A challenge for the sake of challenge. What is Norqain's growth strategy in the luxury watch market?

2025.06.06

A recent trend in the watch market is the increasing attention being paid to newly emerging, independently managed brands. Among these "independent brands," Norqain is one that has achieved great success. What is the company's strategy that has enabled it to show momentum for growth even in a luxury watch market where there are concerns about an economic slowdown? We spoke to Vice President Tobias Kaffer about the company's strategy.

Masahiro Okamura: Photographer
Photographs by Masahiro Okamura (CROSSOVER)
Chieko Tsuruoka (Kronos Japan): Interview and writing
Text by Chieko Tsuruoka(Chronos-Japan)
[Article published on January 6, 2024]


Tobias Kaffer, Vice President of Swiss Norqain, visits Japan with his new product, "Wild One"

 NORQAIN is a brand founded by Ben Kaffer in 2018. The brand logo, consisting of two "N"s, represents the peak of the Swiss Alps, where NORQAIN was founded, and the brand's philosophy is to "resonate with the spirit of brave mountaineers." This philosophy is also reflected in its products, with three core collections: "Adventure," "Freedom," and "Independence," which includes the "Wild One," a central model in NORQAIN watches in recent years. All of the collections are robust sports watches that can be used in harsh environments such as mountain climbing.

 Tobias Kaffer, Norqain's vice president and the founder's younger brother, visited Japan.

Tobias Kaffer
Born in Switzerland in 1988. Served as Vice President and Sales Manager at Norqain in Switzerland. Joined Louis Erard in 2013. After serving as International Sales Director at Swiss jewelry manufacturer Guyberg, he has held his current position since May 2021. His father is Marc Kaffer, who has been a member of the Board of Directors of the Federation of the Swiss Watch Industry (FH) for over 20 years.

 During his visit to Japan, Tobias Kaffer brought with him the new Wild One Skeleton 39mm, a model for 2025. We will delve deeper into the details of this new watch separately on webChronos, but hearing about the motivation behind the development of this model gives us insight into Norqain's current success and the company's growth strategy in the current difficult situation in the luxury watch market.

Wild One Skeleton 39mm

NORQAIN Wild One Skeleton 39mm
Automatic (Cal. NO8S). 26 jewels. 28,800 vph. Power reserve approximately 41 hours. Nortec case (diameter 39mm, thickness 11.75mm). 200m water resistant. Hyper Pink, Purple Ice Blue, and Sky Blue are priced at 924,000 yen each, while Mint Green, limited to 400 pieces worldwide, is priced at 935,000 yen (all prices include tax).


Challenge is Norqain's strategy

 As I listened to him talk about the new Wild One Skeleton 39mm and his management, I got the sense that "challenge" is Norqain's strategy.

The new Wild One was realized through numerous challenges

 The Wild One is a collection that debuted in 2022. That same year, Jean-Claude Biver joined NORQAIN, and the design and concept were co-developed with Biver. The Wild One's greatest feature is that, despite being a mechanical watch, it has passed a 5000g shock resistance test. This robustness is achieved through a sandwich case construction. The movement is enclosed in a titanium container, which is then sandwiched between a rubber shock absorber and a cage made of NORTEQ, a proprietary carbon composite material. This construction ensures both shock resistance and an incredible lightness for such robustness.

Since its founding, NORQAIN has consistently pursued the enjoyment of mechanical watches. Many users may have the impression that mechanical watches require delicate handling, but the existence of shock-resistant models like the Wild One makes them a good choice for users who are purchasing a luxury watch, primarily a mechanical one, for the first time.

 The case and materials were developed by BIWI, the same manufacturer that produced the first Hublot Big Bang, which Biver helped to make a huge hit.

 This is the first time that Wild One has released a small-diameter model with a diameter of 39mm. With smaller diameters currently trending in the watch industry, launching a new model with a case size of under 40mm from a popular collection is a safe and reliable marketing move. Of course, this was likely in response to market needs. However, making the Wild One smaller is no easy task, as its case is unique, and the introduction of this new size reflects the company's aggressive stance.

During the interview, Tobias Kaffer was wearing the Wild One Skeleton 42mm Gold, which will be released in 2024. This model has an 18K red gold case (with a PX impact® gold case top), yet is still shock resistant to 5000G.

"The reason we made the case smaller was because we wanted to take on a new challenge. Ultimately, it's a technological desire. The Wild One case is made up of a total of 25 components, so it's complex. Also, 13 pieces of tooling (connection devices, or adapters, that connect the machine tool's main spindle to the cutting tool) were required to cut the case. Generally, only one or two pieces of tooling are needed to manufacture a watch case. This time, just to make it 39mm, we redesigned all 13 pieces of tooling and made them new. Also, in order to achieve the same shock resistance as the 42mm model, we had to completely redesign the structure, which was a major technical hurdle. The titanium container that encases the movement, as well as the position and size of the shock absorber that fits into that container, are all new designs."

 The smaller diameter also contributes to a lighter watch. The adoption of NORTEQ technology has reduced the weight of the 42mm model, which was already extremely light for a mechanical watch at 78g, to 64g for the 39mm model (55g for the model with a short strap).

"What we're aiming for is the pinnacle of the ultimate mechanical sports watch. If it can withstand any shock and be used for any sport, the lighter it is, the better. We will continue to take on more and more challenges and push the boundaries of technology."

Of the four Wild One Skeleton 39mm models released, only the Wild One Skeleton 39mm Mint Green will be produced in a limited run of 400. What sets it apart from the other models is that it is equipped with a black ruthenium-plated movement.

Partnerships with creators are important for taking on challenges

 Tobias Kaffer also emphasized that partnerships with creators are very important in order to take on the challenge.

 NORQAIN is a rare brand that discloses all of its suppliers. Users can see which suppliers are involved in which process, such as BIWI, which develops cases and materials, MRP, which assembles the cases and manufactures containers, and Sellita, which develops and manufactures movements. From what he said, I got the sense that NORQAIN's approach not only promises transparency to users, but also shows respect for its suppliers.

"We place great importance on transparency. We talk about our relationships (with suppliers) on the premise that we are open to users about where our products are manufactured. This is very different from other watch brands. Also, our headquarters (in Bienne) is close to our supplier factories, which is an advantage because we can completely share our passion. Of course, we share all information. For example, with a normal manufacturer and supplier, the relationship is something like, 'the manufacturer tells them the specifications of the product they want to make, the supplier tells them the price and then delivers the product.' But with us, we share every aspect of the manufacturing process, and our passion for our products."

Tobias Kaffer spoke with enthusiasm about how he values ​​not only the relationship between brand and supplier, but also the relationships between people. At the NORQAIN booth at Watches & Wonders Geneva in April, not only users and media but also many suppliers frequently visited and enjoyed conversations.

 Not only are brands and suppliers physically close, but their business minds are also close.

“Like Norqain, our partner suppliers are independent companies. Many of the managers are from the same generation as my brother Ben, who is the CEO, and I. As part of the ‘next generation,’ we share the same goals and aspirations.”

Norqain is confident in its growth

 In today's luxury watch market, there are concerns about an economic downturn. Many watch brands are steering the market with conservative measures rather than taking on any challenges. However, Tobias Kaffer, while acknowledging that "there are tough external factors," spoke of his determination not to give up on challenges.

"Last year's sales increased by 40% compared to the previous year. As of the fourth quarter of 2025, we are on track to grow at a similar pace. There are certainly tough external factors in the current market, but the growing attention being paid to independent brands like ours is a tailwind. I feel that users are looking for unique products rather than mainstream brands, and for value that cannot be found anywhere else. In order to capitalize on this momentum and take on new challenges, we would like to continue creating innovative products. In addition, we have been conveying not only the watches themselves, but also the story and way of life behind NORQAIN. Of course, the product itself is important, but our buyers (of NORQAIN products) are, so to speak, our 'family,' and as a 'family' they share our spirit, so we are not concerned (about the current luxury watch market)."

 They are not considering reducing or increasing production based on market trends.

"We haven't set any short-term goals. Because we're an independent company, we're not under pressure from shareholders. However, we have set goals for our long-term strategy, in other words, what we want to challenge ourselves to do. We're already planning a model to be released in 2027. I can't tell you what it will be, though (laughs)."

NORQAIN Independence Skeleton Chrono 42mm Purple Ref. NNT3200C/P320/322CHPR.20TN
During this interview, we also had the opportunity to see the "Independence Skeleton Chrono," which features a flyback chronograph and was announced at this year's Watches & Wonders Geneva. Automatic movement (Cal. NK24/1). 31 jewels. 28,800 vph. Power reserve of approximately 62 hours. Ti case (diameter 42mm, thickness 13.9mm). Water resistant to 100m. Priced at 1,166,000 yen (tax included).

On the way home, I was talking to Masahiro Okamura, the photographer who filmed this interview, and we discussed how Tobias Kaffer was a very aggressive and passionate person. Apparently, his management advisor Jean-Claude Biver also said, "He had incredible power and passion. It was like seeing my younger self."


An interview that makes you look forward to future developments

 We interviewed Tobias Kafer, Vice President of Norqain.

 Even amid concerns about a slowdown in the luxury watch market, he believes that "the wind is blowing in his favor," and continues to take on new challenges. His brand strategy, along with the products themselves, has created a unique character that no other company can match. He is able to maintain this originality because he has confidence in his own products and in his partners, the suppliers who make them.

 Norqain's approach will likely serve as a role model for the future watch industry, where the market is maturing and users are becoming more diverse. Users will want more unique options. As a leading independent brand, Norqain will likely continue to take on various challenges.



Contact info: Norqain Japan Tel. 03-6864-3876


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