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.
Onwards and upwards for Chopard
In a lengthy interview to Geneva daily Le Temps for the opening of Baselworld 2012, Karl-Friedrich Scheufele, co-president of Chopard, looked back over last year's highlights and ahead to what the future holds for this "fiercely" independent family firm.
Major players snap up specialist suppliers
After the takeover of La Joux-Perret by the Japanese Citizen group, Hermès enters the fray. The Parisian firm, which recently took a 32.5% stake in case manufacturer Joseph Erard, is in negotiations to buy dialmaker Natéber.
