Q1. It's been slightly more than 2 years since the first Sevenfriday image surfaced out in the market, how have things changed so far? Now and then. Run through the key points, e.g number of watches sold, number of countries, IG followers, etc.
A1. We are now 2 1/2 years old and the journey has been incredible thanks to all the support we received from many sides! We are now in about 75 countries present and in close to 500 POS. In our first years we sold a surprising 12K watches and even more surprising 27K in 2014!
Q2. Any regrets so far? What would be some of the things that you wish you would have done differently back then?
A2. Not really, can’t recall any on the top of my mind! In any case I prefer to look forward rather than drooling on regrets…
Q3 After 2 years, I guess it's easier for you to see the profile of your typical customers. Yes, you mentioned before it was quite broad, that you yourself didn't see any point of segmentation and profiling but I guess no harm asking you that question again now. Any difference?
A3. We have to be dynamic and adjustable to reality. The profile is indeed very versatile in regards to gender, age, culture etc… which is a great thing for us!
Q4. Based on our own experience here, we've sold Sevenfriday to quite a number of serious watch collectors here who pulled the trigger out of curiosity, out of genuine interest in the brand story and many are also intrigued by the design. Having said that, there are still a lot of people here who do not believe that Design, I mean Good Design in a product, deserves recognition and a premium. What do you have to say to say to this group?
A4. Anybody is entitled to hers and his opinion. Design in without a doubt a very important element of all consumer products and not to be discounted, so is quality, innovation but also price…
Q5. A lot of brands decided to launch a sister brand to cater to a more mass audience. Sevenfriday on the other is already at a niche whereby going down in price offering will hurt the brand image, so the only option is to go higher. Is there a possibility of launching a new sister brand of Sevenfriday perhaps in the SGD10,000 price segment? Sevenfriday SGD1500 and MB&F SGD100,000. The gap is pretty wide.
A5. :-D , nothing is impossible but at the same time it is very important for any brand to respect and stay true to ist identity!
Q6. Okay let's talk about the FAKES now if they are worth a discussion at all, that is.
A6. Not really….Copies are the most sincere form of flattery, but very annoying and illegal! If you don’t have copies you’re not a brand, so we did well I guess :-D! On the other hand you take risks and invest a lot of resources, so it is very annoying seeing people profiting in such manner.
Q7. Last but not least, what's next for Sevenfriday. Any hints on what's coming? SF at Jays for example. Do you see it happening here?
A7. Many developments are in the pipeline for SEVEFRIDAY, more watches coming this year….but for the first time also some new watch accessories…and much more which should remain a surprise for the time being
5 March 2015, Singapore – SevenFriday World Tour returns to Singapore with a titillating evening of fine timepieces, whisky, company as well as supporting a good cause. 4 March 2015 marked the return of the highly anticipated SevenFriday World Tour to Singapore. This time, the event was held at Lowercase, located in the artsy campus of LA SALLE College of the Arts. SevenFriday and LA SALLE both share common traits: maintaining a strong design ethos while daring to be original. The nonconformist and unconventional design of a SevenFriday watch is also echoed in the architecture of the campus as well as the art and design curriculum on offer. What better venue to hold the World Tour when both organisations are deeply rooted in design.
The interiors of Lowercase further reflected what SevenFriday was all about: an easygoing vibe with a hint of industrialism. For the uninitiated, one might mistake Lowercase as a SevenFriday café, thanks to the meticulous planning of the décor. The wood-themed stage featured emblems found on a SevenFriday watch box, exhorting buyers to “Carry with Caution”, as an example. The close to 200 guests who turned up for the SevenFriday Singapore World Tour 2015 were greeted by a huge SevenFriday Big Block poster at the entrance, which also served as a preview of what was to come during the event.
In support of loveLASALLE Education Fund
As a show of its continual commitment to nurturing and supporting local talent, SevenFriday Singapore held an auction for the evening to raise funds for the loveLASALLE Education Fund, which helps students in need of financial aid for their tuition fees. Alvan Loo, Director of Communications and Advancement with LASALLE, who is in charge of the loveLASALLE Education Fund was present to inform guests at the event about how their donations would be utilized to assist students.
Up for auction were the limited edition SevenFriday Big Block and Yamazaki 18 whisky. Both items are highly coveted in their own way. The SevenFriday Big Block is limited to 350 pieces globally with very few pieces available for sale across the more than 50
markets that SevenFriday is present in. The Yamazaki 18 is a fine whisky crafted in Japan’s first commercial distillery, which is owned by Suntory. The single malt is sought after for the deep rich aroma for which it is known. The two items fetched a neat sum of S$3,000 from the auction, above their combined retail value of S$2,500. Niederer sweetened the deal by including a SevenFriday bag from his personal collection, which also bore his autograph. 100% of proceeds from this auction went to the loveLASALLE Education Fund.
When invites for the event were first sent out, one of the questions that came back was whether there had been a typo for the “gilty pleasure” promised for the evening. The use of the term gilt was purely a word play, meant as a teaser of one of the things to come from SevenFriday this year. The main inspiration of this theme can be found sitting on the wrist of Niederer. Eagle eyed fans were able to catch a glimpse of the gilt-edged SevenFriday M-series which will be launched in conjunction with the upcoming BaselWorld 2015.
To inject an element of fun to the evening and also as a precursor of the muchanticipated SevenFriday at Jay’s – which is a 7-night long event organised by SevenFriday at the club, Jay’s, located in Basel over the duration of BaselWorld 2015, SevenFriday Singapore teamed up with Iki Shouten, a proprietor of fine Japanese and Scotch whiskies as well as sake and various spirits and wines, to come up with a SevenFriday-inspired cocktail for the evening. Dubbed Gilty Pleasure, the SevenFriday Singapore cocktail was crafted by the founders of Iki Shouten, Min Xiang Yang and Andrew Pang. Made using a combination of the fine Hakushu Distiller’s Reserve Japanese whisky which is embraced for its herbal, gently smoky flavour; elegant yuzu juice; and exotic fennel seeds-infused syrup, the Gilty Pleasure is a burst of citrusy followed by mild savoury notes that was a crowd pleaser. The mellow gold coloured drink mimics the theme of the event – gilt. Whether you like your whisky neat or dirty, the dynamic team of Iki Shouten was ready to serve up your poison of choice for the evening.
Event goers went home with a SevenFriday slap-on flash drive on their wrist and a set of drink coasters in their pockets. Not limiting itself to just wrist candy, the SevenFriday slap-on accessory doubles up as a flash drive as well. Replicating the Gilty Pleasure cocktail can be done easily at home with the recipe for the SevenFriday Singapore cocktail printed on the flipside of the coaster.