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...
eBay polishes plans for online second-hand luxury watch market
Swiss luxury watch brands have long hesitated to sell online and used to look at platforms like eBay or specialised websites Chrono24 or Chronext as a nuisance because watches which retailers find hard to...
LVMH reports jewellery sales surge for first half of 2018
Watches and Jewellery sales rose by 8% to almost €2 billion (£1.7bn) in the first half of 2018 at LVMH. The category contributed to a group-wide rise in revenue of 10% for the luxury...
Michele Introduces Its First Smartwatch
New York--Fossil-owned watch brand Michele has introduced its first smartwatch in an effort to better compete in a price range now crowded with smart devices.
The Michele Hybrid Smartwatch (labeled “hybrid” because it looks...
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...
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...
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...
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...
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...
Francis Ford Coppola’s One-of-a-Kind F.P. Journe Watch Set to Fetch Over $1 Million at...
A one-of-a-kind timepiece created exclusively for legendary filmmaker Francis Ford Coppola is poised to headline the Phillips New York Watch Auction: XIII this December, with estimates exceeding $1 million.
The exceptional watch, known as the...
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