Is sustainable development making inroads in the watch industry? A year-on-year comparison of subjects covered in the Federation of the Swiss Watch Industry magazine clearly shows a profession increasingly committed to social and environmental questions.
Previously a small section of the annual report, Swatch Group now presents its sustainability strategy in a separate and detailed document. Here are some of the main takeaways.
In the wake of the First World War, Swiss watchmaking underwent a period of profound crisis, resulting in a State-led reorganisation of the sector. This rescue operation took the form of cartel agreements that remained in place until the 1960s. Part one: the 1920s and 1930s.
Released mid-March, the third Morgan Stanley report, in collaboration with LuxeConsult, on the Swiss watch market shows that out of some 350 brands, the bulk of growth in 2019 came from the seven whose turnover exceeds CHF 1 billion. The analysis also highlights the outperformance of privately owned brands.
Since the purely minimalist Concept model, the fumé dial has become the H. Moser & Cie’s signature, even without a logo. In 2020, to celebrate the fifth anniversary of this launch, the manufacture is producing three new models, all released as limited editions.