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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
4
WatchBox selection
Economy
The pre-owned market is open for business in Dubai

At Dubai Watch Week, organiser Ahmed Seddiqi & Sons and US-based specialist WatchBox announced a joint venture to develop the certified pre-owned watch market in the region.

Monday, 02 December 2019
5 min read
18
Man-in-black-with-watch
Economy
Luxury keeps on growing

Fortune continues to smile on luxury companies in 2019, despite a volatile environment. Among them, Richemont is proving its "resilience" to geopolitical tensions.

Monday, 18 November 2019
3 min read
Tiffany
Economy
After LVMH, will others bid for Tiffany?

At $120 per share or €14.5 billion, LVMH's offer for Tiffany was judged too low. Now the battle is on between luxury mastodons, which includes Richemont and Kering, to take control of the storied American jeweller.

Monday, 11 November 2019
4 min read
Superocean Outerknown and Outerknown Econyl Nato Strap collection © Breitling
Economy
Still waiting for sustainable watches

Despite all the talk about sustainability and ethical production, environmentally and socially responsible products are still more theory than practice.

Monday, 04 November 2019
3 min read
9
Hong-Kong-cover
Economy
Luxury under threat in Hong Kong

With protesters more determined than ever after four months of unrest, Hong Kong is struggling to maintain its status as a world capital of luxury. Economic recession in the special administrative region spells bad news for watch brands as shipments to this main export market have fallen by 6% since the start of the year.

Monday, 28 October 2019
4 min read
China Customs
Economy
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
5
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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