Officine Panerai was founded in Florence in 1860 by Giovanni Panerai and began as a watch shop and workshop for precision instruments. The brand became famous for its robust diving watches, specially developed for the Italian Navy, and known for their distinctive design with large cases and luminous dials. Models such as the Radiomir and Luminor still stand for functionality and recognition today. Since the 1990s, Panerai has developed into an internationally sought-after luxury brand, combining Italian design with Swiss watchmaking.