.
Foie gras, for instance, comes accompanied by peach chutney, while coq au vin is served with fresh tagliatelle.
A mini glass – just 75ml – is priced at around £3 and gives 28-50 customers the opportunity to explore new wines before they decide to invest in a bottle. Fine wines are now also available by the glass, thanks to a machine that prevents them from going off. A second branch of 28-50 – named after the range of latitudes of the world’s best vineyards – is due to open in the West End next year.
Rousset is a supporter of the campaign by French wine producers to win back popularity from the new-world labels. ‘European wines are definitely making a comeback. We’ll see fewer of those heavy, oaky new-world varieties now,’ he says. ‘The wines of the Rhone Valley and those of the Languedoc, in particular, are the ones to watch.’ 28-50.co.uk
RISIng CREATIvE TAlEnT | BRUMMEll 67
PRECIOUS METTLE
Left: Silversmith Jemma Daniels at Blenheim Palace, Oxfordshire where she recently showed her designs at a jewellery and crafts fair. Opposite: commercial director Justin Stokes at Chase 55 prop house in Acton
BRUMMELL | RISIng CREaTIvE TaLEnT68
Jemma Daniels, silversmithAs the search for individual, bespoke pieces rather than mass-produced items continues, and with thoughtful consumers in these recessionary times looking to spend their money on something with that extra-special element, British silversmithing is enjoying something of a golden age, so to speak.
Jemma Daniels, 27, who has won awards from Goldsmiths’ Crafts and Design Council, among others, and whose designs are available at Fortnum & Mason, is at the forefront of a new generation of craftspeople. ‘My work is influenced by ceramics – I want it to be functional and tactile,’ she says of her pieces, which are known for their elegant shapes and soft, fluid lines. They range from water jugs, bowls and vases to rings and necklaces.
‘There’s a vibrant community of silversmiths working in Britain today as more people become interested in silver pieces,’ she says. ‘The V&A Museum has a contemporary
Justin Stokes, film-makerWhere does a commercial end and a film begin? The distinction has become more blurred of late as even the most mundane brand has attempted to create something that offers its target market less of a hard sell and more a subtle evocation of its products’ values in story, imagery and sound.
One of those who has been at the cutting edge of this transformation is film-maker Justin Stokes. The 27-year-old has recently directed films for companies as varied as Skoda and Swiss Airlines. ‘I started with photography but soon realised that still images were not what I wanted to do,’ he says. As well as working as a researcher on TV programmes such as Watchdog, he became a camera operator and film editor, working on projects for Sony and Nokia among others. ‘Having experience of other aspects of the business has been very useful.’
Other clients include Grand Marnier and Range Rover, and Stokes’s sweeping, elegantly cinematic style lends a sense of drama and excitement to filmed ads for these well-known names. Range Rover’s has been playing on TV across the US, while the Skoda film was aired in the UK on Channel 5. ‘In the original Grand Marnier script, there were a lot of shots of the product, but they let me use fewer of these and do other things in the final edit,’ says Stokes.
His film debut, Method Actor, was part of the official selection in the 2011 Palm Springs International ShortFest film festival and has been screened at art-house cinemas around the world. Its success demonstrates how the explosion of online video has changed the game for film-makers. Instead of having to rent a cinema and drag an audience along to it, talented individuals can now produce professional-looking movies for a fraction of their traditional costs and, in days, these movies can reach a mass audience online.
Unlike many up-and-coming directors, Stokes feels no desperate rush to break into the world of big movies and big budgets. ‘I’m not quite ready to handle it,’ he says. ‘In the meantime, I’m very happy doing what I’m doing.’ crusty-thought.tv
collection and the National Museum Wales is now creating one of its own too.’
Many customers will commission Daniels not only for silverware but also jewellery such as wedding rings. ‘They are interested in having something that’s unique to them and want to take part in the creative process,’ she explains. ‘They often like to visit my workshop so they can see where their piece is being made. Men, especially, like to know what has gone into the making of a ring.’
As well as taking a hands-on approach to hammering, moulding and all the other creative processes involved in realising her designs, Daniels also understands the need to be an astute businesswoman. ‘I’m always going to see potential clients – you’ve got to market yourself in this business. And you have to be your own accountant and bookkeeper,’ she says. ‘It’s hard work, but very rewarding.’ jemmadaniels.com
BRUMMELL | BY GEORGE70
Four decades of communism
robbed Glashütte of its good
horological name. Now, though,
the German watchmaking town’s
time has come again
Zeit
heist
Stockists Asprey 020 7493 6767; asprey.com Bottega Veneta 020 7838
9394; bottegaveneta.com Brioni 020 7491 770; brioni.com Brunello Cucinelli 020 7730 5207; brunellocucinelli.it Burberry London 020
7806 1303; burberry.com Chester Barrie 020 7439 6079;
chesterbarrie.co.uk Emporio Armani 020 7491 8080; emporioarmani.
com Gieves & Hawkes 020 7434 2001; gievesandhawkes.com
Harrods 020 7730 1234; harrods.com Hermès 020 7499 8856;
hermes.com Holland & Holland 020 7499 4411; hollandandholland.
com Matches 020 7221 0255; matchesfashion.com Oliver Sweeney
0800 622 6030; oliversweeney.com Paul Smith 0800 023 4006;
paulsmith.co.uk Ralph Lauren 020 7535 4600; ralphlauren.co.uk
Tod’s 020 7493 2237; tods.com
‘It’s running like a Swiss watch,’ said Terry, my
mechanic, after relieving me of an eye-watering
sum for fitting a new – possibly solid gold –
exhaust pipe to my ancient Porsche 911.
‘Shouldn’t that be a German watch, with
Porsche being based in Stuttgart?’ I countered.
‘Maybe, but German watches aren’t as
good as Swiss ones, are they?’
It was an understandable error (after all,
the Swiss do rather make out that they invented
time) but the wider world should know that the
Teutonic precision that makes Germany’s cars
so bulletproof also applies to its watches.
The best come from the old Saxon town
of Glashütte which once did very nicely out of
extracting ore from the surrounding Erzgebirge
mountains. Until it ran out in the early 1800s.
Economic doldrums ensued until Ferdinand
Adolphe Lange, master watchmaker to the
Saxon Court, founded the first watch factory
in 1845 and attracted several masters of the
art who, by 1900, had transformed the place
into a horological hub to rival the Swiss Jura.
But World War II left the region badly
battered by relentless Allied bomb attacks and
many of the watch factories were razed. Some
bounced back, but no sooner did a degree of
normality resume than the East German state
expropriated the main businesses and created
the Glashütter Uhrenbetriebe conglomerate.
Created in 1951, the ‘GUB’, as it was
sometimes known, ploughed on throughout
the Cold War period, making workmanlike
mechanical watches for the masses and,
importantly, keeping vital horological skills alive.
After the collapse of the DDR, the company
was bought by Swatch Group and re-named
Glashütte Original, while Walter Lange – great-
grandson of Ferdinand – revived his old family
firm A Lange & Söhne.
Glashütte Original is a true ‘manufactory’
in that it is equipped to make all its components
in house. Its movements are often finished to
a remarkable level and brim with the sort of
features that watch geeks go gaga for – gold
chatons, swan-neck adjustment, blued screws,
bevelled edges. It has also mastered high-end
complications such as the tourbillon, perpetual
calendar and split-seconds chronograph, and
even created the first mechanical watch – the
Senator Diary – with an alarm that can be set
up to 30 days in advance.
But the most on-trend Glashüttes of the
moment are a couple of models inspired by
vintage pieces from the brand’s archive collection
which, perhaps ironically, were created in the
depths of communist oppression.
The official blurb notes the ‘joie de vivre
of the wild Sixties’ and how the Seventies
‘offered exciting new ways of seeing the world’.
I doubt if GUB’s watchmakers saw things
quite that way, but their creations have
certainly translated nicely into the 21st
century in the delightful, round-cased Senator
Sixties Panorama Date with its delectable
domed dial and the similarly retro, softly
squared Seventies Panorama Date.
As well as being suitably upsized for today,
these Cold War throwbacks are now equipped
with the sort of lavishly decorated movements
that the state-employed watchmakers could
only have dreamed of making.
I’d love to buy one for Terry, just to show
him how good a German watch can be. But he
took all my money for that exhaust pipe.
Glashütte Original Seventies Panorama Date,
£7,400; Senator Sixties Panorama Date, £5,700.
glashuette-original.com
Words Kip Springer
LEFT HANDERS Communist-era designs inspired Glashütte Original’s softly squared Seventies Panorama Date and Senator Sixties Panorama Date