The FHS (the “Fédération de l’industrie Horlogère Suisse” or Federation of the Swiss Watch Industry) just released the export statistics for the first half of 2019. Ex-factory shipments of Swiss Watches rose 1.4% in value to CHF 10.666 billion. For the month of June, exports dropped by 10.3%, thus having a significant negative effect on […]
While yesterday Swatch Group announced mild results with declining sales, it is now time for its main competitor, Richemont Group, to publish its financial results for the first quarter ended 30 June 2019 (note: Richemont’s financial year starts on April 1st). And the report is overall positive, with certain exceptions on some regions and activities. […]
Swatch Group has just announced its first half-year report 2019 and the results aren’t positive. Both sales and profitability have been impacted, after a positive year 2018. The Swatch Group still anticipates growth in the second half of 2019 though.
The Fine Watch Club is an international multi-brand watch club aimed at anyone with an interest in luxury mechanical watches. Based in Geneva, it was created by our colleague Brice Lechevalier, an entrepreneur and watch enthusiast (co-founder of GMT magazine in 2000). Guided by his passion for watches and taking advantage of his excellent relationships […]
Piers Berry’s passion for watches came later in life but he’s been making up for lost time ever since. Founding British microbrand Pinion in 2013, Berry has used his considerable expertise in digital design to create a relatively simple product range that values clarity over complexity and gives meticulous attention to detail to every aspect […]
Today, Omega unveils a watch that will make history in the diving community, a hell of an impressive piece, the result of years of experience in the field of professional dive watches. Omega has just announced the existence of an extraordinary watch that made the world’s deepest dive to the very bottom of the Mariana […]
Porsche Design is not your typical watch brand. It does things in a different way, or at least, not in the traditional “Swiss way”. This goes, of course, for the design of the watches, which are all about minimalism and the “form follows function” school, something dear to Professor Ferdinand Alexander Porsche. But this also […]
Gauging the performance metrics of the company, Jean-Christophe Babin’s role as CEO of Bvlgari since 2013 has been an impressive success. Bvlgari’s watch collection is enjoying a rinascimento of sorts, in particular with the spectacular ‘Finissimo’ saga. During the Cinemagia event, the brand’s Haute Joaillerie and Haute Horlogerie presentation in Capri, we were able to sit […]
The concept of watch fairs has been a controversial topic for the past years. Obsolete, too expensive, not flexible enough… We’ve seen multiple brands leaving Baselworld or the SIHH, and even more of them complaining about this very idea of trade fairs. Solutions were found though, with the Geneva- and the Basel-based shows uniting forces and coordinating their dates from 2020. Still, the situation isn’t perfect for some. While still attending Baselworld 2020, LVMH’s Watchmaking Division has decided to add a date to the product launch schedule, by creating its own, private “Pre-Baselworld event” in Dubai, on January 2020.
You may own an old watch that says “Incabloc” on its dial. This was rather common, back in the days. If the name is unknown by most of the people that are not into watches, there was a time when it was very popular. Back in the mid-20thcentury, the “Incabloc” trademark was a sign of […]