We're Confident in the Future of Hong Kong: Piaget CEO

The video discusses the challenges and opportunities in the watch industry, focusing on the Watch and Wonder exhibition in Hong Kong. It highlights the impact of China's market trends, including changes in consumer behavior and the anti-corruption drive. The video also emphasizes the shift towards personal buying and the growing influence of women in the market. Additionally, it showcases innovation in watchmaking, particularly the development of the world's thinnest mechanical watch.

What was a key factor in the success of the Watch and Wonder exhibition in Hong Kong?

• It focused on digital watches.

• It attracted over 16,000 people from across Asia.

• It was the first exhibition of its kind.

• The exhibition was held in Europe.

How has the anti-corruption drive in China affected the watch industry?

• Increased gifting of watches in business settings.

• A shift towards personal purchases rather than gifting.

• A decline in watch sales worldwide.

• A rise in the production of digital watches.

What trend is currently influencing the watch market according to the transcript?

• An increase in digital watch sales.

• A focus on colorful watch designs.

• A preference for larger, bulkier watches.

• A shift towards ultra-thin watch designs.

What is a notable feature of the world's thinnest mechanical watch mentioned in the transcript?

• It has 140 components.

• It is solar-powered.

• It is made of gold.

• It is water-resistant up to 100 meters.

What has been a consistent design focus for the brand mentioned in the transcript?

• Focusing on eco-friendly materials.

• Designing watches with interchangeable straps.

• Developing ultra-thin watches.

• Creating watches with digital displays.