Wednesday, July 8, 2009

Proof positive that buying nice watches leads to good things

Drexel product Battle hopes to catch on with Sacramento Kings

It could turn out to be one of the best investments Robert Battle has ever made.

The former Drexel star's journey to become a professional player has taken him to a few tryouts with NBA teams, and to many successful seasons overseas.

But it was a fascination with a wristwatch that may ultimately land the former Northeast High star on the premier basketball stage.

"I was vacationing in Las Vegas last month, at the Palms, and I kept passing this watch store, looking at a Breitling watch," he said Monday night. "I kept going in and looking until I finally did buy the watch. I had been in there so much that I got to be friends with the owners. We got to talking and they asked what I did for a living and I told them I was trying to get an opportunity to play in the NBA. They told me they knew the owners of the [Sacramento] Kings and for me to give them my cell number and they would pass it along. One thing led to another . . . "

The Maloof brothers, who own the Kings, got in touch with Battle and there was a lunch meeting. Battle, however, returned to Philadelphia and was actually at Great Adventure in Jackson, N.J., when he got a call that the Kings were interested in him.

Early yesterday morning, Battle, 28, got on a flight and returned to Las Vegas to be a member of the Kings in the NBA Summer League, which begins Friday.

"It really is a funny story," he laughed. "I've been trying to get into the NBA since I left Drexel and now it might happen because I wanted to buy a watch and found out about it when I was getting ready to go on a ride at Great Adventure."

The 6-8, 240-pound Battle has been honing his skills overseas since last playing for the Dragons in 2003, and has had much success. He has played in Mexico, Turkey, Argentina and Spain. He was instrumental in leading Valladolid to the Spanish League title this past season, averaging 12.9 points, 8.8 rebounds and two blocks a game.

After being named the Colonial Athletic Association's defensive player of the year as a junior and senior, as well as a first-team all-conference player, Battle said he had workouts with the Knicks and Sixers before he decided to go overseas.

"You know, for some players, going to Europe is a no-brainer," he said. "You could hang in the NBA and be a 12th man and make the minimum [salary]. Or you can go over there, make even better money and get a lot of playing experience.

"I've learned an awful lot in my years playing over there. I think I've become more of a complete player. Teams over there are truly teams. You don't have one guy jacking up all the shots. There is a lot of ball movement. I've learned to play the game better. I've become very good at playing the pick-and-roll and I've developed a good midrange shot. I can handle the ball much better than I did at Drexel and I'm much quicker at getting off the floor for rebounds."

Before this year, his summers were mainly spent in the city where he first learned his basketball skills.

"I would always come back to Philly and work out with the strength and conditioning coach at Drexel, Mike Rankin. I'd also play a lot at La Salle, where a lot of guys go to work out."

This summer will be different for Battle, and maybe his most memorable. All because of a fascination with a piece of jewelry.

"It's always been a goal of mine to play in the NBA," he said. "Maybe this is the start of something, who knows? But I'll go out there and do my best and we'll see."

Monday, July 6, 2009

Ultra-High Net-Worth Consumers Rank the “Best of the Best” Luxury Watch Brands


News Release: Ultra-High Net-Worth Consumers Rank the “Best of the Best” Luxury Watch Brands

(NEW YORK) April 16, 2009 – The Luxury Institute reported today the top-rated luxury watch brands in the 2009 Luxury Brand Status Index (LBSI) survey, which identifies the top brands that exhibit true luxury in numerous categories based solely on the independently verified ratings of wealthy and ultra-wealthy consumers.

Ultra-high net-worth consumers rated IWC the “Best of the Best” among 33 luxury watch brands.IWC is the top-ranking brand for three out of four components of the LBSI. IWC also swept highest scores as the luxury watch brand that wealthy consumers consider to be most worthy of a price premium and are most willing to recommend. Consumers who rated IWC number one described the brand as “rare and exceptional,” “the standard” and having “unique design and classic looks.”

The LBSI asks high net-worth consumers to rate luxury brands by category across four equally weighted components: Consistently Superior Quality, Uniqueness and Exclusivity, Making the Customer Feel Special across the entire experience and Being Consumed by People Who Are Admired and Respected.

The “Best of the Best” are: (LBSI score out of 10)

· Luxury Watches

o IWC-7.87

o Patek Philippe-7.65

o Vacheron Constantin-7.52

“In the U.S., IWC is a luxury brand that stands out beyond their product history, great design, quality and craftsmanship,” said Milton Pedraza, CEO of the Luxury Institute. “It is a brand that seeks to create seamless customer journeys while other brands struggle to deliver disconnected customer experiences. It is a brand that cares deeply about customer feedback and is among a few luxury brands that has active collector communities. At a time when many luxury brands are having identity crises in the midst of an economic crisis, IWC knows exactly who they are, what they offer, and who they serve. They are a true 21st century luxury brand, as rated by the ultimate brand constituents: consumers. Additionally, Patek Philippe and Vacheron Constantin are consistently rated among the top luxury watches by ultra-wealthy consumers. The ability of these brands to be rated so highly year after year makes them brands that deliver the luxury value consumers look for universally”.

The proprietary Luxury Brand Status Index (LBSI) survey is the only unbiased measure of the prestige of leading brands among wealthy and ultra-wealthy Americans. A national sample of 1,013 ultra-wealthy American consumers, with minimum investable assets of $2.0 million, and median investable assets of $4.1 million, was surveyed online. Survey results are weighted to match demographic and net-worth profiles of the same audience according to the latest Survey of Consumer Finances from The Federal Reserve.

About the Luxury Institute (www.LuxuryInstitute.com)

The Luxury Institute is the uniquely independent and impartial ratings and research institution that is the trusted and respected voice of the high net-worth consumer. The Institute provides a portfolio of proprietary publications and research and consulting services that guides and educates high net-worth individuals and the companies that cater to them on leading edge trends, high net-worth consumer rankings and ratings of luxury brands, and best practices. The Luxury Institute also operates the LuxuryBoard.com (www.LuxuryBoard.com), the world’s first global, membership-based online community for luxury goods and services executives, professionals and entrepreneurs.