Just a quick link for your weekend reading – Swissinfo’s interview with Jean-Daniel Pasche, president of the Federation of the Swiss Watch Industry FH. After two decades as president, he will be stepping down at the end of 2023. Click… Read More ›
Watchmaking
INDUSTRY NEWS: Rolex announce intention to purchase Bucherer
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 ›
INDUSTRY NEWS: Richemont fiscal year report
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 ›
WATCHES & WONDERS 2023: Panerai Radiomir “8 Giorni”
It’s the year of the Radiomir for Panerai at Watches & Wonders 2023, with six new models to that collection family, ranging from “8 Giorni” to an annual calendar. No big surprise but my favourite, and the subject of this… Read More ›
INDUSTRY NEWS: Kering to sell watches division
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 ›
NEW: Federal Council of Switzerland COVID-19 update, including extension of current measures
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 ›
NEWS: COVID-19 case surge in Switzerland over New Year
A few weeks ago we reported on the new COVID-19 measures announced by the Swiss Federal Council. As with the rest of the world, the Christmas and New Year period has been of concern. On 3 January 2022 the Swiss… Read More ›
INDUSTRY NEWS: Watchbox acquires majority stake in De Bethune
In 2017 Manufacture De Bethune announced that it was selling a majority of its capital to an investment consortium lead by former CEO Pierre Jacques and private equity investor Giovanni Perin. Co-founder and COO Denis Flageollet retained a substantial stake… Read More ›
NEWS: Switzerland and employer-mandated COVID-19 vaccination
It has been a couple of months since we did a piece with COVID-19 news from Switzerland, especially regarding public vaccination proof requirements, but given that the global pandemic is nowhere near over, and that the watch industry is continuing… Read More ›
The Roma Phoenix Collaboration: Schwarz Etienne x Les Ateliers Blandenier Pièce Unique
There have been a handful of watch brand collaborations in the last couple of years, and not just those which appeared in the Only Watch auction, but also for example the recent multiple watch project between H.Moser & Cie and… Read More ›