The company's success story began in 1875, when Jules-Louis Audemars began to develop his own watches after training as a repasseur. In December 1881 he founded the company Audemars Piguet with his friend and repairer Edward-Auguste Piguet. Initially they specialized in the production of pocket watches and soon expanded their repertoire to include wristwatches. In 1891 they introduced the first wristwatch with minute repeater. As they were able to quickly raise their profile, it did not take long before the first branches outside Switzerland were opened. Today Audemars Piguet develops and produces coveted luxury watches that are highly regarded by connoisseurs.