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WEKU
WEKU
Business
Stacey Vanek Smith

What the wild journey of a $100,000 watch can teach us about global markets

The Bulldog watch, released by MB&F in March 2020, retails for $100,000 and sold out almost immediately. (MB&F)

The Swiss take their watches very seriously. Strolling around Geneva, Switzerland's watch-making capital, there are Rolex, Patek Phillippe, and Tag Heuer stores on nearly every block, usually with a little gathering of people standing behind velvet ropes waiting to get in... like a club.

A very expensive club. These watches (or time pieces, as everyone in the industry calls them) traditionally appealed to older, wealthy collectors--connoisseur types who were willing to drop thousands of dollars on a watch.

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