Officine Panerai is a luxury Italian watch brand that has a long and storied history. The company was founded in Florence, Italy in 1860 by Giovanni Panerai, who initially started the business as a small watch shop. Over the years, the Panerai brand has become well-known for its high-quality timepieces and innovative designs.
In the early years of the 20th century, Panerai began working with the Italian Navy, producing precision instruments such as compasses, depth gauges, and timepieces. This relationship with the Navy led to the development of the first Panerai Radiomir watch in 1936, which was designed specifically for military use. The Radiomir was a waterproof, luminous watch that was highly visible in low light conditions, and it quickly became a favorite of the Italian Navy’s elite frogmen.
During World War II, Panerai continued to work closely with the Italian Navy, producing specialized watches and other instruments that were critical to the war effort. After the war, the company shifted its focus to producing high-end watches for civilian use, although it continued to work with the Navy on occasion.
Despite its rich history and reputation for quality, Panerai remained a relatively small and obscure brand until the 1990s, when it was acquired by the Richemont Group, a Swiss luxury goods conglomerate. Under Richemont’s ownership, Panerai began to expand its product line and marketing efforts, and the brand’s popularity began to grow.
Today, Panerai is known for its distinctive designs, which often feature large, cushion-shaped cases and minimalist dials with oversized Arabic numerals. The brand’s watches are highly sought after by collectors, and they are often associated with luxury and high-end fashion. Despite its growth and success, Panerai remains committed to its roots in precision engineering and innovation, and it continues to produce some of the finest timepieces on the market today.