Overview
- The Watches and Wonders 2025 event in Geneva features 60 brands, including new participants like Bvlgari, and runs from April 1 to 7.
- Luxury watch exports have declined, with February 2025 showing an 8.2% drop in value and a 25% decrease in sales to China compared to the previous year.
- Brands are emphasizing innovation, premium designs, and craftsmanship, with major releases from Rolex, Cartier, and Richemont's portfolio of brands.
- Emerging consumer demographics, such as women and Gen Z, are influencing the market with preferences for value, sustainability, and secondhand purchases.
- The industry is focusing on unification and collaboration, with larger brands supporting smaller players to navigate economic volatility and geopolitical risks.