With the economy back in business and exports on the rise again, brands are newly inclined to show off their capacity for innovation and imagination. Here are some of the watches from the stream of recent releases.
Xi Jinping’s call for “common prosperity” sent shudders through the stock market. This new policy, which portends a drop in purchasing power for the wealthiest Chinese, pushed down luxury share prices, which includes watch brands. What implications does this have?
The Swiss watch industry continued to record strong growth during the first half of 2012 while maintaining a brisk pace. The excellent results for 2011 have been surpassed with ease and the sector appears to be showing no signs of weakness. The total value of exports by Swiss watch manufacturers amounted to 10.1 billion francs in six months. The ten billion franc mark has therefore been exceeded before the middle of the year, which is a first. This result represents an increase of 16.4% compared to 2011.
First it was the ID One, now it’s the ID Two, a second Cartier concept watch that fundamentally questions the principle of high efficiency. It is a totally innovative piece, in its materials and its technologies, that demonstrates Cartier’s ability to invent the watchmaking of tomorrow.
Guy Sémon started at TAG Heuer four and a half years ago with the brief to build a research and development division from scratch. A mission he has accomplished with remarkable breakthroughs in fine watchmaking, the latest being the MikrotourbillonS.