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.
Counterfeiters cash in on recession
Failing to realise the full implications of counterfeiting, countless Internet users are snapping up products that offer irresistible value for money, just a few clicks away. In doing so, they are fuelling the new El Dorado for organised crime.
Swiss watch exports: the French connection
A country-by-country analysis of Swiss export figures shows that France has been one of the most buoyant markets since 2006, distinct from the other countries that share the top five spots. Laurent Picciotto, proprietor of Chronopassion in Paris, suggests why.
Parmigiani introduces a new authentication system
Parmigiani Fleurier, in partnership with the French company Prooftag, is equipping its watches with a system that certifies the authenticity and origin of its timepieces, using Bubble TagTM technology.».
Société Suisse de Chronométrie: reinventing the wheel
The Société Suisse de Chronométrie recently hosted its thirteenth highly successful Study Day, on the subject of complications. The audience was particularly impressed by a presentation of non-circular gears by a researcher at HE-Arc in Le Locle.
