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Chopard's Family Business Transition from Wine to Luxury Watches
Photo: Australian Financial Review
2026-07-24 02:55   Fashion   10

Chopard's Family Business Transition from Wine to Luxury Watches

The article explores the transition of the Chopard family business from the wine industry to luxury watchmaking.Karl-Fritz Scheufele, a 28-year-old heir to the Chopard watch company, previously managed the wine bar and restaurant Chez Bacchus in Geneva.

He draws parallels between fine wine production and horology, noting that both require meticulous attention to detail, a deep understanding of terroir or craftsmanship, and a commitment to quality.

Independent wine growers in Burgundy, who produce small batches of wine, share similarities with independent watchmakers who obsess over the precision of their craft.Scheufele's experience in both industries highlights the shared philosophies of dedication and expertise.

The piece also mentions the family-run structure of Chopard, which presents both challenges and rewards in maintaining legacy while adapting to modern markets.The article underscores the interconnectedness of artisanal trades and the importance of heritage in luxury goods.The family's shift from wine to watches reflects broader trends in business diversification and the pursuit of niche markets.The piece is part of a special edition focused on watches, emphasizing Chopard's position in the luxury watch industry.

Full reading at Australian Financial Review

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