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20 February 2019, 10:26 PM | #1 |
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Thierry Stern Interview in Esquire UK
I haven't noticed this posted before but this came out earlier this month:
https://www.esquire.com/uk/design/a2...-independence/ It doesn't really sound like Patek is for sale.
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20 February 2019, 10:30 PM | #2 |
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Interesting how the company for sale news has kind of vanished. Never heard from again.
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20 February 2019, 11:06 PM | #3 |
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Great Article!
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20 February 2019, 11:19 PM | #4 |
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Phew
Panic over |
20 February 2019, 11:20 PM | #5 |
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For me at least, that puts the rumors to rest.
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21 February 2019, 12:53 AM | #6 |
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I believe the for sale thing was about the divorce and the (ex) wife owning a substantial amount of stock.
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21 February 2019, 12:55 AM | #7 |
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21 February 2019, 01:15 AM | #8 |
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It’s a relief for me
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21 February 2019, 02:30 AM | #9 |
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There had been talk of a rumored divorce causing Stern to explore a sale. Sent from my iPhone using Tapatalk Pro
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Does anyone really know what time it is? |
21 February 2019, 02:32 AM | #10 | |
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Quote:
Seems like a case of fabricating one rumour as a reason for another fabricated rumour. |
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21 February 2019, 03:18 AM | #11 | |
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Yes, oftentimes the genesis of a rumored sale of a closely held private firm, or family business, is crisis. And one of the sources can be divorce (a’la Wynn Resorts). Another can be illness, fraud, etc. So furtive minds will go through the paces to rationalize the root and spinoff myriad new rumors. I wonder if Amazon shareholders can relate? Sent from my iPhone using Tapatalk Pro
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21 February 2019, 03:58 AM | #12 |
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Hey Chiboy, thanks for sharing a great article , james in San Antonio tx
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21 February 2019, 04:56 AM | #13 |
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As I previously said in another thread about this
All. Publicity is great publicity, and it happened just after SIHH which means all eyes on Patek Sent from my G8141 using Tapatalk |
21 February 2019, 05:19 AM | #14 |
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My pleasure! I don't have any Patek's, so I try to do what I can around here.
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21 February 2019, 06:34 AM | #15 |
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What if Patek went public and the Stern family remained in control with 51% ownership?
I would buy their stock...at the right price :) |
21 February 2019, 09:04 AM | #16 |
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Great article! I love how Thierry always mentions in every article it seems no production increase in stainless steel pieces especially the nautilus. He gets how important value retention is with a Patek which is a piece of art.
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21 February 2019, 10:59 AM | #17 |
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Thanks for the good read!
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21 February 2019, 11:05 AM | #18 |
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21 February 2019, 12:27 PM | #19 |
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Thanks for sharing the article.
I got excited when I read about the increase of 10 times Nautilus... Until he continued "but it would be too dangerous, I would become a mono-product. If Patek was part of a group it would be the opposite — it would be 90 per cent Nautilus and [a message that] we don’t care about the future… but it’s not only about money". |
21 February 2019, 10:28 PM | #20 |
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Great article , thanks for sharing it .
as a sidenote I think he got a hairtransplant and wearing lenses recently.
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21 February 2019, 11:23 PM | #21 |
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Lends credence to the "getting a divorce" rumor.
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22 February 2019, 12:19 AM | #22 |
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exactly my thought
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22 February 2019, 12:24 AM | #23 | |
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Quote:
https://www.rolexforums.com/showpost...76&postcount=9
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22 February 2019, 12:32 AM | #24 | |
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Quote:
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22 February 2019, 12:35 AM | #25 |
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i have no idea... but it was super weird to hear your speculation coming back to you from an AD. Not saying other people haven't speculated the same thing, but it was funny
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22 February 2019, 12:37 AM | #26 |
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22 February 2019, 03:24 AM | #27 |
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Best George "Also remember that feet don't get fat and a watch will always speak volumes." Robert Johnston --------------------- *new*https://youtu.be/EljAF-uddhE *new * http://youtu.be/ZmpLoO1Q8eQ IG @passionata1 |
22 February 2019, 04:55 AM | #28 |
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The good news is that he replied all those silly speculations at once
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Best George "Also remember that feet don't get fat and a watch will always speak volumes." Robert Johnston --------------------- *new*https://youtu.be/EljAF-uddhE *new * http://youtu.be/ZmpLoO1Q8eQ IG @passionata1 |
22 February 2019, 10:35 AM | #29 |
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From the horse’s mouth. Nuff said.
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23 February 2019, 12:32 AM | #30 |
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This interview was in the summer. It reads like they have no intention of selling, but it has no real bearing on the recent rumors that arose well after this interview was in the can.
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