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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.
If there is one trend to have emerged from this year's new releases, it is mechanical watches for women. After having had their pick of diamond-encrusted quartz, women can now enjoy watchmaking's mechanical delights.
In which the watch industry finally answers the question: “What do women want?
No longer the poor cousin of the grande complication, the high jewelry watch is taking the spotlight as the luxury timepiece of note.
Christie's and Sotheby's have ended their spring season in New York, where Christie's sent waves through the collecting community with a Grande Complication by Patek Philippe that rewrites the Manufacture's history. It fetched USD 2.25 million.
The Société Suisse de Chronométrie chose "Environmental Performance and the Watch Industry" as the theme for its latest working breakfast. A highly topical subject, illustrated by Audemars Piguet.
In the past, brands have struggled to find the right voice when showcasing their women's watches. The welcome news is that while red-carpet glamour is as important as ever, the message is now more carefully honed.
