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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
antonio-calce
Economy
Old dogs, new tricks

Under pressure from less accommodating markets, several watch brands have shuffled the decks and switched CEOs, although the new arrivals are all familiar faces. A game of musical chairs intended to minimise risks.

Monday, 16 March 2015
3 min read
5
H
Economy
Happy but not elated

Latest statistics for the branch, together with annual results for Swatch Group and Richemont's nine-month figures, leave no doubt. The Swiss watch industry is cooling off. Records are still being set, but the mood is more subdued.

Monday, 16 February 2015
3 min read
S
Economy
Swiss watch exports in 2014

The year 2014 came to a close in a more difficult context for the Swiss watch industry, however exports by the sector continued to grow. The annual result recorded a total value of 22.2 billion francs, corresponding to an increase of 1.9% compared to 2013. As in 2013, which recorded exactly the same rate of growth, 2014 will have been a year of consolidation at a high level. Mention must be made however of the negative trend observed in November and December, linked to the autumn events in Hong Kong and the decline of the Chinese market.

Tuesday, 03 February 2015
Press Release
3 min read
A
Economy
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
enrique-pena-nieto
Economy
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
6
6e-forum-de-la-hh-1-garelli
Economy
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
7
wandw-geneva-shanghai
Event

All about Watches and Wonders

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