With the Baselworld luxury watch fair now underway in Basel, Switzerland, Chanel has unveiled the "Boy∙Friend Skeleton," equipped for the first time with its new Calibre 3 in-house mechanical skeleton movement.
A boom in online luxury goods sales is finally convincing high-end watchmakers, long sceptical that customers would pay thousands to buy intricate timepieces on the web, to step up their investments in e-commerce.
On the occasion of Baselworld, which runs March 22-27 in Basel, Switzeland, Tissot is presenting six timepieces celebrating major National Basketball Association teams that combine elegance and the spirit of sports.
At the Baselworld luxury watch fair -- which runs until March 27 in Basel, Switzerland -- Swiss watchmaker Breitling launched its "Squads" initiative, creating teams of ambassadors who all excel in a specific field.
While high-end watches are still out of reach for most people, the increasing prevalence of deals on the grey watch market highlights the perplexing predicament in which luxury watchmakers now find themselves.