This year’s Watches and Wonders fair in Geneva is highlighting the thinnest and most complex watches in the world, as well as other luxury timepieces. Despite a challenging economic climate and a general squeeze on consumer spending, watchmakers are showcasing their most extravagant creations in the hopes of attracting buyers. Elie Bernheim, CEO of Raymond Weil, notes that there is a high demand for timepieces in the €1,000 to €3,000 price range, where consumers are seeking elegant and refined watches. The fair is set to open its doors for three days in April, extending from two days the previous year.
The luxury Swiss watch industry faces challenges as consumer spending is constrained, but this has not deterred watchmakers from displaying their most exquisite and intricate timepieces at Watches and Wonders. The fair in Geneva features some of the thinnest and most complicated watches in the world, appealing to collectors and enthusiasts. While the economic climate remains uncertain, the CEO of Raymond Weil believes that there is still a significant demand for watches in the €1,000 to €3,000 price range. This segment caters to consumers looking for elegant, refined timepieces.
Watches and Wonders 2024 in Geneva is set to showcase the latest creations from top watchmakers, including the thinnest and most complex watches in the world. Despite economic challenges and limited consumer spending, the luxury watch industry continues to innovate and create high-end timepieces to attract buyers. The CEO of Raymond Weil emphasizes the importance of finding the right price point to cater to consumer demand, noting that there is a high interest in watches ranging from €1,000 to €3,000. The fair is expanding to three days in April, providing more opportunities for attendees to explore and purchase luxury watches.
The Watches and Wonders fair in Geneva is a platform for watchmakers to display their most extravagant and sophisticated creations. This year’s event features some of the thinnest and most complicated watches in the world, showcasing the innovation and craftsmanship of the luxury Swiss watch industry. Despite economic uncertainties and consumer spending constraints, watchmakers are optimistic about attracting buyers with their high-end timepieces. The CEO of Raymond Weil highlights the demand for watches in the €1,000 to €3,000 price range, where consumers are seeking elegant and refined designs.
Watches and Wonders 2024 is set to open its doors in Geneva for three days, extending from two days the previous year. The fair will offer attendees the opportunity to explore and purchase the latest creations from top watchmakers, including the thinnest and most complex watches in the world. Despite challenges in the luxury watch industry, including economic constraints on consumer spending, watchmakers are confident in the appeal of their high-end timepieces. The CEO of Raymond Weil emphasizes the importance of finding the right price point to cater to consumer demand, particularly in the €1,000 to €3,000 price range where there is a high level of interest.
