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?
Over the course of a century, Tourneau has imposed itself as undisputed leader in the distribution of Swiss-made timepieces. The company recently changed owners, and now seeks to step up its growth.
In its war against counterfeits, the jeweller has accused the auction site of benefiting from illegal transactions. The stakes are high, especially as eBay is facing other lawsuits outside the United States.
That the profession should be plagued by bottlenecks in production is no surprise, as Swiss watch exports grew 16.2% in 2007 to almost CHF 16 billion, a first in 18 years. Once again prestige watches have performed exceptionally well.
Having spent 20 years as a Technical Director with some of the leading names in watchmaking, Mathias Buttet sought to implement an original form of business organization at BNB Concept, the complicated movements company in which he holds a majority stake. Result: respect, training, and accountability at every step.
March 5th, 2008 will be a red letter day in the watch sector when Nicolas G. Hayek in person presents the first 45 successful candidates with their Watch Sales Consultant Federal Certificate. With this certificate, the Swiss watch industry shows its ability to train its sales staff to a high standard.