At its worst, in the first half of 2020, air passenger traffic fell by two-thirds, and global GDP which had tracked between 2.33 and 3.28 per cent in preceding years, flipped the other way to -3.60 per cent. Baselworld was finished when Rolex, Patek Philippe, etc walked out in April, at around the same time that Swiss watch exports fell 62 per cent in value compared to 2019. Thankfully, the rest of 2020 wasn’t so bad and the industry ended the year losing just a bit more than a fifth of its value.
Has the world in 2021 been, as the World Bank described it, “poised to stage its most robust post-recession recovery in 80 years”? Just as we were about to do a wheelie, the Omicron variant has got us by the scruff of our necks, with growth forecasts for major countries including the US, Canada, China, India and Australia significantly downgraded, though there seem to be some bright spots in Europe.
But as sure as spring follows winter, things will change, and likely for the better after bumping against rock bottom. The Swiss watchmaking industry has done a phenomenal job of keeping an anachronistic, mechanical technology relevant and desirable in a digitalised 21st century.
Swiss watchmakers reinvent for the future.
Patek Philippe: The Custodian
Every watchmaking company is a custodian of sorts, each in its own way preserving the wonderful legacy of watchmakers through the centuries. But there is a distinction in scale and consequence, by which measure Patek Philippe is one of the big boys. Even as innovation is crucial, Patek Philippe is the standard-bearer of so much that is cherished of watchmaking that every little step forward must be considered in the light of defining what must not change.
Bu hikaye Robb Report Singapore dergisinin January/February 2022 sayısından alınmıştır.
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Bu hikaye Robb Report Singapore dergisinin January/February 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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Best of the Best - Wine
Lounging in a Maldivian resort, wine-tasting in Bordeaux, putting a sports car through its paces at Sonoma Raceway, curating the best watches from Geneva, perusing the top menswear accoutrements in Milan, testing cutting-edge yachts in Monaco. The life of a Robb Report editor may sound glamorous, but-actually, we can't argue there. Even so, separating the wheat from the chaff is no small task in the luxury realm, since even the chaff can be mighty impressive. In our 36th annual Best of the Best issue, we again offer our assessment of the past year's most exemplary products, places and experiences. And yes, edition number 37 is already underway.
Best of the Best - Travel
Lounging in a Maldivian resort, wine-tasting in Bordeaux, putting a sports car through its paces at Sonoma Raceway, curating the best watches from Geneva, perusing the top menswear accoutrements in Milan, testing cutting-edge yachts in Monaco. The life of a Robb Report editor may sound glamorous, but-actually, we can't argue there. Even so, separating the wheat from the chaff is no small task in the luxury realm, since even the chaff can be mighty impressive. In our 36th annual Best of the Best issue, we again offer our assessment of the past year's most exemplary products, places and experiences. And yes, edition number 37 is already underway.
Best of the Best - Home
Lounging in a Maldivian resort, wine-tasting in Bordeaux, putting a sports car through its paces at Sonoma Raceway, curating the best watches from Geneva, perusing the top menswear accoutrements in Milan, testing cutting-edge yachts in Monaco. The life of a Robb Report editor may sound glamorous, but-actually, we can't argue there. Even so, separating the wheat from the chaff is no small task in the luxury realm, since even the chaff can be mighty impressive. In our 36th annual Best of the Best issue, we again offer our assessment of the past year's most exemplary products, places and experiences. And yes, edition number 37 is already underway.
Best of the Best - Technology
Lounging in a Maldivian resort, wine-tasting in Bordeaux, putting a sports car through its paces at Sonoma Raceway, curating the best watches from Geneva, perusing the top menswear accoutrements in Milan, testing cutting-edge yachts in Monaco. The life of a Robb Report editor may sound glamorous, but-actually, we can't argue there. Even so, separating the wheat from the chaff is no small task in the luxury realm, since even the chaff can be mighty impressive. In our 36th annual Best of the Best issue, we again offer our assessment of the past year's most exemplary products, places and experiences. And yes, edition number 37 is already underway.
Best of the Best - Style
Lounging in a Maldivian resort, wine-tasting in Bordeaux, putting a sports car through its paces at Sonoma Raceway, curating the best watches from Geneva, perusing the top menswear accoutrements in Milan, testing cutting-edge yachts in Monaco. The life of a Robb Report editor may sound glamorous, but-actually, we can't argue there. Even so, separating the wheat from the chaff is no small task in the luxury realm, since even the chaff can be mighty impressive. In our 36th annual Best of the Best issue, we again offer our assessment of the past year's most exemplary products, places and experiences. And yes, edition number 37 is already underway.
Best of the Best - Jewellery
Lounging in a Maldivian resort, wine-tasting in Bordeaux, putting a sports car through its paces at Sonoma Raceway, curating the best watches from Geneva, perusing the top menswear accoutrements in Milan, testing cutting-edge yachts in Monaco. The life of a Robb Report editor may sound glamorous, but-actually, we can't argue there. Even so, separating the wheat from the chaff is no small task in the luxury realm, since even the chaff can be mighty impressive. In our 36th annual Best of the Best issue, we again offer our assessment of the past year's most exemplary products, places and experiences. And yes, edition number 37 is already underway.