Time's Up: Bucherer Boss, 87, Sells to Rolex

Time’s Up: Bucherer Boss, 87, Sells to Rolex

Rolex is to buy Bucherer, the long-established watch retailer with over 100 sales outlets worldwide. The move will shake up the luxury watch market, giving Rolex far greater control over its distribution network and better...
Rolex Tops List of World's $1.3bn Stolen Watches

Rolex Tops List of World’s $1.3bn Stolen Watches

More than $1.3bn of luxury watches were reported as stolen or lost in 2022, according to The Watch Register, as thefts surge by 60 per cent. The London-based company holds a database of almost 80,000...
Swiss Watch Exports Boosted by Hong Kong Recovery

Swiss Watch Exports Boosted by Hong Kong Recovery

Swiss watch exports enjoyed another surge during June, buoyed in part by a 46 per cent increase in sales to Hong Kong, its third biggest market. Overall foreign sales for the month were up by...
One in 10 Luxury Watches are Fake, says Watchfinder CEO

One in 10 Luxury Watches are Fake, says Watchfinder CEO

As many as one in 10 luxury watches are fakes, says Arjen van de Vall, CEO of Watchfinder, the UK's largest seller of second-hand timepieces. He says it's getting harder and harder, even for his...
Swiss Watch Exports up 14% to $2.56bn in May

Swiss Watch Exports up 14% to $2.56bn in May

Swiss watch exports surged during May, up 14.4 per cent year-on-year to $2.56bn, driven in part by a huge increase in Chinese sales. That follows a more modest increase in April of 6.8 per cent,...
Unworn $345 Rolex Now Worth up to $700,000

Unworn $345 Rolex Now Worth up to $700,000

An amateur diver was astonished to learn that the Rolex he bought for just $345.97 in 1974 could now sell for as much as $700,000 at auction. He fell to the ground when he was...
Weekend of Watch Sales Brings in $108m

Weekend of Watch Sales Brings in $108m

The big three auction houses - Phillips, Sotheby's, and Christie's - sold watches for a combined total of $108m in a single weekend, dispelling concerns of a slowdown in the pre-owned market. Phillips sold all...
Last Emperor's Watch Sells for Record $6.2m

Last Emperor’s Watch Sells for Record $6.2m

A Patek Philippe owned by the last emperor of China sold for $6.2m at Phillips Hong Kong, smashing its pre-sale high estimate of $3m. It belonged to Aisin-Gioro Puyi, last emperor of the Qing Dynasty,...
Rolex 'Buys Back Own Watch for $2.5m'

Rolex ‘Buys Back Own Watch for $2.5m’

Rolex reportedly paid a record $2.5m at auction to buy back one of its own watches. The 1958 Milgauss steel sports watch, described as being in mint condition, smashed the estimate of $556,000 to $1,110,000...
$2.2m Estimate for Unique Platinum Rolex

$2.2m Estimate for Unique Platinum Rolex

A unique Rolex Yacht-Master, made entirely of platinum for the company's then CEO Patrick Heiniger, is to be sold with an estimate of €1m to €2m ($1.1m to $2.2m). The dial features diamond hour markers...

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