The Business of Watches Podcast: Insights from La Joux-Perret CEO Jean-Claude Eggen
The podcast features an in-depth conversation with Jean-Claude Eggen, the CEO of La Joux-Perret, a Swiss movement manufacturer that has seen significant growth under his leadership. Eggen discusses the economics behind producing watch movements, highlighting the company’s impressive increase in production from fewer than 10,000 movements annually to around 200,000. He emphasizes the importance of pricing, market development, and technology in maintaining client relationships and driving growth in a competitive landscape. Additionally, the episode introduces a new non-profit organization called Tad Kozh, aimed at equipping young watchmakers with the necessary skills and tools to continue the specialized art of high-end watchmaking. Baudouin van Es, the founder, outlines the initiative's goals and the collaboration with industry veterans to support the future of watchmaking. The podcast reflects on both the current state of the watch industry and innovative efforts to sustain its craft.
Buying Time Analysis: This podcast episode featuring La Joux-Perret CEO Jean-Claude Eggen is significant as it delves into the evolving landscape of Swiss watch manufacturing, highlighting the company's remarkable growth and innovation in movement production, which directly impacts the competitive dynamics of the luxury watch market.
