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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.
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.
The final report of the successful 20th edition of the SIHH last January provided a good reflection of how things have been for the trade in the United Kingdom in 2009. The summary words are a cliché, but apply very much, hurting in places: ‘belt tightening’.
The Indian celebrities and faces of leading watch firms also pull in the crowds online. Thanks to them, brands such as Longines, Audemars Piguet and Chopard have climbed to the top of the list of watchmaking’s most-wanted ambassadors.
Despite a lacklustre economy in 2009, online searches for Fine Watch brands grew 14% according to the WorldWatchReport, published by IC-Agency. HH Magazine presents the report’s main conclusions with in-depth per country coverage to come.
