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The Geneva fall auctions showcased a market characterized by maturity and discernment, revealing a mix of steady interest and standout pieces. Notably, a stainless steel Patek Philippe Perpetual Calendar Chronograph Ref. 1518 from 1943 set a record by fetching CHF 14,190,000, marking it as the most expensive vintage
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Straum has collaborated with The Real Time Show podcast to launch a limited edition watch called the Straum x TRTS Jan Mayen Titanium Stormy Seas. This new variant enhances the existing Jan Mayen sports watch collection, reflecting the brand's commitment to exploration and adventure. The design of the
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Swiss watchmakers are optimistic about a potential reduction in the 39% additional tariff on exports to the United States, with reports suggesting the rate could drop to 15% as early as today (Thursday). Following a recent Oval Office meeting that improved the atmosphere around negotiations, discussions led by Switzerland'
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LVMH has made a strategic move by acquiring a minority stake in Swiss movement manufacturer La Joux-Perret, indicating its commitment to vertical integration within its watch division. This acquisition enhances the existing commercial relationship that has already proven beneficial for brands like TAG Heuer and Tiffany & Co. La Joux-Perret,
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The Horological Society of New York (HSNY) is expanding its financial aid programs significantly due to a generous donation from the Vogt Foundation, which will increase the annual scholarship pool from $160,000 to $480,000. This expansion allows for international applicants to participate for the first time, aligning with
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Christopher Ward has expanded its retail presence with the opening of a new showroom in Mayfair, London, following the success of its US showrooms. This appointment-only lounge, situated above a barber shop near Saville Row, marks a significant step for the brand, which initially operated solely online. The move to
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Sotheby's is set to auction some of A. Lange & Söhne's rarest modern creations, including several limited editions making their first appearance at auction. Among these standout pieces is the Datograph Perpetual Tourbillon 'Lumen' in Honeygold, celebrated for its exceptional features and a staggering
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Ilaria Resta has recently completed the formation of her leadership team at Audemars Piguet, marking a significant shift for the luxury watch brand as it prepares for its next 150 years. With a diverse team comprising four women and six men, Resta has intentionally chosen individuals from various industries, moving
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The 2025 Grand Prix d’Horlogerie de Genève (GPHG) will feature a prize presentation ceremony on November 13, 2025. A total of six watches have been pre-selected in each of the 15 categories, showcasing a diverse range of timepieces. Categories include Ladies’ and Men’s watches, Complications, Iconic models, and
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Rolex prices on the secondary market have experienced significant fluctuations recently, leading to confusion among dealers and consumers. Following a surprising slump reported by WatchPro, it was clarified that a data ingestion error had caused misleading readings on the WatchCharts Rolex Index. However, after six weeks, the index continues to
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David Lee, the owner of Hing Wa Lee, was revealed as the underbidder for the Patek Philippe Ref. 1518, which sold for CHF 12 million ($17.6 million) at the Phillips Geneva Watch auction. This price narrowly missed the world record for the most expensive wristwatch sold at auction, previously
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Geneva Tourism has collaborated with the Fondation de la Haute Horlogerie to launch the inaugural Geneva Watchmaking Guide, a comprehensive 175-page resource celebrating the city's rich horological heritage. This elegantly designed guide not only serves as a tourist handbook but also delves into Geneva's centuries-old watchmaking
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Vahé Vartzbed has returned to the watch industry as the new CEO of Kerbedanz after leaving his position at HYT. With an extensive background in Swiss watchmaking, Vartzbed aims to expand Kerbedanz's appeal beyond its niche of unique timepieces and enhance its distribution network. Founded in 2011, Kerbedanz
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Bonhams has been designated as the lead auction partner for Dubai Watch Week 2025, scheduled to take place from November 19 to 23 at Dubai Mall. This collaboration allows Bonhams to showcase its expertise in horology and engage with collectors in a market known for its affluent buyers and spontaneous
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The Geneva auction season for 2025 showcased a mix of high-performing and underwhelming results, particularly highlighting a preference for "trophy" watches among bidders. Notable sales included a vintage Patek Philippe ref. 1518 in steel, which sold for CHF14.2 million, making it the most valuable vintage wristwatch ever
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Switzerland is nearing a trade agreement with the United States that could significantly reduce the current 39% tariff on Swiss watches. President Trump indicated his willingness to negotiate lower tariffs during a meeting with prominent Swiss watch executives, including Rolex's CEO and the Richemont chairman. Reports suggest that
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The Geneva Auction Week brought excitement to the city with significant sales at various auctions, including Antiquorum, Phillips, and Sotheby’s. Antiquorum featured a range of timepieces for every budget, highlighting a Lip "Paul Newman" sold for CHF 3,000 and a Rolex Daytona ref. 6241 fetching CHF
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The luxury watch industry is facing a significant crisis due to unsustainably high prices that are driving consumers away from purchasing traditional timepieces. Many brands have raised prices frequently, often without substantial changes to the products, leading to a disconnect between the retail costs and what consumers are willing to
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Miles Teller recently showcased the TAG Heuer x Porsche Carrera Chronosprint during his hosting stint on Saturday Night Live while promoting his new film Eternity. The watch, notable for its unique chronograph functionality, features a central seconds hand that accelerates for the first 15 seconds of each minute before slowing
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President Trump recently received a unique desk clock from Rolex, confirmed to have been presented during a visit from Swiss business leaders aimed at strengthening U.S.-Swiss relations. The clock, described in a letter from Rolex's CEO Jean-Frédéric Dufour as a “modest, refined expression of traditional Swiss
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Fossil Group has successfully negotiated a $150 million debt restructuring plan with its creditors, who approved the agreement during a meeting in London. This plan allows the company to replace its existing bonds with longer-dated notes and raise an additional $32.5 million in funds, avoiding the risk of administration.
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Jaeger-LeCoultre's ‘The Adventure Spirit’ Travelling Collection is currently being showcased in Las Vegas, offering watch enthusiasts a unique opportunity to explore the brand's rich history through an immersive exhibition. The event, hosted at Jaeger-LeCoultre’s boutique at The Forum Shops at Caesars Palace, features four chapters:
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A stainless-steel Patek Philippe Ref. 1518 sold for CHF 12 million (approximately $17.6 million USD) at Phillips' Geneva Auction, marking it as the most expensive vintage Patek Philippe wristwatch ever sold. This significant event in the watch market featured intense bidding, with only phone and in-room bidders allowed
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Las Vegas is set to enhance its reputation in the watch industry with the introduction of dedicated exhibition spaces for timepieces at major jewelry trade shows, including Couture, JCK, and Luxury, scheduled for May and June 2026. This shift reflects a growing trend towards more accessible and regionally focused exhibitions,
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Timex Group has acquired a majority stake in Daniel Wellington, a Swedish brand known for its minimalist, Scandi-style watches, founded in 2011 by Filip Tysander. The acquisition allows Daniel Wellington to continue operating independently from its Stockholm headquarters while collaborating with Timex to enhance innovation, distribution, and appeal to younger
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Watches of Switzerland Group reported a 10% increase in sales, reaching £845 million for the first half of the year ending October 26. A significant 20% growth in the US market offset a modest 2% rise in the UK, highlighting the resilience of the luxury watch sector despite economic challenges.
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Dubai Watch Week 2025 promises to be a significant event, marking not only a celebration of watch collecting in the Middle East but also the 75th anniversary of Ahmed Seddiqi, the event's organizer. This year, the venue has moved to Burj Park, located beneath the iconic Burj Khalifa,
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The Windup Watch Fair in New York City celebrated its tenth anniversary by expanding to four halls and welcoming over 140 brands from 17 countries, attracting more than 11,000 attendees. The event fostered a vibrant community atmosphere with no exclusivity, allowing enthusiasts to interact freely with both independent and
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Korman Fine Jewelry has unveiled its new flagship showroom, The Jewel House, in Austin, Texas, featuring an impressive selection of fine jewelry and prestigious watch brands, with Rolex at its core. This new store, which has doubled the space of the previous location to about 11,000 square feet, aims
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President Trump held a meeting with high-ranking executives from the Swiss watch industry, including Rolex CEO Jean-Frédéric Dufour and Richemont Chairman Johann Rupert, to discuss trade issues and imbalances. The discussions highlighted the importance of private sector relationships between the United States and Switzerland, with the understanding that further talks