It should have been expected....

Sep 05, 2009,00:54 AM
 

Earlier this year the The Musée d’Horlogerie du Locle, in association with the Contrôle Officiel Suisse des Chronomètres (COSC), the Besançon Observatory and the Haute Ecole-ARC in Le Locle staged the 2009 International Chronometry Competition, but--even with the combined resources of all four agencies--were, according to a spokesman for the event, unable to afford the translation services (although the required services probably could have been free click here ) that would have allowed entrants from China and Japan.

( click here to the article)

Quote from article: The competition is only open to European manufacturers. Were the organisers afraid that international brands might sweep the field? "Not at all. It’s a question of logistics. Opening the competition to the entire world would have meant communicating in Chinese and Japanese, and we don’t have the resources for that."

Understandable Swiss movement



Incomprehensible Chinese Movement (although capable of +/- 1 sec/day performance):



...Watch sales must be down even worse than we imagine.


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Global Recession hits watch industries biggest annual event.

 
 By: justpen : September 3rd, 2009-10:35
A great opportunity for Purists and enthusiasts who are in Honk Kong this Sunday. The world's largest and most important watch industry annual exhibition is being held in Hong Kong this week, but it is feeling the pinch of the Global recession, and has go... 

It should have been expected....

 
 By: AlbertaTime : September 5th, 2009-00:54
Earlier this year the The Musée d’Horlogerie du Locle, in association with the Contrôle Officiel Suisse des Chronomètres (COSC), the Besançon Observatory and the Haute Ecole-ARC in Le Locle staged the 2009 International Chronometry Competition, but--even ...  

You are roght... it had to happen..

 
 By: justpen : September 5th, 2009-04:03
Hi Alberta Time, You are right... it should have been expected. Reality is the industry needed a wake up call and as prices climbed and climbed, while the world goes into a recession, that has still not bottomed, most luxury sellers are down by 70%. In 20... 

One Question

 
 By: jkingston : September 5th, 2009-06:23
Jack the write up calls the Hong Kong show "the worlds largest". Larger than Basel??? What is the metric that makes it larger?

Hi John, may be someone knows the figures and can reply ?????

 
 By: justpen : September 5th, 2009-10:26
Hi John, I don't know the answer to that. I am only communicating what ' Channel News Asia' is quoting. But I assume that Basil is already open to the public, where as Honk Kong was not. They did state that this was the world's largest "industry" exhibiti...