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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
T
Economy
The Responsible Jewellery Council stands in the way of "dirty" gold and diamonds

The Responsible Jewellery Council, which campaigns for responsible ethical, social and environmental practices which respect human rights throughout the gold and diamond supply chain, continues to gain ground. It now has over 400 members with combined sales of some €35 billion.

Wednesday, 23 January 2013
3 min read
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Economy
The "diamond king" now wears a Swiss crown

When last October Harry Winston announced interest regarding the potential purchase of its watch and jewellery business, LVMH and PPR were tipped as possible takers. Ultimately, however, Swatch clinched the deal for US$1 billion. Analysts have welcomed the operation.

Monday, 14 January 2013
4 min read
5
fhhmag_slideshow_005485-001
Economy
On the road to Mandalay...

Watchmakers are heading for pastures new and countries that will be all the rage in five, maybe ten years' time. Nations that will one day join the ranks of "emerging" countries.

Tuesday, 04 December 2012
Quentin Simonet
3 min read
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Economy
Richemont's boss bows out to analysts' applause

For the third time, Johann Rupert is stepping down from his position as CEO of Richemont while continuing in his role as Executive Chairman. And for the third time, the group has largely benefited from his experience, as interim figures confirm.

Monday, 19 November 2012
2 min read
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Economy
Rolex, one of a kind

The brand is finalising its industrial integration on a scale hitherto unseen in the profession. A project spread over ten years at a cost of close to CHF 4 billion

Friday, 09 November 2012
Quentin Simonet
6 min read
9
fhhmag_slideshow_005403-003
Economy
Rolex Central

A glass facade stretching 335 metres. High-tech meets post-modern industrial architecture. There is nothing ordinary about industry giant Rolex's new movement production site in Bienne. Imagine 92,000 square metres of floor space - that's 13 football pitches - or 400,000 cubic metres spread over seven floors, including three basement levels.

Friday, 09 November 2012
Quentin Simonet
2 min read
9
wandw-geneva-shanghai
Event

All about Watches and Wonders

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