Swatch Group No Longer The Supermarket To The Watch Industry
High-end brands will be searching for alternative suppliers now that Swatch Group has decided to lower the watch part supplies to rival watchmakers. For decades Swatch has served as one of the main suppliers, providing as much as 80% of Swiss movements and their Nivarox arm, which dominated the market for oscillating parts and escapement (the heart of a watch’s mechanism).
Many of the brands at the Geneva watch fair said they are confident they would survive the groups decision, while others implied there would be tough times ahead. Some of the small exclusive brands will have no problem finding alternative suppliers because of the small quantities and high retail prices, others would have to make large investments and hire more employees to compensate for the shortage of parts.
READ THE FULL ARTICLE ON HAUTETIME.COM
Like Haute Time? Join our Facebook page or follow us on Twitter @hautetime
Related Articles
Franciacorta Celebrates Italian Excellence With An Exclusive Evening In Miami
Luxury is increasingly defined by authenticity, craftsmanship, and meaningful experiences, qualities that have long been at the heart of Franciacorta, Italy’s premier sparkling wine denomination. Bringing that philosophy to one of America’s most dynamic cultural destinations, Franciacorta recently hosted an intimate dinner at the iconic Delano Miami Beach, welcoming a select group of tastemakers, entrepreneurs, […]
The Haute Guide to a Luxury Ranch Vacation in the Pacific Northwest
With upscale accommodations, endless activities, and a sprawling desert backdrop, Brasada Ranch awaits.Â
For An Ultra-Luxe Hamptons Escape, Stay at Montauk Yacht Club
With superyachts and serene water as its backyard, Montauk Yacht Club is the place to stay.
Why You’re Burned Out and It’s Not Because You Work Too Much
Discover why burnout is often caused by values misalignment, internal pressure, and workplace culture rather than workload.
Why Concierge Travel Service Outshines Online Booking Platforms
Discover why travel advisors like Adventure Life help travelers navigate complex itineraries, expedition cruises, and custom adventures.
The Velvet Trap: The 2026 Los Angeles Med Spa Guide to Elite Injectables
Discover the top Los Angeles medical spas and aesthetic clinics for Botox, fillers, skin tightening, and luxury beauty in 2026.
Latest Stories
Trending Articles
Related Articles
Franciacorta Celebrates Italian Excellence With An Exclusive Evening In Miami
Luxury is increasingly defined by authenticity, craftsmanship, and meaningful experiences, qualities that have long been at the heart of Franciacorta, Italy’s premier sparkling wine denomination. Bringing that philosophy to one of America’s most dynamic cultural destinations, Franciacorta recently hosted an intimate dinner at the iconic Delano Miami Beach, welcoming a select group of tastemakers, entrepreneurs, […]
The Haute Guide to a Luxury Ranch Vacation in the Pacific Northwest
With upscale accommodations, endless activities, and a sprawling desert backdrop, Brasada Ranch awaits.Â
For An Ultra-Luxe Hamptons Escape, Stay at Montauk Yacht Club
With superyachts and serene water as its backyard, Montauk Yacht Club is the place to stay.
Why You’re Burned Out and It’s Not Because You Work Too Much
Discover why burnout is often caused by values misalignment, internal pressure, and workplace culture rather than workload.
Why Concierge Travel Service Outshines Online Booking Platforms
Discover why travel advisors like Adventure Life help travelers navigate complex itineraries, expedition cruises, and custom adventures.
The Velvet Trap: The 2026 Los Angeles Med Spa Guide to Elite Injectables
Discover the top Los Angeles medical spas and aesthetic clinics for Botox, fillers, skin tightening, and luxury beauty in 2026.
Subscribe to Haute Living
Receive Our Magazine Directly at Your Doorstep
Embark on a journey of luxury and elegance with Haute Living magazine. Subscribe now and have every issue conveniently delivered to your home. Experience the pinnacle of lifestyle, culture, and sophistication through our pages.
Haute Black Membership
Your Gateway to Extraordinary Experiences
Join Haute Black and unlock access to the world's most prestigious luxury events