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Tariffs on Swiss watch imports to the United States have been reduced from over 39% to a maximum of 15%, effective retroactively from November 14, 2025. This decision aims to provide significant relief to importers, allowing them to claim refunds on the higher tariffs paid in the preceding months. The
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CHP Caliber, a new distributor based in New York, is making significant strides as it approaches the end of its first year, confirming partnerships with three new retailers and adding two watch brands to its portfolio. The company aims to serve as a bridge between independent watchmakers and U.S.
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Cartier has recently opened a new boutique in Palm Beach, Florida, continuing its expansion strategy in affluent locations. This latest store showcases both Swiss watches and fine jewelry, following a significant investment in the brand's Miami Design District showroom. The boutique is located within the historic Royal Poinciana
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Signet Jewelers has reported a 2% decrease in sales for its UK operations, attributed to store closures and increasing competition from rivals such as F. Hinds and Beaverbrooks. The company operates 81 Ernest Jones and 167 H. Samuel stores in the UK, significantly reduced from 272 a year ago. The
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F. Hinds, a well-established jewelry and watch retailer in the UK, has demonstrated remarkable growth in a challenging economic environment, with sales increasing by 4% to £86.3 million for the fiscal year ending March 30, 2025. This performance starkly contrasts with the 2% growth reported by the luxury brand
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A recent trade agreement between Switzerland and the United States has officially reduced tariffs on Swiss goods to 15%, retroactive to November 14. This change is particularly beneficial for the Swiss watch industry, which had been facing high tariffs of 39% imposed in August, one of the steepest rates for
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Dress watches have evolved over the last century from a practical accessory into a sophisticated symbol of elegance. Initially created to complement formal attire, these timepieces transitioned from bulky pocket watches to sleek wristwatches as tailoring styles changed in the early 20th century. After World War I, the wristwatch gained
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Studio Underd0g has acquired Horologium, a UK-based firm that assembles and provides after-sales services for its watches. Having previously held a minority stake since July 2024, Studio Underd0g completed the purchase on December 3, 2025, although the financial details of the transaction remain undisclosed. Horologium, established in 2020, has collaborated
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Patek Philippe is anticipated to reverse recent price hikes and cuts to dealer margins that were implemented following a significant increase in import tariffs on Swiss watches. After the U.S. raised tariffs by 39% in August, the luxury watchmaker raised prices by approximately 15% in September. This adjustment was
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The recent auction at Sotheby’s New York showcased an impressive collection of pocket watches, with the most valuable lots including three pocket watches and one clock, collectively fetching over US$16 million. The highlight was the "Grosse Pièce," Audemars Piguet's most complicated watch, which sold
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Sotheby's recently auctioned the Audemars Piguet 'Grosse Pièce' No. 16869, which sold for an astounding $7,736,000, breaking previous records for the brand. This pocket watch, regarded as one of the most historically significant pieces made by Audemars Piguet, far exceeded its conservative estimate of
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Rolex has applied for a patent for a new type of optical atomic clock that incorporates an innovative "mitigation laser" to reduce errors caused by light shifts. This compact two-photon rubidium vapor optical clock is designed to counteract the light shifts that occur during the measurement process, allowing
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Francis Ford Coppola's personal F.P. Journe FFC prototype set a new record at Phillips' New York watch auction, selling for an impressive US$10.8 million, including fees. This remarkable sale marks the watch as the most expensive sold in 2025 and establishes it as the
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Francis Ford Coppola's personal F.P. Journe FFC prototype recently set a record at Phillips New York Watch Auction XIII, selling for an astonishing $10.755 million. This sale marks the highest price ever achieved for an F.P. Journe wristwatch, surpassing the previous record of $8.3
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Cartier is currently positioned as a strong contender against Rolex's long-standing dominance, particularly among younger watch enthusiasts. The brand is benefiting from a resurgence in popularity for smaller, vintage-style watches, bolstered by endorsements from celebrities like Taylor Swift and Timothée Chalamet. This momentum is being strategically harnessed through
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Watches of Switzerland Group has experienced a notable rise in shares by nearly 5% following the announcement of its financial results for the first half of the 2026 financial year, indicating strong performance despite the challenges posed by tariffs. The company's sales reached £845 million ($1.1 billion)
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At Dubai Watch Week, WatchPro engages in a lively discussion with Nico Leonard, showcasing the latest developments in the watch industry. The event features a variety of news, including the opening of a new Patek Philippe showroom by Polacheck, a unique auction featuring a Tiffany co-signed Rolex, and TAG Heuer&
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Polacheck’s, a fourth-generation family-owned jeweler located in Calabasas, California, has opened a new Patek Philippe showroom adjacent to its flagship multibrand store. Established in 1921, the jeweler has been serving the San Fernando Valley community since 1988 and is recognized as a WatchPro Award winner. The main showroom features
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Marc Newson collaborated with Belgian watch brand Ressence to create the Type 3 MN watch, which combines innovative design with functionality. The watch features a unique oil-filled mechanism that enhances readability by preventing light refraction, while its ergonomic elliptical shape reflects Newson's industrial design philosophy. The collaboration was
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Maurice Lacroix has launched a new bespoke customization program in collaboration with Geneva-based atelier Label Noir, transforming the customer experience into a co-creative process. This initiative allows customers to engage in a personalized design journey, moving away from conventional upgrades to a more interactive and emotional experience. The partnership has
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The influx of top watchmakers to Miami reflects a growing trend in the luxury market, particularly during December when art events like Art Basel attract affluent clientele. Major players like Rolex and Bulgari have unveiled new or renovated boutiques in the Miami Design District, emphasizing the city's status
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As luxury watch markets in China and the U.S. face challenges, India emerges as a promising opportunity for growth in the luxury watch sector. With a rapidly increasing number of affluent consumers, particularly among young professionals, Indian interest in mechanical watches is on the rise, emphasizing their status and
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Voutilainen has appointed Angélique Singele as its new CEO, a significant move in the brand's long-term succession strategy. This announcement follows the Dubai Watch Week, where founder Kari Voutilainen expressed his commitment to maintaining the independence of the brand and its associated companies. With Singele assuming day-to-day leadership,
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Luxury Swiss has unveiled its new Rolex Boutique in Miami's Design District, a 4,900-square-foot space that blends Rolex's heritage with the vibrant culture of Miami. This boutique is designed as an immersive experience, featuring a striking exterior that reflects the Atlantic's dynamic colors
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Louis Erard and Konstantin Chaykin have collaborated once again to create the "Unfrogettable," a unique timepiece that brings the classic fairy tale of the frog prince to life. This watch combines the distinct design languages of both brands, with Louis Erard’s regulator movement reoriented horizontally to represent
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Rolex has recently expanded its presence in the luxury retail market by opening a new boutique in the Miami Design District, completing a strategic "golden triangle" of stores in key U.S. states, including New York and California. The Miami boutique, operated by Luxury Swiss, features nearly 5,
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David M Robinson reported a 3% increase in sales, reaching £60.4 million for the year ending March 2025, despite facing a challenging retail environment. The operating profit fell by 4% to £5 million, significantly lower than the peak financial year of 2021-22. The decline in profits has been attributed
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Christie’s upcoming auction, titled ‘Important Watches,’ will take place in New York on December 9 and will showcase an impressive array of rare timepieces, including standout Rolex models. Among the highlights are a trio of Rolex Daytona “Beach” watches, crafted in 18K white gold with baguette diamond bezels and
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Boodles, one of Britain's most prestigious family jewellers, has reported a significant increase in sales, reaching £125 million, driven by the sixth generation of the Wainwright family. The company, founded in 1798 and known for its bespoke jewellery and exclusive partnership with Patek Philippe, has seen a 19%
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Breguet has unveiled a groundbreaking innovation in horology with its Expérimentale 1, the first high-frequency (10Hz) tourbillon featuring a contact-free magnetic escapement. Designed to combine precision and heritage, this watch not only showcases the brand's commitment to modern technology but also pays homage to the legacy of Abraham-Louis