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?
Investments at de Grisogono - in a production workshop, expanding the sales network and the company's future premises - are on a par with the brand's success. And for its fifteenth anniversary, de Grisogono has other surprises in store.
A manufacturer of watches established in Villeret, Minerva, which joined Montblanc in early 2007, will emerge from renovation to better serve the brand's ambitions in the Fine Watch segment.
An independent watchmaker for 30 years, Antoine Preziuso has always sung to his own tune. His watches are a way for him to continually mark his difference with the rest of the industry. B-Side is the proof.
Richard Mille goes back over the conditions in which his planetary-tellurium came into being. Even if "each piece made him sweat blood and water", the designer smiles a winning smile since his team has achieved a real accomplishment. The final curtain will come down on this era when it is sold this summer.
Since he took over from Baume & Mercier's design studio in 2001, he has been orchestrating all the brand's watch making projects under the initials Phi, a symbol that corresponds to this 40 year old man well, passionate about the philosophy of the Samurais and in search of perfect balance.
A specialist in striking watches, Audemars Piguet has embarked on a research project in collaboration with the Hautes Écoles of French-speaking Switzerland, aimed at recreating the lost sound of turn-of-the-century pieces. The project should come to fruition by 2010.