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News

Articles on the subject: Economy

Code Coco © Chanel
Economy
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.

Monday, 09 July 2018
4 min read
8
The new Omega factory in Biel
Economy
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.

Monday, 02 July 2018
Fanny Nicolet
5 min read
2
Automated storage area of the new Omega factory in Biel
Economy
Smart data is the key to customization

Watch brands are using smart data to give the market exactly what it wants. Customization is one of the services to benefit from this.

Monday, 25 June 2018
Fanny Nicolet
4 min read
10
Economy
Richemont enters the second-hand watch market

Having acquired Watchfinder, a UK-based platform for buying and selling pre-owned watches, Richemont is the first big name to enter the increasingly coveted and fast-growing market for second-hand timepieces.

Monday, 18 June 2018
5 min read
Diego Maradona
Economy
LVMH has football cornered

On the eve of the 2018 FIFA World Cup, it's clear that two brands – TAG Heuer and Hublot, both LVMH - have swept the board in football. Behind this winning strategy is the one and only Jean-Claude Biver, President of the luxury number one's watch division.

Monday, 11 June 2018
5 min read
6
Economy
Luxury is back – ask investors!

Mirroring the 11% gain registered by Swiss watch exports over the first four months of the year, share prices in the luxury segment have climbed, reaching new highs in May.

Monday, 04 June 2018
4 min read
Economy
Have millennials fallen out of love with business?

Deloitte's latest Millennial Survey leaves little room for doubt. Uneasy about the growth of Industry 4.0 and its attendant technologies, millennials see business as focusing too much on the bottom line and not enough on society and the environment. What are the main takeaways of this year's report?

Monday, 28 May 2018
3 min read
1
Executive Skeleton Tourbillon Hyperspace © Ulysse Nardin
Economy
Ulysse Nardin brings the Executive Skeleton Tourbillon Hyperspace in to land

Ulysse Nardin chose the Cannes Film Festival to launch a Hyperspace version of its Executive Skeleton Tourbillon. A Star Wars spacecraft provided the inspiration. Miniature painting and high mechanics are in command.

Friday, 25 May 2018
The FHH Journal editors
1 min read
4
Trend Forecaster

The top ten ladies’ watches for summer

Friday, 22 June 2018
5 min read
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