WATCH MARKETS

Europa Star

WATCH MARKETS

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Consumer optimism despite a weak dollar

Consumer optimism despite a weak dollar

If wishes and hopes could make it so, the American watch market would be back up and running at full speed. Unfortunately, it's (...)

Italy holds its breath

Italy holds its breath

Italy holds the fourth place in world markets for Swiss Made watch exports, after the USA, Hong Kong, and Japan, but before France, (...)

Special Market Focus - Russia / The Russian watch industry (PART III)

Special Market Focus - Russia / The Russian watch industry (PART III)

The beginning of the Russian love affair with horology dates back to 1404 when the first chiming clock was built into the Kremlin tower in Moscow by a (...)

Special Market Focus - Russia / The Russian economy (PART II)

Special Market Focus - Russia / The Russian economy (PART II)

A decade after the implosion of the Soviet Union in December 1991, Russia is still struggling to establish a modern market economy and achieve strong (...)

Special Market Focus - Russia / Revolution in evolution (PART I)

Special Market Focus - Russia / Revolution in evolution (PART I)

Russia has seen a few revolutions in its time – not least Lenin’s October Revolution and Mikhail Gorbachev's program of economic, political, and (...)

Group Portraits

Group Portraits

It is an undisputed fact: watchmaking has undergone major transformations over the last five years. The phenomenon of mergers and takeovers that has (...)

The Watch Culture in Rumania (Part II)

The Watch Culture in Rumania (Part II)

The observations cited in the previous 'Letter from Rumania' (see Europa Star 4.03) on the perception of Swiss watches and others in Rumania, (...)

Important watch producing nations

Important watch producing nations

When we look at export figures for the Swiss watch industry by country, we make a surprising observation. The nations to which the Swiss industry (...)

The Watch Culture in Rumania

The Watch Culture in Rumania

PART 1

The lack of a watch culture is obvious in Romania, and not only among ordinary people… Before 1989, stores in Rumania were full of watches from the (...)

Retrospective-Perspective: The Watch Industry 2002/2003 - the year of the great ‘clearance sale'

Retrospective-Perspective: The Watch Industry 2002/2003 - the year of the great ‘clearance sale’

The year 2002, which the entire world worried about, apparently ended on a better note than it began. The last three months registered good results, which (...)

Germany 2002 Rising Waters and Decreasing Turnovers

Germany 2002 Rising Waters and Decreasing Turnovers

Last year (2002) was hard for Germany's watch and jewellery retail business. But not only shopkeepers were struggling through another year of (...)