“The stories and achievements of the Swiss watch industry over the past fifty years can be known and resonated with by more people through Swatch’s watches and Swatch’s collaborations.”
Overall, the Chinese market, Jewelry Division, and both retail and online retail collectively contributed 74% to the group’s sales revenue.
Do we still need literature? A similar question was once posed to the watchmaking industry: Do we still need mechanical watches?
“We are committed to blending watchmaking craftsmanship with the materials we excel in, in a more instinctive, contemporary, and creative way. We are not bound by the past; our tradition is innovation.”
This article has selected quotes from 11 executives of these 11 brands, providing insights into their understanding of Chinese consumers and niche markets.
For the second half of the 2023 fiscal year, the group anticipates excellent growth opportunities in all regions and across all price segments. However, the only concern is the unfavorable currency environment that could potentially pose challenges.
Apart from his exploits on the football field, Cristiano Ronaldo is also an avid watch collector.
Is the acquisition of Swiss luxury watch brands by Chinese capital a good business move?
Previously, women have been increasingly visible at the helm of major brands such as Piaget, and Jaeger-LeCoultre, as well as at independent brands such as DeWitt, Speake-Marin, and Moritz Grossmann. What role do they play in this male-dominated luxury sector? What changes have they brought to the brands?
Swiss watches saw a significant surge in exports to major markets in February, with a whopping 6.1% YoY increase in exports to Europe as a whole.