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.
Auctions in China are still very much a Chinese affair!
After setting up Antiquorum 36 years ago, and more recently Patrizzi & Co Auctioneers with a unique concept of zero buyer's commission, Osvaldo Patrizzi, who is internationally acknowledged as a foremost expert in antique timepieces, has set himself a new challenge: China.
"My grandfather planned every aspect of his succession"
Already CEO of Blancpain, Marc Hayek, grandson of the Swatch Group's founder Nicolas G. Hayek, has taken the helm of Breguet and Jaquet Droz. Interview.
Piaget aims for "the most universal watches possible"
For over a year, Piaget has progressed to the point that deliveries are again finding it hard to keep pace with demand. The brand owes its success to a positioning that reflects its values as a jeweller and watchmaker, renowned for its classic yet contemporary elegance.
Venezuela: a labyrinth for brands
They're mad about mechanical watches, the more complications the better. They're enthusiastic collectors and buy more timepieces than the average for Latin America. Meanwhile, President Hugo Chávez leads a constant battle against the luxury industry. Have Venezuelans lost their mind?
"A highly satisfactory reversal in trends"
Jean-Daniel Pasche, President of the Federation of the Swiss Watch Industry, comments on recent export figures for the branch.
