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News

Articles on the subject: Economy

Submersible Carbotech © Panerai
Economy
Why sell more watches?

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.

Monday, 16 September 2019
3 min read
6
Gallery-Lounge, Geneva © Bucherer
Economy
Bucherer intends to "revolutionise" the pre-owned market

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.

Monday, 09 September 2019
5 min read
7
Rolex-Reptrak-1-cover
Economy
Swiss watch firms enjoy a cast-iron reputation

In the list of the most reputable multinationals in 2018, Rolex takes top ranking for the third consecutive year, beating Lego and Google to the number-one spot. Meanwhile, a similar survey of the main publicly listed Swiss corporations puts Swatch Group and Richemont second and third, behind bathroom manufacturer Geberit.

Monday, 27 August 2018
3 min read
Thomas Baillod, founder of Mercari Academy
Economy
Mercari Academy: distribution 3.0

Having observed the digital transformation of marketing and media, Thomas Baillod set up Mercari Academy to prepare current and future managers for the challenges in distribution as it enters its digital age.

Monday, 20 August 2018
Anaïs Fontaine
5 min read
Seducing-millenials-cover
Economy
How are luxury watch brands seducing millennials? (part two)

In 2017, the main growth engine of the luxury market was a generational shift, with 85% of luxury growth in that year fuelled by Generation Y & Z (Bain & Co). With the millennial mindset reportedly so different from generations before, are luxury watch brands doing enough to seduce these new luxury consumers?

Wednesday, 08 August 2018
7 min read
3
Seducing-millenials-cover
Economy
How are luxury watch brands seducing millennials? (part one)

In 2017, the main growth engine of the luxury market was a generational shift, with 85% of luxury growth in that year fuelled by Generation Y & Z (Bain & Co). With the millennial mindset reportedly so different from generations before, are luxury watch brands doing enough to seduce these new luxury consumers?

Tuesday, 07 August 2018
7 min read
3
Code Coco © Chanel
Economy
Is Chanel the world's number-one luxury brand?

Chanel took the financial community by surprise when it published its annual results. Firstly, for such a show of transparency from an unlisted company and secondly for the quality of the numbers that put the French firm at the top of the luxury pyramid.

Monday, 09 July 2018
4 min read
8
The new Omega factory in Biel
Economy
How the digital revolution will impact watchmaking jobs

As Industry 4.0 continues to develop, new professions will appear but there will still be a place for rare crafts. Businesses will have to take lucid decisions about where to make cuts in the workforce.

Monday, 02 July 2018
Fanny Nicolet
5 min read
2
Montres-moins-de-5000-breaker
Our selection

10 luxury watches under €5,000

Friday, 14 June 2019
6 min read
1
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