The Excalibur Twofold is a perfect illustration of Roger Dubuis' know-how that shines even brighter in the dark. This new watch features three world-firsts.
The relationship between man and watch is as nuanced as the one between man and dog. Introducing man's new best friend, Horological Machine N°10 ‘Bulldog’.
Despite three fewer working days, April saw watch industry exports reach a figure of 1.5 billion francs. At -5.7%, the contraction was less severe than expected. The trend therefore remains close to the figure posted at the end of March. For the first four months of the year, the variation is -3.6%.
The main luxury groups have reported a significant rise in revenue for the year's first quarter. Signs of a similar upturn in the watch segment suggest the industry could be back in the black for 2017.
Masters in the art of paillonné enamel, the craftsmen at Jaquet Droz have deployed a wealth of expertise to give life to six new watches whose dials are ablaze with gold spangles on Grand Feu enamel.
More readily associated with highly complicated mechanisms, the Toric collection also knows how to embrace the essentials of time with this version, based on the very first watch created by Michel Parmigiani. Hours, minutes, seconds and date, in all simplicity.
For Audemars Piguet CEO François-Henry Bennahmias, it's a simple equation. Each year, some 600,000 luxury watches are produced for a global market of 30 to 40 million people. Until the figures balance, Swiss watchmaking can look forward to some great years… provided it knows how.
With a 46% decline in net profit in 2016, Richemont is also grappling with the world economic crisis. A look at results.