Financial

Industry News: Watchmakers at Piaget & Vacheron Constantin Protest Job Cuts

Employee unions rejected the Swiss watchmakers' plans to trim their workforces to cope with the downturn in business.

Industry News: Breitling on the Block

Bloomberg reports that the maker of pilot's watches is up for grabs.

Breaking News: Richemont Revamps Top Management as Profit Slumps

The luxury group abolishes the role of chief executive, promotes the next generation of leaders, while reporting grave half year results.

Richemont Profits Continue to Decline; Forecasts 45% Drop for Half-Year

The luxury conglomerate's results for the first five months of the year continue the grim news.

Swatch Group Half-Year Profit Slumps, But Optimism Reigns

The Swatch Group fared badly in the first half of 2016, with profit hitting the lowest in seven years, though management remains confident.

Breaking News: Swatch Group Half-Year Profit Plunges

The largest Swiss watchmaker announced a sharp fall in sales and 50 to 60 per cent drop in profits for the first half of 2016.

Five Questions with Rene Weber, Veteran Swiss Watch Industry Analyst

A 20-year analyst of the Swiss watch industry outlines his thoughts on the business, and its outlook.

Richemont Posts Weak Results; Watch Buyers Should Be Encouraged

Luxury watchmaking remains weak - not such a bad thing for watch buyers.

Predictions for the Watch World in 2016 (Part 2)

The final instalment of the two-parter on my predictions for 2016 is all about the independents, outlining the whittling down of the field, but also green shoots with affordable, crowdsourced brands.


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