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News

Articles on the subject: Economy

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
Watches of Switzerland – New York City (SoHo)
Economy
Watches of Switzerland Group thinks big

It's now a case of size matters in the watch industry, both for manufacturers and for retailers. The UK-based Watches of Switzerland Group is an excellent example, as its share price confirms.

Monday, 22 June 2020
4 min read
4
Diamant Chopard 1
Economy
Are diamonds compatible with "new luxury"?

What we consider to be signs of wealth are changing, influenced by concerns of sustainability and ethics. So, what does luxury mean in 2020, and what do arguably the pinnacle of luxury – diamonds - represent today?

Monday, 15 June 2020
Hope Frost
6 min read
Hong-Kong-cover
Economy
Hong Kong, the end of business as usual?

Watchmakers face an increasing number of setbacks in Hong Kong. No longer the number-one export market for Swiss brands, this special administrative region is also at risk of losing its status as a major trade hub.

Monday, 08 June 2020
4 min read
Luxe-et-bourse-cover
Economy
Luxury shares beckon investors

As prices have tumbled from February highs, shares in listed luxury companies have all the charm of an excellent investment opportunity, with the added appeal of a pandemic-proof balance sheet.

Monday, 25 May 2020
4 min read
Ref. 5131/1 World Time in yellow gold with enamel dial from 2009 (CHF 150,000) © Patek Philippe
Economy
Put your money where your watch is?

When financial markets head south, attention shifts to alternative investment opportunities, including timepieces. Is putting your money where your watch is a smart move or a risk?

Monday, 18 May 2020
5 min read
4
Some brands, such as Louis Moinet, have set up television studios at their headquarters to keep the conversation going with retailers and customers.
Economy
How the health crisis is accelerating the digital transition

Every cloud has a silver lining. The disastrous impact of Covid-19 on the economy in general and the watch segment in particular is forcing brands to embrace the virtual world.

Monday, 11 May 2020
5 min read
4
TAG-Heuer-Connected-Modular-45-Golf-Edition_breaker
Trend Forecaster

The evolution of sport watches

Tuesday, 19 November 2019
Written By Cait Bazemore
6 min read
T
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