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Quartz Crisis

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Patek Philippe's Bold Mechanical Bet Reaps Rewards
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Patek Philippe's Bold Mechanical Bet Reaps Rewards

During the quartz crisis, Philippe Stern backed mechanical watchmaking at Patek Philippe, commissioning the 150th-anniversary Caliber 89—the then-most-complicated piece with 33 complications—and shifting to a global, consumer-facing marketing approach (Generations campaign), a strategy that sustained the tradition and helped spark a renaissance in mechanical watchmaking.