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Sunday, June 13, 2021

The Watch Industry Lacks Transparency. That Is Changing.

Similarly, in November, Ulysse Nardin launched an upcycled idea watch referred to as the Diver Net, that includes a case and bezel constructed from recycled fishnets and a strap manufactured from recycled plastic from the ocean. In press supplies, the company shared the names of its suppliers.

“We didn’t try to pretend we were making it ourselves,” stated Patrick Pruniaux, Ulysse Nardin’s chief govt. “You have to do things that inspire others.”

That philosophy is also espoused by its mother or father company, Kering, the Paris-based luxurious group — which additionally owns Gucci, Boucheron and 10 different high-profile manufacturers — that has earned a repute for transparency and activism in a sector not identified for both high quality.

Kering has gone this manner, at the very least partially, as a result of it has a watch on what its patrons — and potential future patrons — need.

“All over the world,” Marie-Claire Daveu, Kering’s chief sustainability officer, stated on a video name final month, “you have millennials and Gen Z [customers] asking more questions and wanting more answers with more details.”

Claudio D’Amore, a watch designer based mostly in Lausanne, is without doubt one of the few Swiss watch executives to welcome such scrutiny. In 2016, he created a crowdfunded model referred to as the Goldgena Project, later renamed Code41, whose radical approach to transparency was a response to the business’s long-simmering debate over the Swiss Made label.

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