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Articles on the subject: Economy

China Customs
The high price of evading import duty in China

Three months ago, Patek Philippe and Vacheron Constantin were two of the hottest searches on Weibo: not for their watches, but because of customers' attempts to avoid import duty.

Monday, 21 October 2019
Shining Zhu
4 min read
Submersible Carbotech © Panerai
Why sell more watches?

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.

Monday, 16 September 2019
3 min read
An eagle and Gérard Depardieu are Cvstos' passport for Russia

Cvstos saw out 2014 in Moscow, in the company of Gérard Depardieu, for the official presentation of its "Proud to be Russian" watch. The brand hopes to sell between three and four hundred of this new model, which is reserved for the Russian market, over the next five months.

Monday, 05 January 2015
Jean-Didier Revoin
4 min read
Swiss watchmaking in November 2014

Illustrating a tighter situation on some markets, watch exports saw their value fall by 4.4% compared to November 2013. They attained a level of 2.1 billion francs. Part of the decline can be attributed to the number of working days, though this cannot conceal the less favourable environment in which the sector finds itself.

Friday, 19 December 2014
Press Release
2 min read
A mixed bag for 2014 results

Even as Swiss watchmaking stands poised for another record year in 2014, with exports reaching CHF 22 billion, the mood is no longer quite so buoyant. Growth for the year is expected to be in the region of 3% versus 2% in 2013.

Tuesday, 16 December 2014
3 min read
Mexico closer to God

With new president Enrique Peña Nieto, Mexico has renewed faith thanks to an ambitious programme of reforms intended to establish the country as a foremost economic power. For the time being though, results – like watch sales – are playing hard to get.

Tuesday, 25 November 2014
Manuel Palos
4 min read
Swiss watchmaking in October 2014: very high levels

October was a very good month for the Swiss watch industry. Exports attained their highest monthly level with a value of 2.3 billion francs. This represents an increase of 5.2% compared to October 2013. Since the start of the year, the sector has recorded growth of 3.1%, to 18.4 billion francs.

Thursday, 20 November 2014
Press Release
1 min read
What’s next

The 6th Forum de la Haute Horlogerie considered the future that awaits us, and how we should approach it if we are to go the distance. At the heart of discussions were the wrist-worn technologies to which we have become slaves.

Tuesday, 18 November 2014
4 min read
Shepard Fairey, Hublot's Ambassador, and his Big Bang Meca-10 Shepard Fairey Limited Edition
Trend Forecaster

Art and watchmaking, a strategic alliance

Monday, 30 September 2019
Written By Christophe Roulet
6 min read
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