The Deloitte Swiss Watch Industry Study 2021 confirms a positive outlook for the sector, though not entirely without risks and challenges such as supply chain disruptions, greenwashing, falling export volumes, a diminishing appeal of Swiss-Made and reliance on China. There is still a lot to think about in a post-pandemic environment.
In partnership with the Responsible Jewellery Council, Cartier and Kering are launching the Watch and Jewellery Initiative 2030. Open to watch and jewellery brands across the globe, it lays down a common core of goals for the climate, natural resources and inclusiveness.
The Swiss watch industry came out of 2018 on a high, catching up exports to post a 6.3% rise at CHF 21.2 billion. However, figures indicate that growth peaked during the first six months and that the current slowdown will continue into 2019.
The latest collaboration between French artist Richard Orlinski and Hublot takes the shape of a Classic Fusion Tourbillon 5-Day Power Reserve, distinguished by its bevelled contours and structured mechanics. Presented in sapphire, King Gold or ceramic.
For the 20th anniversary of the Tourbillon Souverain with remontoir d’égalité, François-Paul Journe presents a vertical tourbillon which maintains the same amplitude, regardless of the watch's position.
After a first series, last September, of limited editions in the Aquaracer and Monaco collections, three new Carrera models are given the carbon treatment.
The Bucherer Blue Editions collection is joined by Roger Dubuis, with two models getting the special blue shade. The Aventador S, in partnership with Lamborghini, has been given a unique Blu Kairos colour.
The outturn for watch industry exports in 2018 was in line with forecasts. The steady pace of growth early in the year saw a decline from the summer onwards, due to a less favourable base effect, but remained positive overall.