Citizen Watch Co. Ltd has just announced that they have entered into an agreement for the acquisition of the Frederique Constant Holding SA as part of Citizen’s plan to strengthen its brand portfolio of “accessible luxury watches”. Frederique Constant Holdings… Read More ›
Industry news
NEWS : Seven new brands to join SIHH 2017
Last year saw the announcement of the departure of Ralph Lauren from SIHH and the arrival of nine independent brands in what was called the ‘Carré des Horlogers’. It has just been reported in Le Temps that SIHH will once again… Read More ›
Theft of HK$2 million in cash and watches on board flight
For those of you who are frequent flyers you may be aware of the increasing incidence of in-flight theft of money and valuables from passengers by fellow passengers. In Hong Kong, from where today’s news comes, there were 48 cases… Read More ›
NEWS : Tudor CEO to move to Rolex
Another day another move, with news that Tudor’s CEO Mr. Philippe Peverelli, who has lead the Rolex younger sibling since 2009, will be moving to the big R to run the Rolex Group’s merchandising division Roledeco, which handles boutique design… Read More ›
NEWS : New incoming CEO for Omega
Swatch Group AG has announced the impending retirement of Mr Stephen Urquhart from the position of president of Omega and the appointment of his deputy Raynald Aeschlimann to succeed him as of June 1, 2016. Mr Aeschilmann has been Vice… Read More ›
NEWS : HYT and Preciflex SA raise 23 million CHF
Maker of liquid time-telling wristwatches and SIHH 2016 newcomers HYT have announced a successful fundraising effort for their upcoming new collections, with investors including Nestle CEO Peter Brabec-Letmanthe and a Swiss private asset management company joining the investor fold. Beat… Read More ›
NEWS : Ulysse Nardin to start training watchmakers in Nigeria
With unemployment in Nigeria hitting 9.9% in the third quarter of 2015, Ulysse Nardin CEO Patrik Hoffman has told Najj.com that his company plans to do their small part in assisting youth unemployment by training young Nigerians as watchmakers in partnership… Read More ›
NEWS : Swiss watch exports post biggest quarterly decline since 2009
Swiss watch exports fell as sales in Hong Kong and China experienced marked falls in the last quarter, reports the Federation of the Swiss Watch Industry (FH). After drops in the May and July quarter reports there has been no… Read More ›
DELOITTE SURVEY : Swiss watch industry pessimistic about next 12 months
The Swiss watchmaking industry is pessimistic about their immediate economic outlook, according to the results of a survey by Deloitte. First conducted in 2012, Deloitte’s annual Swiss Watch Industry Study reports that for the first time, more industry executives are… Read More ›
Apple x Hermès : fashion or luxury?
When a friend tagged me onto a photo of what appeared to be a new Apple Watch x Hermès watch it took me aback. Was it real? Well it turns out that it is. Collaborations are the thing now, after… Read More ›