Last updated on November 8, 2019
The Grand Prix D’Horlogerie is your opinion industry’s equivalent of the Oscars, observing the top timepieces from all over the world.
From diamond-encrusted showstoppers into the most mechanical and intricate creations, there is a great deal to admire.
“There’s a great deal of technicity, there’s a good deal of invention, a great deal of attractiveness, a great deal of fire from the watch business,” states Raymond, Grand Prix d’Horlogerie de Geneve.
It frequently takes a large number of hours of painstaking work by trained artisans to earn expensive watches such as these.
One bit plug in an atomic clock that automatically corrects the moment.
Nevertheless, the greatest prize of the night moved into a more affordable device – that’s if you’ve got $137,000 to spare.
“Cash isn’t part of the equation,” states Francois-Herny Bennahmias, CEO in Audemars Piguet. “So yes you will find amazing watches with mad rates and they’re worth it, of course, and we make pricey watches, but ultimately what matters is if we could activate emotion in what we do?”
However, nine and a half million kilometers off in Hong Kong issue is brewing for the business.
The Chinese-controlled area accounts for approximately 10 percent of international luxury watch revenue but shoppers have predicted a time-out while the pro-democracy protests rumble on.
So the more powerful brands such as Bulgari being quite global cancel the Hong Kong decrease by so many different destinations in which the tourists are still moving,” explains Jean Christophe-Babin CEO in Bulgari.
Watch manufacturers are expecting this strategy will keep the company ticking along.
And while sales of smartwatches, like the ones from Apple’, are anticipated to outpace their conventional counterparts, watchmakers in Geneva consider their goods will always be in demand.