A year of the rabbit for watch brands?
China, which weighed on watch exports at end 2022, will be the key to activity in 2023, a year that opens with mixed prospects. Will China’s impact on luxury sales be as great as in 2021?
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What next for the pre-owned market?
Once dismissed as a hang-out for unscrupulous traders touting fakes, in little more than a decade the pre-owned watch market has grown to remarkable proportions and is expected to surpass sales of new watches. Consultancy firm LuxeConsult predicts this reversal in roles for 2033.
In their element
As the days grow warmer and thoughts turn to ocean peregrinations, now is the time to decide which dive watch will join us on the waterfront with a pick of the models on offer this year.
Paris, and beyond
Through a series of "cultural and social" initiatives, culture being the driving force of society, numerous Swiss watch Manufactures have made significant investments in and around Paris, thanks to which countless treasures have been restored to their original splendour.
Rolex's 3Cs: confidence, continuity, consistency
Much to everyone's surprise, Rolex has come out of its silence. The Geneva-based firm, which generally keeps a low profile, is still sparing with detail but in his first ever interview, Bertrand Gros nonetheless lifts a corner of the veil that shrouds the business. One way to keep the legend alive.
Châtelain, the master of high-tech ceramic
Despite its low profile, the company is one of the most important suppliers of external parts to Swiss watchmakers. Since 1993 it has been wholly owned by Chanel, for which it manufactures and repairs every model of watch. Which doesn't prevent it from working for a dozen other clients. "It" is Châtelain, a business located in Le Crêt-du-Locle, in the canton of Neuchâtel, whose specialisations include high-tech ceramic.
Richemont thrives on retail therapy
In 2013, the luxury giant opened one new boutique every nine days on average. Sales in its own stores are growing twice as fast as in its network of third-party retailers.
Job prospects are bright in watchmaking
It's a well-known fact: since the late 1990s, for Swiss watchmaking the only way is up. Granted, the sector was dinted by the 2008-2009 crisis, but not for long. Now it's green lights all the way, in particular among the major groups which are proving to be in rude health. As for employment, the sector continues to take on new staff. With so many positive factors, should we be encouraging young people to make a career in one of watchmaking's professions?
