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.
Watch exports remained at a very high level in December 2011, despite an unfavourable base effect. They recorded a strong increase (+21.0%) to attain a level of 1.9 billion francs. For the year as a whole, the value of watch exports achieved a new record of 19.3 billion francs, surpassing the 2010 result by 19.2%.
More and more watchmakers are committing to an ethically and socially responsible gold and diamond supply chain, with brands in the Richemont portfolio leading the way. This is the objective of the Responsible Jewellery Council, which presented its activities at the 2012 Salon International de la Haute Horlogerie.
Watch exports reached a very high level in 2011, creating a new landmark in their remarkable growth over recent years. With exports of nearly 19.3 billion francs, Swiss watchmakers exceeded their previous annual result by 19.2%. Except for 2010, which followed a major downturn, growth in the last 20 years has never been so strong.
From electronic engineering via industrial design, Alainpers came to horology in a roundabout way. Philosophical considerations, sensitivity to the urban environment, and a passion for light come together in creations that illuminate time.
The official announcement back in early December sent the world of high-end watches in Paris into a spin. The competition was about to get tough in the City of Light. The Richemont Group, which owns Cartier, had acquired 2,250 sq m (24,000 sq ft) premises on Boulevard des Capucines, next to the Garnier Opera and minutes from the world-renowned Place Vendôme.
Forgotten in the 1980s, revived in 1991, the Ecole de Réglage this year celebrates its twentieth anniversary.