Development.Mr. Andreas Schweneker and Mr. Peter Gschwind have an idea: A sticking high quality watch resembling a stamp with a variety of extraordinary designs. Mr. Elmar Mock, one of the inventors of the SWATCH watch takes over the technical part of the long procedure. Finally the first STAMPS watch emerges in form of a vertical strip with 4 connected watches. Each watch can be snapped off the strip and used individually. This first launch contains 36 different designs.
Foundation Of The Company. Mr. Andreas Schweneker founds the Timehouse GmbH in Hamburg, Germany. Success doesn’t wait: He achieves the 9th place at the well known Start Up Competition run by „Stern“ (German media), Sparkassen (German finance) and the international management consultant company McKinsey. Production of the first STAMPS watches starts in Berlin, Germany. The distribution involves German Shops first but soon spreads out to Hong Kong and The Netherlands via new business partners.
Growth. Timehouse switches ist production line to Nove Mesto nad Metuji, Czech Rep. The production itself is being widened out to accessories like chains and bracelets. Besides the original 4 watch stripe, doubles and singles are available now. This range is also on offer as a promotion article for companies.
Sales Expansion. 2000 is the year of great importance: The product distribution is widened out to European countries like Portugal, Italy and France first but Oversea countries (i.e. Japan, Australia, New Zealand, USA, Mexio, Dubai, East Europe, India and China) are to follow soon.
Awards. Timehouse takes part in the annual Red Dot competition, a very popular designer award in Germany and succeeds with 2 designs. At the same time a STAMPS watch is chosen for the Design-Model of the frankfurt fair 2001. Companies headquarters are being moved to Eystrup (Lower Saxony, Germany). Additional a subsidiary company is founded in the Czech Rep.
Accessories. Accessories like bags and t-shirts are being added to the product line. A new collection for kids comes on the market by the name of „STAMPINO“.
STAMPS Shops. October 2005 is marked by the opening of the first STAMPS shop Camden Town London, UK.
Packaging. Matching with the new STAMPS concept and the various new designs a different more elegant packaging is being developed.