Inhorgenta 2017: Junghans watches with a turnover of 4.3%

The year 2016 was again successful for the Uhrenfabrik Junghans GmbH & Co. KG. Despite the negative branch trend, the Schramberg-based company with 127 employees was able to generate a growth of 4.3 per cent compared to 2015 and thus generate sales of 24.5 million euros and continue the positive development of recent years. Thus, for the eighth year in a row, the Schramberger company is writing black figures after the takeover by the Steim family.

In the international markets, Junghans increased sales by 9 percent. The watchmaking factory of Junghans is most strongly represented on the German home market, where around two-thirds of total sales were generated.

The whole watch market faced new challenges due to the market weakness in 2016. The Austrian partner of Junghans, which closed its sales office as of December 31, Since January 2017 Junghans has taken up the direct distribution in Austria and is looking forward to a good and immediate cooperation with the trading partners. In order to strengthen the German retail trade, Junghans has given up some sales points in department stores. These and other strategic measures will continue to ensure confidence in the brand. Through the opening of its own on-line shop, a brand-adequate presentation is achieved on the Internet. The note to the local dealer contained in this guide supports the classic specialist trade.

In addition, long-term agreements have been concluded with providers of mechanical clocks from Switzerland, guaranteeing a constant and secure supply for the coming years.

Outlook for 2017

As part of a long-term, superior digital strategy, Junghans has now created a B2B platform for its trading partners. The dealers are given the opportunity to order "orders round the clock", but also to inform themselves about the availability of spare parts and the brand itself. The digital service platform is a further innovation, where every customer can access the status of their service online at any time.

At the INHORGENTA MUNICH 2017 from 18 to 21 February the watch factory presents a new watch line with the Junghans FORM. It combines modern design with classical clock design. The Master Driver series, successfully launched last year, whose design was inspired by historic vintage cars from the Steim collection, is complemented by further variants. The long-standing competence in mechanics and radio and solar technology will continue to play a key role in brand orientation.

The reconstruction of the landmark of the watch factory of Junghans, the protected 9-storey terrace building, has begun as planned. Built in the years 1917/1918, he was the heart of the assembly of mechanical wrist watches in the 50s and 60s. With the Atelier Brückner, one of the world's leading architects for the design of museums, Junghans was able to win a renowned partner. The works of the office include, among others, the German Clock Museum in Glashütte, the BWM Museum in Munich, as well as international projects such as the Collection Pavilion of the Shanghai Auto Museum and the Parliamentarium in Brussels. The extensive reconstruction work will create a museum in the historical building until 2018. This will show the more than 150 years of the history of the watch factory in Junghans, The thematic focus will be on Black Forest clocks and their history. An extensive exhibition on highly complex musical clocks and music automatons will be a special highlight for the visitors. The watch factory of Junghans looks faithfully and confidently into the future - from the Black Forest into the world.

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