Escalation
Brands are doing this because they want to lock in the consumers’ watch budget. Once you allocate some dollars to a JLC in February, those dollars are not longer available for another watch in June or July.
This escalation will continue. Novelties will be shown earlier and earlier, constrained only by logistics – the ability to get the watches to a particular locale. In fact, I would not be surprised if eventually events in local markets took place simultaneously with SIHH.
I imagine there are brands that will not be swept up in this, either because their watches sell so well that they don’t care, or they are too small and unable to manage the logistics. But for the broader market, especially at the vital and ferociously competitive mid-level luxury segment, there can be no surrender.
– SJX Photos courtesy of Jaeger-LeCoultre
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