BRUSSELS (dpa-AFX) - The Switzerland stock market ended notably lower on Thursday after spending much of the day's session in negative territory, as traders largely stayed wary of creating fresh
At Patek Philippe, Sometimes Fame Just Isnât Enough
Fans have been willing to wait years for a Nautilus Ref. 5711, but the company still decided to discontinue it. Will a surprise final series be any solace?
Patek Philippe recently shook up the watch world when it was learned that the brand was discontinuing the Nautilus Ref. 5711/1A-010, a steel model that collectors consider a trophy timepiece.Credit.Michael Buholzer/Agence France-Presse â Getty Images
By Nazanin Lankarani
Feb. 10, 2021
Then you see an Instagram post from a Patek fan questioning whether the model is being discontinued.
It turns out to be true. And suddenly the watch that you had expected to buy new for around $33,700 is available only on the secondhand market, selling for as much as $180,000. You would likely be surprised, unhappy â even angry.
nd volume of the Advances in Strategic Management series. The book, which I co-edited, is the first systematic survey of the interface between style and strategy. It offers insights into, among other things, how producers make style choices as well as how consumers and other audiences evaluate and react to those choices.
In Chapter 2, my co-authors and I detail our findings on the topic vis-à-vis the world of high-end timepieces. Laypersons (such as consumers) and professionals (such as watchmakers, journalists and museum curators) have different appetites for aesthetics. It follows that a key strategic challenge for firms is how to calibrate their product portfolio aesthetics to please both groups. This is an intricate balancing act in other industries, too, as managers try to harness aesthetics to win over audiences with diverse sensibilities amid the rise of
Swiss Exports Fall In December Switzerland’s exports declined in December, data from the Federal Customs Administration showed on Thursday.
Exports decreased by a real 6.4 percent month-on-month in December, after a 5.6 percent growth in November.
Imports declined 6.7 percent monthly in December, after a 4.7 percent rise in the previous month.
In nominal terms, exports fell 6.1 percent in December and imports decreased 7.1 percent.
In 2020, the trade surplus increased to CHF 43.0 billion from CHF 37.2 billion in 2019. Exports declined by a real 11.0 percent and imports fell 13.6 percent.
In nominal terms, exports decreased 7.1 percent in 2020 and imports dropped 11.2 percent.
Both exports and imports declined for a second consecutive year and to the lowest in the survey history due to the COVID-19 pandemic, the agency said.
Swiss Market Ends Weak Despite Coming Off Day s Lows
BRUSSELS (dpa-AFX) - Save for a few minutes in the final hour, the Switzerland stock market stayed in negative territory on Thursday as investors remained reluctant to make significant moves amid uncertainty about the near term direction.
Data showing a drop in Swiss exports, and persisting worries about growth due to rise in coronavirus cases and lockdown restrictions weighed on stocks.
The benchmark SMI ended lower by 54.42 points or 0.5% at 10,849.82. The index, which slipped to 10,712.78 earlier in the session, briefly moved into positive territory to 10,918.36 before drifting lower.
Lonza Group declined by about 3.3%. Swisscom drifted down by about 3% and Alcon ended lower by 1.5%. Novartis, Nestle and Roche Holding lost 0.8 to 1.2%.