Harry Winston Replica

Legality Of Buying Watch Brands With The Highest And Lowest ‘Digital IQ’ Replica Buying Guide


The good news is that 2017 was the year that the luxury watch industry really took to eCommerce. The bad news is it still lags in this area compared with other luxury businesses. In other digital areas there is marked improvement among several brands but many others still have a long way to go.

These are among the findings from the “Digital IQ Index Watches & Jewelry 2018” report by L2 Inc., a business intelligence and research firm that benchmarks the digital performance of consumer brands. The firm produces what it calls “Digital IQ” reports for many industries, including a near-annual report for watch and jewelry brands. For the recently released survey, 70 luxury watch and jewelry brands were analyzed by the firm during 2017.

L2 Digital IQ Distribution

L2 ranks the companies based on their digital strengths and weaknesses in four categories: eCommerce, digital marketing, social media and mobile. The firm produces a score that it describes as the “Digital IQ” for each company and ranks them in following categories: “Genius,” “Gifted,” “Average,” “Challenged” and “Feeble.”

One of the conclusions of the report is that large, well-funded companies that already have strong brand recognition are doing much better than smaller brands. That advantage is reinforced among luxury holding companies, which again benefit from having deep pockets. The big news in 2017 among these conglomerates is the bid by Richemont to acquire the Yoox Net-a-Porter Group—an eCommerce business Richemont has a 48% stake in. The L2 report states that this “signifies a major vote of confidence in digital and the role it will play in the future of hard luxury.”

Five watch brands launched direct-to-consumer e-commerce in 2017, bringing the total percentage of watch brands in the report selling online to 58 percent, L2 reports.

In addition to direct-to-consumer initiatives in 2017, many brands chose to partner with well-known third-party e-tailers, such as Yoox and Net-a-Porter, to distribute their timepieces. Out of the 70 brands surveyed, I looked at 48 companies that are either pure watch brands or jewelry and watch companies with significant investment in their timepiece business.

Digital IQ

Among watch related brands, the top company was Cartier, which finished second overall in the Digital IQ survey and is the only watch brand to receive the “Genius” rating.

And speaking of gawking, there is over an eyeful to go around using all the Harry Winston Histoire de Tourbillon 8 because you take in the twin bi-axial tourbillons. Now, as mentioned, this is the same complication that punctuated the preceding HDT entrance, but it’s back with a spin. In place of the classic two-handed time display in the 3:00 facet of the dial, we’ve got a pair of rotating discs — hours at 1:00, and minutes at 4:00, which “leap” as each hour and moment clicks by.But the actual story here, since it had been with all the HDT 7, is your double tourbillons. Allowed, little has changed since we last saw them — but the implementation is still mind-bendingly complicated, and a treat to behold, especially when juxtaposed against a less conventional timekeeping display — an aesthetic which appears to more neatly match the overall nü-industrial vibe of the watch. To the left of the time screen dance the tourbillons — all which finishes a turning on a 30-degree inclined axis. Nestled between that rotational movement, another cage turns on its own axis, completing a rotation every 45 seconds. In the latter, the balance wheel keeps a steady tempo of 21,600vph, during the watch’s power book of about 55 hours (signaled by the cone in 6:00).The entire concept behind a tourbillon itself is to minimize gravity’s influence on the balance wheel, by actively subjecting it to the broadest range of movement positions possible. By putting the tourbillon on a second axis, and then doubling the complication itself, the balance wheel is put within an exponentially larger amount of positions, thus theoretically yielding a much higher degree of chronometric functionality.

A significant number watch brands were in the Gifted category. They are: Bulgari, Tag Heuer, Longines, Montblanc, Van Cleef & Arpels, IWC Schaffhausen, Omega, Tissot, Victorinox, Jaeger-LeCoultre, Shinola, Officine Panerai and Piaget.

The largest group fell into the Average category. They are: Breitling, Chopard, Rolex, Bulova, Harry Winston, Hamilton, Baume et Mercier, Movado, Hublot, Rado, Oris, Zenith, Audemars Piguet, Citizen, Bremont and Vacheron Constantin

Far too many watch companies ended up in the bottom two categories (Challenged and Feeble).

The brands L2 describes as Challenged are as follows: Raymond Weil, Bell & Ross, Nomos Glashütte, Patek Philippe, Tudor, Blancpain, Roger Dubuis, Frederique Constant and Breguet.

Finally, the brands graded as Feeble are: Ulysse Nardin, Richard Mille, Glashütte Original, Graff, Girard-Perregaux, Jaquet Droz, A. Lange & Söhne and JeanRichard (which ranked 69th of the 70 brands L2 analyzed).

As previously noted, brands that are part of a luxury conglomerate are largely doing better than many of their independent peers.

Richemont and LVMH are tied for the top position. The next has Swatch Group, Citizen Holdings (which includes its recent acquisition of Frederique Constant) and Rolex Holdings (which includes Tudor). While there are clear leaders in terms of their Digital IQ, all of these conglomerates fall in the average category.

The Movado Group with its two luxury watch brands (Movado and Ebel) is alone in the Challenged category.

Meanwhile, Kering is the exception when it comes to digital competency among the largest luxury conglomerates. Its five watches and jewelry brands as a group fall into the Feeble category. This overall score was boosted by the company’s two jewelry brands (Boucheron and Pomellato), which ranked as Challenged. Its three watch brands–Ulysse Nardin, Girard- Perregaux and JeanRichard–were ranked as Feeble.

Leave a Reply

Your email address will not be published. Required fields are marked *