China, the kingmaker
China can raise a brand to the pantheon of luxury just as easily as it can dash it to the ground. With this Damoclean sword dangling over them, brands are multiplying initiatives. We look at what Bulgari is doing.
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Swiss watch exports up 6.3% in 2018
The outturn for watch industry exports in 2018 was in line with forecasts. The steady pace of growth early in the year saw a decline from the summer onwards, due to a less favourable base effect, but remained positive overall.
2018: the year watchmaking went digital
Mammoth takeovers, serial partnerships, crowdfunding, new brands... in this year of renewed growth for the Swiss watch industry, the digital economy has become a vital relay for luxury.
China to rule the luxury spend in 2025
The latest Bain & Co report confirms the luxury market's unstoppable growth, powered by young, digitally connected Chinese. The personal luxury goods market is expected to grow by around 5% annually to 2025, when it will be worth in the region of €350 billion.
Six months down the line with Baume
Six months after launching, Baume is adapting its strategy without compromising its environmental principles. Proof that you can put a wise head on young shoulders. Marie Chassot, who heads the brand, tells more.
The changing playing field of luxury e-commerce
Not a month goes by without a luxury watch brand announcing an online partnership or e-commerce launch, including the first website to offer Swiss buyers the chance to own a high-end watch through leasing; a new player that brings with it a different clientele and is shifting digital boundaries.
Breitling in Paris to debut a new range and present its strategy
Well-known for its aviator and diver’s watches, Breitling is reintroducing the Premier, an elegantly stylish line to be worn on land that first appeared in the 1940s, as a complement to the brand's more sporty tool watches.
Breguet puts its legacy on display in Moscow
In early October, Breguet cut the ribbon at its new Moscow boutique, inside the prestigious GUM mall, just minutes from the Kremlin. The new store also displays historic timepieces from the Breguet Museum in Paris.
Alibaba is Richemont's "open sesame" for Chinese e-commerce
Richemont has found a partner of choice in Alibaba to develop its Net-A-Porter and Mr Porter online platforms in China. With the biggest IPO in history and 600 million users to its name, Alibaba is behind more than 50% of e-commerce in its domestic market.