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 ›
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 ›
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 ›
The “craftsmanship of mechanical watchmaking and art mechanics” has been added to the United Nations Educational, Scientific and Cultural Organization’s (UNESCO) List of the Intangible Cultural Heritage of Humanity. In March 2019 Switzerland and France jointly submitted an application for… Read More ›
Deloitte have released the 7th edition of their report on the Swiss watch industry, based on an online survey and interviews of fifty-five senior industry executives between mid August and mid September 2020, and 5,800 consumers in China, France, Germany,… Read More ›
From Tuesday 27 October until Sunday 13 December 2020 the History of Science Museum, Oxford, is hosting an exhibition on time and time-keeping called “The Heartbeat of the City: 500 Years of Personal Time”. It is presented by the History… Read More ›
The Swatch Group confirmed the report by Swiss news agency AWP that they had been subject to a cyberattack over the past weekend, stating that they had shut down some of their systems, affecting some (unidentified) operations, as a precautionary… Read More ›
Richemont has announced the nomination of Wendy Luhabe for election to the board. She will serve as a non-executive director and become a member of the board’s nominations committee. Luhabe was chair of Vendôme South Africa, Richemont’s subsidiary, from 2001… Read More ›
The Swatch Group has released its half year report for 2020. The year started strongly with an operating margin of 21.4% in the Watches & Jewellery segment (without Production) and 17.3% for the overall Group despite COVID-19 lockdowns in mainland… Read More ›
The LVMH group has announced the appointment of Frédéric Arnault as the new CEO of TAG Heuer, effective 1 July, 2020. He will take over from Stéphane Bianchi, who will become head of LVMH’s new Watch and Jewellery Division that… Read More ›
