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WMR - July 2009
Rendez-Vous
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ASKANIA
Leonhard R. Muller
Askania’s glorious history attracted technocrat-watchmaker Leonhard R. Muller (now CEO, Askania AG) towards the brand after his 15-year stint with eminent Swiss watch companies.
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FRANZ LINDER
PRESIDENT BALMAIN SWISS WATCHES
The global environment is such that the only way in which we can tackle it is by confronting it. It depends on the areas where we are present — in Europe, we are doing fine. In India, we are increasing our sell-out even though Balmain is a young brand.
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JEAN-PAUL GIRARDIN
BREITLING, VICE-PRESIDENT
Times are difficult to make forecasts. We have to active, reactive, fast and flexible. Being one of the few remaining independent family owned Swiss companies, we can move very fast and adapt easily. Breitling is very well prepared to deal with these challenging times.
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MATTHIAS BRESCHAN
MANAGER, HAMILTON
In 2009, you will really see two groups of brands. You will see brands with real substance and value at a good price. They will have a good year even after the boom in fiscal 2007 and 2008.
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ROBERT HIRSCH
PRESIDENT & CEO, HIRSCH
We expect moderate growth for this year. We believe that in times of economic turbulences, the proposition of service becomes even more important because consumer expectations and demands rise.
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WALTER VON KAENEL
PRESIDENT , LONGINES
Economic slowdown hasn’t affected Longines in India, China and Hong Kong. There is no cut in marketing or operational expenses. We are still investing in growth and expansion. We have already seen positive signs in the first quarter of calendar 2009.
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MANUEL EMCH
PRESIDENT, MONTRES JAQUET DROZ SA
Globally, we had a very good first two months in 2009. Overall, we have posted very strong double digit growth. It’s difficult to predict the future. These cycles of growth and depression are part of the market dynamics. We have done exceptionally well in India.
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ROBERTO MATTIELLO
SALES MANAGER EUROPE, MGI LUXURY GROUP S.A.
Despite the challenging economical environment, new opportunities will allow strategical repositioning resulting in a more promising outlook for 2009, a comeback of true values
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STEPHEN URQUHART
OMEGA
The global slowdown has touched all companies and Omega too. Our strategy of having our exclusive stores has helped us a lot even though sales are flat. We have maintained our growth.
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ROLAND STREULE
PRESIDENT, RADO
Our growth has been upto expectations. Comparing to last year would be an unfair one! Sales at the point of sale have been better. Retailers are having problems with bankers and financers, who have cut credit lines.
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SHU YOSHINO
THE GENERAL MANAGER, INTERNATIONAL ADVERTISING DEPARTMENT, SEIKO
Seiko has increased its turnover year by year. Fiscal 2009 was a very successful year. Last fiscal, we posted a turnover of Japanese Yen 117 billion.
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CINDY LIVINGSTONE
CEO & PRESIDENT, SEQUEL A.G.
This year will probably be a flat one because the trade is very being very cautious. India is a completely different market and we are expecting to do very well here. We are preparing for the future when everyone expects the turnaround or rebound to happen sooner or later.
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ROBERT BUCHBAUER
DIRECTOR STRATEGY, SWAROVSKI
We are very excited about first time in Baselworld. For the first time ever, a newcomer made it into Hall 1. This is testimony to our brand equity and reputation. We have put together a ladies watch collection, which is capable of standing alone instead of being clubbed with jewellery.
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TAG Heuer
Stars & Glamour
Off the court, her beauty and grace have charmed the world of fashion; she has been featured in leading magazines and she has led the launch of her own perfume. While she is determined, audacious and passionate, she is also extremely feminine.
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TIMEX
HANS-KRISTIAN HOEJSGAARD
PRESIDENT AND CEO, TIMEX
The Timex Group was the only one amongst the leading groups to post a very strong 10% growth in 2008 taking our Group turnover beyond US$ 800 million.
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TISSOT
For the first part of this year the watch market is negative in Americas. In Europe it remains positive for many countries except two, Spain and Italy. The middle east and the far east are positive except Japan.
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PAOLO MARAICEO, VERSACE
In this moment, there is a lot of hope and optimism. We are all ready for the worse but sooner or later, there will be a rebound. We have to prepare for the future. Well prepared companies in good shape will be able to move fast into top gear during the rebound.
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