Company Market Research Report: ALTHERR

Company Overview

• Name: ALTHERR

• Mission: No information is available

• Founded: 1957

• Founders: No information is available

• Key People: No information is available

• Headquarters: Cologne (Köln), Berlin, and online presence

• Number of Employees: No information is available

• Revenue: No information is available

• Company Known For: ALTHERR is recognized as a jeweler specializing in wristwatches and jewelry, known for being an official concessionaire of luxury watch brands.

Products

Product Offering Overview

ALTHERR offers a comprehensive selection of luxury watches, including diving watches, chronographs, dress watches, pilot's watches, GMT watches, sport watches, and tool watches. They also have a segment for Pre-Owned CPO (Certified Pre-Owned) watches.

Product Details

1. TUDOR Black Bay 58

• Description: A modern dive watch with a vintage design ethos.

• Key Features: 39 mm case, stainless-steel construction, Blue dial, Snowflake hands, 200-meter water resistance, COSC-certified automatic movement (MT5402 caliber), and 70-hour power reserve.

2. OMEGA Seamaster Diver 300M

• Description: An iconic divers watch combining sportiness and elegance.

• Key Features: 42 mm case, helium escape valve, ceramic bezel, 300 meters water resistance, METAS-certified OMEGA 8800 caliber, and 55-hour power reserve.

3. Longines HydroConquest GMT

• Description: A sporty watch with a genuine GMT function.

• Key Features: 41 mm case, 100 meters water resistance, ceramic bezel, automatic movement with a 72-hour power reserve.

4. Certina DS Action GMT Powermatic 80

• Description: A travel-oriented watch offering multi-time zone functionality.

• Key Features: Quartz precision, GMT function for global timekeeping, 200 meters water resistance, robust design.

5. NOMOS Tangente

• Description: A Bauhaus-inspired minimalist design.

• Key Features: Hand-wound movement, 37.5 mm case, and traditional German craftsmanship.

Recent Developments

• Watches & Wonders Participation: ALTHERR actively participates in Watches & Wonders, showcasing the newest and most innovative luxury watch models.

• Product Launches: Introduction of the OMEGA Seamaster Bronze Gold, known for its exquisite Bronze-Gold material that prevents patina development and oxidation.

• Collection Expansion: Expansion of the TITAN models across various brands available at ALTHERR, offering lighter and more durable options for watch enthusiasts.

• Community Engagement: ALTHERR has implemented strategies to engage with the watch enthusiast community through social media, virtual consultations, and participation in watch fairs.

• Service Enhancement: Emphasis on personalized consultations via phone, email, WhatsApp, video calls, and an immersive in-store experience at their Cologne and Berlin locations.

• Certified Pre-Owned (CPO): ALTHERR has increased its focus on the CPO market, offering luxury watches that are rigorously inspected to ensure authenticity and quality.

• Technology Integration: Development and enhancement of ALTHERR's mobile application, aiming to provide exclusive content to users ahead of other platforms.

This report provides an insight into ALTHERR's market positioning, product offerings, and recent strategic initiatives. The data reflects the company's focus on luxury, quality, and an exceptional customer experience in the luxury watches and jewelry industry.