×
69 386
Fashion Jobs
CANADA GOOSE
Manager, Marketing Analytics
Permanent · NEW YORK
CROCS
Crocs: Director, Sales
Permanent ·
CROCS
Crocs: Associate Marketing Project Manager
Permanent · BROOMFIELD
URBN
Anthropologie Visual Merchandising Manager
Permanent · SAN JUAN
SACK OFF 5TH
Dvp District Manager, Mid-West (Chicago Based)
Permanent · CHICAGO
SACK OFF 5TH
Dvp District Manager, California
Permanent · LOS ANGELES
SACK OFF 5TH
Dvp District Manager, Northeast (ny, ct, nh, ma)
Permanent · NEW YORK
SACK OFF 5TH
Inventory Control Analyst (Based in ny or nj)
Permanent · NEW YORK
UNDER ARMOUR
Stock Teammate, Part-Time 5am Shift, $15 Per Hour
Permanent · DAWSONVILLE
UNDER ARMOUR
Stock Teammate, Part-Time 6am Shift, $15 Per Hour
Permanent · WICHITA
UNDER ARMOUR
Stock Teammate, Part-Time 5am Shift, $15 Per Hour
Permanent · BARABOO
UNDER ARMOUR
Stock Teammate, Part-Time 5am-10am Shift, $15 Per Hour
Permanent · ASHEVILLE
UNDER ARMOUR
Stock Teammate, Part-Time, $16 Per Hour
Permanent · TULALIP BAY
UNDER ARMOUR
Stock Teammate, Part-Time 5am Shift, $15 Per Hour
Permanent · LINCOLN CITY
TUMI
Women's Buyer
Permanent · EDISON
NIKE
North America Brand Planning Director, Consumer Direct Marketing And Integrated Media
Permanent · Beaverton
NIKE
Information Strategy Project Manager
Permanent · Beaverton
BLOOMINGDALE'S
Asset Protection Visual Security Officer, Part Time - ny 59th st
Permanent · New York
BLOOMINGDALE'S
Asset Protection Detective, Full Time - ny 59th st
Permanent · New York
URBN
Anthropologie Design Director - Furniture
Permanent · PHILADELPHIA
URBN
Anthropologie Design Director - Fabric & Textile Concept
Permanent · PHILADELPHIA
URBN
Free People Associate Merchandise Planner
Permanent · PHILADELPHIA
By
AFP
Published
Mar 5, 2012
Reading time
3 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Watch makers gear up for world's biggest fair

By
AFP
Published
Mar 5, 2012

GENEVA - The world's biggest watch event opens in Basel, Switzerland, this week on the back of a bumper year thanks to Asian demand for luxury timepieces.

Whether this hunger will extend to the expected star of the show -- a $5 million diamond-laden model by Hublot -- is unclear but with 1,815 exhibitors from 41 countries, high-range watch devotees can expect to see something they like.


Baselworld 2011 - Photo: Baselworld

The watch and jewellery event brings together names such as Rolex, Dior and Chopard who will present their most prestigious collections to around 100,000 visitors over eight days.

The watch industry, dominated by the Swiss, has largely been spared the effects of the financial downturn and eurozone crisis which have hurt other sectors.

Swatch, the world's largest watch group, posted record sales of 7.1 billion Swiss francs (5.8 billion euros, $7.4 billion) in 2011 and saw a 18.1 percent jump in net profit to 1.3 billion francs

The Bienne-based giant, owner of numerous brands such as Omega and Tissot, said 2012 had got off to a similarly good start with double-digit growth in January in February, although for the full year the figure is expected to even out to between five and 10 percent.

Group director Nick Hayek said he hoped to create 1,000 new jobs worldwide this year.

The main reason for the healthy business across Swiss brands is Asian demand, according to the Federation of the Swiss Watch Industry.

"After a fantastic year in 2011 -- a new record year for the Swiss watch industry -- the growth will continue in 2012, said president Jean-Daniel Pasche.

"This is mainly down to Asia -- our first market ahead of Europe and America.

"We profit off the general growth of the economy in the region -- there are many people who have the means to acquire a Swiss watch. They find our products very attractive.

"Despite the turbulence I would say that our industry is resisting very well," said Pasche.

"We hope that Baselworld will open in a rather good atmosphere for the Swiss watch industry -- generally speaking we are in a positive mood."

Hublot, a subsidiary of French luxury goods group LVMH, will use the high-profile event to unveil "The $5 million" a watch comprising no less than 1,282 diamonds.

"This is the most precious watch ever created by Hublot and its long-standing partner, Atelier Bunter in Geneva," said Hublot.

The piece is the result of 14 months work, including that of a "master-cutter" from New York who fashioned the largest stones.

The watch will be displayed under very tight security, a company spokeswoman said, and only select Baselworld attendees will even be allowed to view it.

Swiss police only last month revealed they had identified the man responsible for organising a spectacular eight million franc diamond robbery at last year's event.

Thieves made off with a set of four diamonds from a window after distracting booth staff. They have not been recovered.

Investigators believe the heist was the work of an Eastern European group specialising in stealing jewellery and valuable antiques.

An international arrest warrant is out for a 54-year-old Croatian man.

by Lucy Christie

Copyright © 2023 AFP. All rights reserved. All information displayed in this section (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the contents of this section without the prior written consent of Agence France-Presses.