Patek Philippe honorary chairman Philippe Stern dies at 88
Philippe Stern, Patek Philippe’s honorary chairman, has died aged 88. He served as general director from 1977 to 1993 and president from 1993 to 2009, steering the company through the quartz crisis and preserving family ownership. Other developments include a new Basel watch and jewellery fair and Studio Underd0g opening its own watchmaking workshop.