Swiss watchmakers brace for slowing Chinese demand
Swiss watchmakers are starting to see signs of slowing spending from Chinese tourists, but are still banking on demand shifting to mainland China to fuel growth this year, several high-end brands said on Monday.
Investors...
SHOW GUIDE: Times and dates for ‘Meet the Expert’ events at J&W
In partnership with Jewellery and Watch, the National Association of Jewellers will be hosting five ‘Meet the Expert’ events on the NAJ stand throughout the show.
The sessions have been devised in a direct response...
HK Retains Appetite for Swiss Luxury Watches
Hong Kong maintained its spot as the top market for luxury timepieces, according to the latest data on Swiss watch exports released by the Federation of the Swiss Watch Industry FH.
The data revealed that...
Watches of Switzerland Group IPO will go ahead this summer
The Watches of Switzerland Group has confirmed it will proceed with an initial public offering (IPO), most likely in early June on the London Stock Exchange.
A statement today builds on last week’s announcement of...
IWC To Release A Rodeo Drive Exclusive Big Pilot’s Watch For 2019
IWC is planning to release the Big Pilot’s Watch Perpetual Calendar Edition “Rodeo Drive” that will be sold exclusively in the Swiss watch brand’s boutique on the famed shopping district in Beverly Hills. It...
Swiss luxury watches continue to dazzle in Asia
Asian buyers’ penchant for luxury timepieces fuelled Swiss watch exports in 2017, with Hong Kong and mainland China leading the growth, latest data from the Federation of the Swiss Watch Industry FH revealed.
Shipments to...
China downturn continues to plague Swiss watches
Swiss watch exports were flat in January at CHF 1.62 billion ($1.62 billion), as a drop in orders from China outweighed solid growth in other major export markets.
“The main markets reported growth, except for...
TrueFacet, which sells pre-owned, authenticated watches and jewelry, is raising a $10 million round...
The secondary luxury goods market has been growing wildly in recent years, with more shoppers opting to both sell their lightly used luxury goods like clothing and jewelry for cold, hard cash, as well...
Sotheby’s Launches Extraterrestrial-Inspired Watch Auction
Sotheby’s Geneva is preparing for an extraordinary event—an auction that transcends time and space, quite literally. Titled "Area_51," this upcoming sale on April 3 will showcase a collection of 51 UFO-themed timepieces, blending horological...
US Watch and Jewelry Sales Decline in January, Ending Growth Streak
The US watch and jewelry market experienced a downturn in January, marking the first decline in sales in over a year. According to the latest data from the US Department of Commerce, sales dipped...
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