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Articles on the subject:

Distribution

W&W Sanya 2021
Economy
All eyes on Hainan, China

Since October 1st and until end December, Watches and Wonders has taken up residence in Sanya, in the island province of Hainan. This “Chinese Hawaii” is the subject of a recent report by McKinsey. At stake: a $40 billion market.

Tuesday, 02 November 2021
4 min read
9
The post-pandemic Swiss watch industry
Economy
The post-pandemic Swiss watch industry

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.

Thursday, 21 October 2021
6 min read
Watches and Wonders 2020 Sanya
Economy
Hainan is paradise island for Chinese duty-free shoppers

Hainan island – one of the stop-offs for Watches and Wonders 2020 – reels in tourists and Chinese shoppers with its beaches, palm trees and duty-free malls, a sector that is now opening to competition. Richemont is in the running through a collaboration with China Duty Free Group and a stake in Dufry.

Monday, 22 March 2021
5 min read
5
Fartech, IPO (2018)
Economy
Farfetch, the luxury e-commerce prodigy

In the space of a year, Farfetch has become the one to watch in luxury e-commerce, a position confirmed by the billion-dollar investment by Richemont and Alibaba in the company, which is still reporting losses, and by its share price performance. In the twelve months to February 18, Farfetch stock gained almost 450%.

Sunday, 21 February 2021
4 min read
3
The microfactory comprises technology blocks inside modular compartments.
Connoisseur of watches
A microfactory for a maxi revolution

MicroLean Lab, a public-private consortium that includes Richemont, is developing the microfactory of the future; a concept that has the potential to transform our economic and social organisation right down to how we consume. Welcome to the world of artisanal industry, where the customer truly is king.

Wednesday, 25 November 2020
5 min read
2
Deloitte-cover
Economy
Is the future of luxury watch retail online?

How brands are rethinking retail in our "New Normal".

Monday, 05 October 2020
5 min read
WatchBox-Boutique-in-Dubai
Economy
The power of pre-owned

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.

Monday, 28 September 2020
4 min read
Chapitre 1 © BA1110D
Economy
The BA1110D solution to watch distribution

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.

Monday, 21 September 2020
5 min read
3
Breitling boutique-bistro concept. Data from The Mercury Project covers – per market – independent retailers, monobrand stores and specialist chains, including online sales.
Economy
The true measure of market temperature

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.

Monday, 06 July 2020
4 min read
4
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