Businessweek article about IWC

I don´t know if we already had this. There is an article about IWC with some pictures in businessweek online:

www.businessweek.com/lifestyle/content/apr2010/bw2010045_047325.htm

Had not seen this. Thanks for the link.

Thanks Franz...interesting article that I had not seen either!

Thanks Franz,

Interesting article!

Kind regards,

Clemens

Thank you for this link. Interesting to know:

One watch has an even higher price tag—a 201-carat Chopard—although it remains unsold at $25 million.
-- I still do not get why there is a market segment that digs diamonds in watches. I for one, if I wanted diamonds, would buy diamonds. And watches, watches.

Like many luxury companies, IWC has high hopes for China. In 2008, Hong Kong surpassed the U.S. as the biggest market for luxury watches, as the booming Chinese economy led new millionaires to travel to Hong Kong to buy watches and avoid China's luxury taxes. The U.S. was the hardest-hit market last year. However, Georges Kern, IWC's CEO, sees new potential in the U.S.

-- Good to know ! The variety and competition here in Hong Kong is great.