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Affordable Watch Brands Challenge Luxury with Bold Dials

Financial Times Companies •
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The luxury watch industry's latest growth engine isn't a new movement but rather bold dial designs that span price points. While established brands like Rolex and Piaget have long used unconventional materials and colors, a new wave of affordable watchmakers is democratizing this trend. Companies like Dennison are offering stone dial watches for hundreds rather than thousands of pounds.

This shift follows decades of dial conservatism that began after the quartz crisis of the 1970s. When the Swiss watch industry faced existential threats, extravagant designs with jade, coral, and lapis lazuli dials disappeared. The revival started slowly, with Rolex's 2020 Oyster Perpetual colors marking a turning point. Now, brands from Nivada Grenchen to Bulova offer exotic materials like lapis lazuli and meteorite at accessible prices.

Dennison exemplifies this trend, selling 4,500 watches in 2025 against a 2,000 target. Their ALD Dual Time, featuring tiger's eye and marble halves, costs just £672 compared to Piaget's $55,000 Andy Warhol model. As managing director Stephane Cheikh notes, affordable brands use quartz movements and source stones globally to keep costs down. With options ranging from Zambian malachite to Italian aventurine, the market for distinctive dials has never been more accessible.