Philip Stein Watches: “Responsible Luxury” Captures International Attention
Best known for its incorporation of frequency-based technology into a line of stunning designer watches, the Philip Stein watch company is on a mission to create beautiful timepieces that put the body and soul at ease, while encouraging wearers to be responsible for their own well-being.
The company was founded in 2002, by Will and Rina Stein, and has brought an innovative outlook to the world of luxury products. Through the integration of the Single Frequency Technology, Philip Stein watches use two chips that interact with the battery’s electrical impulses, along with the watch’s magnetic field. This creates a frequency that can give people improved vitality and positive outlook.
Because of their dedication to therapeutic techniques that improve overall well-being, and the distinctive quality of their timepieces, Philip Stein has become synonymous with Responsible Luxury. To Philip Stein, Responsible Luxury is “luxury with a purpose”, and it signifies the concept of being responsible for yourself and others by caring for your own well-being. It is this mission that has drawn the attention of national magazines, CNN.com, The View and the Oprah Winfrey show. After twice being singled out as one of “Oprah’s Favorite Things”, Philip Stein watches have enjoyed exponential growth and notoriety.
Philip Stein’s largest markets are the U.S. and Caribbean market, but in 2004, the company expanded internationally. Starting with Asia, and then the Middle East, Europe, and South America, Philip Stein is now sold in approximately 25 different countries. Their largest market outside of the United States is the Philippines, where they are active in funding Philippine National Red Cross through the sale of Philip Stein’s “Red” watches. In addition, they are now entering India, Thailand, Russia and China. These emerging markets are very important to Philip Stein’s growth, especially given the current economic crisis in the United States. Philip Stein believes that diversification is a key to its prolonged success.
Perhaps even more important than having a global presence is the one-of-a-kind beauty of Philip Stein’s luxury timepieces. The watches are available in two main collections: One is the Prestige Collection, and the other is the Signature Collection. The Prestige is a newer line, and is a Swiss-made collection that uses a different technology than the original Signature Collection. The Philip Stein Signature Collection, which is the first one they launched, offers four sizes, including an oversized chronograph, a men’s watch, a ladies’ watch, and a mini-watch. All have the same shape and the same case, and are available in a choice of stainless steel, 18-karat rose gold, or diamond encrusted.