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Audemars Piguet overtook rival Swiss watchmaker Patek Philippe by revenue for the first time while industry giant Rolex SA racked up its best year ever, according to a report on the Swiss. Audemars Piguet is now placed as Switzerland’s fourth biggest brand, behind industry leader Rolex (turnover CHF 8.05bn), Cartier in second (CHF 2.39bn and Omega in third (CHF 2.2bn). Patek Philippe has slipped . Audemars Piguet has crept past Patek Philippe in sales over the past year . Audemars Piguet overtook rival Swiss watchmaker Patek Philippe by revenue for the first time while industry giant Rolex SA racked up its best year ever, according to a report on the Swiss.

Audemars Piguet is now placed as Switzerland’s fourth biggest brand, behind industry leader Rolex (turnover CHF 8.05bn), Cartier in second (CHF 2.39bn and Omega in third (CHF 2.2bn). Patek Philippe has slipped from 5th in 2019 to sixth in 2021.

It’s the No 4 Swiss brand by revenue, generating just over 2 billion francs in sales in 2022, mostly at its own branded stores, according to Morgan Stanley estimates. Another record sales result. some news for wristwatch devotees: audemars piguet took up the fourth position in the annual watch report, moving up two places from its rank last year and past its competitor patek philippe..

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Audemars Piguet has crept past Patek Philippe in sales over the past year according to a respected annual industry report. The report – compiled by investment bank Morgan Stanley and Genevan .

Audemars Piguet has almost doubled its sales in the UK since before the pandemic, with turnover touching £63 million in 2022. But the watchmaker is still three times smaller than Patek Philippe, which notched sales of £187 million for . Audemars Piguet, the luxury Swiss watchmaker best known for its Royal Oak model, will increase production in 2022 as its annual revenue approaches the level of rival Patek Philippe. The company expects to make 50,000 watches this year, up from 45,000 sold in 2021, it said in an emailed response to questions. That turbocharged demand for timepieces from Audemars Piguet, Rolex and others, boosting Swiss watch exports to record levels — almost 25 billion francs (.5 billion) in 2022.

Audemars Piguet, the luxury Swiss watchmaker best known for its Royal Oak model, will increase production in 2022 as sales approach the level of rival Patek Philippe’s. The company expects to make.

Audemars Piguet, the luxury Swiss watch maker best known for its Royal Oak model, will increase production in 2022 as sales levels approach those of rival Patek Philippe. The company expects to make 50,000 watches this year, up from 45,000 sold in 2021, it said in an emailed response to questions. Audemars Piguet overtook rival Swiss watchmaker Patek Philippe by revenue for the first time while industry giant Rolex SA racked up its best year ever, according to a report on the Swiss. Audemars Piguet is now placed as Switzerland’s fourth biggest brand, behind industry leader Rolex (turnover CHF 8.05bn), Cartier in second (CHF 2.39bn and Omega in third (CHF 2.2bn). Patek Philippe has slipped from 5th in 2019 to sixth in 2021. It’s the No 4 Swiss brand by revenue, generating just over 2 billion francs in sales in 2022, mostly at its own branded stores, according to Morgan Stanley estimates. Another record sales result.

some news for wristwatch devotees: audemars piguet took up the fourth position in the annual watch report, moving up two places from its rank last year and past its competitor patek philippe.. Audemars Piguet has crept past Patek Philippe in sales over the past year according to a respected annual industry report. The report – compiled by investment bank Morgan Stanley and Genevan .

Audemars Piguet has almost doubled its sales in the UK since before the pandemic, with turnover touching £63 million in 2022. But the watchmaker is still three times smaller than Patek Philippe, which notched sales of £187 million for . Audemars Piguet, the luxury Swiss watchmaker best known for its Royal Oak model, will increase production in 2022 as its annual revenue approaches the level of rival Patek Philippe. The company expects to make 50,000 watches this year, up from 45,000 sold in 2021, it said in an emailed response to questions. That turbocharged demand for timepieces from Audemars Piguet, Rolex and others, boosting Swiss watch exports to record levels — almost 25 billion francs (.5 billion) in 2022. Audemars Piguet, the luxury Swiss watchmaker best known for its Royal Oak model, will increase production in 2022 as sales approach the level of rival Patek Philippe’s. The company expects to make.

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