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News
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?

Thursday, 09 February 2023
5 min read
6
Seconde-main-cover
News
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.

Thursday, 02 February 2023
6 min read
6
The new building groups activities that were previously spread over three other sites © Vaucher Manufacture Fleurier SA
News
Vaucher Manufacture brings its activities in Fleurier under one roof

Vaucher Manufacture Fleurier (VMF), under managing director Florian Serex, cut the ribbon at its new building in Fleurier on September 4th. This grouping of activities is typical of the buoyant watch division of the Sandoz Family Foundation (FFS), chaired by Pierre Landolt.

Friday, 16 October 2009
3 min read
4
The Manufacture des Forges in images © Audemars Piguet
News
The Manufacture des Forges, pride of Audemars Piguet

Audemars Piguet, "Le maître de l’horlogerie depuis 1875," has moved into its new Manufacture in Le Brassus. This CHF 35 million investment is the first industrial building in Switzerland to obtain Minergie-Eco® environmental certification.

Monday, 21 September 2009
4 min read
8
Indonesia mask watch © Vacheron Constantin
News
Vacheron Constantin marries the art of watchmaking with fine arts of the world

On June 2nd, Vacheron Constantin unveiled the third and last set of the watches “Les Masques” (“Métiers d’art”) and exhibited the collection in the Metropolitan Museum of New York in the company of its predecessors from the two previous years.

Monday, 21 September 2009
5 min read
8
Audemars Piguet’s new factory in Le Brassus is the first industrial plant to receive the Minergie-Eco® label © Audemars Piguet
Economy
The watch industry embraces environmental concerns

Over the past several years, the Fine Watch sector appears to have grown more aware of its impact on the environment. Certifications, partnerships and energy-efficient buildings are just some of the many new initiatives, although not all these make the same contribution to reducing the sector’s ecological footprint.

Monday, 21 September 2009
Sven Aubert, Théodore Besson, Suren Erkman
5 min read
5
On the international level, the Responsible Jewellery Council (RJC) brings together business and stakeholders across the diamond and gold jewellery supply chain to promote good environmental and social practices © CRJP
Economy
What are the alternatives?

There are several possible lines of action to reduce the negative environmental impact of extracting precious materials. One solution would be for buyers to form a pressure group and request that producers provide guarantees. In 2008, the Swiss watch industry used 36 tonnes of gold or 1% of global consumption. This could be enough to put pressure on the market.

Monday, 21 September 2009
Sven Aubert, Théodore Besson, Suren Erkman
2 min read
3
Leonardo DiCaprio and TAG Heuer joined forces to support NRDC and Green Cross International © TAG Heuer
Economy
The future

The current economic crisis clearly implies spending cuts in non-essential or secondary sectors. Regrettably, the environment is often considered as such. However, not every Fine Watch brand is feeling the effects of recession to the same degree. In this context, a company could be well-advised to manage its environmental impact, given the repercussions this can have on its image. Unauthorised constructions, accidental pollution due to non-respect of safety regulations or the increased number of commuters in the Arc Jurassien regions are all detrimental to a company’s reputation. Note too that proper environmental management also saves money through optimised use of resources and routine recycling.

Monday, 21 September 2009
Sven Aubert, Théodore Besson, Suren Erkman
1 min read
3
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Event

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