Who is the TAG in TAG-Heuer?
From a thread in the TZ Omega Forum…
Involving Andrew (from NYC), Michael Stein (of Cologne Germany) and myself, Chuck Maddox.
Originally posted on 12~13 October 2001

Andrew's orignal post is in this shade of Blue...

OT: Who is the Tag in Tag Heuer?>

This seems to be the de facto Tag forum so I have some Tag Heuer Questions
 
My elaboration's are in black plain text.
 
Until TZ Wakes up to the pent up need for a Heuer/TAG Heuer forum here we stay... Sorry Bill...

1. Who is Tag? Is it a large company that does many things and has a Tag Heuer watch division or do they sell use of their trademark. I ask because I was looking into air travel a few months ago and found Tag corperate aviation. They used the same "tag" logo that the watch does. I also saw the same logo in an advert. for a fancy radio in the UK. What gives?

Michael's reply is in this Reddish Shade...

TAG was only a shareholder...

TAG is the Techniques d'Avant-Garde, a company which is Arabian owned, as far as I know. They acquired the stock majority during the early 80s. Former owners were Lemania and Piaget. From 1985 the company was renamed to TAG-Heuer.

The history of Heuer is long and interesting and a fasicinating counterpoint to Omega's in many ways. For much of their existance Heuer and Omega were chasing the same customers. Heuer merged with Leonidas in 1964 and eventually took them over completely... The firm was still family owned when Jack W. Heuer saw that the only way to secure the future was to write off the capital. The new owners became the Lemania movement manufacturer and associated shareholders, including the Piaget family. The acquisition of a majority stake by the "Techniques d'Avant-Garde" group in 1985 gave the company a new name TAG-Heuer. The major shareholder of TAG was Saudi Arabian until 1996 when the company was floated on the stock-exchange. In mid-September 1999, the french luxury products manufacturer LVMH bought TAG for almost 1,2 billion Swiss Francs.

Prior to that TAG became well known as the sponsor for the Porsche -Motor for McLaren in Formula 1. They did win the World Championship once or twice, don't know the years anymore.

Absolutely correct. TAG-McLaren's absolutely dominated F1 during the late 1980's I too forget the years, but they were nearly unstopable during those years.

2. What happened to Tag Heuer watches? Before the 1990`s they seemed to have made fine timepieces of horological note and were almost on level with Omega and Breitling. Now they seem to be fashion ware.

Actually the cut off date for the "old Heuer" for the most part is probably the late 1980's... There have been some models that persisted beyond that date, the Pilot's models for example. But you are correct in that Omega, Breitling and Heuer all competed for the same customer's monies.

At some point the decision was made by those in charge at TAG-Heuer that in order to survive and be profitable they needed to find a niche different than what they were in. So they moved from what they were which was a firm that's emphasis was making rugged, well-made, and technically sophicated watches and chronographs, to a firm that put a heavier emphasis on design and style of the case, bracelet, and estetics of the watch than the "horological purity" of the innards.

For many collectors current and recent TAG-Heuer offerings are not particularly desirable... However, as a brand TAG-Heuer has been exceedingly profitable in recent years since they moved their product line in the "Jewelry Watch" direction from their previous "Tool Watch" orientation. In many ways I see a lot of superficial similarities between the look of current TAG's and Breitlings... Many of the watches in each firm's product line seem to be designed to people who like a little "flash" in their watch, sometimes more than a "little" flash... Omega has been more conservative, then and now.

I own a number of Heuer's and TAG Heuers. For the most part most of my Heuer and TAG-Heuer holdings are of older watches. I like the older Heuer's in many ways I am as comfortable or more comfortable wearing a Heuer than an Omega. Of the current TAG-Heuer product line, not counting models that have just been released that I haven't seen yet, I'd say that they could lose all of the product line save the Kirium, Specialist, and Classic lines and I'd personally never miss them. For the most part the rest of the product line is more sizzle than steak. But that's just my opinion, however most WIS's are not as kind as I am.

Now the company is also owned by luxury holding LMHV which bought it in 1999 for more than a billion Swiss Franks. As far as I heard it is planned to upgrade the line of their products. I hope they will change the name one day - to Heuer again.

But having said that, I suppose I would rather have a healthy profitable TAG-Heuer than a defunct out of business Heuer... It's the lesser of two evils. I too hope that TAG-Heuer finds a way to not only do the "d'Avant-Garde" innovative case/bracelet/design work, while expanding their classic's line to incorporate some really good solid value priced chronographs that would be a alternative to the SeMPC... Perhaps a good idea would be to keep TAG-Heuer for the existing lines and revert to "Heuer" for the classic line.

I see the LVMH as potentially a positive thing as TAG will have access to Zenith movements, however on the downside, Swatch Group's acquisition of Lemania probably means a continuation of difficulties that have been experienced in obtaining Lemania movements, if there is any hope at all... I for one would love to see Heuer resume production of their Lemania 5100 line again at a price designed to blast Bell & Ross and the like out of the water. But that's probably is not to be. (Note: It has since been determined that production of the Lemania 5100 has ceased).

If you are interested in collecting Heuer or TAG-Heuer I'd point you in the later Heuer era (1960's through 1980 or so), and the Transition era (1980-1986 or so) for your best value and most interesting pieces...

-- Chuck