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Swiss politicians are calling for an investigation into gifts given to President Trump, specifically a Rolex desk clock and a gold bar, under bribery laws. Raphaël Mahaim, a Green Party MP, has raised concerns that the value of these gifts could far exceed permissible limits according to Swiss law, suggesting
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Richard Mille has opened its first boutique in Australia, located at the Capella Hotel in Sydney, marking a significant moment for the luxury watch market in the region. This new store, which spans 270 square meters, features unique amenities such as a sports bar designed to capture the essence of
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Abingdon recently launched a new watch model named the Bonneville Blue, celebrating the opening of its new boutique in Las Vegas’ downtown Arts District. This limited-edition watch, priced at $599, features a bold blue dial, a bi-directional flight-computer inner bezel, and is powered by a Swiss Ronda GMT movement. The
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Brian Duffy, the CEO of Watches of Switzerland Group, has been honored with the King’s Trust Individual Impact Award at The King’s Trust Partnership Awards. This recognition highlights his dedication to the youth charity and his leadership in expanding its support across the UK and the US. Under
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The upcoming auction at Sotheby’s features the Grosse Pièce, Audemars Piguet’s most complicated pocket watch still in private hands. This exceptional timepiece, which boasts 19 complications including a tourbillon and a celestial sky chart, was commissioned by S. Smith & Sons in 1914 and took seven years to
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At the recent Dubai Watch Week, top executives from leading Swiss watch brands, including Audemars Piguet, Breitling, Chopard, and Hublot, convened to discuss the challenges facing the industry amid a downturn following the post-pandemic boom. Ilaria Resta, CEO of Audemars Piguet, emphasized the need for better alignment with suppliers to
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Orr’s Jewelers has opened a new flagship showroom in Pittsburgh's Strip District, moving from its previous location in Squirrel Hill. The third-generation family business, founded in 1952, now operates from a historic warehouse known as the Smallman building, which features impressive 22-foot ceilings, large windows, and exposed
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Rado has launched a new global marketing campaign called "The Rhythm Within," featuring Australian sports stars Ash Barty and Cameron Green as brand ambassadors. This campaign highlights the excitement of the approaching summer sports season in Australia, coinciding with the Ashes cricket series and the Australian Open. Ash
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The 1916 Company, formed from the merger of three prominent family jewelers and the pre-owned watch expert WatchBox, is venturing into the designer handbag market by acquiring Luxury In Reach. This acquisition aims to create a comprehensive luxury destination by leveraging their established reputation in watches and jewelry. CEO John
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Swiss watch exports to the United States have significantly declined, with a staggering 46.9% drop in October, following a 55.6% decrease in September. This downturn is a direct result of the unpredictable tariff policies implemented by the Trump administration, which began with a 31% additional tariff announced in
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London's Bond Street has emerged as the most expensive location for retail rents globally, experiencing a significant 22% increase over the past year. This rise is attributed to the opening of Europe’s largest Rolex boutique and the expansion of Patek Philippe’s salon, propelling it ahead of
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Fratello highlights five notable watch releases from late 2025, coinciding with Dubai Watch Week and the holiday season. The Grand Seiko U.F.A. SLGB005 stands out with its stunning purple gradient dial and advanced Spring Drive movement that boasts a remarkable 72-hour power reserve. Another highlight is the Lebois
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Dubai Watch Week 2025 has elevated the experience of watch fairs with its new venue and an impressive lineup of brands showcasing their latest innovations. The event retains its focus on watch culture, featuring engaging discussions and panels, including a notable appearance by Rolex CEO Jean-Frédéric Dufour, who addressed the
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Porsche Design has expanded its custom timepieces program to include new Cayenne models, showcasing its commitment to luxury and personalization. This initiative allows customers to create bespoke timepieces that reflect their individual style and connection to the iconic Porsche brand. The introduction of these models reinforces Porsche Design's
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The Horologists app aims to enhance the experience of modern watch collectors by integrating the buying and selling of pre-owned timepieces with features for cataloging, insuring, and tracking personal collections. Launched at Watches & Wonders, it collaborates with authorized retailers to provide a seamless platform for communication and transactions, allowing
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Swiss watch exports experienced a significant decline of 4.4% year-on-year in October, totaling 2.242 billion Swiss francs (CHF), as reported by the Federation of the Swiss Watch Industry. The majority of this decline came from wrist watches, which saw a 4.2% drop, bringing their value to CHF2.
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At Dubai Watch Week, Rolex CEO Jean-Frédéric Dufour announced that the brand will not significantly expand its own retail presence and will continue its collaboration with authorized dealers. Dufour emphasized that the acquisition of the Swiss-based Bucherer was a unique opportunity, stating that it only represents a small part of
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Rolex invests CHF 100 million annually to maintain its watchmaking technology, emphasizing its commitment to in-house production. The company refrains from outsourcing, opting instead to manufacture all components internally and assemble each watch by hand in its facilities in Bien and Geneva. CEO Jean-Frédéric Dufour highlights that the average lifespan
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Jean-Frédéric Dufour, CEO of Rolex, addressed concerns during the Dubai Watch Week, emphasizing that Bucherer, its retail partner since 2023, will not replace Rolex's existing wholesale partners. He highlighted the importance of these partnerships in building Rolex's success and stated that Bucherer is a small part
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TAG Heuer has unveiled the Monaco Split-Seconds Chronograph Air 1 at Dubai Watch Week, showcasing an impressive evolution of its predecessors. Weighing in at 85 grams, the new model incorporates solid gold components while retaining its iconic square case design, reworked with inspiration from Formula 1. The watch features a
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At Dubai Watch Week, Georges Kern announced the 'House of Brands' strategy, which aims to revitalize two historic watchmakers, Universal Genève and Gallet, under the Breitling umbrella. This initiative marks a significant moment in the watch industry, as both brands have been dormant since the quartz crisis of
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On December 13, 2025, Ineichen Auctioneers in Zurich will present a significant dual-lot event featuring the only White Rabbit wristwatch ever to be auctioned, alongside the original painting "A Mad Horological Party" by Konstantin Chaykin. The wristwatch is a grand-complication masterpiece, recognized as one of the twenty most
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Seiko Group Corporation has reported a 6.3% increase in sales to ¥160 billion ($1.03 billion) for the first half of its 2025 financial year, with the Seiko and Grand Seiko watch brands experiencing even faster growth. Watch sales alone rose by 8.8% to ¥98.2 billion, now
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Teddy Baldassarre has officially entered the watch collaboration scene with the launch of the Brew Metric Teddy Baldassarre Edition, marking a significant milestone for his brand, which has evolved from a YouTube channel to an authorized retailer with a flagship boutique in Cleveland, OH. The collaboration with Brew, known for
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In the UK, sales for TAG Heuer, Hublot, and Zenith experienced a significant decline of 28% in 2024, dropping to £87 million. The decline is attributed to various economic challenges, including inflation, high mortgage costs, and increased utility bills, which have adversely affected consumer confidence. The overall luxury market faced
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Zodiac Watches, once a beloved brand known for affordability and quality, are currently facing significant challenges as they appear in discount stores at drastically reduced prices. The phenomenon, dubbed "The Great Rossening," began when a Reddit user reported purchasing a Super Seawolf for just $125. As news spread,
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Citizen and Bulova have experienced significant growth in watch sales, with a 17% increase in North America and a 12% increase in Europe during Q2 2026. Citizen Watch Company reported a 4.2% rise in sales to ¥89.3 billion ($577 million) from April to September, contrasting with a decline
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Dreweatts is preparing to highlight a curated collection of vintage Cartier London watches, showcasing the innovative spirit of the brand’s New Bond Street workshop from the mid-20th century. This auction presents a rare opportunity for collectors to acquire authentic timepieces that blend Cartier’s elegance with a distinctive London
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The recent discussions between President Trump and representatives from the Swiss watch industry, including prominent figures from Rolex and Richemont, have led to a significant reduction in tariffs. The Swiss tariffs on imports from the US will decrease to 15%, aligning with the European average. In return, Switzerland will also
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Richemont experienced a positive financial performance in the second quarter of its 2026 fiscal year, with a notable 14% increase in turnover at constant exchange rates, compared to 6% in the previous quarter. The company reported total sales of €10.6 billion for the first half, marking a 10% rise