Founded in 1875 and remaining in the hands of its founding family, Audemars Piguet is famous for developing highly fashionable luxury timepieces. Widely regarded as one of the most prestigious brands in the world, the company is especially well known for creating the Royal Oak, which has emerged as Audemars Piguet's flagship model. When it was introduced in 1972, it was the world's first luxury timepiece to be constructed from stainless steel, marking a significant development in the art of watch-making. AP has been at the forefront of innovation for almost the entire duration of its history, introducing a number of world firsts across the decades.