Business, Economics & Law

The business of time

A global history of the watch industry

by Pierre-Yves Donzé

Description

The business of time presents a comprehensive history of the global watch industry from the mid-nineteenth century to the present. Watch production in the twenty-first century is concentrated in three countries: Switzerland, Japan and China. The industry is dominated by a dozen or so large companies, including the Swatch Group, Richemont, LVMH, Seiko and Fossil. But a hundred years ago the picture was dramatically different. Over the course of a century, Great Britain, France, the United States and Russia saw the manufacture of watches disappear from their territory. At the same time, Hong Kong went from being a subcontractor of watch components to an intermediary between Chinese factories and the world market. Revealing the conditions that drove the spread of watch production around the globe, The business of time explains how multinationals emerged to dominate the industry and highlights how Swiss companies were able to establish themselves as the undisputed leader in luxury watches.

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Rights Information

Albania, Algeria, Angola, Argentina, Armenia, Australia, Austria, Bahrain, Belgium, Belize, Benin, Bolivia, Bosnia and Herzegovina, Botswana, Brazil, Bulgaria, Burkina Faso, Burundi, Cameroon, Canada, Cape Verde, Central African Republic, Chad, Chile, China, Colombia, Comoros, Congo [DRC], Congo, Republic of the, Costa Rica, Ivory Coast, Croatia, Czech Republic, Denmark, Djibouti, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Faroe Islands, Finland, France, French Guiana, Gabon, Gambia, Georgia, Germany, Ghana, Greece, Guatemala, Guinea, Guinea-Bissau, Guyana, Honduras, Hongkong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy, Japan, Jordan, Kazakhstan, Kenya, Kuwait, Latvia, Lebanon, Lesotho, Liberia, Libya, Lithuania, Luxembourg, Macau, China, Macedonia [FYROM], Madagascar, Malawi, Malaysia, Mali, Malta, Mauritania, Mauritius, Mayotte, Mexico, Mongolia, Montenegro, Morocco, Mozambique, Namibia, Netherlands, New Zealand, Nicaragua, Niger, Nigeria, Norway, Oman, Pakistan, Panama, Paraguay, Peru, Philippines, Poland, Portugal, Puerto Rico, Qatar, Reunion, Romania, Russia, Rwanda, Saint Helena, Sao Tome and Principe, Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Somalia, South Africa, South Korea, Spain, Sri Lanka, Sudan, Suriname, Swaziland, Sweden, Switzerland, Syria, Taiwan, Tanzania, Thailand, Timor-Leste, Togo, Tokelau, Tunisia, Turkey, Uganda, Ukraine, United Arab Emirates, United Kingdom, United States, Uruguay, Venezuela, Vietnam, Western Sahara, Yemen, Zambia, Zimbabwe, South Sudan, Cyprus, Palestine, Bangladesh, Cambodia, Liechtenstein, Azerbaijan, Jamaica, Kyrgyzstan, Dominican Republic, Myanmar, Monaco

Reviews

The business of time explores the evolution of the global watch industry from the mid-nineteenth century to the present, offering a comprehensive history of the sector. Global watch production today is concentrated in three countries: Switzerland for luxury products, Japan for mid-range products and China for mass-produced, inexpensive watches. The industry is dominated by a dozen or so large companies, most of which are organised on a global scale, such as the Swatch Group, Richemont, LVMH, Seiko and Fossil. But a hundred years ago the picture was quite different. Throughout the twentieth century, countries such as Great Britain, France, the United States and Russia saw the industrial manufacture of watches disappear from their territory. At the same time, Hong Kong went from being a subcontractor of watch components to an intermediary between Chinese factories and the world market. Highlighting the conditions that enabled watch production to spread around the world, The business of time explains how multinationals gradually emerged to dominate the industry and highlights how Swiss companies were able to establish themselves as the undisputed world leader in luxury watches.

Author Biography

Pierre-Yves Donzé is Professor of Business History at Osaka University

Trusted Partner
Manchester University Press

Manchester University Press

Manchester University Press is a leading UK publisher known for excellent research in the humanities and social sciences.

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Bibliographic Information

  • Publisher Manchester University Press
  • Publication Date July 2024
  • Orginal LanguageEnglish
  • ISBN/Identifier 9781526176257 / 1526176254
  • Publication Country or regionUnited Kingdom
  • FormatPrint PDF
  • Pages216
  • ReadershipGeneral/trade; College/higher education; Professional and scholarly
  • Publish StatusPublished
  • Dimensions240 X 170 mm
  • Biblio NotesDerived from Proprietary 5570
  • SeriesStudies in Design and Material Culture
  • Reference Code15978

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