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News

Articles on the subject: Economy

Submersible Carbotech © Panerai
Economy
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
6
Gallery-Lounge, Geneva © Bucherer
Economy
Bucherer intends to "revolutionise" the pre-owned market

Bucherer's newly-opened Gallery in Geneva is entirely focused on pre-owned watches. As well as buying and selling, this lounge space will host events aimed at renewing the purchasing experience for a new generation of watch enthusiasts, through a concept Bucherer plans to roll out to other locations.

Monday, 09 September 2019
5 min read
7
Arc-de-Triomphe-cover
Economy
When it comes to luxury, vive la France!

Hermès and Kering have both reported record results for 2018, with no sign of a downturn whether in China or in the fourth quarter.

Monday, 18 February 2019
3 min read
Peter Xu
Economy
China, the kingmaker

China can raise a brand to the pantheon of luxury just as easily as it can dash it to the ground. With this Damoclean sword dangling over them, brands are multiplying initiatives. We look at what Bulgari is doing.

Monday, 11 February 2019
5 min read
Courbe-baisse
Economy
Switzerland's watch economy drops down a gear

The Swiss watch industry came out of 2018 on a high, catching up exports to post a 6.3% rise at CHF 21.2 billion. However, figures indicate that growth peaked during the first six months and that the current slowdown will continue into 2019.

Monday, 04 February 2019
4 min read
Statistiques-2017-cover
Economy
Swiss watch exports up 6.3% in 2018

The outturn for watch industry exports in 2018 was in line with forecasts. The steady pace of growth early in the year saw a decline from the summer onwards, due to a less favourable base effect, but remained positive overall.

Tuesday, 29 January 2019
The FHH Journal editors
2 min read
Chopard-LUC-XPS-Fairmined
Economy
Watch brands go green

Most of us wouldn't think twice about owning multiple timepieces, wearing a crocodile strap or buying a quartz watch for the kids, but the products we consume, including watches, have a direct impact on our planet's health. Through positive decisions, we can be conscious consumers and still have the enjoyment of a beautiful, stylish watch.

Monday, 07 January 2019
5 min read
8
Richemont head quarters near Geneva
Economy
2018: the year watchmaking went digital

Mammoth takeovers, serial partnerships, crowdfunding, new brands... in this year of renewed growth for the Swiss watch industry, the digital economy has become a vital relay for luxury.

Monday, 17 December 2018
4 min read
5
Montres-moins-de-5000-breaker
Our selection

10 luxury watches under €5,000

Friday, 14 June 2019
6 min read
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