Ever been curious as to who the biggest players in luxury watchmaking are? Morgan Stanley and LuxeConsult have the answers.
According to the report, watch export figures published by the Federation of the Swiss Watch Industry saw figures reach an all-time high of CHF 22.3 billion. Most of that was just wristwatches, and by most, I mean CHF 21.2 billion of it was due to wristwatches.
The report also shows that the industry has returned to a pre-Covid level of sales. Exports are up 31.2% compared to 2020 and are actually 2.7% higher than 2019. Luxury just didn’t get hit by the pandemic the same way everything else did.
A fun little titbit is that Audemars Piguet has for the first time since the report was first published, overtaken Patek Philippe. AP turned over CHF 1.58 billion in 2020 while Patek Philippe turned over CHF 1.53 billion.
Anyway, here’s the list:
4. Audemars Piguet
6. Patek Philippe
7. Richard Mille
10. TAG Heuer
13. Vacheron Constantin
16. Officine Panerai
17. Van Cleef & Arels Watches
Check out the report for more information.
For more watch news, check out why buying a Rolex might be a better investment than gold.
When you think of ‘The Matrix,’ what comes to mind? Epic bullet time sequences, trippy visuals, and flowing trench coats may be your first thoughts, but ‘Slumdog Millionaire’ director Danny Boyle is looking to add singing and dancing to that list.
It’s ‘Inherently Un-Franchisable’: ‘Jurassic World: Dominion’ Director Says ‘Jurassic Park’ Should Have ‘Probably’ Stuck To One Film
‘Jurassic World: Dominion’ director, Colin Tevorrow, suggested that there was no where to go after the first ‘Jurassic Park.’
Have you ever been in such a cheerful mood that nothing could ruin your day? Or maybe you just need a happy reminder that it isn’t all bad? Look no further than the RM 88 Automatic Tourbillon Smiley, the happiest watch around.
James Buckley who became famous for his portrayal of Jay Cartwright in The Inbetweeners, has continued his career in an unexpected way.
This one-off Audemars Piguet Royal Oak is going to auction to raise money for One Drop, a clean water charity.
Gunna was arrested in May alongside fellow rapper, Young Thug, in a larger YSL gang indictment. Recently, Gunna and his lawyers have filed another bond motion for his release.