Luxury Magazine Hatched From Timepiece Mag
hr:, a magazine heretofore devoted to mechanical timepieces, is attempting to reinvent itself with a new focus on the broader category of luxury goods. The bi-monthly slick promises to deliver a readership that is 35-55, with an annual income above $650,000 and a net worth of $1 million plus, which makes sense if you've priced the cost of having your Rolex or Patek Phillipe cleaned lately.
The new focus will feature those lifestyle elements most likely to advertise heavily in the magazine; fashion, luxury cars, yachts, vacation spots and, of course, watches. As the public abandons the wearing of watches in deference to the time readout on their cell phones, the accoutrement increasing has become a jewelry choice, one acceptable within the conservative 'man code'.
Expect hr: to join the rank of quasi-catalogues of luxury gifts, somewhere between Harper's Bazaar and Condé Nast Travel, where the lines between articles and advertising is as faint as the blush on a model's cheek.