How brands are rethinking retail in our "New Normal".
Articles on the subject:
A record half-year for WatchBox, brick and mortar openings in Paris and Geneva for Watchfinder, a certified pre-owned gallery in Bucherer's Parisian flagship… the pre-owned watch market keeps on growing.
In 2018 he launched the Watch Trade Academy based on a new approach to distribution. A year later he set up his own brand to prove its benefits. Now Thomas Baillod is starting to reap what he has sown.
Ex-LVMH Thierry Huron launched The Mercury Project in 2016 to provide business intelligence for the watch and jewellery industry. This includes a sell-out index for nine markets - a more reliable indicator than export figures.
It's now a case of size matters in the watch industry, both for manufacturers and for retailers. The UK-based Watches of Switzerland Group is an excellent example, as its share price confirms.
At the online presentation of the brand's first new releases for 2020, Georges Kern gave insight into Breitling, a brand he's led for three years, and the chaotic environment of the past months.
Eight months of pro-democracy protests in Hong Kong have put paid to the region's status as the number-one market for Swiss watch exports, overtaken by the United States in January. The coronavirus outbreak is likely to have further impact in the first half-year.