Two luxury jewelers that are well-established watchmakers are expanding their production capacities.
Harry Winston opened a new watchmaking facility, with 100 employees, in December in the Plan-les-Ouates, Geneva. An industrial wing houses production processes, and a commercial wing houses design, sales, marketing and communications, security, IT, finance, and human resources.
Chopard is investing about $13.2 million to develop its operations in the Val-de-Travers, Fleurier, Switzerland, and expand its production capacities, including purchase of a building and land. It expects its staff to increase from 130 to about 200.