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.
The Hong Kong Watch and Clock Fair (HKW&CF) assembles the largest number of watch, clock, parts and industry exhibitors of any timepiece fair in the world. It is held in the Hong Kong Convention and Exhibition Centre which looks out directly onto Hong Kong's beautiful Victoria Harbour, one of the world's most impressive natural waterways. The fair is run by the Hong Kong Trade Development Council (HKTDC) which organised about 80 overseas buying missions to the fair, along with 30 special activities ranging from watch-fashion shows and product launches to seminars and networking receptions.
The years go by but the challenge stays the same… if not greater. How to provide quality after-sales service when the number of mechanical watches on wrists around the world continues to grow?
After a missed opportunity in eventful circumstances in 2008, the Breguet Museum in Paris finally took home the Breguet N° 4691 pocket watch for CHF 1,025,000. In addition, Emmanuel Breguet, director of Breguet France and at the head of Swatch Group's heritage, acquired a further four important lots.
On November 16th, Auctioneers Dr. Crott will propose a longitude clock attributed to Christiaan Huygens, the inventor of the balance spring. It is the only one of its kind and the oldest to include an equation of time.
Not confined to philosophy and literature, the paradox has always been a part of the real world, and all the more so since the winds of globalisation have blown. Naturally, we've felt these winds too, even though Switzerland seems the least likely place to experience paradox. After all, this is a country where people go about their business in a methodical, organised manner. It's no coincidence that Switzerland is the home of superlative watchmaking. A place where time has always been counted by hours and minutes, the phases of the sun and moon. The Swiss can bring order to anything, even complications…