News
Watchfinder & Co., a pre-owned watch business owned by Richemont, has reported an 18% increase in sales, reaching £110 million for the 2024-25 financial year, reversing a trend of declining sales that began in 2021. The UK remains its largest market, generating £93 million, while sales from the rest of
News
Monobrand watch boutiques are increasingly popular, reflecting a shift in the retail landscape for luxury watches. These dedicated stores allow brands to create immersive environments that align closely with their identity, offering customers a curated experience that prioritizes brand messaging. Despite challenges in the retail sector, numerous brands continue to
News
Swiss watch exports to the United States experienced a drastic decline of 52.3% in November, primarily due to a significant 39% tariff on imports. Although the tariff rate has since been reduced to 15%, the damage to the American market appears to be lasting, with luxury watch prices in
News
Omega has been named the Official Timekeeper of TGL, a new team golf league designed to promote a faster-paced and modern competition format. This multi-year partnership will see Omega supporting TGL’s signature 40-second shot clock, emphasizing the importance of precision and timing in the league's unique setup.
News
Titan Company Ltd., India's leading watchmaker, is set to introduce its most ambitious creation yet, the Jalsa, a limited edition watch that merges artistry and horology. The Jalsa features a hand-painted marble dial by renowned Indian miniature painter Shakir Ali, showcasing the Hawa Mahal, a historic palace in
News
Cartier has achieved remarkable growth in the UK, recording sales of £251 million ($335 million) for the financial year ending in March 2025, marking an 11% increase. This growth outpaced its parent company Richemont, which saw a 5.5% rise in UK sales to £277 million ($370 million). Operating profits
News
Collected is a new platform designed to enhance trust in the pre-owned watch market, which has historically lacked transparency and structure. Founded by Tim Bender and Zach Scott, the platform aims to provide safeguards for both dealers and consumers through features like contracts, community engagement, and automated services. Instead of
News
Aston Martin has expanded its brand into the world of luxury accessories with the launch of its first Watches and Jewelry Collection, developed in collaboration with Timex Group. The collection is anchored by two main themes: ‘Timeless,’ which features vintage-inspired watches that pay homage to the brand's rich
News
Chrono24 has partnered with the International Watch & Jewelry Guild (IWJG) to become the exclusive online marketplace sponsor for the guild, which represents nearly 9,000 members across 77 countries involved in the trade of watches and jewelry. This collaboration aims to enhance both online and in-person buying experiences for
News
Swiss watchmakers have increasingly opted to produce fewer watches at higher prices over the past two decades. Export data reveals a significant rise in average export prices, from CHF 469 in 2005 to CHF 1,618 in 2024, a 244% increase that contrasts sharply with a general inflation rate of
News
Louis Vuitton has unveiled the five finalists and jury members for the second edition of its Watch Prize for Independent Creatives. This year attracted a significant number of entries from independent watchmakers globally, highlighting the increasing interest in both the prize and independent horology. After thorough evaluation by a committee
News
La Fabrique du Temps Louis Vuitton is set to host the biennial Louis Vuitton Watch Prize for Independent Creatives for the second time, following the inaugural edition won by Raúl Pagès. The prize aims to celebrate the creativity and craftsmanship of the independent watchmaking industry. For the 2025-2026 edition, 20
News
Bulova and Stetson have partnered to celebrate their shared heritage and craftsmanship with a new collection of men's automatic watches, timed to coincide with Bulova's 150th anniversary. This collaboration honors the historical connection between the two brands, which began in 1930 through family ties and has
News
Gerald Ratner is attempting to buy back the UK retail operations of Signet Jewelers, which includes the H. Samuel and Ernest Jones brands, 34 years after he lost control of the company. Ratner has criticized the US-based management for neglecting the UK division, arguing that their focus on the larger
News
Breitling has unveiled a special blue and black version of its Superocean Heritage for Bucherer, marking a return to exclusive pieces for the retailer now owned by Rolex. While many brands previously created unique blue editions for Bucherer, this trend seems to have diminished since the acquisition, raising questions about
News
Vacheron Constantin has expanded its presence in the United States by opening two new boutiques in Atlanta and Palm Beach, continuing a retail legacy that began in 1832. The Atlanta boutique, situated in Phipps Plaza, is designed to reflect the brand's heritage while incorporating elements of the city&
News
The Swiss watch industry is experiencing its first employment downturn since the post-Covid era, with about a quarter of companies utilizing the country's short-time work program to manage staffing while avoiding permanent job cuts. The government has extended this program's duration in response to a persistent
News
Richemont's watch and jewelry division has achieved significant growth in the UK, with sales increasing by 5.3% to £277 million ($372 million) for the financial year ending March 1, 2025. This surge in turnover is accompanied by a remarkable 155% rise in operating profit, reaching £32 million
News
Watchfinder & Co., owned by Richemont, has reported an 18% increase in sales, reaching £110 million ($147 million) for the 2024-25 financial year, marking a reversal from previous declining trends since 2021. The UK remains the company's largest market, contributing £93 million ($124 million), while Europe and the
News
The Bonhams London Fine Watches sale showcased a remarkable array of rare and collectible timepieces, drawing competitive bids from collectors worldwide. Notable models included pieces from prestigious brands such as Rolex, Patek Philippe, and Voutilainen, with the auction achieving exceptional results. The standout items were two wristwatches by Kari Voutilainen,
News
Weston Jewelers, originally a small 1,000 square foot store in Fort Lauderdale, has grown into one of the largest watch and jewelry retailers in the U.S. under the leadership of Ed Dikes and his family. They have expanded from a single location to multiple showrooms, including a prominent
News
Jaeger-LeCoultre has opened its first boutique in Chadstone, Melbourne, marking the brand's second standalone location in the city and introducing a new boutique concept in Australia. This opening follows a period of growth for luxury watch brands in Chadstone, which has become a hub for watch collectors, offering
News
The Seiko Pink Panther watch, launched as a limited edition, sold out almost instantly upon its release. Priced at £390, this vibrant pink timepiece is inspired by the cartoon character associated with the classic Pink Panther movies, particularly promoting the upcoming 2026 Marvel remake. The watch features a classic Seiko
News
In a dramatic heist reminiscent of a movie plot, four French nationals executed a luxury watch burglary in Canberra, stealing items worth over $10 million, including the highly coveted Patek Philippe 5711 'Tiffany' and Richard Mille RM88 'Smiley'. The thieves meticulously planned their operation, traveling from
News
In 2025, the Swiss watch industry faced significant challenges, particularly highlighted by the imposition of a 39% tariff on Swiss timepieces by the U.S. government on Swiss National Day, August 1st. This unexpected turn prompted a swift response from industry leaders, culminating in negotiations that ultimately reduced the tariff
News
Rolex's Certified Pre-Owned (CPO) program is adapting to better compete with the unregulated grey market. Initially, watches had to be at least three years old to qualify for resale with official tags and a manufacturer-backed warranty; this requirement has since been reduced to two years. Additionally, Rolex has
News
Breitling's sales in the UK have fallen by 24.1% to £58 million ($77 million) during the 2024-25 financial year, reflecting a challenging retail environment and economic backdrop. Despite the brand's efforts to expand its retail presence with 26 monobrand boutiques and 75 authorized multibrand retailers,
News
An ultra-rare Rolex Daytona Paul Newman, crafted from solid 14k yellow gold, is set to headline Antiquorum's Monaco auction on December 12, 2025. This model, known as Lot 181, has an opening bid of €550,000 and is anticipated to reach up to €1 million. It is distinguished
News
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
News
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.
News
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
News
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
News
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
News
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
News
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
News
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
News
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
News
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
News
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
News
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
News
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
News
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
News
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
News
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)
News
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&
News
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
News
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
News
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
News
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
News
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