RETAIL MARKET

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RETAIL MARKET

Swiss retailer Les Ambassadeurs appoints a new CEO

Swiss retailer Les Ambassadeurs appoints a new CEO

Philipp Budiman is the new CEO of Swiss retailer Les Ambassadeurs and of its sister company Watches of Switzerland. He previously served as CEO of (...)

Watch retailers: strategies for dealing with the pandemic

Watch retailers: strategies for dealing with the pandemic

REPORT

With international travel halted, the absence of tourist customers has been keenly felt by the watch retail trade. Without this category of buyers, many (...)

Omega opens a new “immersive” boutique at Zurich Airport

Omega opens a new “immersive” boutique at Zurich Airport

The Circle is the new must-see destination for business and lifestyle at Zurich Airport. Alongside the host of gastronomic, event and shopping venues, the (...)

The watchmakers that define the Geneva panorama

The watchmakers that define the Geneva panorama

BEHIND THE SCENES

Anyone who has travelled to Geneva for the SIHH or another watch-related event will have noticed them. Appearing as early as the 1930s and prized by watch (...)

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China: introducing the dominant players in watch distribution

China: introducing the dominant players in watch distribution

RETAIL

Often originating from Hong Kong, the continent’s watchmaking hub, giant groups have formed to organise the emergence of multiple points of sale in the (...)

Trade in an Apple Watch for a traditional watch

Trade in an Apple Watch for a traditional watch

TROVERIE

The ubiquitous Apple Watch is becoming the new standard timepiece of the 21st century. And while its market share continues to grow, some people believe (...)

Germany: new distributor for Ice-Watch

Germany: new distributor for Ice-Watch

RETAIL

The Belgian brand enters into a new contract with the ILG Group for the distribution of its watches on the German market.

Watchdreamer: the leasing formula

Watchdreamer: the leasing formula

E-COMMERCE

Paying in monthly installments is already standard practice in the automotive industry. In Switzerland, a startup now offers to buy watches on credit. The (...)

Mexico: an unconventional watch market

Mexico: an unconventional watch market

LATIN AMERICA

The country is undoubtedly Latin America’s giant in terms of luxury watches consumption, clearly ahead of Brazil or Argentina. It is an important market for (...)

In Pakistan, watchmaking follows geopolitics

In Pakistan, watchmaking follows geopolitics

MEGACITIES & HUBS

It is hard to put an accurate figure on the population of the biggest cities in the world. What we do know is that most of them are in developing (...)

WatchBox: when a retailer successfully goes digital

WatchBox: when a retailer successfully goes digital

PRE-OWNED

Danny Govberg is the heir to an illustrious family of Philadelphia watch retailers. In just a few years, the American has shaken up his business model to (...)

A new e-retail formula in the United States

A new e-retail formula in the United States

DISRUPTION

An expert of the American watch retail network has come up with a system where brands and representatives could finally cooperate in terms of online sales. (...)

“The second-hand market is the new China”

“The second-hand market is the new China”

E-COMMERCE

As additional evidence of the growth of the pre-owned watch market (thanks largely to the internet), several Swiss watch manufacturers, including Zenith (...)

The case against flagship stores

The case against flagship stores

OPINION

Of course, Apple is very successful at running their own stores. However this does not mean that every other brand, even a close competitor like Samsung, (...)

Pure Play or Pure Pain?

Pure Play or Pure Pain?

THE MYTHS OF COMMERCE (PART 2/5)

In part 1 of my essay, I might have had you believe that I do not like e-commerce!? Just to be clear…Everybody who has something for sale should consider an (...)

Online exclusivity: will luxury brands win this war?

Online exclusivity: will luxury brands win this war?

E-COMMERCE

Producers of high-end goods recently won an important case before the European Court of Justice. The latter banned retailers from selling products on third (...)

BrandCloud and the omnichannel model

BrandCloud and the omnichannel model

RETAIL

This is an ambitious project, almost frightening by its scope. But it is worth a closer look, since its ultimate aim is to create a simple and effective (...)

What the heck does that damn consumer want?

What the heck does that damn consumer want?

THE MYTHS OF COMMERCE (PART 1/5)

We are at a turning point in the history of retail. Many youngsters propose new models they deem “customer-focused” in the digital age. But their focus has (...)

Farfetch: the online retail giant targets China

Farfetch: the online retail giant targets China

AN INTERVIEW WITH JOSÉ NEVES

Currently the largest online luxury fashion retail platform in the world, Farfetch has been revolutionising the online luxury shopping experience since its (...)

United Arab Emirates, oversupply?

United Arab Emirates, oversupply?

2017: -4.1%

The hub for luxury watches in the Middle East has been met with challenging times these last three years. Basically, there is too much supply, with the (...)

An interview with Eva-Kim Wempe

An interview with Eva-Kim Wempe

GERMANY

An interview with Eva-Kim Wempe, CEO of Wempe watch retailer

Bulgari's cabinet of curiosities

Bulgari’s cabinet of curiosities

RETAIL

The Italian jeweler and watchmaker has opened a new concept store in Rome, next to its more than hundred-year-old historic boutique of Via Condotti. The (...)

Les Ambassadeurs: the “doors” concept

Les Ambassadeurs: the “doors” concept

RETAIL

“From the beginning we had a very clear strategy and positioning as a multibrand retailer."

“The enemy we have to beat is the online grey market”

“The enemy we have to beat is the online grey market”

RETAIL REPORT

“It’s crucial to go digital, and the watch brands have to start engaging with it now or things are going to get very complicated." sinon cela va devenir (...)