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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
Collectible watches turn a passion into profit

Investment funds, an industry in their own right, couldn't fail to spot watches' potential to yield high return. Enter Precious Time, an investment vehicle launched in January 2011 by Elite Advisers.

Friday, 15 June 2012
4 min read
fhhmag_slideshow_005073-001
Economy
Auction houses under the microscope

The recent spring sales in Geneva certainly lived up to expectations, particularly at Christie's. At the end of an eight-hour marathon, the auction house garnered a total CHF 30.3 million (EUR 25.5 million), its second highest ever result including record prices for two Breguet timepieces. The international head of Christie's watch department, Aurel Bacs, spoke enthusiastically about the depth of bidding with buyers from 42 different countries, and the strong presence of private collectors who took eight of the day's top ten sales.

Friday, 15 June 2012
2 min read
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Economy
The Japanese and luxury watches: 1,500 Internet users under the magnifying glass

The FH centre in Japan has published the results of a survey carried out among 1,500 Japanese consumers aged 20 or older with an interest in luxury watches.

Friday, 01 June 2012
Chantal Garbani
3 min read
T
Economy
The phenomenal success of mechanical watches

In ten years, mechanical watches have seen their share of total exports increase from less than half to almost three quarters.

Monday, 14 May 2012
Quentin Simonet
4 min read
fhhmag_slideshow_004975-001
Economy
Piaget's inside story

Opened in 1959, Piaget's Geneva store has adopted the company's new interior design concept. Marked by discreet elegance in a pleasant and refined atmosphere, this environment is an invitation to share the Piaget experience, which now includes acclaimed jazz singer Melody Gardot who embodies the new line of jewellery in the Rose collection.

Friday, 11 May 2012
3 min read
5
fhhmag_slideshow_004964-001
Economy
From Geneva to China: keeping up to speed

We've heard and read a lot about China of late, the country every luxury name has in its sights - watch brands no less than any other - and the driving force for this economy worldwide (Chinese tourists account for 30% to 50% of sales in Europe and the US). The People's Republic is on a spending spree that the gloomiest predictions of rocky roads and even ruin cannot curb.

Wednesday, 09 May 2012
3 min read
wandw-geneva-shanghai
Event

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