FINE JEWELRY AND WATCHES
The appearance of so many fine jewelry and watch names in the top 100 — with 25, more than any other category — could be a testament to the fact that clothing is worn for a season or two, but jewelry and watches last a lifetime. Nonetheless, jewelry is perhaps the most truly luxurious category in that it is much more a necessary indulgence than an actual necessity.
So, it’s not surprising that the top three names are Rolex, Tiffany and Cartier, which have each spent hefty sums in advertising and marketing to preserve the image and status of their brands and cement their names in the country’s consciousness.
Besides a reputation for making a nearly indestructible product, Rolex’s endorsements by top athletes and entertainers — like golf pro Annika Sorenstam, opera star Placido Domingo and the cast of “The Sopranos” — make it, in many people’s minds, the truest luxury symbol.
Even before Audrey Hepburn took that early-morning walk along Fifth Avenue, Tiffany has been America’s jeweler. The mere presentation of that blue box and the anticipation over what it contains instantly connotes a certain status among givers and recipients alike. Cartier, too, has a long history in America. Another Fifth Avenue landmark, the storied French jeweler has recently landed in many malls around the country, reaching an ever-widening U.S. audience.
There are some surprises on the list, however. Even though it has just a few stores, Van Cleef & Arpels is the next jeweler in the rankings. Its high placement would seem to indicate that recent celebrity placements at events such as the Academy Awards have finally thrust it into the spotlight.
Bulova, at 14, is also a surprise, standing out in a crowd of much-higher-priced labels. An explanation is that outside the U.S., especially in South America, it is perceived as a prestige brand, which enhances its image among the the U.S.’s growing Hispanic community. Bulova has also been around since 1875, long before Cartier or any other European watchmaker had any significant presence here.
The appearance of newcomer Bedat & Co. (21) is another eye-opener. That the high-quality Swiss brand registers at all could be a result of its dedication to the American market and partnerships with high-profile retailers like Saks Fifth Avenue, as well as a blitz of recent editorial coverage in fashion publications.
The Rankings
1 Rolex
2 Tiffany & Co.
3 Cartier
4 Van Cleef & Arpels
5 Montblanc
6 Patek Philippe
7 Movado
8 Harry Winston
9 Piaget
10 Baume & Mercier
11 Tag Heuer
12 Bulgari
13 Mikimoto
14 Bulova
15 Boucheron
16 Barry Kieselstein- Cord
17 Ebel
18 David Yurman
19 Chopard
20 Fred Joaillier
21 Bedat & Co.
22 Fred Leighton
23 Girard-Perregaux
24 Asprey & Garrard
25 Audemars Piguet
26 Breguet
27 Vacheron Constantin
28 Concord
29 Henry Dunay
30 Buccellati
31 Lagos
32 Chaumet
33 Corum
34 Damiani
35 David Webb
36 IWC
37 Panerai
38 Honora
39 Robert Lee Morris
40 M&J Savitt
41 Roberto Coin
