In an era where luxury watches are increasingly becoming unattainable for many enthusiasts, a fundamental shift in perspective is necessary for the long-term sustainability of the watchmaking industry. The focus must transition from the aspiration of ownership to a profound admiration for the intricate artistry, historical significance, and cultural relevance embedded in these timepieces. This change in mindset is crucial to ensure that a growing audience can continue to engage with and cherish the world of horology, even if direct ownership remains beyond their reach. By cultivating a deeper appreciation, the industry can foster a new generation of informed and passionate advocates, safeguarding its future.
Historically, the allure of luxury watches often revolved around their status as tangible symbols of achievement and belonging. However, the escalating prices of many iconic models, such as the Audemars Piguet Royal Oak, have placed them out of reach for a significant portion of enthusiasts. For instance, the price of a Royal Oak Offshore Diver has more than doubled since its debut in 2010, far outpacing inflation and eroding the purchasing power of potential buyers. This financial barrier can lead to disillusionment, but it also presents an opportunity to re-evaluate what it means to be a watch enthusiast. Just as one can admire a Van Gogh masterpiece without owning it, a similar approach can be applied to complex horological creations.
Audemars Piguet CEO Ilaria Resta recently emphasized the importance of recognizing watchmaking as a Swiss national treasure, highlighting its rich history, cultural impact, and specialized craftsmanship. She advocates for an "inclusive exclusive watchmaking" model, where the industry actively engages a broader audience by showcasing the inherent value of horology. This approach aims to attract younger generations, not only as future consumers but also as potential artisans and skilled workers, addressing the persistent demand for watchmakers. By making watchmaking more accessible through education and cultural initiatives, the industry can ensure its continued vitality and secure a knowledgeable workforce.
The concept of "inclusive exclusive watchmaking" is gaining momentum through various initiatives. The Fondation de la Haute Horlogerie (FHH), celebrating its 20th anniversary, has launched programs like "Watches and Culture" and the FHH Academy. These initiatives have already trained over 40,000 individuals and issued more than 15,000 student certificates, with a clear mission to spread "Watchmaking Knowledge For All." Furthermore, the upcoming La Maison des Arts & de la Culture Horlogère (MACH) in Geneva will serve as a dynamic cultural center, offering public exhibitions and educational programs. These efforts aim to inspire vocations, enrich cultural understanding, and connect a diverse public with the world of mechanical timepieces. By providing opportunities for education and appreciation, these organizations are building a foundation for sustainable growth and a more engaged community.
The future of high-end watchmaking hinges on fostering a community of informed and passionate supporters. This involves a shift from prioritizing the desire to possess a watch to cultivating a deep admiration for the engineering, design, and heritage it represents. Whether appreciating the precision of a Powermatic 80 movement or the sophisticated mechanics of a Royal Oak Selfwinding Perpetual Calendar, knowledge transforms casual interest into genuine ambassadorship. When individuals understand the intrinsic value and complexity behind each timepiece, they are more likely to support the industry, not just through purchases but through active engagement and advocacy, ensuring that watchmaking remains a timeless and cherished pursuit.