Riding the Shock Wave

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When attending gala events at glitzy venues like Cipriani at historic 55 Wall Street in New York City, it is not uncommon to see ice sculptures among the décor. However, the ones at last week’s “Shock the World 2009” event, hosted by Casio, would’ve given most anyone pause: inside them were watches, frozen in place like flies in amber. … [Read more...]

Downturn Batters Watch Industry

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The evidence is mounting that the long and bitter global recession is taking a severe toll on the Swiss watch industry. With demand for watches down nearly everywhere, Swiss watch firms are cutting production and jobs. So far this year, Swiss watch firms have laid off more than 1,000 people, according to Swiss press reports. … [Read more...]