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?
Even with the global economy in the grip of a slowdown, watchmaking is still struggling to recruit in certain specialist fields. The Centre de Formation dans le domaine de l’Horlogerie, set up by two professionals in the sector, aims to bridge this gap.
Just as brands are developing new systems to authenticate their watches, so counterfeiters are stepping up a gear too.
The Americans, in the grip of recession, are reluctant to buy or even flaunt a high-end timepiece, causing sales of Swiss-Made watches to plummet.
Like climate change, a global threat whose effects can already be felt, counterfeiting has consequences on a worldwide scale. Marc Frisanco, a specialist with the Richemont group, talks about the measures that must be taken.