Swiss watch exports made further gains in July 2017, growing 3.6% to CHF1.7 billion as compared to the same month in 2016. This was the third consecutive month of growth for Swiss watch exports, according to the Federation of the Swiss Watch Industry.
Swiss watch exports had been on a long and steep decline for some 21 months before achieving a recovery in March 2017 with the 7.5% growth to CHF1.59 billion as compared to the same month in 2016. Watch shipments to Hong Kong in March 2017 recorded a positive growth of 18% after 25 months of consecutive declines.
Swiss watch shipments to Hong Kong were still down by a quarter or 25.4% from January to July 2017 as compared to the same period in 2015. However, between January 2017 to July 2017 vis-à-vis the same period in 2016, Swiss watch exports to Hong Kong rose 2.9% to CHF1.4 billion. For the month of July 2017 alone, watch shipments to Hong Kong rose 16.8% to CHF204.8 million as compared to the same period in 2016. Analysts have cautioned that such data may not be entirely accurate due to seasonal effects and that inventory that has been “bought back” are not taken into account.
Nonetheless, such a positive economic backdrop for Swiss watch exports may bode well for the eighth World Brand Piazza hosted by Prince Jewellery & Watch Company at the Hong Kong Watch & Clock Fair 2017.
Connected to the instance is among Jaquet Droz’s most outstanding rolled alligator straps in a deep blue to coordinate with the aventurine on the dial. What I really like about the polished leather look is that there is not any stitching on the surface, which I happen to not like in many cases – particularly on more formal or dress watches. Limited to only 28 pieces, I’m rather fond of the pretty looks of the ref. J013014270 Jaquet Droz Grande Seconde Tourbillon Aventurine watch. My only remaining question is whether it would find a place in my wrist… and to that I said “possibly on the ideal night and under the right sky” (wow, that came out so French!) . He irony of the Jaquet Droz Grande Seconde Quantieme watch was that it was initially released in steel, as a lower-priced model for its high-end brand. For 2014, Jaquet Droz releases some new versions of the this “calendar” (quantieme) variant of its Grande Seconde watch in gold as well as with enamel dials.More so, the 2014 Jaquet Droz Grande Seconde Quantieme Ivory Enamel watches feature brand new moves which Jaquet Droz will use to help differentiate their timepieces. Jaquet Droz is part of the Swatch Group and received high-end moves from the group, but beginning with this new group, the moves will be a lot simpler with improved specs and a better visual aesthetic.So allow me to begin by discussing the movements used at the Jaquet Droz Grande Seconde Quantieme Ivory Enamel watches. The larger and smaller diameter versions of the watch will have the identical movement, which will have a automatic rotor in a metal to match the case (either 18k red or white gold). The movement is the Jaquet Droz grade 2660Q2. P automatic using a silicon hair spring and double power reserves. The ribbon is impressively nice and the work on the automated rotor is very fantastic. This is really the leadership Jaquet Droz had to go so as to help position not their designs, but their moves for the luxury customer.
World Brand Piazza entrance © Timmy Tan
Held from 5th to 9th September 2017, the World Brand Piazza has been organised by Prince Jewellery & Watch Company since 2010. It showcases important timepieces from major international brands. For the 2017 edition, the eighth show for Prince Jewellery & Watch Company, thirteen watch brands are participating: Blancpain, Breguet, Chopard, Corum, DeWitt, Franck Muller, Glashutte Original, Jacob & Co., Jaquet Droz, Juvenia, Montblanc, Piaget and Zenith. With Swiss watch exports back into positive territory, thirteen may not be such an unlucky number after all.
The key highlights for the World Brand Piazza are unique timepieces, namely the Billionaire Tourbillon Watch that is being retailed at HKD160 million (around USD20.4 million) and the Astronomia Solar Tourbillon priced at HKD2.8 million (around USD357,800), both of which are from Jacob & Co.
Jacob & Co.’s Billionaire Tourbillon Watch features 239 emerald-cut diamonds, including one single three-carat stone, with the total weight amounting to a whopping 260 carats. The Astronomia Solar Tourbillon Watch has a 3D model simulating the Moon’s revolution around planet Earth.
Billionaire Tourbillon Watch by Jacob & Co. © Timmy Tan
Founded in 1984 by Dr Jimmy Tang, Prince Jewellery & Watch Company’s first retail shop was located at Hankow Centre, Tsim Sha Tsui in Hong Kong. In 2016, in the midst of all the doom and gloom facing the watch industry, especially in Hong Kong, Prince Jewellery & Watch Company had in July 2016 officially opened two new branches in the shopping hub of Yuen Long. The shops are located in Yuen Long Plaza and Yuen Long Castle Peak Road in the New Territories. Prince Jewellery & Watch Company currently has 16 branches across Hong Kong, Mainland China and Macau.
Dr. Emily Tang and Dr. Jimmy Tang © Timmy Tan