{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/6571ebcdcc2cf30012756602/69b42294559de2c6343d3ef7?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Ep. 31 - State of the Industry 2026","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/6571ebcdcc2cf30012756602/1773411838492-e8ef0f9d-b42d-44fe-b1e6-d6fec896b02b.jpeg?height=200","description":"<p>Episode 31 of the <strong>SJX Podcast</strong> digs into two major industry reports — one from Vontobel on the primary market and one from EveryWatch on the secondary — and what they reveal about where value is concentrating in the watch industry. SJX and Brandon discuss the K-shaped nature of the market, the dominance of F.P. Journe among independents, and Cartier's remarkable ability to sell across every price tier. </p><p><br></p><p>The discussion also touches on the role of emotion in driving purchase decisions, the financialisation of the hobby, and why market reports have limited utility for collectors.</p><p><br></p><p>Show notes:</p><p><br></p><ul><li>00:30: K-shaped market dynamics — Vontobel and EveryWatch reports</li><li>3:00: F.P. Journe dominance among independents</li><li>4:00: Cartier's unique market position</li><li>10:00: Emotion vs. financialisation</li><li>14:00: Marteau &amp; Co.</li><li>16:00: Phillips</li></ul>","author_name":"SJX Watches"}