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.
Articles on the subject: Economy
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.
In the space of five years, Richemont has doubled both sales and profit. The Geneva-based luxury group, established 25 years ago, sees this as just a taste of things to come.
The Société Suisse de Chronométrie chose "Environmental Performance and the Watch Industry" as the theme for its latest working breakfast. A highly topical subject, illustrated by Audemars Piguet.
In the past, brands have struggled to find the right voice when showcasing their women's watches. The welcome news is that while red-carpet glamour is as important as ever, the message is now more carefully honed.
Concerns are being voiced over the takeover of Swiss brands by Chinese, many of whom hope for a quick return on investment.