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News

The post-pandemic Swiss watch industry
Economy
The post-pandemic Swiss watch industry

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.

Thursday, 21 October 2021
6 min read
Sixième Sens par Cartier - collier Meride
Economy
Cartier-Kering sustainability alliance

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.

Thursday, 14 October 2021
4 min read
4
Senator automatic Day/Date © Glashütte
Economy
Psst! Wanna buy a watch?

Instead of discounting, watch brands have responded to the crisis with lower-priced collections with a high value ratio.

Monday, 21 September 2009
4 min read
5
On the international level, the Responsible Jewellery Council (RJC) brings together business and stakeholders across the diamond and gold jewellery supply chain to promote good environmental and social practices © CRJP
Economy
What are the alternatives?

There are several possible lines of action to reduce the negative environmental impact of extracting precious materials. One solution would be for buyers to form a pressure group and request that producers provide guarantees. In 2008, the Swiss watch industry used 36 tonnes of gold or 1% of global consumption. This could be enough to put pressure on the market.

Monday, 21 September 2009
Sven Aubert, Théodore Besson, Suren Erkman
2 min read
3
Leonardo DiCaprio and TAG Heuer joined forces to support NRDC and Green Cross International © TAG Heuer
Economy
The future

The current economic crisis clearly implies spending cuts in non-essential or secondary sectors. Regrettably, the environment is often considered as such. However, not every Fine Watch brand is feeling the effects of recession to the same degree. In this context, a company could be well-advised to manage its environmental impact, given the repercussions this can have on its image. Unauthorised constructions, accidental pollution due to non-respect of safety regulations or the increased number of commuters in the Arc Jurassien regions are all detrimental to a company’s reputation. Note too that proper environmental management also saves money through optimised use of resources and routine recycling.

Monday, 21 September 2009
Sven Aubert, Théodore Besson, Suren Erkman
1 min read
3
97_01
Point of View
22, PLACE VENDÔME or permanent creation

Bringing together the watchmaking tradition and the excellence of the jeweler’s savoir-faire, Van Cleef & Arpels creates exceptional timepieces. The Poetry of Time pays tribute to these creations through photographs signed by Guy Lucas de Pesloüan.

Sunday, 20 September 2009
Dominique Frétard
15 min read
One of Walter’s most spectacular clocks the (D)W5, an emulation of Dr. Philip Woodward’s tour de force, the W5 © David Walter
Point of View
David Walter Clocks: In Resonance

In the age of the wristwatch, many scoff at the mechanical clock and don’t deign to consider owning one. Such snobbery would be a mistake, particularly because you would miss the chance to relish the mechanical artistry performed by David Walter.

Tuesday, 14 July 2009
Meehna Goldsmith
5 min read
3
fhhmag_slideshow_002093-001
Economy
South America, a small but steady portion of the Haute Horlogerie market

Brazil, Venezuela, Colombia, Chile, Argentina… the Latin American countries did suffer from the global crisis that affects the world economy. But they still represent interesting markets for the Haute Horlogerie brands.

Tuesday, 14 July 2009
Rafael Sabat
5 min read
wandw-geneva-shanghai
Event

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