From the watchmaker's workbench to the architect's drawing board, it's a case of bigger, bolder, better as brands take the industry towards an ever more spectacular future.
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If there is one item not to leave off your holiday checklist (apart from your passport), it has to be a multi-function watch. From a GMT (in Bali) to a chrono (behind the wheel of a sports car), FHH Journal shares its pick of watches to suit every destination.
When it comes to choosing a watch for summer, the hardest part could be deciding which one. Take your pick of nautically-inspired models for the ideal swimming or sailing companion, blinding white watches to show off a tanned arm, or the sun-drenched sophistication of gold.
A growing number of watch brands are seeking to move away from third parties to instead sell direct to consumers. Retailers will have to reinvent themselves.
As the most digital-oriented luxury market in the world, China is a whole other story for fine watch brands. Young consumers get most of their information from social platforms such as Weibo or WeChat, making it hard for brands to reach them directly. This has produced the so-called “fan economy”.
In its latest report on the 100 largest luxury goods companies globally, Deloitte consultancy firm discusses the factors that will secure future growth – and these no longer include history and heritage.
Like anywhere else, China's watch enthusiasts have their favourites. Patek Philippe's Nautilus Ref. 5711, the Audemars Piguet Royal Oak 15202, and pretty much anything by Richard Mille or Rolex have proved hugely popular these past four to five years. In contrast, models that sell well in other countries don't always appeal.
At the recent Art Basel Hong Kong, Audemars Piguet hosted a new lounge concept by Brooklyn-based artist and designer Fernando Mastrangelo, inspired by the Swiss Jura, the home of Fine Watchmaking. This calming space will be part of the three editions of Art Basel 2019.