The face of financial crisis, high-end watch industry to return to traditional values

Basel world in the opening day press conference, basel world President jacques j. duchĂȘne said: “We do not know the financial crisis will lead us to where. But I think it is time for the occurrence of these changes. Perhaps because of Nevertheless, we will see the return of traditional values. ”

For the major brands of watches and clocks, the face of financial crisis, their market strategies in the search for a new direction, new opportunities; watches for lovers, this time, they also get more value for money to buy tables opportunities. On the watch and jewelery in this exhibition the week before, Switzerland’s largest watch group swatch group (Table Baorui Group) held in Geneva news conference. “Turnover growth this year is very possible. After several years of steady growth, swatch group net profit in 2008, frustrated, but still more than the total amount of 800 million Swiss francs.” Nick hayek president at the meeting declared that “the current I only worry about the exchange rate changes. because the group to strengthen the market share based on the price refused to consider. “It is understood that, in addition to Omega sales potential is excellent, due to the increase in models and upgrades, the price outside the climbing, swatch group other brand in New pricing has been fixed to stop the annual 15% -20% price increase policy.

“No price is a basic principle”, which is a vice president of China Tiansuo told reporters, but also many other brands the same choice. Some did not join the large group of independent companies such as Howley tabulation, the plum blossom also told this reporter that does not appear as long as the ultra-conventional raw materials prices, there will be no price increases this year, business plans. The world’s top watch brand Patek Philippe watch for this year also launched a number of the rose gold model, and this series are lower than the average price of its original series of platinum and gold section. In addition, some well-known watch brands such as , but also tens of thousands of dollars to launch the value-for-money section of the table.

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