rlazor8 wrote:
so is this a way to test the market before ramping up to major production, or just a way to squeeze a few extra bucks?
I think it's a combination of things:
it's a way to test the market. When Breitling introduces a new model or movement, many prospective purchasers want to play it safe and wait to see if there are any reported kinks in the design. The exclusive features of a LE lure those who might otherwise be trepidatious until enough time passes for the design to be evaluated. See for example that the first 2000 Chronomats and Navitimers (LEs) had the exclusive design feature of having exhibition backs.
LEs can also attract buyers who might want the exclusivity and uniqueness of LE models (like the TO 1915) and/or features exclusive to LEs (as mentioned above).
It also presents an alternative to fans of a model who don't like the current offerings of that model enough to make a purchase. Oftentimes changing a few nuances can make a difference (e.g. the dial configuration on the new black/blue navitimer).
My favorite watch happens to be a LE. When I decided to purchase a Navi 01, I had to find a LE because I had to have the display back. I can also say that my experience with my LE includes a psychological component: the watch seems all the more special by virtue of its limited production. I am conscious of the fact that not everyone can have the white gold logo, white date wheel, numbered engraving, and display back that sets my Navitimer apart from the standard Navitimer.
rlazor8 wrote:
Do other higher-end brands have so many LEs?
I'm pretty sure Hublot has as many as Breitling or more. It seems to me like every time I come across a Hublot announcement it's about a new LE.