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News

Articles on the subject: Economy

Chapitre 1 © BA1110D
Economy
The BA1110D solution to watch distribution

In 2018 he launched the Watch Trade Academy based on a new approach to distribution. A year later he set up his own brand to prove its benefits. Now Thomas Baillod is starting to reap what he has sown.

Monday, 21 September 2020
5 min read
3
sustainability_report_2020-2
Economy
Sustainability: Richemont moves up a gear

The latest sustainability report sets out significantly more ambitious goals for the group, for which 2020 is a "turning point".

Monday, 14 September 2020
5 min read
2
Antiquorum - Exhibition at the Hotel de Paris
Economy
Antiquorum: a behind-the-scenes look at an auction house

Antiquorum has a longstanding presence in Geneva and Hong Kong, and recently opened an office in Monaco. A specialist in watches, the auction house recently branched out into jewellery. Romain Réa explains how a sale is put together.

Monday, 07 September 2020
Janine Vuilleumier
4 min read
6
eco-luxe-cover
Economy
Light at the end of the "Covid tunnel" for luxury groups

Half-year results for the main luxury groups show that sales fell by between 25% and 45%. Signs of an upturn are beginning to appear, in particular at points of sale.

Monday, 31 August 2020
4 min read
IWC Schaffhausen manufacturing center © IWX
Economy
At IWC, sustainability is part of strategy

IWC Schaffhausen's recently published sustainability report takes stock of progress towards objectives set two years ago and fixes new goals for 2022.

Monday, 24 August 2020
4 min read
10
Export-suisse-en-Chine-2020
Economy
China: a lifeline for Swiss watch brands?

Eyes are once more on China, the first major economic power to post positive growth and the first market where Swiss watch exports have increased. Is the end of the tunnel in sight?

Monday, 17 August 2020
4 min read
Breitling boutique-bistro concept. Data from The Mercury Project covers – per market – independent retailers, monobrand stores and specialist chains, including online sales.
Economy
The true measure of market temperature

Ex-LVMH Thierry Huron launched The Mercury Project in 2016 to provide business intelligence for the watch and jewellery industry. This includes a sell-out index for nine markets - a more reliable indicator than export figures.

Monday, 06 July 2020
4 min read
4
Fairmined Gold Foundry
Economy
Switzerland bottom of the class for gold due diligence

In a report published on June 23, the Swiss Federal Audit Office calls attention to the inadequate control of imports of gold into the country. The current system is not equipped to prevent illegal gold from entering Switzerland, where the majority of the world's gold is refined.

Monday, 29 June 2020
5 min read
2
04_IWC_Galapagos_Mood
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