logo
GPHG 2024: A win for Chopard in the new sustainable innovation prize category

GPHG 2024: A win for Chopard in the new sustainable innovation prize category

Euronews20-11-2024

This year's 'Oscar's of the watchmaking world', the Grand Prix d'Horlogerie de Genève (GPHG), saw a prize for 'eco-innovation' making its debut. The award was simply known as 'innovation' in previous editions, of which the industry is never short of.
This time round it has a specific focus on sustainability and traceability, with Chopard winning the award for its L.U.C Qualité Fleurier watch. Founded in 1860, the Swiss watchmaker has continually found ways to shake up to the industry.
The L.U.C Qualité Fleurier watch is made using Lucent Steel, which Chopard originally developed with high-quality industrial scraps from Swiss watchmakers, along with high-grade steel from the medical, aerospace and automotive industries.
Lucent Steel also stems from Chopard's creation of a local, circular manufacturing loop. All suppliers for recycled steel are based within 1000km of its manufacturing unit, either in Switzerland or its neighbouring countries of Austria, France, Germany and Italy, reducing the need for transportation emissions.
Other eco-innovations
IWC Schaffhausen announced earlier this year that it has created a patent-pending luminous ceramic which will be appearing on its watches in the near future.
In 2020, H. Moser & Cie released a watch with a Vantablack dial, a material which absorbs 99.965% of visible light making it the darkest material on the market today.
Developments in precious materials such as sapphire cases and scratchproof gold have been evolving over the past decade. There's no shortage of new materials, but the introduction of the eco-innovation category at GPHG will likely sharpen this focus on materials, but with an emphasis on reducing environmental impact.
Sustainable innovation
Maximilian Büsser, CEO of independent watch brand MB&F says that innovating with sustainability at the forefront needs to be the new normal in watchmaking. 'We love creating and experimenting at MB&F and have, over the years, been one of the first brands to use Zirconium and Palladium in our cases. We have also pushed the boundaries on sapphire crystal manufacturing, managing to create extremely complex case shapes that were previously simply impossible,' he says.
'We are constantly on the lookout for other materials, but they need to be able to be restored and refurbished a hundred years from now – we would like whatever we craft to go on living forever.'
A number of new sustainable strap materials have been appearing on the market too. ID Genève, the only B Corp-certified Swiss luxury watch brand, launched its new Elements collection in August. The watches come with a choice of strap styles including those made from grape leather, vegetal rubber and a new recyclable and biodegradable hemp-based material with a felt texture developed by material innovation company Revoltech.
Julien Tornare, CEO of Hublot, has just returned from a trip to Mexico where the brand was celebrating a new plant-based leather strap: 'We launched a limited-edition strap made out of cactus leather. People love it because it's a sustainable approach, it's linked to the local culture, cactus is such an important element of the Mexican culture, and it couldn't be more Hublot because it's a fusion of material, a fusion of elements, that we're able to bring to a watch that had never been done before.'
Environmental concerns
The urgent need to reduce dependency on cattle farming, which is estimated to contribute about 7% of global greenhouse gas emissions according to the UN Food and Agriculture Organization, has sparked a growing market for alternatives.
Luxury watches make ideal partners for material innovators due to the higher price point and small production quantities. Many new materials come at a premium due to the investment in research and development and are yet to scale to meet the leather demands of other industries such as fashion, interiors and cars.
Tornare says that, as well as the environmental benefit, this approach is key to attracting a younger demographic. "What [Gen Z is] looking for is a watch that corresponds to today's lifestyle. I think it's important to show them that watchmaking is also evolving. That's why we are trying to bring new materials, we're trying to bring new technical developments, to show them that our industry is very much alive."
For Ulysse Nardin, material innovation is about creating products with a lower footprint that are imperceivably different in how they perform, but set an example for conscious luxury.
The brand has just announced the launch of what it is calling its most sustainable watch yet, made from almost entirely recycled materials including the steel and its silicon escapement. The Diver Net Vendée Globe watch celebrates the 10th anniversary of the Vendée Globe and is also made with upcycled carbon fibre sourced from a ship maker known for building boats used in the sailing race and textile made from upcycled fishing nets, enhancing the storytelling of the watch.
Jean-Christophe Sabatier, chief product officer at Ulysse Nardin, says that while the footprint of the luxury watch industry is low, producing more sustainable products can have a ripple effect: 'We need to lead by example. If you can demonstrate that a luxury product that is partly, or entirely, recycled is attractive, then you contribute to help and promote the necessity to make a change.
'We will not save the planet with our watch but the people who buy our products, they are wealthy people, they are opinion leaders, they are, most of the time, business men. So, I think this is something that has a value in terms of advocacy.'
Sabatier adds that he has also noticed a difference in their suppliers, who are also now looking to implement changes and innovate in sustainable ways since they started having this conversation with them.
New materials are coming onto the market all the time, and the creative drive shows no signs of slowing.
Sabatier says we can expect future developments related to removing plastics and reducing the impact of gold and sapphire production.
At Hublot, Tornare only started his role in September but sees innovative new materials as core to the brand and its future. 'We've been very well known for being the first to develop watches in sapphire, in ceramic, and I would love to bring a new material that nobody expects. I'm working on it.'

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Mauritania's Sidi Ould Tah elected new African Development Bank president
Mauritania's Sidi Ould Tah elected new African Development Bank president

France 24

time4 days ago

  • France 24

Mauritania's Sidi Ould Tah elected new African Development Bank president

01:09 30/05/2025 Argentine court declares a mistrial in the death of soccer star Maradona 30/05/2025 DRC ex-president Kabila makes first public appearance in rebel-held Goma 30/05/2025 Swiss glacier collapse: 'You can't engineer yourself out of something of this magnitude' Europe 30/05/2025 Ukraine ready for new talks with Russia, calls for concrete proposals 30/05/2025 Gaza: The details of the US-proposed ceasefire plan 30/05/2025 Gaza: Israel agrees to ceasefire plan, Hamas yet to respond 30/05/2025 Poland's election: judicial independence at stake 30/05/2025 Trump tariffs stay in place for now after appellate ruling 30/05/2025 Trump's tariffs temporarily reinstated after court ruling pauses duties Americas

UK and US buyers snap up used Rolex and Patek Philippe ahead of tariffs
UK and US buyers snap up used Rolex and Patek Philippe ahead of tariffs

Fashion Network

time4 days ago

  • Fashion Network

UK and US buyers snap up used Rolex and Patek Philippe ahead of tariffs

Watch enthusiasts snapped up used Rolex SA and Patek Philippe SA timepieces at the end of April, splashing out before possible tariffs from U.S. President Donald Trump. Watch dealer and trading platform Subdial typically records a surge in activity after customers receive their end-of-month paychecks. In April, post-payday trading volume jumped 160% above normal levels—well beyond the 112% average increase seen on previous paydays over the past year. The volume growth was particularly strong in the U.S. and UK, Christy Davis, founder of London-based Subdial, said in an interview. 'People heard about the tariffs and went, 'Oh shoot, let's buy now,'' Davis said. 'They waited for payday and then sales volumes just went through the roof.' The phenomenon echoed another trend seen in Switzerland, where watch exports jumped by nearly a fifth in April — with shipments to the U.S. more than doubling ahead of expanded tariffs threatened by Trump. Watches made from precious metals, steel and bimetallic materials — products also targeted by Trump — saw the most growth, according to the Federation of the Swiss Watch Industry. The U.S. jump was likely a one-off response by exporters seeking to avoid higher tariffs, rather than a structural increase in demand, Jean-Philippe Bertschy, an analyst at Vontobel, said in a note. Swiss watch exports fell 6.4% to the rest of the world in the month, continuing a weak start to the year. The secondary watch market has rebounded gradually since February's post-pandemic lows. Since reaching that nadir, the Bloomberg Subdial Watch Index has risen about 5.3% through late May, returning to levels last seen in October. It remains far from the levels it reached three years ago, when prices of used luxury watches surged as Covid lockdowns ended.

UK and US buyers snap up used Rolex and Patek Philippe ahead of tariffs
UK and US buyers snap up used Rolex and Patek Philippe ahead of tariffs

Fashion Network

time5 days ago

  • Fashion Network

UK and US buyers snap up used Rolex and Patek Philippe ahead of tariffs

Watch enthusiasts snapped up used Rolex SA and Patek Philippe SA timepieces at the end of April, splashing out before possible tariffs from U.S. President Donald Trump. Watch dealer and trading platform Subdial typically records a surge in activity after customers receive their end-of-month paychecks. In April, post-payday trading volume jumped 160% above normal levels—well beyond the 112% average increase seen on previous paydays over the past year. The volume growth was particularly strong in the U.S. and UK, Christy Davis, founder of London-based Subdial, said in an interview. 'People heard about the tariffs and went, 'Oh shoot, let's buy now,'' Davis said. 'They waited for payday and then sales volumes just went through the roof.' The phenomenon echoed another trend seen in Switzerland, where watch exports jumped by nearly a fifth in April — with shipments to the U.S. more than doubling ahead of expanded tariffs threatened by Trump. Watches made from precious metals, steel and bimetallic materials — products also targeted by Trump — saw the most growth, according to the Federation of the Swiss Watch Industry. The U.S. jump was likely a one-off response by exporters seeking to avoid higher tariffs, rather than a structural increase in demand, Jean-Philippe Bertschy, an analyst at Vontobel, said in a note. Swiss watch exports fell 6.4% to the rest of the world in the month, continuing a weak start to the year. The secondary watch market has rebounded gradually since February's post-pandemic lows. Since reaching that nadir, the Bloomberg Subdial Watch Index has risen about 5.3% through late May, returning to levels last seen in October. It remains far from the levels it reached three years ago, when prices of used luxury watches surged as Covid lockdowns ended.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store