dominique guenat net worth

Richard Mille Brand In 1974, Richard Mille worked for his first watch company. This for a first watch by an unknown non-watchmaker. Chu is an American journalist and a senior markets correspondent for CNBC. Because they're not really buying a watch at all, runs one well-worn metaphor: They're buying a miniature sports car for the wrist. FCA regulator blamed for Arms decision to shun London listing, There are no domestic equity investors: why companies are fleeing Londons stock market, Argentina diary: Come armed with $100 bills, Live news updates from March 3: Amazon pauses HQ2 construction, UK regulators launch LME probe, The Murdaugh trial: a southern gothic tale that gripped the nation, Humanity is sleepwalking into a neurotech disaster, Who to fire? When the RM 001 hit the market in August 2001, it quickly became clear Mille's gamble had paid off. Dominique Sachse Net Worth. Prof. Dr. Dominique Guenat Profile Prof. Dr. Dominique Guenat Head of HAFL Hugo P. Cecchini Institute Contact +41 31 910 21 74 Show e-mail www.bfh.ch/en/dominique-guenat Address Berner Fachhochschule School of Agricultural, Forest and Food Sciences HAFL Fachbereich Agronomie Lnggasse 85 3052 Zollikofen Activities Responsibilities Teaching RM 027 Rafa Nadal. Having worked for several industry firms, he started his own business in 1998. He is not dating anyone. En 1937 son fils Alphonse, horloger qualifi, devient responsable technique de lentreprise jusqu sa retraite en 1986. Mainpage Find driver Season Events . Eventhough we abided by the constraints ofthe existing patterns of theTalisman styles, we spent a lot of timeworking on the placement of the colouredstones, playing with the lines andshading, she says. Two new sports partners join the RM Family, the French skier Alexis Pinturault and the American golfer Cristie Kerr. It wasnt until the Swatch Group was set up that a consolidated effort against Japanese and Chinese manufacturers could be established. The history of Richard Mille. Her age is around 25 years old {not confirmed} as of 2021. Dominique Guenat (au centre), sa fille Ccile et son fils Maxime. dominique guenat net worth. souhaite]. He discussed his business idea with his friend Dominique Guenat. Richards zodiac sign is Cancer. Net Worth, Income, and Lifestyle. Complete information is not available, our team will update soon the smoking and drinking details. I wanted to create a new business model, far removed from traditional marketing strategies, something totally original. . Also, your money is at at risk of being locked up in an illiquid investment for a long period of time (as much as seven to 10 years). To demonstrate that he achieved this, Richard Mille famously threw his own RM001 onto the floor in front of his future retailers at the backstage of Baselworld. souhaite]. On the arts front, dancer and choreographer Benjamin Millepied directed a piece to music by composer-conductor Thomas Roussel for the launch of the RM72-01 Lifestyle In-House Chronograph. I tried to find the inspiration that gave the possibility to use things I love: colour and mixing colour, thatglittery element, the fun not the best word, but I do like to have fun with my work, she says of the idea behind it all. YouTuber, Height. Her Zodiac sign is Leo. Richard Mille has an estimated net worth of $1 million to $5 million. It was in 1988 that Dominique Guenat and Richard Mille first met, while the latter was Head of Watchmaking and CEO of Jewellery at Mauboussin, in relation to making watches. Sign up to our monthly newsletter for exclusive news and trends, Start following us for more content, inspiration, news, trends and more. Dominic Roque has amassed a sizable fortune during his professional career. The Richard Mille Bonbon Collection, a rebellious collection in acid-bright colours, is released for its last SIHH. Those clients who understood the uncompromising quality of such a visionary product, predestined this first creation to become an unequivocal success. Ce nouveau duo est complt Paris par Alexandre et Amanda, deux des enfants de Richard Matthieu Spohn pour Le Temps Aline Bassin Publi mardi 13 octobre 2020 09:42 The Watch Stand is based in Stockholm, Sweden. Le 5 avril 1951, Ali Guenat et ses fils Alphonse et Roger se constituent en socit et reprennent l'actif et le passif de l'entreprise qu'ils renomment Les Fils d'Ali Guenat - Montres Valgine[5]. She spent a lot of time breastfeeding and on her computer. He couldn't look happier about it. Avec mon pre, nous avons commenc dcouvrir l'agriculture biologique ds 1983. "You had to have at least half a million dollars in assets, if not $1 million, to qualify to be a client," she sighed. Ainsi en 2013, Guenat SA - Montres Valgine et Horomtrie SA rachtent 90% des parts de Prototypes Artisanales SA situe Saignelgier ct des Breuleux, le fondateur Alain Varrin conservant 10%[7]. Over time, she grew her social media presence, which attracted brands like Charles Schwab, Uber, and GM. Le confondateur est en passe de transmettre les rnes de l'entreprise horlogre ses enfants. "If it can also help him, well, that's a bonus.". Liven Family Net Worth 2022 How Rich is the Family? The first tonneau-shaped watch in the world with a case made of solid sapphire is presented, the RM 056. It is an approximate forecast of how rich is Dominique Simone and could vary in the range between $715.1K - $1.5M. Salary, Earnings. 'With Dominique Guenat and the best experts of Swiss watchmaking who were not frightened by the challenging ideas to introduce to the world, we set to work in the realisation of the very first design, the RM 001.'. His name appears on the list of the richest French people. It's free! Birth Name Dominik Gutierrez Net Worth $200,000 Mother Nationality American Siblings 1 (Aalyah) Salary $100,000 Birth Country San Diego, United States Famous Name Dominik Mysterio Horoscope Aries Nationality American Ethnicity White Girlfriend Marie Juliette Profession WWE Wrestler Currently Club WWE Once again, she developed an interactive online course. Likewise, he follows the Christianity religion and his birth sign is Cancer. Introduction of the RM 017, Richard Milles first extraflat tourbillon with a rectangular case. You may opt-out by. I work on a razor blade between gimmickry and amazement.". It was a surprisingly playful and feminine collectionfrom a high-tech luxury sportswear watch brand that is beloved byworld-class athletes such as the tennis champion Rafael Nadal, and has a slogan that reads a racing machine on the wrist. The new RM 62-01 ACJ features a vibrating alarm, an all-new grand complication taking functionality and performance to new limits. "I was in a Studio 54 state of mind listening to disco, funk and R&B," recalled Ccile Guenat, Richard Mille's director of creation and development (and daughter of Dominique Guenat, Richard Mille co-founder and co-president). Nothing more is known about her Education Background. Durant l'entre-deux-guerres ses trois enfants viennent lpauler pour maintenir lentreprise. The RM 71-02 Automatic Tourbillon Talisman has 10 models that are . Moser and Cie,44,H20 Watch,1,Habring,9,Habring2,10,Hajime Asaoka,2,Hallmark of Geneva,2,Hamilton,32,hands-on,99,Hanhart,11,Harry Winston,11,Hautlence,6,Hermes,26,Heuer,2,high jewellery,1,high-frequency,1,Hublot,45,Hybris Artistica,1,Hydro Mechanical Horologists,7,HYT Watches,16,Icon,1,In pictures,12,independent watchmaker,19,industry news,209,interview,6,Interviews,6,IWC,148,Jaeger-LeCoultre,114,Jaquet Droz,58,Jean-Francois Mojon,1,Jean-Marc Pontrou,1,JeanRichard,3,jumping hours,34,Junghans,9,Kaj Korpela,1,Kari Voutilainen,9,Kenissi,1,Korpela,1,Krayon,4,Kudoke,4,Kurono,2,L'Epee 1839,1,Labails,1,Ladies watches,171,Lang & Heyne,3,Lange,44,large date,2,Laurent Ferrier,25,Laureus,2,Le Garde Temps,1,Lederer Watches,2,Leica,2,Lemania,1,Leroy,3,Linde Werdelin,2,Longines,77,Louis Erard,17,Louis Moinet,7,luxury steel watch,19,LVMH,9,LVMH 2020,6,M.A.D.Edition,2,M.A.D.Editions,2,Matres du Temps,1,Manufacture Contemporaine du Temps,3,Manufacture Royale,3,Marc Lang,1,marine chronometer,1,Maurice de Mauriac,2,Maurice Lacroix,18,MB&F,56,MCT,1,MeisterSinger,76,meteorite,2,metiers d'art,1,Mickey Mouse,2,Mido,46,military watches,14,Minerva,2,Ming,1,Minute Repeater,57,monopusher chronograph,4,Montblanc,55,moon phases,113,Moritz Grossmann,30,Moser,39,Muhle,6,Mhle-Glashtte,5,mystery watches,4,Nautilus,11,New Britain Corp,1,new watches,3205,Nomos,61,Norqain,31,Ochs und Junior,5,Officine Panerai,95,Omega,171,Only Watch,9,Only Watch 2015,4,Only Watch 2017,2,Only Watch 2019,3,Only Watch 2021,4,Oris,39,paillonne,1,Panerai,98,Parmigiani,11,Parmigiani Fleurier,30,Pascal Coyon,1,Patek,50,Patek Philippe,126,Pedrozo & Piriz,1,perpetual calendar,133,Perrelet,10,Petermann Bedat,2,Phenomen,1,Philippe Dufour,1,Phillips,8,Piaget,25,Pierre DeRoche,2,pilot watch,95,Pisa,9,Pisa Circle,9,Pita,1,planetarium,2,platinum,6,pocket watch,3,pocket watches,2,Poincon de Geneve,2,Porsche Design,17,Pre-SIHH 2016: Cartier - Cl de Cartier Automatic Skeleton,1,pulsometer,5,Purnell,1,quartz,9,Rado,18,Ralf Tech,3,Ralph Lauren,2,rattrapante,19,Raul Pages,1,Raymond Weil,1,rectangular watches,13,reddot award,1,regatta,1,regulator,21,remontoire,5,Remy Cools,1,Reservoir,2,resonance,19,Ressence,10,retrograde,9,Revelation,1,Reverso,22,review,99,RGM,1,RGM Watch Co.,1,Richard Mille,100,Richemont,4,Richmond,1,Roger Dubuis,11,Roger Smith,1,Roger W. Smith,1,Rolex,60,Romain Gauthier,12,Romain Jerome,1,Royal Oak,32,Rudis Sylva,1,sapphire,3,Seamaster,5,Seiko,32,SevenFriday,20,SIHH,3,SIHH 2012,4,SIHH 2013,25,SIHH 2014,36,SIHH 2015,43,SIHH 2016,44,SIHH 2017,40,SIHH 2018,43,SIHH 2019,53,Singer,5,Singer Reimagined,8,single hand,20,single-hand watches,23,Sinn,14,skeleton,29,smartwatch,9,solar energy,1,Sotheby's,5,Speake-Marin,4,Speedmaster,32,split seconds,18,sport,1,sport watches,829,Spring Drive,2,square watches,2,squelette,50,steampunk,1,Steinhart,1,striking time,16,SuisseMecanica,1,sunrise,2,sunset,2,Swatch,5,Swatch Group,19,Sylvain Pinaud,2,table clocks,4,Tag Heuer,156,technical insight,3,terra Cielo Mare,1,Theo Auffret,1,Tiffany,17,Tissot,6,titanium,5,top news,305,Torsti Laine,1,tourbillon,329,Trilobe,3,Tudor,31,Tulloch,1,Tutima,3,ultra thin,31,Ulysse Nardin,36,Unimatic,1,Union Glashutte,12,Urban Jurgensen,29,Urwerk,21,Vacheron Constantin,79,Van Cleef & Arpels,7,Vauchier Fleurier,1,Vianney Halter,5,video,1,vintage watches,3,Vulcain,11,wandering hours,1,watches,1,Watches & Wonders,40,Watches & Wonders 2020,19,Watches & Wonders 2021,28,Watches & Wonders 2022,34,Watches & Wonders 2023,2,Watches&Wonders,4,WatchesandWonders2022,35,WatchesandWonders2023,2,Winnerl,1,worldtime,50,Zannetti,1,Zeitwerk,2,Zeitwinkel,1,Zenith,104,Zodiac,9, Time and Watches | The watch blog: The history of Richard Mille. Oddly for a financial planner, she didn't run the numbers to project sales and profitability. Four new partners join the RM family: the composer Thomas Roussel, retired football player Didier Drogba, Indycar driver Scott Dixon and high jumping champion Yulia Levchenko . The combined cash at bank value for all businesses where DOMINIQUE holds a current appointment equals , a combined total current assets value of with a total current liabilities of and a total current net worth of . My goal was to create a new, ultra-high-end luxury segment within the high-end watch business, and I was very eager to know what could come of it.'. On the sports front, the Richard Mille racing team took to the track with an all-female, four-driver line-up. Fragnire Edouard . Depuis, les Montres Valgines grent le dveloppement, la conception et le montage des mouvements des montres de la marque[7]. The towns1,500 residents are penned in by apatchwork of green pastures, a panorama that Ccile Guenat, director of creation and development at the Swiss watchmaking brand Richard Mille, passes through every day on her 10-minute commute to the brands headquarters. Cet ce moment qu'Ali Guenat choisit de se spcialiser dans la production de mouvements de petites dimensions pour des marques prestigieuses. Q.5 Does She Smoke or Drinking Alcohol. June 12, 2018. And in Mille's case, the sports cars are real: Ferrari Formula 1 driver Felipe Massa wears a Richard Mille watch with a carbon nanofiber baseplate in every race. Ali Guenat est horloger et travaille pour de grandes marques horlogres suisse. Il quittera lentreprise en 1992. As a successful reporter and YouTube star, Dominique Sachse has accumulated a net worth of USD 5.5 million in 2021. En 1945, son fils cadet, Roger, va reprendre et assurer la direction commerciale jusquen 1986[rf. En 1900, il acquiert un comptoir d'horlogerie dans les Franches-Montagnes qu'il nomme Ali Guenat - Montres Valgine[3]. Rather than the old method of using a column wheel that was stopped and started using a system of levers that would interact with the column wheel, the brand went after an innovation in the way the rattrapante worked by doing a pincer made of titanium, in which both arms work simultaneously, in order to grab the split seconds gear in a single swift movement. She endorses various brands and collaborates with various influencers. His education: De La Salle-College of Saint Benilde Manila. Each bottle sells for 14, a third of the average Congolese monthly salary. "I also had to figure out how to rebuild my credit score back from 480." Dominic Roque Net Worth His net worth has been growing significantly in 2021-2022. This results in minimal production runs, meaning their watches are almost always sold before they are even made. "At Mauboussin, they were obsessed by Cartier, which was selling perhaps 500,000 pieces a year versus hundreds for Mauboussin. Rafael Nadal and his RM 27-04 Renaud Corlouer, In the name of the father, son and tourbillon, Vianney Halter, the watchmaker of future past, The Paul Newman Rolex, watchmaking's cool attitude, watchmakers whose turnover exceeds CHF1billion, for the launch of the RM72-01 Lifestyle In-House Chronograph, The Swiss watch industry continues to shine. VAT ID: IT03942040241. He signed a 2-year contract worth $3.9 million in 1997 with an annual salary of $1.8 million that season and an option . Why do people shell out tens of thousands of dollars for complicated mechanical watches that can't match a $20 quartz-movement Timex for accuracy? The now emblematic RM 011 Flyback Chronograph Felipe Massa is introduced. All comments are moderated before being published. Photography by Micha Freutel. So she started her own firm, Finances Demystified, in 2011. Foxworth was the youngest player to become vice president of the NFL Players Association Executive Committee. This record-breaking timepiece measures a mere 1.75mm thick, meaning its thinner than a 10c coin. Dominique a 1 poste sur son profil. Dominique Guenat Rice, the staple crop in northern Laos, has traditionally been grown in shifting cultivation systems (upland rice). This formula worked as it meant Richard Mille could carve a particularly valuable niche for themselves within the world of super luxurious watchmaking. The first in-house flyback chronograph of Richard Mille, the RM 72-01, is released. Au Salon international de la haute horlogerie (SIHH) 2012, Richard Mille prsente la RM 037 quipe du nouveau calibre automatique automatique CRMA1, premier mouvement manufactur en interne, qui a rclam 2500heures de dveloppement aux ingnieurs de Guenat SA Montres Valgines[rf. 5 feet 4 inches (1.63 m) Relationship status. Founded in 1999, by Richard Mille and his business partner Dominique Guenat, Richard Mille burst onto the watchmaking scene in 2001 following three years of development on their tourbillon timepiece, the RM001. All Richard Mille watches are developed and produced in Switzerland by the Guenat SA - Montres Valgine (GMV) Manufacture in Les Breuleux. In 1974, Richard Mille worked for his first watch company. Her net worth of around $2.5 million has been acquired from her job as a writer, host, being a guest on major news channels such as CBS and Fox News and her current anchor job at CNBC. The Richard Mille RM UP-01 Ferrari is a stunningly robust piece of equipment, featuring a movement that is worthy of the watchmakers legendary nameplate. "I thought I owed a million dollars," Broadway said. Dominique Guenat, the partner Richard Mille joined forces with his good friend Dominique Guenat, owner of Guenat SA Montres Valgine, to make his dream comes true. A few months later, the RM 27-02 Tourbillon Rafael Nadal demonstrates the first unibody baseplate. it may be picked daily themed crossword R&P still makes Mille's movements. The watchmaking industry is one such industry that has been very slow to deal with these changes throughout its history. On his wrist sits a fat, gear-stuffed RM 004 split-second chronograph ($310,000). The daughter of Dominique Guenat, the co-founder and co-president of Richard Mille, whose family have lived in the region for 150 years, Ccile was born and raised here. Each year, Baselworld holds the most prestigious jewelry and watch show in the world. En 2014, Guenat S.A - Montres Valgine rachte VMDH (Vital Morel Dcalque Horlogre), un fournisseur historique bas La Chaux-de-Fonds et spcialis dans le dcalque et la dcoration horlogre. woman has hands and feet amputated after covid vaccine. 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To ramp up their identities, Guenat has named the watches after sovereigns ofthe disco era: Gloria (Gaynor); Donna (Summer); Grace (Jones); and Diana (Ross), to name afew. In 1999, he teamed up with Richard Mille to create the "Richard Mille" watch brand. Dabord install dans une ancienne ferme aux Breuleux, lentreprise dmnage dans de nouveaux locaux en 1950. The reality was she owed $15,000, a manageable number. The daughter of Dominique Guenat, theco-founder and co-president of Richard Mille, whose family have lived in the region for 150 years, Ccile was born and raised here. The RM 027 is a limited edition of 50 and weighs about 20 grams, making it the world's lightest mechanical watch. The RM 19-02 Tourbillon Fleur, first automaton watch and flying tourbillon of the brand, is released at the SIHH (Salon International de la Haute Horlogerie). For her latest collection, the 71-02 Tourbillon Automatic Talisman, Guenat hasturned up the volume once again and harnessed all the glitter and glamour of thedisco era and the movements all-night temple that was Studio 54. She wanted to serve the missing middle: people making $50,000 to $70,000 like most of her friends and family. The RM 40-01 Automatic Tourbillon Speedtail is the most extreme watch ever made at Richard Mille matched to a specific hypercar design of the fastest road-going car McLaren has ever built. Can Shell close the valuation gap with US rivals? "I was giving advice that I wasn't following. Each stone gear would be a unique piece, each a different thickness. Who wouldn't want to boast that the aluminum silicon carbide (AlSiC) case for his $349,000 RM 009 proved so tough to cut that it destroyed Mille's drills? 2001: Richard Mille launches his first timepiece, innovating watchmaking and creating a new trend. She was born on November 24, 1968 and her birthplace is France. All that beautiful ingenuity is on full display as the timepiece is skeletonised and constructed from grade 5 titanium. Their meritsWhile it is easy to judge Richard Mille as just another extremely expensive watch brand that isnt all they are. They wanted her financial advice. 10.000g's shock resistant : The RM 27-03 Tourbillon Rafael Nadal results in a new milestone. Bien que professionnelle, la relation entre les deux hommes conduira rapidement une amiti, double d'une passion commune pour lautomobile, l'aronautique et la mcanique. Richest Celebrities Actors Net Worth: $12 Million Salary: $125 Thousand Per Episode Date of Birth: Apr 18, 1967 (55 years old) Place of Birth: Norristown Gender: Female Height: 5 ft 4 in. With this lethargic approach to evolving the industry, it is only natural that when a company enters the market with something completely new that it can either be a massive success or a total flop given customers might not want something new, or they might. The brand's main legal entity - Horometrie SA - was established in 2001 by Richard Mille and Dominique Guenat and headquartered in Les Breuleux, a small village at an elevation of 1,038 metres (3,406 ft) above the sea level in the north-west of Switzerland, in the canton of Jura, not far from the renowned watchmaking centers La Chaux-de-Fonds and Le Locle. Within two years, she was not just broke, but in debt, her car was repossessed, and her house went into foreclosure. "If I wanted a watch like that, I'd much rather buy the real thing at auction than a replica.". richard mille 12 March 2015 The 9 most searched-for watch brand CEOs in 2014. En 1986, Dominique Guenat, troisime gnration de la famille Guenat, entre dans l'entreprise[1]. Looks like we couldnt find what you were searching for A Richard Mille is a lot more than just an expensive watch; its a Racing machine on the wrist - the wrist of someone with a lot of money, that likes their watches. Together with her grandfather, she made a budget to pay off her debt. Her grandfather helped her go through all her bills. 2016 marks the entrance of many new partners : Airbus Corporate Jets (ACJ), Haas F1 and Mclaren F1 Teams, German dressage rider Jessica von Bredow-Werndl and WRC champion Sbastien Ogier. The first Richard Mille boutique opens in Hong Kong. Golfer Bubba Watson and the polo player Pablo Mac Donough join the rank of RM partners. For its last release of2020, Richard Mille upped the stakes with the RM65-01, the most complex timepiece ever from the brand which spent five years working alongside Vaucher Manufacture to perfect the 480-component movement. While they can disregard price as a factor, they cant disregard the complexities of producing timepieces that are so unconventional and ahead of their time. I had all types of people around me who were perhaps not as convinced. In 1999, Mille left Mauboussin, sold his $2 million stake in the company, and, along with financial partner Dominique Guenat, started work on the RM 001. Government policies and increasing population pressure have. June 2, 2022 by by The champagne was on ice at Richard Milles production facilities in Les Breuleux. There are also civilians like Richard Hart, a Toronto surgeon, F1 fanatic, and former amateur wrestling champ (he's still got the barrel chest to prove it). Dominique Guenat joined the Guenat SA - Montres Valgine (GMV) company in 1986 and took to the helm in 1991. . Voir le profil de Dominique GUENAT sur LinkedIn, le plus grand rseau professionnel mondial. We use cookies to ensure you the best experience on our website The first timepiece was the RM 001 Tourbillon. A tennis player needs a wristwatch like a race-car driver needs a, well, wristwatch? Wilkins has an estimated net worth of $14 million, including his salary and properties. He exited Matra for Seiko, where he learned how to sell large numbers of watches. With the RM 001, the brand developed a self-winding movement with a ribbed tonneau-shaped case that showed off the mechanism. At first, her goal was a credit score in the seven hundreds, but now her goal is 850. La dernire modification de cette page a t faite le 18 fvrier 2023 13:43. En 1999, Dominique Guenat s'associe l'industriel Richard Mille pour lancer leur projet d'une nouvelle marque horlogre. Opinions expressed by Forbes Contributors are their own. Having worked for several industry firms, he started his own business in 1998. "He equates it with his airplane or his Bugatti.". The RM 031 High Performance is among the most accurate in the world today with its exceptional performance, less than 30 sec per month of chronometric variation. He has achieved great financial success throughout his business career. In September, Richard Mille introduces the RM 69 Tourbillon Erotic and the RM 26-02 Tourbillon Evil Eye. When the jeweler Boucheron approached him five years ago to make a watch for its 150th anniversary in 2008, Mille told them, "If you want a watch with diamonds on the bezel, you don't need me." The styles are not just boldly feminineand wildly creative, they boast allthe precision and technical bells-and-whistles fans have come to Richard Mille for including an exclusive in-house automatic tourbillon. Consultez le profil complet sur LinkedIn et dcouvrez les relations de Dominique, ainsi que des emplois dans des entreprises similaires. With the presentation of the RM 039 Aviation Chronograph, the brand enters the world of aviation for the first time. With most things in life, we always want what we cant get, and the people who can afford Richard Mille watches arent used to hearing No. ", "For a lot of [Black] people, because they are the first in their family to reach these financial heights, you help your parents, grandparents, and other loved ones," said Broadway. "Richard's watches bring all my passions together," Hart says. https://t.co/zeXYV2VuK6#RichardMille #RM3503 pic.twitter.com/QMjIuaZjo0. Last year, which saw a bloodbath in the luxury goods business, Mille boosted his average price by 20 percent. La marque de montre Valgines est abandonne et la manufacture produit ses propres mouvements complications essentiellement sous des labels privs (Private label). Phew! Je me suis install en 1981. "I decided to do just the opposite. DOMINIQUE is not registered as holding any current appointments. 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