2024 was a year of very marked contrasts for the Swiss watchmaking industry, both in terms of trends in its main markets and the performance of key actors in the sector.
TAG Heuer returns to Formula 1. A loyal fan of motor racing, the brand has taken on the role of partner and official timekeeper, continuing its association with this sporting environment that is so much a part of its history. The Maison was the first luxury brand to have its logo appear on a Formula 1 car in 1969 and the first to sponsor a team in 1971.
Based in La Neuveville on the shores of Lake Biel/Bienne, Capsa has been a well-established name in watchmaking subcontracting for90 years, as well as a 100% Swiss made benchmark in the machining, assembly and finishing of metal components for the watch industry. This anniversary marks a wealth of unique industrial expertise and continued growth.
The Group’s third quarter ended 31 December last year, with sales up 10% at constant and real exchange rates. At 6.2 billion euros, quarterly sales are the highest ever recorded.
Richard Mille is proud to announce a multi-year partnership with The Museum of Modern Art in New York, one of the most influential institutions in international contemporary art. Founded in 1929, the famous Museum has long been a trailblazer in recognising and showcasing new forms of artistic expression, connecting people from around the world to the art of our time.
Designer Samuel Ross defines his artistic perspective by developing particularly architectural lines. Founded the same year he won the Hublot Design Prize, his European studio named SR_A has enabled him to develop a new vision for luxury products.
At the end of September 2024, the number of employees in the Swiss watch industry was still very slightly up on the same period the previous year, supported by the growth recorded at the end of 2023 and the sector’s resilience in the face of a complex economic environment. Nonetheless, persistent uncertainties point to a more difficult 2025.
Omega has presented the new Speedmaster Pilot. Inspired by the collection’s first model unveiled in the 1950s, this creation continues to perpetuate the rich heritage of the aviation world. Beginning in World War II, the Biel/Bienne-based brand delivered more than 110,000 watches to Great Britain’s MoD to support its Air Force and Navy pilots during service.
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