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.
2017 in watchmaking: innovation and creativity
A look back at 2017 as we train the spotlight on a revolutionary oscillator and some remarkable achievements in materials, astronomical complications and artistic creations. Not forgetting some milestone anniversaries.
2017 in watchmaking: the Chinese dragon roars again
A two-year slump in exports to Hong Kong has been cited as one of the main reasons for the difficulties that have dogged the Swiss watch sector in the aftermath of the strong franc. Is China to blame? If it is, the country is certainly making amends.
2017 in watchmaking: a new generation takes control
It will have escaped no-one's notice that a new generation took over at the head of several leading watch firms last year, as digital's growing momentum demands a fresh perspective.
Swiss watchmaking strikes a positive note in 2017
After a dry spell lasting almost two years and plenty of soul-searching, Swiss watchmakers have seen an upturn in business since March. With the watch fair season about to begin, the industry can breathe again.
The luxury market returns to "healthy" growth
The latest study from Bain & Company consulting firm is decidedly optimistic. After stagnation in 2016, normality returns to the overall luxury market which grew by 5% in 2017 to reach an estimated €1.2 trillion globally.
