The Swiss government has prolonged its short-time work compensation scheme for the nation’s watchmakers, offering extended relief as the sector grapples with the effects of new US import tariffs. Following the introduction of a 39% tariff on Swiss watches by the United States in August 2025, Swiss authorities confirmed that the scheme—originally designed as a […]

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LVMH saw improved performances from its watches and jewelry businesses during 2023, with reported revenue up three per cent to $11.84bn. Organic revenue grew by a “robust” 7 per cent and profit from recurring operations was also up 7 per cent, the company said in its full year results published on 25 January. The French […]

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Laings the jeweller is set to introduce its Welsh clientele to Patek Philippe next month as it launches its stunning new showroom in Cardiff. With a shared passion for quality craftsmanship and a commitment to excellence, the family-run jeweller values its relationship with Patek Philippe, having worked together elsewhere in the UK for almost 20 […]

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