The COVID-19 pandemic has wreaked havoc on our lives and on the world economy. Events are being cancelled or postponed worldwide to contain the global outbreak. For the watch industry, the most important events hit are the two major trade shows: Baselworld and Watches & Wonders. As the epidemic takes a heavy toll on the […]
In these times of uncertainty, agility is key for any business, and the watch industry is no exception. As the lockdown hits brick-and-mortar stores, but also as an evolution for the years to come, H. Moser & Cie. watches are now available online on the brand’s own e-store, offering a wide selection of models. To […]
Stéphane Waser has worked for Maurice Lacroix since 2008 and has been at the head of the company since 2014. A few years later, following the launch of the Aikon and successful brand building, Maurice Lacroix has turned into a profitable brand. Maurice Lacroix’s Managing Director tells us about the development of the brand, the […]
There’s no denying the current situation and, as a consequence, its effects on the global economy. Certainly, this is nothing compared to health issues caused by Coronavirus, but still far from insignificant. Gross domestic product, employment (and therefore consumption) and financial markets are under severe strain. Key luxury markets around the world are affected, and […]
Accessible luxury is one of the most competitive segments in the watch industry. But gauging by the performance metrics of Hamilton watches, Sylvain Dolla’s role as CEO of the company since 2011 has been a success. For 2020, the brand is launching interesting new products: mechanical watches, as you would expect, but also a cool […]
After Watches & Wonders (ex-SIHH) and Baselworld announced the cancellation of their 2020 editions amid fears of a possible COVID-19 Coronavirus Pandemic, a group of brands decided that they could react to this situation and offer, through agility and ingenuity, a different approach to the presentation of new watches. With these lost opportunities to meet […]
It’s no secret that the current situation with COVID-19 has had dramatic effects on the consumption of luxury goods, including watches. Manufactures are closed (Rolex, Patek, AP, TAG Heuer and many more have ceased operations for a couple of weeks), and even though shops might be opened in certain regions, the mood isn’t ripe for […]
The FHS, the Swiss Watch Federation, just released its export statistics for the month of February 2020, and, as you might expect, these are down. The value of exports contracted by 9.2% to CHF 1.6 billion. But, this does not even reflect the severe and jittery situation on the market provoked by the Coronavirus Pandemic. […]
Luxury watchmakers have to face turbulent times. The two major trade shows, Watches & Wonders (ex-SIHH) and Baselworld have just announced the cancellation of their 2020 editions amid fears of a possible COVID-19 Coronavirus Pandemic. With these lost opportunities to meet retailers and the press, watch brands need to handle business that would have got […]
Following the decision of the Fédération de la Haute Horlogerie (FHH) and the Richemont Group to cancel the 2020 Edition of the Geneva-based watch fair Watches & Wonders, all eyes were on Baselworld and the watch world was waiting for the final decision to come… This is it, the other major watch fair of the […]