Ambivalent Times for Watches

The global market for watches is fluctuating amid shifts in macroeconomic conditions, technological developments, and thereof adaptive changes in consumer preferences. This situation seems to put under strain particularly the Swiss watch industry. The compromising situation for the Swiss watchmakers has been evolving for some time now, at least since 2015, affecting the revenues from… Read More

Jelmoli Prepares for a New but Different Chapter in Its Retailing Legacy

Jelmoli is a Swiss department store in Zürich well-known to residents and visitors of the city. Last year (2023) the retail brand celebrated “190 Years of Jelmoli” with the tagline “Full of Stories” (e.g., posted on the store’s front windows). However, this celebration also marks in all likelihood a conclusion of its function as a… Read More

Globus: A Department Store Changes Its Face

A visitor returning to the flagship department store of the Swiss chain GLOBUS in central Zurich after a long absence is headed for a surprise. The visiting shopper is about to encounter on entry a completely different landscape — bright and flashy, with a large avenue stretching from the front entrance (on Bahnhofstrasse) to the… Read More