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.
Watchmaking's Latin American Oscars
All work and no play will make anyone a dull boy, so why not offer the art of time measurement a festive evening, and elect the year's oustanding watches at the same time? Such is the thinking behind the Tiempo de Relojes awards ceremony, part of the Salón Internacional Alta Relojería (SIAR) in Mexico City. Swatch's Sistem51, Cartier and Girard-Perregaux were the evening's big winners.
"The wilder it is, the more they like it"
The fifth Only Watch charity auction will take place on 28 September in Monaco. Thirty-three brands have donated a watch to compose what Etienne Leménager, Director of Antiquorum Geneva, considers to be a fine selection.
Jewellery sales set to sparkle
Jewellery looks destined to steal the limelight from watches as luxury's passport to growth, evidenced by the recent acquisition of Harry Winston by Swatch Group, and of the Italian jeweller Pomellato by Kering.
