iW Magazine Winter 2017/18 | Page 53

A GERMAN STORY Creating several all-new collections of outstanding watches in just a decade was no mean feat, especially considering the hurdles faced by the watch industry in recent years. But the Wempes have shown resilience and determination from gen- eration to generation, and a fair amount of strategic creativity. After all, the company survived the challenges of Germany’s complicated history in the 20th century while also surviving the difficulty of succession that family-owned enterprises often face. It all began in 1878, when Gerhard Diedrich Wempe opened a jewelry and watch repair shop in a little town called Elsfleth near Oldenburg in Lower Saxony. Wempe had his wares in glass display cases and made sure customer experience was memo- rable at his shop. In 1902, he started to collaborate with Swiss watchmakers and expand his watch business. Gerhard Wempe died in 1921 and left his business, which now numbered several shops, in the able hands of his son, Herbert, who soon became the exclusive representative of popular Swiss brands like Omega, Longines and Zenith. In the hard economic environment of the post-World-War-One years, he invested in marketing, making sure that all Wempe stores had the same identifiable look. When a gang of thieves robbed his Hamburg store, instead of panicking, he offered the thieves a larger sum for the booty than any fence wood, an act that became part of Hans Falada, a novel by one of Germany’s best-selling authors, and a film (“Rififi,” by Jules Dassin). One of Herbert Wempe’s main projects was the purchase of a chronometer-manufacturing firm in 1938, the Hamburger Chro- nometerwerke. In the same year, he worked with Otto Lange on the “Glashütte Observatory” project to promote horologi- cal research and vocational training. World War Two basically put an end to many plans: chronometers were needed for the Luftwaffe, and so the military took over. By the end of the war, Herbert had lost his eldest son and possible successor while Hamburg, seat of the company, lay in ruins, and Glashütte was in the Soviet zone. Herbert’s son Helmut took over in 1963 and worked hard to make the business an international success. The watch seg- ment ended up crashing against the reefs of the quartz crisis and was abandoned in 1981. It was up to his daughter, Kim-Eva Wempe, to continue take up the relay and realize her own dream of launching a watch division. In Glashütte. Her reign began in 2003. A FAMILY AFFAIR The Germans have a little word, untranslatable one to one, that accounts for a lot of their economic success: sachlich. It connotes a range of definitions, from expert, earthy and rea- sonable, to rational, intelligent, logical. It is the word that is used when things get too emotional, too disruptive. It also can clarify complicated strategies by cutting out the fat and the extraneous whistles, and help a company get down to brass tacks. continue on page 56 54 | INTERNATIONAL WATCH | WINTER 2018