This is it… the most exciting time of the year for watch aficionados, retailers and journalists is just around the corner. Watches and Wonders Geneva 2023 will open its doors on March 27th for the most important watch industry event of the year and a full week of watch madness. With the multiple events and […]
Mechanical watches have long lost their status as essential instruments, becoming emotional items that can say a lot about the owner. It’s all about the passion, the romantic feel to have a mechanical object rather than looking at the time on a phone… For this reason, the customisation of watches, the ability to create a […]
If you’re into independent watchmaking, the name Daniel Roth should immediately speak to you. One of the most sought-after independent watchmakers, and a man who was instrumental in the return of high-end mechanical watchmaking in the 1980s and 1990s (including his work on the resurgence of Breguet), the brand Daniel Roth has known many lives… […]
Known for creating some of the most striking high-complication watches and for its disruptive design, Jacob & Co communicated for the first time its financial results. According to the company, the revenue growth was +132% from 2020 to 2022. From $81 million in 2020 to $137 million the following year, revenue reached $188 million in 2022 […]
LVMH, the world’s largest luxury goods company, has just released its results for 2022. The luxury goods market took a further leap forward, and it has been another record year for the French powerhouse, with a revenue of EUR 79.2 billion, up 23% compared to 2021. The profit from recurring operations is also up 23% […]
Ten years ago, in 2013, Omega presented the first stage of its journey towards higher levels of anti-magnetism and accuracy. With a model based on the Seamaster Aqua Terra, the brand developed a watch capable of resisting magnetic fields up to 15,000 gauss. This was the first milestone in a story that later, combined with […]
Old is gold. Rounding out a collection with some pre-owned timepieces is a very special feeling, especially if we are talking about emblematic or rare models… As the trend for vintage watches consolidates, the market for second-hand luxury watches is growing fast. In its 2022 Swiss Industry Report, Deloitte estimates that the pre-owned market accounts […]
Following a couple of years drastically impacted by the COVID-19 pandemic, the luxury industry in general and the watch industry, in particular, have been on the rise again since the end of 2021. According to consulting company Bain & Co, sales of luxury goods are anticipated to grow by over 20% in 2022, and the […]
Last month, right after the Federation of the Swiss Watch Industry released its monthly press release with watch export statistics, we indicated (in this article) that the Swiss watch industry was about to record its best-ever export performance over the course of a year in 2022. By the end of November 2022, exports were up […]
With a personal passion for watches (especially sports chronographs from the 1960s and 1970s), cars, motorcycles and everything mechanical since a young age, Nicholas Biebuyck has been collecting watches the whole of his adult life. He worked in the auction industry for Christie’s and Bonhams before joining TAG Heuer as Heritage Director in 2021. On […]