The Limited Times

Now you can see non-English news...

Can speculation kill time?

2021-12-06T11:59:14.919Z


CHRONICLE - After contemporary art, watches? When some invest in the most beautiful contemporary watches, it is not for the love of the art of watchmaking.


So far, so good.

More than good, even, so much the watch industry has not only, it seems, erased the trough of 2020, but also achieved in 2021 sales higher than those of 2019. After being suspended, the art of time which passes is well and truly started again.

After all, hasn't he survived it all until then?

To religious conflicts, which once brought so many watchmaking talents to seek refuge in Switzerland.

Closer to home, to the wave of quartz and Japanese watches, which almost buried mechanical watchmaking forever.

It took the courage and vision of a few, such as Nick Hayek, founder of the Swatch Group, to prevent this and rebuild a Swiss made watch industry, with the success we know.

It was also sometimes necessary that the price of watches survived the temptation of money laundering through exaggerated auctions interposed.

A danger that has not entirely disappeared, if we are to believe certain results

This article is for subscribers only.

You have 80% left to discover.

To cultivate one's freedom is to cultivate one's curiosity.

Continue reading your article for € 1 the first month

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All news articles on 2021-12-06

You may like

Trends 24h

News/Politics 2024-04-15T09:22:24.098Z

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.