Stay updated with breaking news from Thierry stern. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Swiss Watch CEOs From Patek to Oris See Slowdown After Boom businessoffashion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessoffashion.com Daily Mail and Mail on Sunday newspapers.
The comments mark an early indication that the luxury watch sector may be cooling after demand and Swiss exports surged to record levels close to 25 billion Swiss francs (€25.3bn) during the pandemic.
While the edition was effervescent thanks to some 43,000 visitors, watchmakers doubled down on identity and iconic designs in a display of cautious optimism.
Patek Philippe, the ultra-luxury watch brand, hasn't introduced a new watch in almost 25 years — but all of that is set to change, a company executive said at the Watches and Wonders fair.
Patek Philippe Looks Beyond Nautilus and a Prototype Is Ready businessoffashion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessoffashion.com Daily Mail and Mail on Sunday newspapers.