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 brands are using smart data to give the market exactly what it wants. Customization is one of the services to benefit from this.
Having acquired Watchfinder, a UK-based platform for buying and selling pre-owned watches, Richemont is the first big name to enter the increasingly coveted and fast-growing market for second-hand timepieces.
On the eve of the 2018 FIFA World Cup, it's clear that two brands – TAG Heuer and Hublot, both LVMH - have swept the board in football. Behind this winning strategy is the one and only Jean-Claude Biver, President of the luxury number one's watch division.
Deloitte's latest Millennial Survey leaves little room for doubt. Uneasy about the growth of Industry 4.0 and its attendant technologies, millennials see business as focusing too much on the bottom line and not enough on society and the environment. What are the main takeaways of this year's report?
Ulysse Nardin chose the Cannes Film Festival to launch a Hyperspace version of its Executive Skeleton Tourbillon. A Star Wars spacecraft provided the inspiration. Miniature painting and high mechanics are in command.