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 the group’s intention to list but was dependent on financial institutions voicing support for the move. No price has been […]

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Chile’s Codelco, the world’s No. 1 copper producer, made headlines recently not for its production of the red metal but for putting an end to a centenary tradition. For decades, the National Copper Corporation gave away expensive gold watches to workers that have been with the company for over 30 years. But the practice came […]

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World-famous Swiss watch brand Maximilian Busser and Friends (MB&F) is going where it’s never gone before, finally launching the first MB&F timepiece for women. It’s fully set with diamonds and according to Forbes, comes with a price tag to match – $300,000. The Legacy Machine FlyingT is a three-dimensional piece featuring a round case in […]

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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 sell often end up online at a discount. ZURICH: Buying a second-hand luxury watch on eBay should get easier next year […]

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Swiss luxury goods group Richemont reported a 3 percent growth in sales for the year ended March 31, 2018 on the back of strong retail performances of jewellery and watches. It also cited an improved macroeconomic environment, steady progress on Richemont’s transformation agenda and a mixed currency environment as growth drivers. “Sales increased by 3 […]

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