2016 has been a bittersweet year for the watchmaking scene, to say the least. Sales figures were subdued. Cost cutting a key theme for the better part of the industry. People sacked. And China spending much less on watches compared to before, thanks to the government's anti-graft campaign. Let's just say the industry has seen better days.
Yet, despite the numerous reasons that could theoratically cause the industy to go under, luxuy watches are still being made and companies are still up and running. Barely, perhaps, but they are here to stay. And it's during difficult time that the industry demonstrates its creativity and wit best. And 2016 has proven to be the perfect testament to that.
With 2016 squarely behind us, we reckon this is a good time to do some stocktaking and recount the key trends that largely defined the year - memorable no matter how you look at it - for the watch industry and more importantly, to look to the future and offer our estimate as to which of these currents are likely to carry over into the 2017.
Let's check them out.