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.
Precision is surely the never-ending quest in watchmaking. With the arrival of quartz, some thought that the race was won. Since a group of Swiss researchers designed and then developed the first electronic watch movement in the sixties, the Holy Grail seemed within arms reach.
The world's second-largest luxury group moves ahead with its project to separate its tobacco interests from its luxury business, which will have its head office in Switzerland.
As the recent Intellectual Property Day at Geneva University's School of Law clearly spelled out, counterfeiting is a global scourge and the weapons with which to fight it still lack bite. The last in a three-part file.
PPR has taken a 23% stake to become a minority shareholder in the Sowind Group, owner of the Girard-Perregaux and JeanRichard brands. Luigi Macaluso, Chairman and CEO of Sowind, talks about the transaction that was announced in June.
The brand, which recently moved into new production facilities in Meyrin, just outside Geneva, is celebrating its fifth anniversary this year with five new models, each in the image of a company that is intent on going its own way.
Step over the threshold at Manufacture Janvier in Sainte-Croix and you immediately understand that this is a temple to watchmaking in the most traditional sense, although not without some concessions to modern technology.