I found this interesting.

Discuss Christopher Ward watches
User avatar
El Tiempo
Senior Guru
Senior Guru
Posts: 785
Joined: Sat Dec 24, 2005 12:53 am
CW-watches: 0
Location: Parts Unknown

I found this interesting.

Post by El Tiempo »

I was clicking on some of the links on the front page 'cause I know Hans gets, like, a 1000 USD per click. I found myself at the Steinhart website checking out some watches . While browsing their support section I stumbled upon this gem...
Ever since the ETA movement company announced their intention to place restrictions onto movement sales, speculations have soared as to when and how these restrictions would affect the watch industry.

Though the final date has not officially been announced, 2010 is the intended year in which ETA completely ceases the sales of movements to companies outside the Swatch Group umbrella.

This forecast has sent the watch industry into a panic, causing ETA movements to be bought up at an astounding pace. Already in the first quarter of 2007, this decision can be felt as ETA movements are becoming quite difficult to get.

Many smaller companies are not now able to get movements anymore, which of course forces movement prices to rise and which will eventually cause us to raise our prices as well. We're holding off as long as we can, placing our customers' interests before the turning tide, but this evolution is inevitable.

When rumors of this ETA announcement surfaced, we took the necessary steps to prepare for this onslaught, and though we have an adequate stock of ETA movements, base value of each movement is rising.
I thought this was interesting news considering I got great value from my watch made with an ETA movement from a smaller company. Kinda doubtful this could be good for consumers.

Thoughts?
User avatar
Hans
Administrator Emeritus - Founder
Posts: 2266
Joined: Sun Dec 11, 2005 11:24 am
CW-watches: 7
LE-one: yes
LE-two: yes
Location: The Netherlands

Post by Hans »

First of all, thanks for visiting my sponsors E.T.! But I only get $500 per click, so please click a few times more for my ferrari! :P
Just kidding, it's more like 1 or 2 cents per click, but every click helps and it is my goal to be able to pay the bills for domain-registration and other costs with the google-ads, so thanks again for helping this forum! 8)

On topic: I think it is a shame ETA-movements won't be available in the future for non Swatch-compagnies. For the next few years I guess the prices will rise, and we early CW-adapters who paid 99 pound for the Malvern made a very good deal!

On the other hand there might be a positive side on this, it might be an opportunity for other/new movement-producers. I'm thinking about the Russian industry with brands like Poljot, and also the Chinese are getting better and better!

So who knows, in a few years time we are maybe buying a Malvern with an improved Poljot 3133 caliber!!

Poljot 3133:
Image
joerattz
Senior Forumgod
Senior Forumgod
Posts: 1281
Joined: Tue Jan 03, 2006 9:34 pm
CW-watches: 8
Location: Alpharetta, GA

Post by joerattz »

I heard on ShopNBC the other night that Rhonda is working on some mechanical movements now. The host, Jim Skelton, acted like it was a bit of a secret.
C5SWT (#316), C5AKS (#316/1936), C5AWS (#789/1936), C6-ForumLE (#3/100), C6SYS (#347), C6-T3LE (#130/300), C6SWS (#601), C3SKS (#1204)

Pro LINQ: Language Integrated Query in C# 2008 : http://www.amazon.com/dp/1590597893?tag=netsplore-20
  • Similar Topics
    Replies
    Views
    Last post