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Articles on the subject: Economy

Officine Panerai Piccolo Due Madreperla with alligator strap
Economy
Luxury, biodiversity and the sixth mass extinction

At five points in the past 500 million years, life on Earth was almost completely wiped out. We are now on the brink of a sixth mass extinction, and we are the cause. Can humans right their wrongs? The luxury industry must lead by example.

Thursday, 27 January 2022
8 min read
4
Patek Philippe Nautilus ref. 5711 1A-018 Tiffany Blue® lacquer dial (2)
Economy
Investors see opportunity in the watch sector

An influx of capital ends a year marked by a boom in sales at auction and on the pre-owned market as watches take on a new role as investment products.

Monday, 20 December 2021
5 min read
Bernard Arnault, CEO LVMH
Economy
The Arnault family steps up at TAG Heuer

The recent resignation of Jean-Claude Biver from the helm of LVMH's Watch division has prompted the appointment of Frédéric Arnault as strategy and digital director at TAG Heuer. He is the fourth of Bernard Arnault's children to take up a senior position within the group.

Monday, 08 October 2018
4 min read
Valeurs-du-luxe-cover
Economy
Today's luxury buyer wants it all

In a recent study, the Boston Consulting Group and the Centre du luxe et de la création set out the directions luxury must take if it is to go on meeting customers' expectations. They include ethical and environmental responsibility, personalisation, unique purchasing experiences and prices that reflect the perceived value of the product.

Monday, 01 October 2018
5 min read
Fairmined Gold
Economy
The long road to an ethical gold standard

Chopard has kept its promise. Since July, the brand uses only gold from ethical sources. But at just 5% of global watch and jewellery production, sustainable gold is still as rare as the initiatives aimed at making responsibly-sourced gold the norm in the luxury industry.

Monday, 24 September 2018
4 min read
12
Audemars-Piguet-Golf-2018-Orlando-Dream-Team
Economy
Why golf suits watch brands to a tee

Golf has plenty to appeal to watchmakers, from its affluent audience to the performance and precision inherent to the game, and the technical challenges this sport represents. The hard part is finding a spot on the greens, which are dominated by a quintet of brands.

Monday, 17 September 2018
7 min read
6
Richmont Headquarters in Bellevue © Richemont
Economy
Richemont retools for the future

Steered by chairman and main shareholder Johann Rupert, Richemont is radically and rapidly transforming, with changes on the board of directors, inventory buyback, omnichannel distribution, and a new approach to luxury. A round-up of recent developments as the group announces five-month results at its annual general meeting.

Monday, 10 September 2018
7 min read
3
eco-luxe-cover
Economy
An excellent first half for luxury brands

The year has got off to a resounding start for publicly-traded luxury companies, with double-digit growth and a strong outlook for the full twelve months. For watch companies, it's a similarly rosy picture.

Monday, 03 September 2018
3 min read
2
wandw-geneva-shanghai
Event

All about Watches and Wonders

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