We're About to See What's Next for Luxury Watches
نوشته شده توسط : Vicky

Since March 2015, exports oftitoni watches for salefrom Switzerland have been steadily declining. In January, the value totaled 1.5 billion Swiss francs, which is down 7.9 percent from precisely the same month a year earlier.

The dampening factors are well-known, starting with the spike in relative value on the franc after Switzerland's central bank changed its policies in January 2015 and stopped pegging its personal currency to your euro. Towards the rest from the world, suddenly Swiss watches became a lot more expensive, while not much within the Swiss manufactures had really changed. Followed by extreme global market uncertainty later inside the year, and China's slowdown, the combined effect was tough for an industry that had previously been on some thing of a roll.

And yet, internationalcartier watches replicaand jewelry brands will gather at Baselworld this coming week in Basel, Switzerland, to show off their wares and try to gin up excitement for the coming year. We've been seeing a trickle of previews from companies large and small, and it seems to be such as the major brands are nevertheless traveling within the exact same trajectories as last year: experimenting with new components, tiptoeing into the smartwatch world, and attempting to excite with new colors and skeletonized faces.

This is since watches take years to develop, and since riffing on past successes is what these brands do best. But journalists, who travel from appointment to appointment over the eight-day fair, will be wondering about the future on the industry. The questions on their lips: Are you going to change your pricing? Are you going to make far more watches at entry-degree price points?

What Is Entry Level?

According to a Federation on the Swiss Observe Industry report (PDF), exports of watches created of gold and other precious metals declined 14 percent in January alone, steel watches and steel alloy watches only declined 9 percent and 6 percent, respectively. The latter could be a bright spot for many watch brands facing a retrenchment among their ultrahigh-net-worth clientele. The introductory luxury timepieces even now have opportunities among the growing Chinese middle class and an American upper middle class that is saving money on gas and enjoying a strong dollar.

Around the flip side, at the very lowest end, exports of watches in the 200-to 400-franc range ($203 to $408) also slumped twelve percent. That's the value range ofcheap piaget watches and comparable smartwatches, which have been giving quartz watches a run for their money.

Regardless of whether the brands will find a sweet spot in terms of selling price, and will evolve while in the face of changing global financial conditions, what we've seen so far from sneak previews is promising in terms of technology and aesthetics. There will be a lot of exciting watches about the market this year. Here really are a few.





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تاریخ انتشار : شنبه 22 اسفند 1394 | نظرات ()
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