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IWC Big Pilot
TOP
IWC Big Pilot
NZ$ 9,974
Seller
ВИПЛОМБАРД- VIPLOMBARD.RU
RU
Jaeger-LeCoultre Gyrotourbillon 2 Platinum seems unworn full set
TOP
Jaeger-LeCoultre Gyrotourbillon 2 Platinum seems unworn full set
NZ$ 277,409
Free shipping
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M J GILLAN LTD
10
UK
Zenith Elite
TOP
Zenith Elite
NZ$ 11,468
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STENSTRUP Watches & Jewellery
11
DK
Omega Globemaster
TOP
Omega Globemaster
NZ$ 18,622
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Haute Horologe
AE
Blancpain Villeret Doppelchronograph / Rattrapante / Split Second
TOP
Blancpain Villeret Doppelchronograph / Rattrapante / Split Second
NZ$ 12,569
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Plus Ultra AG
 
CH
Patek Philippe Nautilus 3800/001
Patek Philippe Nautilus 3800/001
NZ$ 41,000
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Private Seller
NZ
Rolex Datejust Everose Two Tone  Gold MOP Diamond Dial 126301
TOP
Rolex Datejust Everose Two Tone Gold MOP Diamond Dial 126301
NZ$ 21,564
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Harley's Time LLC
203
US
Breguet Marine Steel Mens Wristwatch Ref 5817
Breguet Marine Steel Mens Wristwatch Ref 5817
NZ$ 9,500
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About Time Ltd
NZ
Chopard Impériale Chronograph 18K Weißgold 3,24 CT Brillanten...
TOP
Chopard Impériale Chronograph 18K Weißgold 3,24 CT Brillanten...
NZ$ 24,507
Seller
Uhrenkapital
357
DE
Omega Speedmaster Professional Moonwatch
TOP
Omega Speedmaster Professional Moonwatch
NZ$ 6,220
Seller
WatchesofMayfair.com
482
UK
Breitling Colt Chronograph
Breitling Colt Chronograph
NZ$ 1,799
Seller
Private Seller
NZ
Patek Philippe Calatrava
TOP
Patek Philippe Calatrava
NZ$ 30,609
Seller
Bijouterie-Horlogerie Langel
59
CH
Omega Speedmaster Professional Moonwatch
TOP
Omega Speedmaster Professional Moonwatch
NZ$ 13,383
Seller
The Watch Collector Ltd.
91
UK
Omega Constellation Quartz
Omega Constellation Quartz
NZ$ 9,000
Seller
Private Seller
NZ
Universal Genève Tri Compax
Universal Genève Tri Compax
NZ$ 39,722
Seller
Private Seller
NZ
Omega Speedmaster Professional Moonwatch
TOP
Omega Speedmaster Professional Moonwatch
NZ$ 11,918
Seller
Private Seller
NZ
Omega Constellation
TOP
Omega Constellation
NZ$ 10,720
Seller
Plus Ultra AG
 
CH
Omega Globemaster
Omega Globemaster
NZ$ 6,450
Seller
Private Seller
NZ
Omega Seamaster Diver 300 M Ref. 25318000
Omega Seamaster Diver 300 M Ref. 25318000
NZ$ 3,750
Seller
About Time Ltd
NZ
IWC Big Pilot’s Heritage
TOP
IWC Big Pilot’s Heritage
NZ$ 17,241
Seller
WatchesofMayfair.com
482
UK
Rolex Milgauss
TOP
Rolex Milgauss
NZ$ 11,555
Free shipping
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Przedsiębiorstwo Handlowe Usługowe
163
PL
Hublot Classic Fusion 565.nx.9010.lr.1704 Titanium Diamond 38mm
TOP
Hublot Classic Fusion 565.nx.9010.lr.1704 Titanium Diamond 38mm
NZ$ 31,052
Seller
Taleda
409
CH
Zenith EL PRIMERO CHRONOMASTER 1969
TOP
Zenith EL PRIMERO CHRONOMASTER 1969
NZ$ 21,298
Seller
ZEGG & CERLATI
55
MC
Richard Mille RM 011 03 Rose Gold TI
TOP
Richard Mille RM 011 03 Rose Gold TI
NZ$ 353,071
Free shipping
Seller
Express Watches
7
US
Tissot T-race Chronograph MOTOGP Limited Edition 2015
Tissot T-race Chronograph MOTOGP Limited Edition 2015
NZ$ 950
Seller
Private Seller
NZ
Patek Philippe Gondolo, Full Set
TOP
Patek Philippe Gondolo, Full Set
NZ$ 15,896
Seller
Plus Ultra AG
 
CH
Chopard Happy Sport 36mm Quartz
TOP
Chopard Happy Sport 36mm Quartz
NZ$ 12,938
Seller
Ronald Grob, Exklusive Zeitmesser
156
CH
Omega Seamaster Diver 300 M Ref. 2133042001001
Omega Seamaster Diver 300 M Ref. 2133042001001
NZ$ 3,800
Seller
About Time Ltd
NZ
Chopard Ultra Flat Date Automatic 18K Yellow Gold 40 MM - 161278
TOP
Chopard Ultra Flat Date Automatic 18K Yellow Gold 40 MM - 161278
NZ$ 7,268
Free shipping
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Pawndeluxe
210
NL
Rolex UNWORN 2018 Ceramic SS Daytona White Dial 116500LN model
TOP
Rolex UNWORN 2018 Ceramic SS Daytona White Dial 116500LN model
NZ$ 34,257
Seller
Austins Watches Inc.
222
US
Vacheron Constantin Patrimony Biretrogrado 86020 Rose Gold 42.5mm
TOP
Vacheron Constantin Patrimony Biretrogrado 86020 Rose Gold 42.5mm
NZ$ 53,972
Seller
Taleda
409
CH
Zenith PILOT AERONEF 48 MM TYPE XX TOURBILLON
TOP
Zenith PILOT AERONEF 48 MM TYPE XX TOURBILLON
NZ$ 68,152
Seller
ZEGG & CERLATI
55
MC
Oris Aquis Small Second
TOP
Oris Aquis Small Second
NZ$ 2,307
Seller
First Advanced Watches
49
ES
Richard Mille RM 028 AJ TI Diver Full Set  2016
TOP
Richard Mille RM 028 AJ TI Diver Full Set 2016
NZ$ 104,949
Seller
Luxus Ritter
92
DE
Rolex Oman Cellini, Diamonds & Sapphire, Super Rare
TOP
Rolex Oman Cellini, Diamonds & Sapphire, Super Rare
NZ$ 25,877
Seller
Plus Ultra AG
 
CH
Rolex Zenith Daytona Stahl Papiere Fourliner 1987/88 selten
TOP
Rolex Zenith Daytona Stahl Papiere Fourliner 1987/88 selten
NZ$ 167,338
Seller
Juwelier Edmund Arnold GmbH
58
DE
Omega Speedmaster Ref. 176.0012
Omega Speedmaster Ref. 176.0012
NZ$ 3,995
Seller
About Time Ltd
NZ
Patek Philippe Chronograph 5070P-001 platinum blue dial
TOP
Patek Philippe Chronograph 5070P-001 platinum blue dial
NZ$ 267,365
Free shipping
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A Collected Man
12
UK
Patek Philippe Gondolo 18K gold box and paper
TOP
Patek Philippe Gondolo 18K gold box and paper
NZ$ 17,748
Seller
euro piece d'or
67
FR
Breguet Type XXII Flyback Gmt 3880br/z2/9xv Rose Gold 44mm
TOP
Breguet Type XXII Flyback Gmt 3880br/z2/9xv Rose Gold 44mm
NZ$ 33,270
Seller
Taleda
409
CH
Tudor OYSTER PRINCE DAY DATE 94613 1988
TOP
Tudor OYSTER PRINCE DAY DATE 94613 1988
NZ$ 3,719
Seller
Goldammer
23
DE
Richard Mille RM011-FM Felipe Massa Ceramic Asian Edittion
TOP
Richard Mille RM011-FM Felipe Massa Ceramic Asian Edittion
NZ$ 297,952
Free shipping
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Exclusive Timepieces NYC
 
US
Rolex Cosmograph Daytona 116520 Black Venom
TOP
Rolex Cosmograph Daytona 116520 Black Venom
NZ$ 31,270
Free shipping
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BLACK VENOM
 
IT
Omega Seamaster
TOP
Omega Seamaster
NZ$ 1,700
Seller
Plus Ultra AG
 
CH
Rolex GMT-Master II 116758SARU
Rolex GMT-Master II 116758SARU
NZ$ 220,014
Free shipping
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Watches & Jewellery of Bond Street Ltd
244
UK
Longines Lindbergh Hour Angle Ref. L2.678.4.11.0
Longines Lindbergh Hour Angle Ref. L2.678.4.11.0
NZ$ 4,750
Seller
About Time Ltd
NZ
Rolex GMT-Master 1675 steel with gilt dial - full set
TOP
Rolex GMT-Master 1675 steel with gilt dial - full set
NZ$ 38,168
Free shipping
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A Collected Man
12
UK
Hublot Big Bang Unico Red Magic
TOP
Hublot Big Bang Unico Red Magic
NZ$ 32,753
Seller
Ronald Grob, Exklusive Zeitmesser
156
CH
Rolex GMT-Master II 116759SARU june 2020 Rolex warranty
TOP
Rolex GMT-Master II 116759SARU june 2020 Rolex warranty
NZ$ 108,178
Seller
MMC RIVIERA
6
MC
Rolex OYSTER DATE PRECISION 6694 SILVER 1973
TOP
Rolex OYSTER DATE PRECISION 6694 SILVER 1973
NZ$ 4,226
Seller
Goldammer
23
DE
Audemars Piguet Royal Oak Offshore Camouflage 26400SO.OO.A054C...
TOP
Audemars Piguet Royal Oak Offshore Camouflage 26400SO.OO.A054C...
NZ$ 48,649
Seller
TimeWorld
36
CH
Rolex Cosmograph Daytona 116520 Black Venom - Rainbow
TOP
Rolex Cosmograph Daytona 116520 Black Venom - Rainbow
NZ$ 38,707
Free shipping
Seller
BLACK VENOM
 
IT
Omega Speedmaster Professional Apollo 11 40th An.
TOP
Omega Speedmaster Professional Apollo 11 40th An.
NZ$ 11,238
Free shipping
Seller
Rent a Box Schmuck und Uhren AG
9
CH
Rolex Comex Sea-Dweller1665
Rolex Comex Sea-Dweller1665
NZ$ 172,185
Free shipping
Seller
Watches & Jewellery of Bond Street Ltd
244
UK
Omega Speedmaster Professional Moonwatch Ref. 145.022 - 69 ST
Omega Speedmaster Professional Moonwatch Ref. 145.022 - 69 ST
NZ$ 10,000
Seller
About Time Ltd
NZ
Breitling Navitimer World
Breitling Navitimer World
NZ$ 6,000
Free shipping
Seller
A. Grimmeissen Uhren An- und Verkauf
319
DE
Chopard Mille Miglia Monaco Historique 2010 box & papers complete
TOP
Chopard Mille Miglia Monaco Historique 2010 box & papers complete
NZ$ 6,878
Seller
Vintage & Prestige
24
UK
Rolex Submariner 1680/8 Black dial
TOP
Rolex Submariner 1680/8 Black dial
NZ$ 52,399
Seller
MMC RIVIERA
6
MC
Rolex OYSTER DATE PRECISION 6466 HONEYCOMB DIAL 1956
TOP
Rolex OYSTER DATE PRECISION 6466 HONEYCOMB DIAL 1956
NZ$ 4,057
Seller
Goldammer
23
DE
Omega De Ville Prestige
Omega De Ville Prestige
NZ$ 3,900
Seller
Jewelwatch Ltd
NZ
Rolex GMT-Master II 116713LN Steel-Gold Balck Venom
TOP
Rolex GMT-Master II 116713LN Steel-Gold Balck Venom
NZ$ 25,185
Free shipping
Seller
BLACK VENOM
 
IT
Jaeger-LeCoultre Reverso Duoface
TOP
Jaeger-LeCoultre Reverso Duoface
NZ$ 10,203
Free shipping
Seller
Rent a Box Schmuck und Uhren AG
9
CH
Rolex S/S Black Dial Submariner Date Gents NOS B&P 16610
Rolex S/S Black Dial Submariner Date Gents NOS B&P 16610
NZ$ 18,175
Free shipping
Seller
Watches & Jewellery of Bond Street Ltd
244
UK
Jaeger-LeCoultre Jaeger LeCoultre 2008 Master Compressor...
Jaeger-LeCoultre Jaeger LeCoultre 2008 Master Compressor...
NZ$ 7,200
Seller
About Time Ltd
NZ
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Swiss Watches: World-Renowned Timepieces

Swiss watches are synonymous with precision and luxury. The most well-known names in the business, with few exceptions, all hail from this Alpine country. Rolex, Omega, IWC, and Breitling all represent tradition and high quality.

Everything to Know About Swiss Watches in This Article

  • Buying advice for Swiss-made watches
  • Watches in different price ranges
  • Manufacturers, collections, and models
  • History of the Swiss watch industry

Which Swiss Watch Should I Buy?

If you want to buy a Swiss watch, you have a wide range of options. The right way to find out which watch is best for you is to ask yourself the following question: How much do I want to spend?

A new, brand-name Swiss watch with a mechanical movement can cost as little as 1,000 euros. You can find watches from manufacturers such as Chronoswiss, Maurice Lacroix, Oris, and Raymond Weil in this price range. Some series from these manufacturers are more expensive, however. For example, Raymond Weil's Nabucco chronograph costs around 3,000 euros new with a titanium case. TAG Heuer and Tissot also have a large selection of watches available for less than 5,000 euros.

Rolex and Omega are probably the most well-known representatives of Swiss luxury watches. The legendary Omega Speedmaster Professional is available in many different variations for less than 5,000 euros. The version closest to the original Moonwatch chronograph, which you can find under reference number 311.30.42.30.01.005, costs around 3,500 euros and has a stainless steel case. The material certainly influences the price, as cases made of precious metals are much more expensive than those made of stainless steel.

An Omega diving watch from the Seamaster collection with a gold case costs around 15,000 euros. The Rolex Submariner without a date display and a stainless steel case costs around 6,500 euros new. You should be prepared to spend at least 23,000 euros for a yellow gold Submariner, and 25,000 euros for a Rolex Daytona.

Patek Philippe's Nautilus is one of the most sought-after and expensive stainless steel sports watches from Switzerland. Without any complications, the women's version costs 20,000 euros, and the men's 25,000 euros. With a white gold or platinum case, the price jumps to 140,000 euros. The Calatrava, also from Patek Philippe, is the definition of a classic, elegant dress watch. New, the most popular version costs around 15,000 euros.

If you decide to go with a watch from Breguet or Blancpain, expect prices over 100,000 euros. Cases made of precious metals, diamond-set cases and straps, and intricate complications such a tourbillon increase the value of such watches. The newcomer Hublot also has some watches in this price range. The futuristic MP-05 LaFerrari watch usually costs 200,000 euros. The version with a sapphire glass case is over double the price, costing more than 400,000 euros.

Watches: Iconic Exports

Watches are a defining part of Switzerland's cultural image. They're more iconic than the banks and the cheese; only chocolate ranked "more Swiss" than watches according to a survey of participants from 15 different countries.

About 30 million watches leave the production halls of this little Alpine country every year. The variety amongst these watches is impressive. They range from traditional gold watches with complications such as a:

  • Moon phase display
  • Perpetual calendar
  • Minute repeater
  • Double chronograph

to diving and pilot's watches. Some of the Swiss companies even produce high-tech smartwatches. Many of these watches function as status symbols, ignoring their actual intended functions. Many diving watches from the Seamaster and Submariner collections will never go underwater, and only a small number of the pilot's watches sold by IWC or Breitling are actually worn in the cockpit. These watches work equally well as a tool watch or a luxury lifestyle object.

There are also mass market affordable watches, such as the famous quartz-powered Swatch with its bright and colorful plastic case. There are now mechanical versions with a simple 51-piece movement. The typical Swatch looks somewhat cheap and is not taken seriously by many watch fans, but certain models have sold at high prices as vintage watches. Furthermore, the Swatch is significantly responsible for helping the Swiss watch industry survive the Quartz Crisis of the 1970s and 80s. The Swatch watch, trendy and colorful, broke Swiss watches out of their conservative, stuffy image and attracted a new target audience. Above all, young people were attracted to this bright and simple watch.

However, luxury watches are what people think of when they think of Swiss watches. Switzerland leads the world in watch exports if you don't rank by number of timepieces. While only about 2% of watches sold worldwide come from Switzerland, they are worth 60% of the total value.

Many well-known brands with long watchmaking traditions belong to the Swatch Group (market share: 18%) or to luxury goods concerns like Richemont (market share: 16%) or Moët Hennessy Louis Vuitton (LVMH, market share: 5%). Rolex is the largest independent Swiss luxury watch manufacturer (market share: 12%). Their independent status greatly contributes to their outstanding reputation.

Overview of the Most Important Swiss Luxury Watch Manufacturers

Manufacturer Founding year Location of headquarters Parent group
Audemars Piguet 1875 Le Brassus Independent
Blancpain 1735 Le Brassus Swatch Group
Breguet 1775 L'Abbaye Swatch Group
Breitling 1884 Grenchen Independent
Chopard 1860 Geneva Independent
Hublot 1980 Nyon LVMH
IWC 1868 Schaffhausen Richemont
Jaeger-LeCoultre 1833 Le Sentier Richemont
Longines 1832 Saint-Imier Swatch Group
Omega 1848 Biel/Bienne Swatch Group
Patek Philippe 1851 Geneva Independent
Rolex 1905 Geneva Independent
TAG Heuer 1860 La Chaux-de-Fonds LVMH
Vacheron Constantin 1755 Plan-les-Ouates Richemont
Zenith 1865 Le Locle LVMH

Rolex

Rolex is number one amongst the large manufacturers. The Geneva-based manufacturer has been in business since 1905. Rolex produces some of the most famous and beloved watch models in the world, such as the Submariner, Daytona, and Datejust.

The Submariner is the definition of a diving watch, the Daytona is one of the most famous chronographs, and the Datejust embodies elegance. Rolex's pilot's watch is the Air King, and their GMT Master II displays a second time zone. With the invention of the perpetual rotor, Rolex significantly contributed to the breakthrough of the automatic watch in the 1930s. Every year, the manufacturer sells around 800,000 watches featuring their iconic five-point crown. Rolex doesn't publish any official sales numbers. However, since Rolex has their watches certified by the Official Swiss Chronometer Testing Institute (COSC), we can calculate how many Rolex watches are produced based on the COSC's publications.

Omega

The most famous man to wear a Rolex is undoubtedly James Bond. He completes many of his missions with a Submariner on his wrist. However, the British secret agent switched to Omega, a member of the Swatch Group, in 1995. Omega plays a central role in the Swatch Group's company strategy, as they see the brand as a strong competitor for Rolex. Rolex isn't the only manufacturer with legendary watch models; Omega has their own to be proud of. The Seamaster is a diving watch collection that's been in production since 1948. The famous French oceanographer Jacques Cousteau wore a Seamaster. Another iconic Omega watch is the Speedmaster Professional. "Speedy," as it's nicknamed by fans, was the official NASA watch on the Apollo missions, making it the first watch on the Moon in 1969. The so-called Moonwatch is available today, almost unchanged from the original version, but now features a modern Co-Axial caliber and comes in many special limited editions. There's also the De Ville series, which showcases Omega's classic side.

International Watch Company (IWC)

IWC, based in Schaffhausen, also offers elegant Swiss watches, such as the Portugieser. They're even more famous for their pilot's watches, though; their Big Pilot watch and the Mark series are considered excellent pilot's watches. The Mark 11 was the official service watch of Royal Air Force pilots for decades.

Breitling

Breitling is a strong competitor for IWC in the realm of pilot's watches. Breitling's Navitimer is considered one of the most important pilot's watches. The watch, which was introduced in 1952, has a special slide rule function. It has two logarithmic scales on the dial which you can turn to perform various calculations, such as distance and fuel consumption. Breitling also offers powerful diving watches with their Superocean series and some versions of the Avenger. Rolex, Omega, IWC, and Breitling are all considered to be on the same level, thus Breitling also has a conservative, elegant line as well, the Transocean. Besides mechanical timepieces, Breitling also offers quartz watches with refined technology, such as the Emergency with an integrated distress beacon.

Patek Philippe

One rung higher on the luxury watch ladder is Patek Philippe. It's clear from the start that this manufacturer is a bit different: Most of their cases are made of solid gold. In the Swiss watch industry, steel cases are used around 50% of the time. Precious metals like gold and platinum are only used around 2% of the time. Patek's Calatrava collection is a symbol of the company and the epitome of a stylish dress watch. This watch collection debuted in 1932 and was inspired by the Bauhaus art movement. Patek Philippe's Nautilus also has a special position in their portfolio. It's a stainless steel sports watch waterproof to 120 m (12 bar) – all unusual qualities for a Patek watch. The company has a long history of watchmaking. The independent family business has existed under this name since 1851. Until 2009, Patek Philippe used the Geneva Seal as a symbol of high Swiss quality. Now, the company uses their own seal with even stricter standards.

Blancpain, Breguet, Jaeger-LeCoultre

Blancpain and Breguet have been in business even longer. Today, they're both members of the Swatch Group. Abraham-Louis Breguet founded his company in 1775. He's responsible for countless important watchmaking inventions, such as the tourbillon. Blancpain has been around since 1735. Their most famous series is the Fifty Fathoms diving watch. Brands such as Patek Philippe, Breguet, and Blancpain, are representative of the conservative values of the Swiss watch industry. This applies to Jaeger-LeCoultre as well. This manufacturer has been producing high-quality watches since 1833. Their Reverso is one of the most popular rectangular watches.

Hublot

Hublot takes an entirely different approach. This relatively new manufacturer plays the role of the rebel most excellently. One distinctive Hublot feature is their unusual, square-edged porthole design, which occasionally borders on the bizarre. Legibility isn't Hublot's main concern. Instead, they show a preference for the use of unusual materials such as ceramic or titanium. With their patented Magic Gold alloy, Hublot broke new ground. Magic Gold is an incredibly scratch-resistant alloy composed of gold and ceramic. Magic Gold comes quite close to the ideal, everlasting case material. Hublot was founded in 1980. In 2005, under new leadership, they introduced the Big Bang series. The Big Bang caused a sharp increase in sales, catapulting this Genevan manufacturer into the same league as other well-known Swiss brands. The somewhat calmer Hublot alternative to the Big Bang is the Classic Fusion.

Audemars Piguet

Hublot is not without precedent. Audemars Piguet's Royal Oak, introduced in 1972, as well as their Royal Oak Offshore, inspired Hublot's designs. The wide bezel with visible screws was directly influenced by the Royal Oak.

TAG Heuer

When it comes to TAG Heuer, it's all about timing. They patented their first stopwatch mechanism in 1882. TAG Heuer has dedicated themselves to the art of racing ever since – it's not a coincidence that their most well-known series is called the Carrera. Even the rectangularMonaco is a legend amongst racing watches. The actor Steve McQueen wore a Monaco in the film Le Mans.

Tissot

Watches from TAG Heuer are in a moderate price range. This applies to Tissot as well. Aside from classic mechanical watches, Tissot offers modern quartz watches as well. The T-Touch Expert Solar is solar powered. It's a multi-function watch with background lighting, a second time zone display, chronograph function, timer, alarm, compass, barometer function, and many other extras. The watch has a titanium case and is waterproof to 100 m (10 bar). The T-Touch Expert Solar has features that only an electric-powered watch can offer. Such an array of functions is impossible for a mechanical watch, especially one that costs less than 1,000 euros.

Other manufacturers also combine Swiss quality with moderate prices, such as Longines, Raymond Weil, or Maurice Lacroix. These companies often use calibers from the world's largest ébauche manufacturer, ETA SA Manufacture Horlogère Suisse, which is also based in Switzerland. The Swiss company Sellita also offers movements that can be found in the watches of many famous manufacturers. Only a few brands produce their own calibers, such as Rolex and Patek Philippe. !Zenith has some of the most important automatic chronograph movements in watch history. The fast-paced El Primero caused a stir when it was released in 1969; it even had a watch named after it.

Top 10 Swiss Luxury Watch Manufacturers According to Production Numbers

Manufacturer Number of watches produced per year
Rolex 800,000
Omega 700,000
Breitling 170,000
IWC 100,000
Chopard 80,000
Jaeger-LeCoultre 75,000
Patek Philippe 60,000
Hublot 40,000
Audemars Piguet 37,000
Zenith 35,000

Post-Quartz Crisis Revival

The Swiss watch industry began in the 18th century. Up until the second half of the 19th century, Switzerland was considered a place where it was easy to produce watches affordably. IWC, with roots in the United States, based their business model on this concept.

After many successful years, the industry suffered in the 1970s and 80s during the Quartz Crisis. Cheap, mass-produced quartz watches produced in Asia endangered traditional Swiss production. Some manufacturers disappeared forever and many workers lost their jobs. Yet surprisingly, Swiss watches later experienced a renaissance which has lasted to this day. The fascination with the technical genius that goes into mechanical watches enthralls watch lovers all over the world. Many manufacturers with longer histories are no longer independent, however. Merging with a large concern, such as the Swatch Group, Richemont, or LVMH, saved many of these manufacturers from going under.

Unexpected competition has popped up since then. The German town of Glashütte was trapped behind the Iron Curtain in East Germany until 1990. Watches have been produced in Glashütte since the mid-19th century, but they were far from being luxury watches when Germany was divided. Now, other manufacturers such as A. Lange & Söhne and Glashütte Original have established themselves in Glashütte, making Glashütte watches true competition for Swiss manufacturers.

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