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Two scenarios for the luxury industry in 2021

The latest study from Bain & Co – Altagamma reports a return to growth for luxury in the first quarter. Will this play out for the entire year or – the more likely option according to Bain – will full recovery be in 2022?

Monday, 07 June 2021
4 min read
Detail of the piece Tropical Fossil realized by the sculptor Gianluca Pacchioni
A guided tour of European craftsmanship

Over 650 artisans from 25 countries feature in a new online searchable guide to European craftsmanship, developed by the Michelangelo Foundation. The platform also has suggestions for master classes, exhibitions and tours, recommendations from personalities in craftsmanship and design, and ideas for immersive experiences across Europe.

Wednesday, 16 September 2020
3 min read
Personal luxury goods market forecast (€B)
"Normal" growth forecast for the luxury market in 2019

The now traditional Bain & Company study, in collaboration with Fondazione Altagamma, forecasts global growth in the luxury market of 4% to 6% this year, to reach between €271 and 276 billion.

Monday, 02 September 2019
3 min read
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.

Thursday, 21 December 2017
3 min read
The British exit from eurozone Brexit- European Union flag
"English gentlemen, please fire first"

After a 9.5% fall in exports over five months, the Brexit vote makes for an even more uncertain future for Swiss watch brands. Particularly as the UK has weathered a difficult year so far with some tremendous growth.

Friday, 15 July 2016
5 min read
Hublot designed the fourth referee boards for UEFA Euro 2016.
Watch Stories
Fever pitch!

From June 10th to July 10th, the planet will live and breathe football as Euro 2016 brings together dyed-in-the-wool supporters and new fans won over by the spirit of the game, especially now football has shaken off its downmarket image and is considered a culture in its own right. And who are watchmakers to disagree?

Thursday, 09 June 2016
4 min read
Marc-Pierre Gaudreault, COO Parmigiani Fleurier, Philippe Léopold-Metzger, CEO Piaget, François-Henry Bennahmias, CEO Audemars Piguet and Christophe Claret.
Crisis management

What type of strategy are Swiss watch brands implementing in an unusually complex international context? Four industry bosses took time out to answer our questions.

Saturday, 12 March 2016
7 min read
Belles Montres, making the most of leftovers

November 27th to 29th in Paris, Belles Montres watch fair opened its doors as part of the Salon de l’Homme. After the attacks on the city, the atmosphere was tense but there was hope of a fresh start and a new dynamic for the show.

Friday, 04 December 2015
4 min read
Salon QP, something for everyone

In the now lengthy list of watch fairs, Salon QP in London runs the gamut from established names to rising stars. Also on show: new brands, new watches and plenty more to feast the eyes.

Wednesday, 25 November 2015
4 min read
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