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The Deloitte Swiss Watch Industry Study 2021 confirms a positive outlook for the sector, though not entirely without risks and challenges such as supply chain disruptions, greenwashing, falling export volumes, a diminishing appeal of Swiss-Made and reliance on China. There is still a lot to think about in a post-pandemic environment.
In partnership with the Responsible Jewellery Council, Cartier and Kering are launching the Watch and Jewellery Initiative 2030. Open to watch and jewellery brands across the globe, it lays down a common core of goals for the climate, natural resources and inclusiveness.
The Genevan Manufacture presents Les Cabinotiers Westminster Sonnerie – Tribute to Johannes Vermeer, a pocket watch that was eight years in the making. Despite its apparent simplicity, this is a masterful achievement as much for the complexity of its grande sonnerie mechanism as for the remarkable hand-executed decoration.
The “Grande Maison” is reaching out to customers through a series of original experiences hosted at the Manufacture. Collectively titled “Atelier d’Antoine”*, these tours and workshops take visitors to the heart of Haute Horlogerie.
Philippe Dufour is setting salerooms alight; WatchBox has invested in De Bethune; Chrono24 has secured LVMH-backed funding; Watchfinder is presenting all the James Bond watches in its Paris showroom; Richard Mille has launched a certified network for its pre-owned watches… for watch fans, the moving and shaking is on the pre-owned market.
With the economy back in business and exports on the rise again, brands are newly inclined to show off their capacity for innovation and imagination. Here are some of the watches from the stream of recent releases.
Xi Jinping’s call for “common prosperity” sent shudders through the stock market. This new policy, which portends a drop in purchasing power for the wealthiest Chinese, pushed down luxury share prices, which includes watch brands. What implications does this have?
Research into new materials has proved instrumental in the giant strides made in precision and reliability. It has also put titanium back on brands’ radar, including in recycled form.
As Apple Watch sales continue to climb and Swiss watch exports slide, how much does customer experience contribute to the respective appeal of these two very different products?
