Swiss Watchmakers Fear Counterfeits Will Damage Industry
For the Swiss watchmaking industry it’s the best of times—and the worst of times.
“Swiss watch manufacturers have never had it so good, especially the major prestigious brands,” says veteran Swiss watch executive Jacques J. Duchêne, president of the Exhibitors’ Committee of BaselWorld, the international trade show in Basel, Switzerland, the world’s largest watch and jewelry show. “2006 was a record year in every respect,” for the third consecutive year.
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Loading ...SIHH Expects 13,000 Visitors; Honors Women and Watches
The 17th annual “Salon international de la Haute Horlogerie,” in Geneva, Switzerland opened Monday and runs through Saturday.
Watch industry professionals travel from around the world to attend this invitation-only seven-day fair, which brings together 16 prestigious luxury brands. Most are owned by the Richemont Group; others are well-known independents. They include A.
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'Omegamania' Auction Sets Records in Geneva, Basel
“Omegamania,” the auction of 300 rare Omega watches in Geneva, Switzerland, generated more than 6.5 million Swiss francs (almost $9 million), selling all 300 lots for three times their presale estimates. The auction, held Saturday and Sunday, had generated great interest among watch collectors and enthusiasts around the world. It was organized by Antiquorum, the leading horological auctioneers and was the first thematic sale devoted solely to Omega.
Several world records, including the highest price ever paid at auction for a self-winding wristwatch, were set.
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