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World's largest watch & clock Fair celebrates its silver jubilee next month

'Open Group' and 'Student Group' champions are Mr. Leung Kwan Hei (second from left) and Siu Tien Sum (third from left) respectively.
Mr Chau To Wa (right),1st runner up of Open Group.
Ms Yuen Wai Sze (middle), 2nd runner up of Open Group.
Yau Tsz Hin (right), 1st runner up of Student Group.
Chan Ho Yin, 2nd runner up of Student Group
Picture shows (from left to right) Co-Chairmen of Fair Organising Committee Mr. William Chan and Mr. Peter Lee, as well as TDC Assistant Executive Director Mr Benjamin Chau at the press conference today (August 22).

The world's largest watch & clock fair will celebrate its silver jubilee in Hong Kong next month. Over 810 exhibitors from 19 countries and regions will be in town to showcase a wide array of timepieces.

The Hong Kong Watch & Clock Fair will be held from September 6-10 at the Hong Kong Convention & Exhibition Centre. It is co-organised by the Hong Kong Trade Development Council, the Hong Kong Watch Manufacturers Association Ltd and the Federation of Hong Kong Watch Trades & Industries Ltd.

The Fair will focus on promoting original designs and innovative watches and clocks through an orchestra of a special pavilion, conference and design competition.

Close to 100 watch brands including Cool, Dunlop, Jacques Farrel, Morgan and Moschino will be on display at the Brand Name Gallery. The number of brands on display breaks the record since the Gallery's inception in 2000.

Internationally-acclaimed watch maker Mr. Philippe Charriol 1 will share his views on the latest market development, product design trends as well as strategies on brand building at the Asian Watch Conference to be held on September 9.

This Conference is open to trade visitors for free on a first-come-first-served basis. Interested parties can register online through the fair website.

Winning designs of the 23rd Hong Kong Watch & Clock Design Competition will be exhibited at the fairground throughout the fair period to showcase Hong Kong's design capabilities.

The themes of the 'open group' and 'student group' are "Love and Forever" and "A Colourful World" respectively. Leung Kwan Hei's "Love in Time" and Siu Tien Sum's "Tropical Twist Clock Watch" have been chosen as the Champions out of a total of some 250 entries.

Co-Chairman of the Fair Organising Committee Mr. Peter Lee said: 'The overwhelming participation in the competition shows that the industry is paying more attention on product design and creativity. Hong Kong watchmakers are moving up the value chain through developing original design (ODM) and brand manufacturing (OBM). We are now more prepared than ever to succeed in international business.'

The timepiece industry has long been a mainstay of Hong Kong, being the second largest exporter of timepiece in the world. Hong Kong's watch & clocks exports amounted to HK$21billion in the first half of 2006. HK$2,709 million worth of timepieces were exported to the Chinese mainland, representing a 6% growth over the same period last year. Other growing markets include Switzerland, Italy, the UK, Spain, Singapore, Thailand, Holland and Saudi Arabia.

Co-Chairman of the Fair Organising Committee Mr. William Chan said: 'With rising purchasing power, mainland consumers are longing for high-quality goods. Well known for being "prestigious and good-quality", Hong Kong brand name watches enjoy a higher reputation over those made in the mainland. That's where Hong Kong's edge lies.'

Mr. Chan said a clear market positioning would help watch manufacturers enter the mainland market. 'We should avoid competing with low-end products. Instead, we should develop higher value-added products with good designs and multiple-functions to meet changing demand in the market. These products are highly popular among chain stores.'

Apart from Hong Kong, exhibitors at the Hong Kong Watch and Clock Fair come from the Chinese mainland, Taiwan, Korea, France, Italy, Switzerland, the United Arab Emirates, India, Singapore, the UK, the US and Canada and many others.

Traders are welcome to visit the fair. Free Admission. Fair website: http://www.hkwatchfair.com

For press enquiries, please contact TDC's Corporate Communication Department at 2584 4333

1 French entrepreneur Mr. Philippe Charriol founded a luxury goods empire under his own name in 1983, selling predominantly Swiss made watches. Its product range has extended to include leather goods, jewellery, writing instruments and eyewear. Based in Geneva, CHARRIOL has a presence in over 60 countries through a network of 2,500 retailers. Every year the brand enjoys a double-digit growth in sales.

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Content provided by Hong Kong Trade Development Council