christianch
4118
very interesting thoughts ! what I have seen
from the ground here in Switzerland:
a) A lot of the new buyers of mechanical luxury watches are Chinese. Each boutique will have at least one (sometimes more) Chinese speaking sales assistant.
Now if the financial markets are an indication of what is going on in China (and the latest figures of the drop in export figures from Swiss manufacturers) a sort of crisis
has already started.
b) I agree that the strong brands will continue to stay strong. They have the resources to wait the ups and down of the market. Whilst China will drop a bit other markets
might increase.
c) Moser was founded by well known Swiss entrepreneur (from another industry). It was sold recently to the new ownership (ex-AP CEO I think) but I didn't see -- until now -- something
truly special in their collection beside some new high end pieces like tourbillons.
Very difficult but I think that the new management can stabilise the business and more models, awareness etc. might certainly help.