Full info forWATCHES
| Application ID | 1-1253-13044 |
| Status | IE Pass |
| Prioritization Number | 1848 |
| TLD (#13) | WATCHES |
| IDN Translation (#14b) | -- |
| Applicant (#1) | Richemont DNS Inc. |
| Website (#5) | http://www.richemont.com |
| Application Type | |
| Type | Standard |
| Contested | no |
| Contested Numbers | 1 |
| GAC Early Warning | yes |
| Cultural, Linguistic or Religious | no |
| dotBrand | no |
| Trademark Class A | class 14 (precious metals, jewellery, watches) |
| Trademark Class B | |
| Trademark Class C | |
| Industry Keyword | luxury |
| Remark | To provide a trusted source of good public information to benefit those interested in watches and all members of the watchmaking, thereby counteracting any inaccurate information about watchmaking. Securing the term, .Watches, will enable Richemont to harmonise its current brand protection policies and to mitigate counterfeiting, a scourge of the luxury goods industry, for governments and consumers alike. |
| Availability Data | |
| Sunrise Period: | fromunknown tounknown |
| Landrush Period: | fromunknown tounknown |
| GoLive: | unknown |
| Registration Policy | |
| Restricted | yes |
| Restrictions | Closed to third parties for use only by pre-validated representatives of Richemont who are parties to an existing Prerequisite Agreement or appropriate affiliates of Richemont group companies |
| Backend Provider | Neustar |
| Registry Website | |
| Keyword | |
| Keyword | yes |
| English Meaning | -- |
| Appeal Ranking | 0 |
| Appeal Remark | Reserved for company and affiliate use only. |
| English | yes |
| Spanish | no |
| Portuguese | no |
| French | no |
| Italian | no |
| German | no |
| Dutch | no |
| Swedish | no |
| Danish | no |
| Mandarin | no |
| Russian | no |
| Location | |
| Region | Europe |
| Country | Switzerland |
| Community (#19) | -- |
| Geographic (#21a) | -- |
| Geographic Category | -- |
| IDN | |
| IDN (#14) | No |
| A-label (#14a) | -- |
| Translation (#14b) | -- |
| Script Code (#14d) | -- |
| Allows ASCII | yes |
| Applicant | |
| Applicant (#1) | Richemont DNS Inc. |
| Website (#5) | http://www.richemont.com |
| Applicant Address (#2) | Hinterbergstrasse 22 Steinhausen 6312 Switzerland [CH] |
| Applicant Phone (#3) | +41 41 727 2303 |
| Applicant Fax (#4) | +41 41 727 2356 |
| Legal Form (#8) | Corporation incorporated in Switzerland |
| Exchange Symbol (#9a) | |
| Parent Company (#9b) | Richemont DNS is a wholly owned subsidiary of Richemont Holdings AG |
| Joint Venture Partners (#9c) | N⁄A |
| Primary Contact | |
| Name (#6) | Ms. Lorna Gradden |
| Title (#6) | Operation Director |
| e-mail (#6) | lorna.gradden.ri@valideus.com |
| Secondary Contact | |
| Name (#7) | Mr. Guillaume Pahud |
| Title (#7) | Director of Digital Projects, Richemont International SA |
| e-mail (#7) | guillaume.pahud@richemont.net |
| Mission / Purpose (#18a) | |
| Describe the Mission and Purpose of your gTLD The content of this Answer to Question 18 set forth below which describes the plans for Richemont DNS’s registry constitutes the “purpose” of the registry as that term is used in paragraph 1.b. of Specification 9 of the Draft New gTLD Registry Agreement found in Module 5 of the Richemont DNS Guidebook dated January 11, 2012 (“the Purpose”). Richemont DNS will publish its Charter and its policies, guidelines, and other supporting documentation related to the implementation of the registry consistent with the Purpose, all prior to launch. All second level domain names registered by Richemont DNS on behalf of itself or an affiliate will be registered through an ICANN-accredited registrar and will be consistent with the Purpose. All registrants of second level domain names will be affiliates of Richemont DNS or will be parties operating under a written contractual agreement specifically allowing the registration of a second level domain name within this registry (the “Prerequisite Agreement”). Spring powered clocks appeared in the 15th century. Watches evolved from these in the 17th century and were at first simply mechanical. With technological developments, the useof quartz movements have overtaken these mechanisms and by 1970, the development of the first digital electronic watch was in place. Over the last few years, there has been a significant growth in the luxury watch market with a trend towards exceptional pieces for collectors and consumers alike as well as new movements. Another trend is the end of dependence by watch companies on a single supplier and the development of a trend towards the verticalisation of production with companies also taking distribution in-house where possible. Some of the most famous watchmakers in the world form part of Compagnie Financière Richemont S.A., (“CFR”), a Swiss luxury goods holding company, which was created in 1988. Specialist watch makers within CFR include IWC, Jaeger Le-Coultre, Piaget, Vacheron Constantin, Officine Panerai, Baume & Mercier, A. Lange & Sὂhne, Manufacture Roger Dubuis and a joint venture with Ralph Lauren Watches & Jewelry. In 2011, they accounted for €1,774 million in sales or 26% of Group sales. This application is being made by Richemont DNS Inc.,(referred to herein as “Richemont DNS” ), one of CFR’s indirect wholly-owned subsidiaries. The group of companies whose ultimate parent company is CFR are referred to herein collectively as “Richemont”. Richemont’s luxury businesses operate globally. The largest market is Asia-Pacific, which generates more than 40 per cent of sales. We believe the diversity of our geographical operations, with a lack of dependency on any one market, represents a long-term competitive advantage. Richemont directly employs more than 20,000 people worldwide and has employees based in all major regions of the world. Two-thirds of Richemont’s employees are based in Europe, but Asia-Pacific and the Americas are also significant and growing areas of employment. The majority of Richemont’s employees in Europe are based in Switzerland, France, and Germany, where the manufacture of luxury goods is concentrated. Asia and the Far East are growing markets. In all regions, employees are engaged in retail, distribution, after sales service and⁄or administrative functions. Richemont ‘A’ shares are listed on the SIX Swiss Exchange, Richemont’s primary listing, and are included in the Swiss Market Index (‘SMI’) of leading stocks. Richemont’s South African Depository Receipts are listed in Johannesburg, Richemont’s secondary listing. Richemont is the eighth largest company in the Swiss Market Index and, as of 2007, Richemont was the third-largest luxury goods company in the world by annual revenues. In the 2010⁄2011 financial year, Richemont sales were €6.892 billion, a rise of 33% on the previous year (at actual exchange rates) and our operating profit rose by 63% to €1.355 billion. Investments in research, development and innovation extend to watch movements, new product designs and marketing-related activities. The annual accounting charge for research and development costs in this product category is some €20 million. The .Watches registry will be a standard, i.e. not a community-based, restricted registry. Its main purpose will be: • To provide a trusted source of good public information to benefit those interested in watches and all members of the watchmaking, thereby counteracting any inaccurate information about watchmaking. Richemont has a portfolio of watch brands with registered intellectual property rights around the world. Securing the term, .Watches, will enable Richemont to harmonise its current brand protection policies and to mitigate counterfeiting, a scourge of the luxury goods industry, for governments and consumers alike; • To provide a platform for the delivery of secure digital material for both industry professionals and consumers; • To ensure Richemont remains at the forefront of innovation by keeping pace with internet technology developments; and • To provide a single, trusted source for the press and governments regarding our watch making portfolio of businesses, models, and brands. The success of the .Watches registry will be determined by the enhancement in the equity of Richemont’s watch making businesses and in terms of the security and stability it brings to our communications with customers, the press, and governments. Since there will be no market in second level domain name registrations in this registry, success will not be measured by the number of second level domain name registrations. |
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