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.
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.
One of Hollywood's most bankable actresses, Anne Hathaway is capable of playing any role. For her, a watch is more than just an accessory.
In 2016, Hublot introduced the Classic Fusion Berluti line, in collaboration with the renowned shoemaker whose famous Venezia leather is now found on the Classic Fusion Chronograph Berluti, with a choice of two finishes.
An ingenious system of 12 rotating cubes in an iconoclastic time display meets a central flying tourbillon with a V-shaped bridge. The Escale Spin Time Tourbillon Central Blue is already turning heads…