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.
Feeling the heat
Organised by Watches and Culture, the cultural arm of the Fondation de la Haute Horlogerie, the Watch Forum delivered a message of sustainability. Climate change was one of the topics under discussion.
Journey to sustainability
The watch sector has its share of brands that are taking the lead on sustainable development. IWC and Oris are among them. Both were at the Watch Forum, organised by Watches and Culture, the cultural arm of the Fondation de la Haute Horlogerie, where they spoke about their experience so far, alongside the Swiss Better Gold Association.
Watch & Jewellery Initiative 2030: stronger together
Launched by Cartier and Kering at end 2021, the Watch & Jewellery Initiative 2030 believes that sustainability must be a collective journey. Its founders set out the Initiative’s main principles at the Watch Forum, organised by Watches and Culture.
Sustainability as a business model
Watches and Culture hosted the first Watch Forum on September 13. Themes of transparency, honesty and responsibility emerged from this immensely successful day of debate on sustainability in the watch industry.
Sustainability at the heart of the Watch Forum 2022
The Watch Forum 2022*, which takes place in Geneva on September 13, has sustainable development as its theme. Organised by Watches and Culture, it gives industry professionals a platform to discuss and debate responsible growth.
The IPCC clock says “five to midnight”
A first review of progress made towards the objectives of the Paris Agreement will be conducted in 2023. One of the most important of these goals is to limit global warming to 2 degrees Celsius. Prior to this, the IPCC’s Sixth Assessment Report makes for essential reading. The main takeaways are summarised below.
