After a memorable opening in Zurich, Geneva Watch Days are gearing up for the grand end-of-summer event, which will take place on 29 August to 2 September 2024.
Climate change is having a devastating impact on the world’s coral reefs. According to the Australian Institute of Marine Science, aerial surveys of the Great Barrier Reef Marine Park show 73 per cent of surveyed reefs have what they call “prevalent bleaching”.
LVMH Moët Hennessy Louis Vuitton, the world’s leading high-quality products group, recorded revenue of €41.7 billion in the first half of 2024. Growth continued over the period (2% organic growth) despite a geopolitical and economic environment that remained uncertain.
From 12 to 13 July, the Breitling Squad took part in the Tortour 500, a Swiss ultracycling event. The team included three-time Ironman world champion Jan Frodeno, three-time Grand Tour winner Vincenzo Nibali, Swiss triathlete and Ironman racer Jan van Berkel, as well as leading cyclist Alina Jaeger.
At the beginning of July, Federal Councillor Guy Parmelin undertook an official mission to China, accompanied by representatives of the Swiss business and scientific communities, including the FH. Discussions focused on the need to modernise the free trade agreement and to protect intellectual property and the fight against counterfeiting.
At the end of the first half of 2024, the Swatch Group reported net sales of 3.5 billion Swiss francs, a 10.7% decline compared to the same period last year. For the second half of the year, the watchmaking giant expects a much-improved situation.
On 25 June 2024, LVMH announced the acquisition of Swiza, owner of L’Epée 1839, a Swiss manufacturer of high-end clocks. This takeover is further proof of the LVMH Group’s determination to preserve and develop historic savoir-faire, and to ensure that it is passed on and cultivated over time.
At the end of the first quarter of its 2024-2025 financial year (April to June), despite persistent macroeconomic and geopolitical uncertainties, the Group announced a sales held up well (-1% at actual exchange rates, +1% at constant rates). In all, the company recorded sales of 5.27 billion euros.
To access all the features of this website, you should enable JavaScript on your browser.
Swiss watches enjoy an unrivalled worldwide reputation.
The Swiss watch industry has decided to strengthen the criteria of the Swiss made label.
Buying or selling counterfeit products undermines know-how, finances organised crime, and threatens jobs and innovation.
Download here all national and international standards.
Monthly export statistics, historical data, annual situation worldwide.
Direct access to the official websites of every brand.
Practical information, technical explanations, tips, historical facts, and lots more.
Keep abreast of watch industry news with our magazine. Published fortnightly.
Join the exciting world of Swiss watches.
Free access to 6,000 terms in 3 languages.
Addresses of manufacturers, suppliers and other watch industry institutions.