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News

Articles on the subject: Economy

Man-in-black-with-watch
Economy
Luxury keeps on growing

Fortune continues to smile on luxury companies in 2019, despite a volatile environment. Among them, Richemont is proving its "resilience" to geopolitical tensions.

Monday, 18 November 2019
3 min read
Tiffany
Economy
After LVMH, will others bid for Tiffany?

At $120 per share or €14.5 billion, LVMH's offer for Tiffany was judged too low. Now the battle is on between luxury mastodons, which includes Richemont and Kering, to take control of the storied American jeweller.

Monday, 11 November 2019
4 min read
Superocean Outerknown and Outerknown Econyl Nato Strap collection © Breitling
Economy
Still waiting for sustainable watches

Despite all the talk about sustainability and ethical production, environmentally and socially responsible products are still more theory than practice.

Monday, 04 November 2019
3 min read
9
Hong-Kong-cover
Economy
Luxury under threat in Hong Kong

With protesters more determined than ever after four months of unrest, Hong Kong is struggling to maintain its status as a world capital of luxury. Economic recession in the special administrative region spells bad news for watch brands as shipments to this main export market have fallen by 6% since the start of the year.

Monday, 28 October 2019
4 min read
China Customs
Economy
The high price of evading import duty in China

Three months ago, Patek Philippe and Vacheron Constantin were two of the hottest searches on Weibo: not for their watches, but because of customers' attempts to avoid import duty.

Monday, 21 October 2019
Shining Zhu
4 min read
5
Submersible Carbotech © Panerai
Economy
Why sell more watches?

For certain brands, growth isn't about selling more but selling better. Audemars Piguet was first to put a limit on production, successfully so. Now Roger Dubuis and Panerai are following suit.

Monday, 16 September 2019
3 min read
6
Gallery-Lounge, Geneva © Bucherer
Economy
Bucherer intends to "revolutionise" the pre-owned market

Bucherer's newly-opened Gallery in Geneva is entirely focused on pre-owned watches. As well as buying and selling, this lounge space will host events aimed at renewing the purchasing experience for a new generation of watch enthusiasts, through a concept Bucherer plans to roll out to other locations.

Monday, 09 September 2019
5 min read
7
Showcase for Hublot Fusion © Dietlin
Economy
Technology on display

Dietlin Swiss Showcases has made its name in the luxury segment thanks to its revolutionary display cases. The 165-year-old company, which employs 15 people, is bringing the staid world of watch distribution into the twenty-first century – at last!

Thursday, 05 September 2019
4 min read
9
Shepard Fairey, Hublot's Ambassador, and his Big Bang Meca-10 Shepard Fairey Limited Edition
Trend Forecaster

Art and watchmaking, a strategic alliance

Monday, 30 September 2019
Written By Christophe Roulet
6 min read
A
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