Beyond their cultural and aesthetic value, luxury and high-end watches have increasingly become recognised as a viable investment asset class, offering the potential for both financial returns and personal enrichment. Indeed, watches can be a way to invest while enjoying the passion for beautiful objects. But the topic can be controversial. Just like any investment, […]
If you’re one of the lucky few to own a perpetual calendar watch (or even rarer, a secular calendar watch), this is the day you have to wear this watch. It’s not even an option, it’s an order. Why? Because your movement is going to perform a mechanical ballet that only occurs every four years […]
We certainly can’t hide the fact that the Swatch x Omega Moonswatch, a collaboration bringing the style of the Speedmaster Moonwatch into a far more accessible segment of the watch industry, caused a blast. Seeing the success of this collaboration, with over 1 million examples sold in 2022, despite some issues regarding availability, it was […]
If you have been following the Swiss watch industry for the past years, there’s been an undeniable shift towards the higher end of the market. While Swiss watch exports rose 17% between 2015 and 2022, the export value of watches with an export price below CHF 500* was halved over the same period. The industry […]
2020 has been a difficult year for the Swiss watch industry, and for the entire luxury market. As we reported recently, the industry has had to face its steepest decline since 2009, with exports plummeting 21.8% in value, below the level of 2011. Certainly, the COVID-19 pandemic has had a strong impact on the watch […]
2020 will be remembered as a traumatic year… but also a turning point. The COVID-19 pandemic has disrupted virtually all aspects of human life. As far as the watch industry is concerned, it has been severely hit by the sanitary crisis. Swiss watch exports have seen a decline of 23.5% over the 11 first months […]
Wait… Are we seriously saying that? Well, first of all, let’s make things clear. Nothing is official, nothing is confirmed, nothing is even remotely close to indicate that Patek Philippe’s most coveted model, the classic time-and-date blue dial Nautilus reference 5711/1A, is about to be discontinued and replaced. At least officially. Indeed, a closer look […]
Even though the promise of a vaccine strikes a positive note in the current COVID-19 misery, the pandemic still holds everyone, and especially retailers, in a firm grip. However, this situation may also prove to be an opportunity for small and medium-sized jewellers and watch retailers to rethink the way they market their offer. Besides […]
2020 will be remembered as a traumatic year and a turning point. The COVID-19 pandemic has been a world changer. As far as luxury watches are concerned, the outbreak of coronavirus has shaken fundamental aspects of the industry. Undeniably, it has been and still is an annus horribilis, with Swiss Watch exports plunging by 28.3% […]
With the development of e-commerce and as the trend for vintage watches consolidates, the market for second-hand luxury watches is growing fast. A survey by the Boston Consulting Group published in September 2020 reveals that “the market for secondhand hard luxury items – primarily watches and jewellery – is worth about €21 billion worldwide and […]