Home News A reminder that watch companies rule everything around you

A reminder that watch companies rule everything around you

1071
0

The watch industry, if you haven’t figured out, is connected via an odd web. While WWR focuses primarily on what I would call micro brands, the industry as a whole is owned by a few very big companies that share parts, factories, marketing, and customers. Take the octopus called the Swatch Group, for example. Think you’re buying something special when you pick up a Breguet? Think again. Omega makes many of their movements on the same robots that are used to make other high end models, especially Breguet, and many of the same tools and methods are used on the so-called “high-end” brands as go into the lower end models.

I like to say that all sub-$10,000 watches are exactly the same. Unless they are particularly complicated, most watchmakers stuff ETA and Sellita movements into different cases and price their pieces according to what their target market will bear. A basic Hamilton isn’t much different than a basic Omega and that isn’t much different than a basic TAG or Breitling. The real money comes from the pyramid these companies create in order to sell product.

Why am I talking about this and showing you all this image? Because it’s important to understand that as much as we love watches – and I truly do – watchmaking is a still a business and business is, if you ask watchmakers, pretty bad. Watch sales are flat or down year after year and these massive conglomerates are cutting corners and releasing pieces that are derivative and aimed at flash over substance. That’s fine. Business is business. But I encourage you look at watch companies with a more critical eye. These companies bought centuries old brands and turned them into what you see today and their history often has little to do with what they show off at Basel. For my money I’d much rather support a watchmaker who creates art than a watchmaker that pumps out a million identical pieces every day.

Ultimately, this is a reminder that despite all the glowing rhetoric about tradition and craftsmanship, this is still a business. But you, the customer, can support the art and majesty of that tradition and craftsmanship with your interest and your wallets.

Thank you for reading this WristWatchReview post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.

WristWatchReview is one of the few remaining truly independent watch news outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent watch sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis. We don't play the games the other sites play and we've paid for it when it comes to ad revenue.

We would love for you to support us on Patreon and every little bit helps. Thank you.

–The WWR Team

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.