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News

Articles on the subject: Economy

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
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La quasi-totalité des 4'200 engagements dans l’horlogeriAlmost all of the 4,200 engagements in Swiss watchmaking in the past two years have been in the high-end segment.
Economy
Is this the end of Swiss entry-level watches?

Recently published statistics reveal a curious state of affairs: volume sales of Swiss watches are falling, but value and employment are increasing. In other words, the higher the price, the better the business.

Monday, 03 February 2020
3 min read
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Richmont Headquarters in Bellevue © Richemont
Economy
Richemont sails into 2020

During the crucial end-of-year period, Richemont increased sales by 6%. This is excellent news for the group, which has more than made up for the headwinds in Hong Kong that are buffeting every segment of the luxury market.

Monday, 27 January 2020
3 min read
LVMH-rachat
Economy
LVMH aims to tighten its hold on the jewellery market

At a special meeting this February 4th, stockholders of Tiffany & Co will vote on the merger agreement with LVMH for $16.2 billion. With Bulgari and Tiffany under its belt, the French luxury giant is intent on dominating the global jewellery market.

Monday, 20 January 2020
4 min read
Horoscope-horloger-2020-cover
Economy
Is it all change for the Swiss watch industry in 2020?

An ongoing drop in volume exports, an inexplicable intervention by the competition watchdog, problems in Hong Kong, individual exhibition strategies... the face of the Swiss watch industry is changing in 2020.

Monday, 06 January 2020
4 min read
année-2019-cover
Economy
The watch market polarises in 2019

The gap continues to widen between luxury watches and entry-level, resulting in a slight increase in total export value alongside a drastic decline in volume. Suppliers suffer as the sector becomes increasingly consolidated.

Monday, 16 December 2019
4 min read
Brexit-cover
Economy
How Brexit is impacting watch sales

Concerns over trade in a post-Brexit Britain haven't prevented the UK market from performing well these past months, aided by sterling's weakness. As the country heads towards its latest deadline, watch brands are making sure they are prepared for every outcome, including a no-deal scenario.

Monday, 09 December 2019
Fanny Nicolet
3 min read
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
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