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.
Articles on the subject: Economy
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.
The Japanese market, with its codes, rituals and demands, remains a case apart in Asia. A booming economy until the 1990s, it is now returning to the spotlight, particularly where luxury is concerned. For watch brands, Japan is already emerging as the year's fastest-growing market.
Anonimo and Vulcain have a proud history; they've also been through some hard times, despite offering original and affordable watches. Both are in the hands of the same Luxembourg-based investor, who has put them in the care of Aldo Magada.
What is customer experience, where and how does it happen, and what role do communities play? Marie Taillard, L’Oréal Professor of Creativity Marketing at ESCP business school, shares her insight.
The latest McKinsey report on China paints a picture of young luxury consumers leading digital lives but still traditional in their purchasing habits. As the generation that will be making half of global luxury purchases in a very near future, best listen to what they have to say.
While Swiss watch exports to France are hampered by "yellow vest" protests, it's a very different picture in the United Kingdom where brands are building stocks ahead of the country's departure from the EU.
In its latest report on the 100 largest luxury goods companies globally, Deloitte consultancy firm discusses the factors that will secure future growth – and these no longer include history and heritage.