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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
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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
1-vca-zurich
Economy
Richemont thrives on retail therapy

In 2013, the luxury giant opened one new boutique every nine days on average. Sales in its own stores are growing twice as fast as in its network of third-party retailers.

Thursday, 19 June 2014
Quentin Simonet
4 min read
5
ecole-de-reglage-de-la-chaux-de-fonds
Economy
Job prospects are bright in watchmaking

It's a well-known fact: since the late 1990s, for Swiss watchmaking the only way is up. Granted, the sector was dinted by the 2008-2009 crisis, but not for long. Now it's green lights all the way, in particular among the major groups which are proving to be in rude health. As for employment, the sector continues to take on new staff. With so many positive factors, should we be encouraging young people to make a career in one of watchmaking's professions?

Monday, 16 June 2014
Thierry Brandt
3 min read
e-commerce-gr
Economy
Luxury and watches: online at last

It's been a long time coming. Finally the luxury and watch industries have put their reservations aside and are ready to embark on their internet adventure. Though still only a small step, it nonetheless marks a giant leap in mentality. While numerous other industries have embedded the digital revolution into their business model, luxury and watchmaking have been dragged almost kicking and screaming into the online era. But the page has been turned, the race is on, and there is no going back.

Thursday, 12 June 2014
Quentin Simonet
5 min read
S
Economy
Survey in Japan: a liking for luxury watches

Every two years, the FH Centre in Tokyo conducts a survey of watch purchases among several thousand Japanese consumers. Finding: the Japanese are fond of luxury and Swiss watches.

Tuesday, 20 May 2014
Chantal Garbani
3 min read
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Economy
Putting a price on Swiss watches

The rising price of Swiss watches is a major trend of recent years, and one that shows no signs of abating for as long as Swiss-Made continues to shine.

Wednesday, 14 May 2014
Quentin Simonet
5 min read
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Economy
Apply within

The Swiss watch industry is hiring, even though the recruitment rate, like the market's pulse, slowed in 2013. New jobs require increasingly specific skill sets.

Friday, 09 May 2014
Quentin Simonet
3 min read
wandw-geneva-shanghai
Event

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