A year of the rabbit for watch brands?
China, which weighed on watch exports at end 2022, will be the key to activity in 2023, a year that opens with mixed prospects. Will China’s impact on luxury sales be as great as in 2021?
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What next for the pre-owned market?
Once dismissed as a hang-out for unscrupulous traders touting fakes, in little more than a decade the pre-owned watch market has grown to remarkable proportions and is expected to surpass sales of new watches. Consultancy firm LuxeConsult predicts this reversal in roles for 2033.
A bridge for two Foundations
The Fondation de la Haute Horlogerie and the Michelangelo Foundation for Creativity and Craftsmanship are moving to the historic Pont de la Machine building in Geneva. The two foundations will leave Meyrin and Bellevue respectively for their new home in the heart of the city.
The Arnault family steps up at TAG Heuer
The recent resignation of Jean-Claude Biver from the helm of LVMH's Watch division has prompted the appointment of Frédéric Arnault as strategy and digital director at TAG Heuer. He is the fourth of Bernard Arnault's children to take up a senior position within the group.
Today's luxury buyer wants it all
In a recent study, the Boston Consulting Group and the Centre du luxe et de la création set out the directions luxury must take if it is to go on meeting customers' expectations. They include ethical and environmental responsibility, personalisation, unique purchasing experiences and prices that reflect the perceived value of the product.
The long road to an ethical gold standard
Chopard has kept its promise. Since July, the brand uses only gold from ethical sources. But at just 5% of global watch and jewellery production, sustainable gold is still as rare as the initiatives aimed at making responsibly-sourced gold the norm in the luxury industry.
Max Büsser, a worthy winner of the 2018 Prix Gaïa
One of the three winners of the 2018 Prix Gaïa, Maximilian Büsser has been singled out in the Entrepreneurship category for his "creative approach to watchmaking". We couldn't agree more.
How to give a watch emotional appeal
Transforming a piece of cold mechanics into a desirable object is an increasingly sophisticated art that calls on advanced technologies and innovative strategies. The Société Suisse de Chronométrie's recent symposium offered a number of interesting examples of what can be done.
