{"id":81738,"date":"2022-04-06T15:39:27","date_gmt":"2022-04-06T13:39:27","guid":{"rendered":"https:\/\/test2023.luxus-plus.com\/?p=81738"},"modified":"2023-08-22T12:19:39","modified_gmt":"2023-08-22T10:19:39","slug":"the-luxury-journals-the-editorial-by-claire-domergue-a-two-speed-watch-market","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/the-luxury-journals-the-editorial-by-claire-domergue-a-two-speed-watch-market\/","title":{"rendered":"[The Luxury Journals] The editorial by Claire Domergue : A two-speed watch market"},"content":{"rendered":"

The global pandemic in 2020 led to repeated containment measures, causing temporary closure of stores and a halt in global tourism.<\/h4>\n

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Many sectors suffered, such as the Swiss watch industry, which has since seen a solid recovery to pre-pandemic financial levels, driven by China and the United States. The health crisis has nevertheless highlighted disparities between a few independent brands that currently dominate the market and the rest of the industry. Patek Philippe, Rolex, Audemars Piguet and Richard Mille – the four major independent brands in the industry – account for 55% of the profits of the luxury watch industry, and are creating a gap with the rest of the industry, developing a two-speed market.<\/p>\n

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Indeed, the very high end of the market, in other words watches sold for more than 7,500 francs, stand out with a greater progression and an increase in exports, leaving the entry and mid-range on the sidelines.<\/p>\n

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As a result, the emblematic models of these four watchmaking companies have become highly coveted investment objects for collectors, resulting in a scarcity of supply and a surge in prices for the second-hand market<\/p>\n

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You are reading an editorial published in the special Geneva Watch Week 2022 issue of Luxury Journals by Luxus Plus – #3<\/strong><\/p>\n

Read the issue
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Read also > [THE LUXURY JOURNALS] JEAN-CHRISTOPHE BABIN (BVLGARI): \u00abI AM PROUD THAT AN ITALIAN COMPANY HAS MANAGED TO REINVENT SWISS WATCHMAKING\u00bb<\/a><\/p>\n

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Featured Photo : \u00a9 Luxus Plus<\/p>\n

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The global pandemic in 2020 led to repeated containment measures, causing temporary closure of stores and a halt in global tourism.<\/p>\n","protected":false},"author":39,"featured_media":81752,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"[The Luxury Journals] The editorial by Claire Domergue : A two-speed watch market - Luxus Plus","_seopress_titles_desc":"The health crisis has nevertheless highlighted disparities between a few independent brands that currently dominate the watch market and the rest of the industry.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"none","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"both","_seopress_redirections_param":"","_seopress_redirections_type":301,"_seopress_analysis_target_kw":"Bvlgari,The luxury Journals,special geneva watch week","footnotes":""},"categories":[22474],"tags":[22394],"class_list":["post-81738","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-editorial","tag-focus-en"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/81738","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=81738"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/81738\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/81752"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=81738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=81738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=81738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}