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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
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Economy
Big watch groups dominate half-year results

While half-year figures show a subdued performance by the watch divisions at Hermès and LVMH, it's a different story altogether for the industry's mastodons, led by Swatch Group and Richemont.

Friday, 06 September 2013
3 min read
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Economy
China's mixed messages

Despite some ups and downs in its economy, China remains a powerhouse for luxury and watch brands. However, certain observers have interpreted recent mixed messages from the world's second-largest economy as a sign that after years of uninterrupted expansion, the country is now set to progress in phases. The Middle Kingdom, so it seems, has pressed pause before pushing the fast-forward button again.

Wednesday, 28 August 2013
Quentin Simonet
3 min read
iwc-rci_mariner-2
Economy
Watchmakers' new port of call

Brands - IWC, Hublot and TAG Heuer among them – have taken to the seas and opened stores on cruise ships.

Monday, 08 July 2013
Quentin Simonet
4 min read
4
1-richemont
Economy
Richemont's five glorious years

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.

Wednesday, 03 July 2013
Quentin Simonet
7 min read
10
chopard-happy-sport-diamantissimo
Economy
Diamonds trump all

No longer the poor cousin of the grande complication, the high jewelry watch is taking the spotlight as the luxury timepiece of note.

Monday, 24 June 2013
4 min read
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Economy
Sustainable development, a factor in company longevity

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.

Monday, 17 June 2013
4 min read
wandw-geneva-shanghai
Event

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