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.
Breitling reinterprets the pure and original spirit of its Transocean collection in a refined model featuring a twin-aperture calendar and small seconds. A new classic for all wrists.
As connected watches arrive in droves on the market, Swiss watchmaking continues to lay the groundwork for future conquests, with one major "practical" consideration: movement production. Mechanical, of course.
While major players such as Swatch (Blancpain, Breguet, Harry Winston…), Richemont (Cartier, Jaeger-LeCoultre, Piaget...), LVMH (Hublot, TAG Heuer, Zenith...) or Kering (Gucci, Girard-Perregaux, Ulysse Nardin…) dispose of sufficient production capacity to cover the majority of their requirements for mechanical movements, this hasn't prevented them, and every other Fine Watch firm, from courting smaller, specialised structures for complicated calibres.
Three years ago in these same columns (Revue FH) we reported on efforts by officers of the Guardia di Finanza to curb counterfeiting in Tuscany. The region of Florence is well known beyond Italy’s borders for its rich manufacturing heritage, handed down from the Middle Ages.
Twelve billion dollars. This is, we are officially told, the amount achieved by global art sales in 2013. A figure which experts assure us has never been reached for as long as a carefully controlled art market has existed.