There is no doubt that the global COVID-19 pandemic will take a heavy toll on the watch industry. After two consecutive months of decrease (-9% in February and -22% in March), The Swiss Watch Federation (FHS) has just released its statistics for the month of April 2020 and, as expected, exports fell sharply. A direct […]
Usually, we would start by saying “we sat down with Mr Schmid, CEO of A. Lange & Söhne, to discuss the brand’s newest releases” or something along those lines. Well, not today. Last week I met ‘virtually’ with Wilhelm Schmid during a Zoom meeting for an interview about the two novelties A. Lange & Söhne […]
After successfully launching its gallery for pre-owned and vintage watches in Geneva, back in September 2019, Bucherer, the world’s largest watch retailer, which has been selling only new watches for decades, continues the expansion of its ‘Certified Pre-Owned’ programme and now introduces this service in its Parisian flagship store – said to be the world’s […]
In a statement released this morning, luxury group Richemont – the owner of multiple high-end watch brands, such as IWC, Lange, JLC or Cartier – has announced its results for the year ended 31 March 2020. On a yearly basis, the group recorded revenues of EUR 14, 238 million, up 2% at actual exchange rates […]
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 […]