The Federation of the Swiss Watch Industry FH has released its latest report on Swiss watch exports for the month of March 2020. Not unsurprisingly, there was a sharp fall, and a further deterioration is expected for April as a… Read More ›
News
NEWS : The BLUE Auction – Bonhams
Some of you may already be aware that Bremont applied, a number of weeks ago, to help make ventilators for the National Health Service (NHS). They also launched a Food4Heroes bracelet, with the proceeds going to a charity founded by… Read More ›
INDUSTRY NEWS : Patek Philippe allows online sales by authorised dealers in response to COVID-19
Professional Watches has reported that in response to the COVID-19 pandemic’s effect on sales with the widespread closure of its retailers, Patek Phillippe has agreed to allow temporarily allow its authorised dealers to sell existing stock online. For the full… Read More ›
NEWS : Omega Museum re-opens in new Cité du Temps
Without much fanfare, the re-located Omega Museum has opened in a new building aptly called the Cité du Temps in Biel/ Bienne. The new building is situated between Omega’s historic buildings and the new Swatch Headquarters. Designed by architect Shigeru… Read More ›
UPDATE : Fortis bankruptcy debt deferral
Since we wrote about Fortis being in bankruptcy deferral in November 2017 there have been a number of documents released by the Swiss Official Gazette of Commerce (SOGC) relating to this case (see below). As we reported in November, the… Read More ›
NEWS : Swiss watch exports rose in January 2018
The year has started on a more optimistic note for the Swiss watch industry, with the FH reporting that watch industry exports rose in January, with a value of 1.6 billion CHF, a 12.6% growth against January 2017. Meanwhile, total… Read More ›
NEWS : Thai Deputy PM explains luxury watches to Anti-Corruption Commission
Thai Deputy PM General Prawit Wongsuwan has submitted a letter explaining his possession of a number of luxury watches to Thailand’s National Anti-Corruption Commission (NACC), after an uproar that started after he was photographed wearing two Richard Mille watches. The… Read More ›
ONLINE ONLY : Jaeger-LeCoultre Geophysic True Second Limited Edition
We have written a bit recently about the expansion of brands into online marketplaces of late but today is about Jaeger-LeCoultre doing something different with a new release – selling it exclusively to the consumer via their line boutique. Meet… Read More ›
INDUSTRY NEWS : luxury watch e-commerce continues to expand in China
China’s second larget e-commerce platform, JD.com, has officially launched a new alliance with more than a dozen of its international watch brands, including new partner Chopard (which opened an online flagship store on JD.com in August), as well as Tag… Read More ›
INDUSTRY NEWS : Patrick Pruniaux appointed CEO of Ulysse Nardin
(Photo : supplied by Ulysse Nardin) In the latest watch executive movement news of 2017, the Kering group has announced the appointment of Patrick Pruniaux as the CEO of Ulysse Nardin, effective 28 August 2017, replacing Patrik P. Hoffman. The… Read More ›
