|

That
Raymond Weil decided to get his pilot's licence at age fifty-six
comes as no surprise to anyone who is even remotely familiar with
him. A man seemingly drive by the need to challenge convention,
Raymond Weil was fifty years old in 1975 when he lost his job with
Camy - then one of Switzerland's leading watchmakers, and rather
than settle for a sedate life of comfortable retirement, he mortgaged
his home, took out a loan, and established his own watchmaking company.
"I
knew nothing else," he says today of that momentous decision.
"I had been in the watchmaking industry since I was in my early
twenties and there was nothing I knew better. Although I must confess
to there being some degree of sentimentality involved in my decision-making
at that time. One cannot be in an industry for as long as I had
been and not feel some affinity with it."
But
sentimentality is hardly a firm basis upon which to start a watchmaking
company. This even less so in 1976 when the Swiss watchmaking industry
was undergoing perhaps its greatest crisis since the 1930's. Having
recently discovered quartz technology which circumvented the need
for craftsmen to manufacture the movements, the Japanese Had begun
flooding the world market with inexpensive timepieces. The Swiss
watchmakers, refusing to change or adapt their traditional approach
were left reeling from the impact that the Japanese were making
in terms of market share.
 
|