The Rue du Faubourg Saint-Honoré in Paris is a road steeped in prestige. The president’s official residence is found there, alongside some of the city’s most opulent shops with one of the more elegant and impressive buildings the flagship store of luxury leviathan, Hermès.
Established at number 24 in 1880, the brand’s original home is considered so special that elements of its interior have inspired the “Arceau Lift” — the first Hermès flying tourbillon wristwatch.
A limited edition release of only 176 pieces — this number marking Hermès’ age — means the watch is on sale for a cool US$165,000.
However, industry experts feel the Arceau Lift firmly secures a place for Hermès in the ever-expanding and highly competitive world of haute horlogerie.
The double H motif that decorates the dial can be seen all over Hermès flagship store. Sculpted from malleable wrought iron, a material embraced in the late 1800s as evidenced by the Eiffel Tower, the symbol is repeated in the hallways, staircases and is emblazoned on the cage of the beautiful Art Deco lift from which the watch takes its name.
The entwined double H design was created in 1900 to mark the wedding of Emile Hermès, grandson of the founder Thierry, and Julie Hollande, the daughter of a local and respected specialist in exotic woods, and has been the inspiration for many of Hermès’ 14 product divisions over the years.
For the company’s latest contribution to high horology, Hermès incorporated the double H symbol in the dial cutaway below 12 that reveals the mainspring barrel of the manually wound movement (with an impressive 90-hour power reserve), and again at 6 on the flying tourbillon — the hypnotic device that provides precision and horological excellence.
Every significant element of this timepiece has been thoughtfully chosen and named to imbue added meaning. The movement at the heart of the Arceau Lift is the Calibre H1923, named after the year the lift was installed at 24 Rue du Faubourg. Emile Hermès actually bought the entire building in 1923, adding the lift as part of his plan to transform the manufacturing location into a luxurious boutique — the upper levels still housing the workshops of the artisans.
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The biog
Alwyn Stephen says much of his success is a result of taking an educated chance on business decisions.
His advice to anyone starting out in business is to have no fear as life is about taking on challenges.
“If you have the ambition and dream of something, follow that dream, be positive, determined and set goals.
"Nothing and no-one can stop you from succeeding with the right work application, and a little bit of luck along the way.”
Mr Stephen sells his luxury fragrances at selected perfumeries around the UAE, including the House of Niche Boutique in Al Seef.
He relaxes by spending time with his family at home, and enjoying his wife’s India cooking.
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Our legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
BEETLEJUICE BEETLEJUICE
Starring: Winona Ryder, Michael Keaton, Jenny Ortega
Director: Tim Burton
Rating: 3/5
UAE currency: the story behind the money in your pockets
The biog
Full name: Aisha Abdulqader Saeed
Age: 34
Emirate: Dubai
Favourite quote: "No one has ever become poor by giving"
The Perfect Couple
Starring: Nicole Kidman, Liev Schreiber, Jack Reynor
Creator: Jenna Lamia
Rating: 3/5
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Greatest of All Time
Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan
The biog
Name: Salvador Toriano Jr
Age: 59
From: Laguna, The Philippines
Favourite dish: Seabass or Fish and Chips
Hobbies: When he’s not in the restaurant, he still likes to cook, along with walking and meeting up with friends.
Jawan
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Israel Palestine on Swedish TV 1958-1989
Director: Goran Hugo Olsson
Rating: 5/5
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Six pitfalls to avoid when trading company stocks
Following fashion
Investing is cyclical, buying last year's winners often means holding this year's losers.
Losing your balance
You end up with too much exposure to an individual company or sector that has taken your fancy.
Being over active
If you chop and change your portfolio too often, dealing charges will eat up your gains.
Running your losers
Investors hate admitting mistakes and hold onto bad stocks hoping they will come good.
Selling in a panic
If you sell up when the market drops, you have locked yourself out of the recovery.
Timing the market
Even the best investor in the world cannot consistently call market movements.
The biog
DOB: March 13, 1987
Place of birth: Jeddah, Saudi Arabia but lived in Virginia in the US and raised in Lebanon
School: ACS in Lebanon
University: BSA in Graphic Design at the American University of Beirut
MSA in Design Entrepreneurship at the School of Visual Arts in New York City
Nationality: Lebanese
Status: Single
Favourite thing to do: I really enjoy cycling, I was a participant in Cycling for Gaza for the second time this year
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THE SPECS
Engine: 2.0-litre four-cylinder turbo
Transmission: eight-speed automatic
Power: 258hp at 5,000-6,500rpm
Torque: 400Nm from 1,550-4,400rpm
Fuel economy, combined: 6.4L/100km
Price, base: from D215,000 (Dh230,000 as tested)
On sale: now