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NEWS WATCHES

A Special Visit To Lucerne & The Carl F. Bucherer Watch Manufacture
Watch manufactures, like watches, come in all sorts of shapes and sizes. Their levels of integrity, capability, and quality not only help distinguish one from the other but also add a directly correlated price to the equation, too. I accompanied Patrick B. from L.A. - who got to participate after drawn as the winner of the main prize on our event in late 2019 - on this special trip to Carl F. Bucherer‘s hometown of Lucerne, as well as to its in-house manufacture. Now, with the images and this report, I hope to take you right along with us, behind the scenes of this truly dedicated luxury watchmaker.On a personal note, if I may say, what made this manufacture visit especially fun for me was that Patrick proved himself to be such an outstanding watch-lover, one of the countless among you who truly deserved luck to be on his side and have his name drawn from a ball on that event. Through his eyes and his feedback, as he experienced his very first visit to a Swiss high-end watch manu
Is Slowing Demand For Watches In Asia Finally Causing Job Cuts At Swiss Manufactures?
While the?luxury watch fair Watches & Wonders is running at full throttle in Hong Kong, one needs to take a step back to understand how markets in China and other places around the world are affecting the watch market and causing it to adapt and evolve. Even in Hong Kong, strong?pro-democracy protests have been under way, in what some refer to as “the worst unrest since the territory’s 1997 handover from Britain,” according to Reuters. At the same time, news released from TAG?Heuer (the largest watch company in the LVMH luxury conglomerate) announced earlier this week it is cutting jobs in its watch manufacturing facilities. We believe that this news is strongly linked to the?slowing demand from?the “Asian watch capital,” and China overall.According to official Swiss statistics, Hong Kong alone accounted for?nearly 20% of all Swiss watch exports in value, more than the USA and Germany combined-and with that in mind, it is easy to see why this has been