The ever elegant Arceau timepiece from Hermes is undergoing a bit of technical facelift this year with the introduction of a Chronograph variant.

As with any Hermes watch the details are impeccable, from the watch hands which are colored in the company’s signature orange to the black barenia calf leather strap.

Luxury Swiss watch and jewellery maker Chopard has just taken a substantial order from Libyan leader Colonel Muammar Gaddafi.

The order was for 250 limited edition watches valued at around 8 million Swiss Francs ($7.5 million).

They should each have the likeness of Colonel Gaddafi on them in some form and were ordered to celebrate his 40th anniversary of being in office.

For the second time in a row, the traditional watch manufactory A. Lange & Söhne comes out top of the ranking of German luxury brands, published by the business news magazine “Wirtschaftswoche” in its edition of 17 August 2009.

For 2009, Piaget has created a new watch concept entirely in keeping with previous extravagant collections: the Limelight Twice.

This is a truly original watch featuring an asymmetric design.

The design brief called for it to be endowed with a dual nature, that is capable of showing itself demure or extrovert according to one’s mood.

Dunhill have commissioned Jaeger LeCoultre to create a line of watches for them using their movements furthering the relationship started earlier this year with the release of the Jaeger LeCoultre Atmos Clock for Dunhill.

The collection consists of the Dunhill Facet and the Dunhill Classic.

The Dunhill Facet uses the Jaeger LeCoultre caliber 822 automatic movement and is available in either white or rose gold for a price range of $5,130-$9,830.

We take a look at the Hermes Alligator Leather Table Clock as made for the Only Watch 2009 event.

The Only Watch auction is a collaboration between Patrizzi & Co. Auctioneers and the Monaco Yacht Show. It will be held this year in Monaco on September 24, 2009.

The charity that will benefit from the event researches treatment for Duchenne Muscular Dystrophy.