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.
How are luxury watch brands seducing millennials? (part two)
In 2017, the main growth engine of the luxury market was a generational shift, with 85% of luxury growth in that year fuelled by Generation Y & Z (Bain & Co). With the millennial mindset reportedly so different from generations before, are luxury watch brands doing enough to seduce these new luxury consumers?
How are luxury watch brands seducing millennials? (part one)
In 2017, the main growth engine of the luxury market was a generational shift, with 85% of luxury growth in that year fuelled by Generation Y & Z (Bain & Co). With the millennial mindset reportedly so different from generations before, are luxury watch brands doing enough to seduce these new luxury consumers?
Audemars Piguet lays the first stone for its Hôtel des Horlogers
Adjacent to the company's Manufacture in Le Brassus, the hotel joins the new Audemars Piguet museum, already under construction, and will have a capacity of 50 rooms.
The return of the Radiomir
Presenting the Radiomir Logo 3 Days Acciaio – 45mm and the Radiomir Black Seal Logo 3 Days Acciaio – 45mm: two new versions of the first ever watch from Panerai. Both are driven by the in-house manual-wind P6000 movement which delivers three days of power reserve.
Is Chanel the world's number-one luxury brand?
Chanel took the financial community by surprise when it published its annual results. Firstly, for such a show of transparency from an unlisted company and secondly for the quality of the numbers that put the French firm at the top of the luxury pyramid.
How the digital revolution will impact watchmaking jobs
As Industry 4.0 continues to develop, new professions will appear but there will still be a place for rare crafts. Businesses will have to take lucid decisions about where to make cuts in the workforce.
