Are Wristwatches Being Phased Out?
Is the watch being phased out? It's an interesting topic in light of the fact that the big watch and jewelry shows, Baselworld and SIHH just took place. A record 94,200 visitors (up 5% from last year) recently attended BaselWorld 2006, an eight-day watch and jewelry exhibition and 13,000 showed up at SIHH. It seems that the future of the watch industry lies in the watches that are prized for more than just telling time but instead offer status (through recognizable brands), craftsmanship (tourbillons and watches with many complications) or the chance to accessorize with a noticeable and showy piece of jewelry. I think this is why the prestige watchmakers have been making case sizes larger and larger. For the watch collector or aficionado replacing a watch with a cell phone ins unthinkable.
[The watch show here is the FG One from de Grisogrono]