Impact of Climate Change on the Retail Supply Chain


by Bonnie McEwan  

Climate change disrupts the retail industry by creating volatility in the business environment, which impacts resource availability and prices, as well as stimulating regulatory shifts. Perhaps the most vulnerable part of the retail business is the supply chain, particularly for sources and infrastructure located in the developing world.

Vulnerabilities

The main vulnerabilities to the retail supply chain include the cost and availability of secure energy sources and water, along with weather events that disrupt the transportation of goods from Asia to the US and the EU. Companies that have just-in-time inventory systems may rely heavily on air transport for the rapid shipment of goods, but air transport alone contributes more than 3% of global greenhouse gas emissions. Increasingly, national governments are taking steps to limit those emissions, including here in the US, despite political opposition.

Alternative and Sustainable Energy from Wind Turbines


Even companies that already have sustainability strategies in place are finding that their initial efforts are not suitable for the long term, since ecological changes take place over time. What works today may not be effective a few years down the line.

For example, some companies that switched from carbon fuels to renewable hydropower later faced energy shortages due to reduced water runoff associated with drought. US businesses that reduced their use of air transport in favor of rail freight recently learned of a phenomenon called sun kinks, in which intense heat causes tracks to buckle and trains to derail.

Railroad Track With Sun Kinks

Also, changes made at one point in the supply chain may spark a domino effect, causing problems in another. One example is unanticipated changes in substitute materials. If, say, enough manufacturers switch from synthetic fibers — dependent on petrochemicals — to cotton, the price of cotton will rise along with demand. And this also creates a new vulnerability because the cotton crop is affected by floods, extreme heat and other unpredictable weather conditions.

Opportunities

Depending on your point of view, the challenges posed by climate change may also present some opportunities. Agile, forward-looking companies have an opportunity to gain competitive advantages by using new technologies and business models. Smart sustainability strategies can deliver benefits in brand prestige, increased sales, cost savings and investment capital. Take these examples:

Wal-Mart and Tesco have been applauded for addressing climate change throughout their value chains and there is evidence that consumers have responded.

• Upstart Tesla Motors became California’s third-bestselling luxury car in 2013, pushing BMW to speed up development of its own luxury electric vehicle.

Tesla Model S Luxury Electric Car

• Major retailer Marks & Spencer estimates that its global supply chain accounts for about 80% of its carbon footprint. Through a sustainability initiative called Plan A, M&S sources sustainable packaging from Sweden, works with fish suppliers on marine stewardship, and has set up eco-factories in the UK, Turkey and China, among other activities. It has paid off: In 2010 and 2011 alone, Plan A delivered £70 million in net benefits, which M&S has reinvested in its sustainability work.

Some companies have formed business coalitions, whose strength lies in their ability to scale through the pooling of finances, sharing of best practices, and incubation of innovation.

Richemont, the world’s third largest luxury goods company, is partnering with IKEA, the world’s largest furniture-maker, to take the lead on developing internal corporate carbon pricing structures in which all of a company’s business groups pay a fee for carbon. That money is reinvested into sustainable energy.

Ikea Invests in the Environment

• Denmark-based companies DONG Energy and Novo Nordisk formed a partnership in which DONG Energy helped Novo Nordisk improve energy efficiency in exchange for investment of energy savings into DONG’s wind farm. Novo Nordisk saved about US$12 million between 2007 and 2012. The company’s investments made the wind farm financially feasible.


Alex Niemeyer, a director at McKinsey, sums it up:

“One thing that has structurally changed in the world is that historic supply chains tended to be more stable. They dealt with normal volatility…not radical events like Fukushima or the Iceland volcano. Today’s supply chains need to be set up to deal with big volatility all the time. And that doesn’t just mean risk—that also means opportunity to take advantage when a competitor is affected or when a new market opens up.”

About Gevril Group

Gevril GroupGevril Group, watchmaker and wholesale watch distributor, is the exclusive U.S. agent for exquisitely designed and crafted European luxury and fashion watch brands, distributing and servicing some of the best affordable luxury and Swiss watches and trendy fashion watches. Gevril Group also operates a full-service watch repair, staffed by master Swiss watchmakers. Contact Gevril Group by email or by calling 845-425-9882.

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Introducing the Gevril Five Points Skeleton. Classic, Modern, and Mechanical.

Inspired by the infamous and historic Five Points neighborhood in New York City, Gevril introduces two new must-have timepieces to the Five Points Collection. Seamlessly melding heritage and new, classic and modern, each watch is a mechanical, manual winding work of art.

The Five Point’s striking skeleton dial is outfitted with super LumiNova hands and a skeletal case-back that highlights Swiss FABIOR 98SQ movement. Swiss movement is protected by a sapphire domed, anti-glare crystal and held in place by a distinct handmade Italian leather strap. 


Gevril Five Points Mechanical Manual Winding - Brown - 46120 - Side View

Take a more classic approach with a bespoke, brown leather strap offset by cream hand-stitched accents and a rose gold case – classic with a twist. The refined, sophisticated appeal speaks to the renewal of the Five Points.

 

 

Gevril Five Points Mechanical Manual Winding - Brown - 43120

Gevril Five Points Mechanical Manual Winding – 46120
MSRP: $5,995.00

Alternatively, go for a spin in all black. Sleek, black leather strap with grey hand stitching highlights a black steel case with devious, subtle purple accents on the skeleton face. This sportsman’s watch is pure grit and magnetism.

 

 

Gevril Five Points Mechanical Manual Winding - Brown - 46121

Gevril Five Points Mechanical Manual Winding – Brown – 46121
MSRP: $5,995.00

Two very different stylistic approaches, one very consistent iconic collection: meet us at the Five Points.

A Journey Through Time

Gevril – A Swiss Luxury Watch Company Creating Exquisite Timepieces since 1758


by Keverne Denahan

Watchmaking for over 260 years brings with it a certain obligation to those that appreciate and understand Master Craftsmanship.  Gevril is one of the Top Swiss Watchmakers in the world with the panache of tradition and honor.

At its core is the established history of a young watchmaker, Jacques Gevril, who presented his watches and clocks to King Ferdinand VI of Spain in the 1700’s.  He was later appointed as Royal Watchmaker to the King.  That set the tone for the intricate workmanship defined by Swiss movement in every Gevril watch.  The endurance of such a long-lasting brand comes from just one thing:  deep-rooted quality.

The exquisite quality of a Gevril watch is of the utmost importance to the company.  After all, Gevril has hundreds of years of artisanal watchmaking under their proverbial watchband.  Many generations later, Gevril watches are still Swiss made at their workshop, Gevril Horlogerie, in Switzerland, at its founding roots.

Gevril Swiss Watches come in a variety of styles catering to the luxury client, while the level of quality has not changed since the inception.  Gevril is now reckoning with the renaissance of this historic brand while instilling glamour and modernity with new collections that appeal to more contemporary tastemakers.

Features such as the dual-time zone are perfect for travelers.  The newest collection is based on the longstanding history of architecture in New York City.  The influence of the Art Deco buildings led to the contemporary Avenue of the Americas Gervil Watch Collection.  They are in keeping with the time-honored tradition of limited editions for every collection by Gevril.

When choosing a Gevril watch over another Swiss watch company, what would be your motivation?  Wearing a bespoke timepiece that holds value is one reason that Gevril is consistently unique from other luxury Swiss watch brands.

Because of its enduring quest for quality, Gevril watches and timepieces review at five-stars consistently.  It is this adherence to the highest of standards and founders’ aesthetic using traditional Swiss watchmaking techniques that has created a valuable market for pre-owned Gevril watches.

Adding to their iconic branding and rich historical heritage, is their use of creating limited edition watch collections.  With only five hundred to a maximum of one thousand pieces per collection worldwide, exclusivity reigns supreme in limited numbers.

This scarcity is one element that has led to the highly collectible value of a Gevril watch. What one may consider an indulgence into the depths of luxury, another would consider a sound investment.

The most sought-after Gevril watches are those with gold cases thereby retaining or increasing their value for after-market and collectors.

An example of the value of a pre-owned vintage stainless steel watch, is the sale of the Gevril Tribeca “Paul Newman Daytona Tribute” watch, limited edition 247/500, which was sold at Christie’s Auction House in October, 2019 for $9,375.00.

Additionally, Gevril watches are sophisticated, serious and playful yet still considered to be one of the most sought-after Swiss watch brands.  Their legendary watchmaking history has combined ingenuity with technology which is reflected in their watches with ever-changing styles and collections.

This is why it comes as no surprise that Gevril was discovered by Hollywood.

With international notoriety and heritage brand recognition, Gevril watches suddenly became the go-to accessory for notable celebrities worldwide such as Denzel Washington, Mario Andretti, Anne Hathaway and Heidi Klum, to name a few.

Gevril Swiss Timepieces are rooted firmly in the present with deep ties to the past.  The quality is unshakeable with a profound sense of style.

It is with this keeping of honoring the traditions of the past while creating heirloom quality that can be passed down from generation to generation, that the Gevril watch ticks on.

Independent Sales Representative


Gevril Group, manufacturer, importer and distributor of luxury and fashion watch brands is looking for independent sales reps in the United States. The independent sales representative is to develop sales and sales strategies with new and existing customers within his or her assigned territory.

Responsibilities

  • Achieve sales targets assigned by company Sales Management
  • Building long lasting business alliances between Gevril Group and retailers
  • Develop prospective new accounts through research and walk in cold calling
  • Provide excellent communication on following up with retailers
  • Prepare schedules and call reports as required by Sales Management
  • Conduct in depth retailer training on all brands
  • Monitor and report brand and competitive feedback to management

Skills and Requirements

  • Proven sales experience
  • Track record of quota achievement
  • Excellent communication and negotiation acumen
  • Self-motivated and driven to succeed
  • Able to deliver presentations to large groups
  • Good computer skills in Microsoft Word, Excel, and PowerPoint


Please email Gevril Group at hr@gevril.com.

About Gevril Group

Gevril GroupWatchmaker and wholesale watch distributor Gevril Group is the exclusive U.S. agent for exquisitely designed and crafted European luxury and fashion watch brands, distributing and servicing some of the best affordable luxury, Swiss and fashion watches. Gevril Group also operates a full-service watch repair, staffed by master Swiss watchmakers.

Join the conversation! Follow Gevril Group on Facebook, Twitter and LinkedIn. Subscribe to the Gevril Group newsletter and blog.

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Best Ever Hong Kong Watch and Clock Fair 2015

Hong Kong Watch Clock Fair 2015 Renaissance Moment

by John Sealander  

Gevril Group Brands in Spotlight at World’s
Largest International Timepiece Event

Hong Kong Watch and Clock FairAccording to industry insider and Gevril USA President Samuel Friedmann, the 2015 Hong Kong Watch and Clock Fair was the best he has ever attended. Friedmann considers the prestigious fair a must-attend event, adding that this year some of his own brands were in the spotlight.

For 34 years, the prestigious international watch and clock fair has continued to grow in importance, becoming an essential destination for buyers, sellers, and industry experts. The Hong Kong Watch and Clock Fair is now the largest event of its kind in the world, with over 780 exhibitors from 23 different countries. Asian markets have become so important in recent years that famous brands like Gevril Group’s own Versus Versace are choosing to launch their latest products at the annual fair.

Versus Versace was one of four international brands that had the opportunity to launch new products on opening day of the watch show. The high profile product launch was well received according to Mr. Friedmann, and was the perfect way to kick off an exciting five-day event.

This year’s Watch and Clock Fair attendees enjoyed daily watch parades and informative seminars designed to focus attention on the latest trends in the watch industry. Switzerland’s watchmaking expertise was featured at two all new pavilions this year, while a special “Wearable Tech Zone” featured the industry’s latest technological innovations. Even the general public got a chance to enjoy the show during a special “Super Saturday” on September 12 which featured lavish parades, celebrity events, and drawings for new watches.

With a record $10.8 billion in imports and $10.3 billion in exports in 2014, Hong Kong has become the world’s largest importer of complete watches by value and the second-largest exporter of complete watches and clocks. It is also becoming the place where the watch world sources parts and materials.

It’s no surprise that the Hong Kong Watch and Clock Fair now rivals the iconic Baselworld Fair in Switzerland. Samuel Friedmann says he’ll probably be back again next year.

About Gevril Group

Gevril GroupGevril Group, watchmaker and wholesale watch distributor, is the exclusive U.S. agent for exquisitely designed and crafted European luxury and fashion watch brands, distributing and servicing some of the best affordable luxury and Swiss watches and trendy fashion watches. Gevril Group also operates a full-service watch repair, staffed by master Swiss watchmakers. Contact Gevril Group by email or by calling 845-425-9882.

Join the conversation! Follow Gevril Group on Facebook, Twitter and LinkedIn. Please subscribe to the Gevril Group newsletter and blog.