A year of the rabbit for watch brands?
China, which weighed on watch exports at end 2022, will be the key to activity in 2023, a year that opens with mixed prospects. Will China’s impact on luxury sales be as great as in 2021?
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What next for the pre-owned market?
Once dismissed as a hang-out for unscrupulous traders touting fakes, in little more than a decade the pre-owned watch market has grown to remarkable proportions and is expected to surpass sales of new watches. Consultancy firm LuxeConsult predicts this reversal in roles for 2033.
A new "modular" movement from Concepto Watch Factory
Established in 2006, the manufacture presents its calibre C2000, inspired by the Valjoux 7750. With seventy variations in a single movement to incorporate all types of dial displays, Concepto aims to attract customers in search of an "all-in-one" solution.
Cybercounterfeiting (IV): the fight against fakes
The phenomenon of counterfeiting has now reached an unprecedented scale. The value of the global counterfeit goods market could grow from $5.5 billion in 1982 to nearly $600 billion in 2010, which is 10% of world trade, according to Eric Woerth, former French budget minister.
"The scissor effect is being confirmed"
Watch auctions are experiencing an increasingly marked scissor effect, with top lots attracting fierce bidding while the less attractive lots struggle. A closer look with Aurel Bacs, International Co-Head of Christie's Watch Department.
Bulgari moves to a new level
Over the past decade, Bulgari has one by one ticked the boxes of vertical integration, leading to the presentation, earlier this year, of its in-house mechanical movement, Calibre BVL 168. This base calibre will be the springboard for future complication movements.
Bovet and Pininfarina begin a long-term partnership
An anniversary model, the Bovet - Pininfarina Tourbillon Ottanta, seals the partnership and celebrates the Italian industrial design firm's 80 years in business. This exceptional timepiece is already being described as the first in a long series.
Verbatim - Cartier intends tripling its presence in China
That Cartier only experienced a "marginal decline" in 2009 is largely thanks to China. The Asia-Pacific zone (except Japan) was Richemont's only growth region for the financial year to end March 2010. Needless to say, Cartier has already planned its expansion in the Middle Kingdom.
