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
Haute Brand Alert: With Nothing Underneath has Mastered the Art of Shirting
Inside With Nothing Underneath, Pip Durrell shares effortless shirt styling, British inspiration, and building a modern wardrobe staple.
Haute Living Takes The Carpet at Premio Lo Nuestro 2026
Miami shimmered with Latin music’s brightest stars as the 38th annual Premio Lo Nuestro delivered one of its most electrifying ceremonies to date, and Haute Living was on the ground for every moment of it. From exclusive red carpet interviews to coveted backstage access, our team captured the glamour, emotion, and history-making wins that defined […]
Velvet & Vice: A Toast to the Roasty, Rye-Forward Nocturne at Dandelion NYC
Discover Nocturne, the roasty, rye-forward cocktail at Dandelion New York, featuring hojicha, hazelnut-washed Michter’s Rye, and Cynar.
Haute Brand Drop: Siegelman Stables’ Pre-Spring Collection Has a Story to Tell
Siegelman Stables imagined an entire collection of knits, fleece, canvas outerwear, and accessories tied to the founder’s childhood home.
Dr. Bill Dorfman: The Smile Architect Trusted by Hollywood
Hollywood’s Smile King Dr. Bill Dorfman blends cosmetic dentistry, wellness, and entrepreneurship to help patients rediscover confidence.
Rosé all day? Try Rosé For Two Decades With Whispering Angel
On Wednesday evening, Whispering Angel marked its 20th anniversary in the most Miami way possible: with a candlelit fête at Villa Casuarina at The Versace Mansion that officially kicked off the 25th anniversary weekend of the South Beach Wine & Food Festival. Hosted by founder Sacha Lichine, the evening honored not just a bottle, but […]
Latest Stories
Trending Articles
Related Articles
Haute Brand Alert: With Nothing Underneath has Mastered the Art of Shirting
Inside With Nothing Underneath, Pip Durrell shares effortless shirt styling, British inspiration, and building a modern wardrobe staple.
Haute Living Takes The Carpet at Premio Lo Nuestro 2026
Miami shimmered with Latin music’s brightest stars as the 38th annual Premio Lo Nuestro delivered one of its most electrifying ceremonies to date, and Haute Living was on the ground for every moment of it. From exclusive red carpet interviews to coveted backstage access, our team captured the glamour, emotion, and history-making wins that defined […]
Velvet & Vice: A Toast to the Roasty, Rye-Forward Nocturne at Dandelion NYC
Discover Nocturne, the roasty, rye-forward cocktail at Dandelion New York, featuring hojicha, hazelnut-washed Michter’s Rye, and Cynar.
Haute Brand Drop: Siegelman Stables’ Pre-Spring Collection Has a Story to Tell
Siegelman Stables imagined an entire collection of knits, fleece, canvas outerwear, and accessories tied to the founder’s childhood home.
Dr. Bill Dorfman: The Smile Architect Trusted by Hollywood
Hollywood’s Smile King Dr. Bill Dorfman blends cosmetic dentistry, wellness, and entrepreneurship to help patients rediscover confidence.
Rosé all day? Try Rosé For Two Decades With Whispering Angel
On Wednesday evening, Whispering Angel marked its 20th anniversary in the most Miami way possible: with a candlelit fête at Villa Casuarina at The Versace Mansion that officially kicked off the 25th anniversary weekend of the South Beach Wine & Food Festival. Hosted by founder Sacha Lichine, the evening honored not just a bottle, but […]
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