While Spring has come to Switzerland, the sky over the town of Basel remains cloudy and grey as the (sad) story continues. Already under pressure after the departure of Swatch Group, followed by the exodus of multiple other exhibitors and coupled with the current sanitary crisis, MCH, the owner of Baselworld, was forced to cancel […]
Independent watchmaker Ressence and Sotheby’s Watch Division are joining forces against coronavirus this season and launching a competition to design a unique watch. For the first time ever, watch lovers will have the chance to create their own interpretation of one of Ressence’s latest models, the Type 1 Slim. And the winning design will make […]
In tune with the times – and also with the current situation, with most brick-and-mortar shops closed – Omega goes digital and now offers the possibility for European collectors to purchase most of its watches online, via a newly opened boutique on its official website. This means that you can now order your Speedy or […]
Following the trend initiated in February 2020, with a decline of 9.2% of exports, the FHS, the Swiss Watch Federation, just released its export statistics for the month of March 2020, showing even more than before the effect of COVID-19 on the markets – but keep in mind that these numbers are related to exports, […]
Following the trend initiated in February 2020, with a decline of 9.2% of exports, the FHS, the Swiss Watch Federation, just released its export statistics for the month of March 2020, showing even more than before the effect of COVID-19 on the markets – but keep in mind that these numbers are related to exports, […]
There is no doubt that the outbreak of the COVID-19 pandemic will take a heavy toll on the watch industry. Watch brands are facing a collapse in sales and this crisis will be one of the gravest in decades. Nobody knows what the exit scenario from lockdown will be and how deep and how long […]
There is no doubt that the outbreak of the COVID-19 pandemic will take a heavy toll on the watch industry. Watch brands are facing a collapse in sales and this crisis will be one of the gravest in decades. Nobody knows what the exit scenario from lockdown will be and how deep and how long […]
After the “bomb” that was dropped by Rolex, Tudor, Patek Philippe, Chopard and Chanel earlier this week, concerning their decision to leave Baselworld, there is no longer any doubt about the (low) relevance of Baselworld for major brands. Subsequently, we have just been told that all four LVMH Brands, those from the watch Division – […]
As a first reliable indicator of the impact of COVID-19 on the luxury industry, the French powerhouse and market leader, LVMH has just announced its results for the first quarter of 2020. A period that accounts for the first weeks of lockdown and closed shops, both for the Asian and European markets. With sales down […]
This is something BIG, one of the most important pieces of news we’ve received recently. This, believe us, will have the effect of a bomb on the industry: Rolex, Patek Philippe, Chanel, Chopard and Tudor have announced they will leave Baselworld to create a new watch trade show in Geneva together with the Fondation de […]