Swiss Watch export value nearly 1,8 billion francs in April

The Swiss Watch export was totally 1775 million francs in April. According to Federation of Swiss Watch Industry the main export countries (HongKong, USA, Japan, China, Singapore and Germany) totalled 932 million francs, up 6,2 %.

– All segments below 3,000 francs (export price) saw steep declines. The reduction in the number of timepieces priced below 200 francs was -23.6%. Watches priced over 3,000 francs remained positive, helping to stabilise the trend in export turnover, the organisation stated in the press release.

The export countries were mixed during the period, while the strongest growth was in the US (+16,8%), Japan (21,2%) and Singapore (18,8%).

– The situation in Europe (-4.3%) was more mixed, with the United Kingdom (+7.2%) exerting less influence on the figures than during the first quarter, according to the press release.

Business Finance

Luxury gift ideas for the Season

Spring season is always the start of the festivity season. Here we have selected some of the best luxury gift ideas for your loved ones for this Mother’s Day and beyond.

The Italian high-design jewellery from Utopia include diamonds, SouthSea Pearls and 18 carat gold in the earrings. The new designed, but still classic, heritage style luxury watch from the Swiss company Carl F.Bucherer, has long traditions. According to company they have limited the production to 888 pieces to celebrate the founding year of the Lucerne company in 1888. The strap is cognac brown calfskin.

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This pearl necklace is made from natural SouthSea Pearls and according to the company these jewelleries are natural products, with no artificial treatment (www.utopia.com).

 

 

 

Design Lifestyle

Utopia: Trendy and modern pearls

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The Italian design-company Gemmindustria Gaia Srl has created comtemporary pearls jewelleries for ladies. This Italian design is manufactured with high-quality and best natural resources.

 

According to Anna Gaia, director in the family company, they have years of experience of the pearls and how to make the best of this natural gem that is unique and as natural as in the sea. The company imports the pearls from the South Sea, North Australian Coast and also from the French Polyneasea.

-It takes about two pears for the pearl to grow in the oyster. And for the Tahiti pearls the time is little less, about 1,5 years. You know, it is good to remember, that pearls are the only natural gem, that is not manufactured later one. We only wash them when we include them in the jewellery, she says.

The Italian company, now at its 3.generation, has about 20 employees in the Milan office and the turnover is about 8-10 million euros. The majority of its jewelleries are exported to Russia.

-Pearls are becomming trendy because of the fashion trends and pearls are also timeless. We are also expanding our business to China, while the Asian heritage is known for its jewelleries and pearls, she continues.

The company brand Utopia has several collections, some are more classical design and some more for comtemporary, daily use. One of the BaselWorld new designs is the collection called Miro, which includes also ancient & brilliant cut diamonds. It is part of the art deco and trendy collection.

Lifestyle

LVMH: Hublot´s sale 250 million watches during the fairs

Jean-Claude Biver, the President of the LVMH´s Watch Division, estimates that  Hublot will sell 250 million watches during the BaselWorld fairs. The event, which is seven days long started on the 21st and they will end next week Tuesday. Biver commented the fairs in the interview in the Basler Zeitung on Saturday.

The event is important for watch manufacturers for two reasons as Biver says: ” Naturally we would like to make turnover, but the direct contact with the customer is also important – and that is why the BaselWorld is a double win for us.”

There has been speculation about the future concept of the BaselWorld after the Swiss Group Swatch decided not to take part in the event. According to Biver, the LVMH Group, which includes watch brands Hublot, Tag Heuer  Bvlgari and Zenith,  has given time to the fairs and their decision to take part in the next year event will be decided next week.

He also critiseses the decision to integrate the Genf Salon de la Haute Horlogerie and Baselworld. According to the decision the two events would both be in April next year, when the Genf event has always been in January.  Biver says that he would like to see both events to take place in January in order to have the full potential of  a calendar year.

 

 

Lifestyle

Hublot to present new Ferrari watch in Basel

Hublot, part of the French LVMH (LVMH) Group,  presented several exceptional new timepieces at Baselworld 2019, including the new Ferrari watch.

– Continuing its long collaboration with Ferrari, Hublot also unveiled the Classic Fusion Ferrari GT, a watch, whose innovative design integrates the new Unico manufacture movement and the dynamic lines of Gran Turismo very high-performance luxury cars, the company says.

According to Hublot this collaboration has also for the first time enabled Hublot teams to fuse their skills with those of the “Centro Stilé Ferrari” design center. This was one fo the new moments with creating new bridges between watchmaking motorization and automotive design.

 

Business Lifestyle Travel

Baselworld2019: New innovations for luxury

It is spring time in Baselworld2019. This year will mark the fairs even more towards innovations and creativity. The global number one place for luxury watches and jewellery is also presenting the best of new innovations but with traditional expertise and knowhow.

The Swiss Watch Industry itself recorded last year a 6,3 % increase in exports and the total turnover was 21,2 billion Swiss francs. So luxury industry matters and it is an essential part of the country’s gross domestic product.

ComteamPUB+ will share with you the best innovations and trends from Baselworld.

Business Lifestyle Tech

Luxury watchmaker Patek Philippe for sale?

 

According to Bloomberg news, the Swiss luxury watchmaker Patek Philippe may be for sale. This 180 year old luxury watch company is valued between 7-9 billion euros by market analysts and it is one of the last biggest independent brands.

Patek Philippe is owned by Stern family and it is one of the innovative brands in the industry still. In 1845 the company patented the keyless winding and hand-setting system. In 1916 Patek Philippe made the first ladies´wristwatch with a five-minute repeater. In 2018 the company introduced the twenty-4 collection for ladies.

The company CEO Thierry Stern said in the Financial Times interview in 2013 that  they aim to keep the production at 50.000 pieces a year in order to keep the quality in the watches. The company headquarter is in Geneva, Switzerland.

Business Lifestyle