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Gerald Charles (company)
Gerald Charles SA is an independent family-owned watch company based in Switzerland, founded by Swiss watchmaker and artist Gérald Genta, Gérald Charles Genta. History Foundation Gérald Charles Genta (1931–2011), a Swiss watchmaker and artist, founded his eponymous company in 1969, which was sold by Genta in 1996 to The Hour Glass (company), The Hour Glass. In 2000, Gérald Charles Genta founded a new watch brand, Gerald Charles SA. Gérald Charles Genta is best known for creating the Audemars Piguet Royal Oak (watch), Royal Oak and the Patek Philippe Nautilus. He collaborated with watch manufacturers, such as Omega SA, Omega, IWC Schaffhausen, IWC, and Cartier (jeweler), Cartier, contributing to models like Omega's Constellation and Cartier's Pasha de Cartier. Early years In 2000, Mr. Gérald Charles Genta founded Gerald Charles, a brand that bore both his first names, establishing a connection between himself and his creations. In 2003, Mr. Genta sold the company t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luxury Good
In economics, a luxury good (or upmarket good) is a good for which demand increases more than what is proportional as income rises, so that expenditures on the good become a greater proportion of overall spending. Luxury goods are in contrast to necessity goods, where demand increases proportionally less than income. ''Luxury goods'' is often used synonymously with ''superior goods''. Definition The word "luxury" originated from the Latin word ''luxuria'', which means exuberance, excess, or abundance. A luxury good can be identified by comparing the demand for the good at one point in time against the demand for the good at a different point in time, at a different income level. When personal income increases, demand for luxury goods increases even more than income does. Conversely, when personal income decreases, demand for luxury goods drops even more than income does. For example, if income rises 1%, and the demand for a product rises 2%, then the product is a luxury good. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
