The prize, which includes a cash endowment, will be awarded annually to a graduate of the Master of Advanced Studies in Design for Luxury & Craftsmanship programme. The first winner is Clara Martin for "The Authority of Black".
Heure H is adorned with an interchangeable double tour strap featuring a perforated decoration in apricot, vermilion, black or etoupe colours.
Who will be hit by the crisis as it sets in? Will it be long-term or short-lived? These are the questions currently haunting watch companies, in particular those whose mid-range positioning leaves them more exposed on export markets, as figures from the Federation of the Swiss Watch Industry show.
Chopard signifies the production of 75,000 pieces of jewellery and 75,000 watches each year; Chopard also means 700 people in Geneva, 130 at Fleurier's manufacturing plant and 1,750 across the world. The company, which today lays claim to full integration of all the watchmaking trades, has joined the Fondation de la Haute Horlogerie (FHH). Here is an interview with Chopard's co-president, Karl-Friedrich Scheufele. Interview by Christophe Roulet
Early November, the FHH is inviting CEOs of Fine Watch brands to its first think-tank and forum on the theme "the changing business of time." The forum sets out to define what will inevitably be the new contours of the luxury industry.
Since the crisis triggered by the advent of the quartz watch in the 1970s, training new watchmakers was no longer a priority. Now the industry is seeking staff with the same urgency as jobs were cut back then. IWC in Schaffhausen, though, has never stopped training watchmakers.