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Articles on the subject: Economy

Officine Panerai Piccolo Due Madreperla with alligator strap
Luxury, biodiversity and the sixth mass extinction

At five points in the past 500 million years, life on Earth was almost completely wiped out. We are now on the brink of a sixth mass extinction, and we are the cause. Can humans right their wrongs? The luxury industry must lead by example.

Thursday, 27 January 2022
8 min read
Patek Philippe Nautilus ref. 5711 1A-018 Tiffany Blue® lacquer dial (2)
Investors see opportunity in the watch sector

An influx of capital ends a year marked by a boom in sales at auction and on the pre-owned market as watches take on a new role as investment products.

Monday, 20 December 2021
5 min read
Panatere steel 100% recycled
Panatere: first steel, now recycled titanium

From early 2022, Panatere will be ready to supply the watch industry with recycled titanium produced using waste recovered from companies in the Swiss Jura, through a system initially set up for recycling steel. The company is also working on an itinerant solar furnace.

Thursday, 09 December 2021
4 min read
Swiss watch industry is over the crisis

Watch exports gained 1.4% over the first ten months of the year compared to 2019 and pre-pandemic levels. Financial results for the main luxury groups confirm this resurgence.

Thursday, 25 November 2021
4 min read
W&W Sanya 2021
All eyes on Hainan, China

Since October 1st and until end December, Watches and Wonders has taken up residence in Sanya, in the island province of Hainan. This “Chinese Hawaii” is the subject of a recent report by McKinsey. At stake: a $40 billion market.

Tuesday, 02 November 2021
4 min read
The post-pandemic Swiss watch industry
The post-pandemic Swiss watch industry

The Deloitte Swiss Watch Industry Study 2021 confirms a positive outlook for the sector, though not entirely without risks and challenges such as supply chain disruptions, greenwashing, falling export volumes, a diminishing appeal of Swiss-Made and reliance on China. There is still a lot to think about in a post-pandemic environment.

Thursday, 21 October 2021
6 min read
Sixième Sens par Cartier - collier Meride
Cartier-Kering sustainability alliance

In partnership with the Responsible Jewellery Council, Cartier and Kering are launching the Watch and Jewellery Initiative 2030. Open to watch and jewellery brands across the globe, it lays down a common core of goals for the climate, natural resources and inclusiveness.

Thursday, 14 October 2021
4 min read
China’s push for “common prosperity”

Xi Jinping’s call for “common prosperity” sent shudders through the stock market. This new policy, which portends a drop in purchasing power for the wealthiest Chinese, pushed down luxury share prices, which includes watch brands. What implications does this have?

Wednesday, 08 September 2021
6 min read

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