Louis Vuitton continues to develop its iconic “Tambour” design with the addition of this new ultra high-end model, the Tambour Minute Repeater.

The timepiece comes in a 44mm white/pink/yellow gold case (your choice), manual wind mechanical Louis Vuitton Caliber 178, and smoked sapphire crystal displays.

To catch up with the hottest fashion trend, the Louis Vuitton watch is endowed with a smoked skeletonized dial.

Watchmaker Vacheron Constantin has opened its 28th boutique—and its first-ever in the United States—on New York’s Madison Avenue.

The new outpost will join Vacheron Constantin’s existing boutiques in other cosmopolitan capitals like Moscow, Shanghai, Dubai and Geneva.

Ideally situated on the corner of 64th Street and Madison Avenue, in a historic building reminiscent of a 15th century Florentine palace, the exceptional location pays tribute to fine Italian art and the brand’s classic aesthetic.

Luxury Swiss watchmaker Hublot has created a $5 million diamond-encrusted ladies’ watch and plans to unveil it next year, Bloomberg reports.

The watch contains as many as 300 carats of polished diamonds, and is more expensive by $2 million than the Big Bang diamond watch model sold this year.

“Women are buying more than men, women are buying more often than men and women are very influential over men, so you have three good reasons to work on this population,” Chief Executive Officer Jean-Claude Biver said in an interview.

Maximilian Busser and Friends (MB&F), an independent watchmaker known for its extreme designs, has taken the wraps off its new Legacy Machine 1 watch.

Jean-Francois Mojon developed the design of the model’s movement, while Kari Voutilainen took care of its impeccable finishing.

The Legacy Machine No 1 is based on the idea of what if MB&F designed a watch not in 2011, but 1911. The end result is a watch that is traditional in shape.

Beating inside the new MB&F watch is a hand-wound three-dimensional movement. It supplies a 45-hour power reserve.

The Mikrotimer Flying 1000 Concept is the latest TAG Heuer first: the only mechanical chronograph to measure and display the 1/1,000th of a second.

Its oscillating system vibrates at 3,600,000 beats per hour, 125 times faster most existing chronographs and 300 times faster than a human blink.

As you can see in the video embedded below, when operating as a stopwatch the sweep hand is moving so fast you can barely see it in motion.

The fourth edition with the biennial Only Watch charity auction, held Friday in the Hotel Hermitage in Monaco, raised more than €4.5 million ($6 million).

Exclusive timepieces by famous and less famous watch manufacturers are being auctioned off for the benefit of researching Duchenne Muscular Dystrophy.

Complete sale results and a reminder of the models are available after the jump.