Traditionally, the Swiss watch industry is quiet during the summer period (holiday), but Rolex decided to upend this with the announcement that they will purchase the famed Bucherer retailer, The world’s largest watch retailer has over one hundred stores in… Read More ›
On August 10 Seiko revealed that it had identified a possible data breach on July 28, with someone gaining access to at least one server. They issued a statement that included the following – “It appears that [on July 28,… Read More ›
Remember when Malaysian authorities raided Swatch stores and seized 164 rainbow-coloured watches worth a total of US$14,000 from its Pride collection? Ministry of Home Affairs officials raided its outlets in various malls across Malaysia on May 13 and 14 this… Read More ›
Swiss watchmaker Swatch has said that Malaysian authorities raided its stores and seized 164 rainbow-coloured watches worth a total of US$14,000 from its Pride collection. It said Ministry of Home Affairs officials raided its outlets in various malls across Malaysia… Read More ›
The Richemont group reported a 34% rise in operating profit for the fiscal year ending in March 2023 to EUR 5.03 billion and a 19% increase in sales boosted by strong demand from Chinese consumers for watches and jewellery, notably… Read More ›
The latest report from the Federation of the Swiss Watch Industry shows that Swiss watch exports boomed during the first quarter of 2023, with sales jumping due to factors such as a 62 per cent surge in orders from the… Read More ›
De Bethune has announced a majority investment in REUGE (1865), maker of musical automaton and mechanical music boxes, and most well known to watch lovers for having collaborated with MB&F on some thoroughly contemporary Music Machines. Both De Bethune and… Read More ›
Luxury group Kering has announced that it is divesting itself of their entire watches division to current management. The transaction is expected to be completed by the end of the first half of 2022 and will be lead by Patrick… Read More ›
As mentioned in this recent post, the federal government gave Swiss cantonal authorities and other parties a week in which to provide feedback about their proposal to extend the current measures until the end of March 2022. These followed the… Read More ›
The Swiss Federal Council made a number of announcements during a press conference on January 12, 2022 relating to the COVID-19 situation in Switzerland, including the extension of the current measures. Originally slated to end on January 24, 2022, the… Read More ›
HOROLOGIUM 