Following the announcement in July 2023 of its half-year results showing an impressive growth of 18% in sales, Swatch Group has just issued its key figures for the entire year 2023. The Biel-based conglomerate, owner of brands such as Omega, Longines, Tissot or Breguet, reports sales up by 12.6% at constant exchange rates, or 5.2% […]
Switzerland-based luxury conglomerate Richemont Group has just issued its trading update for the nine months ended 31 December 2023. The group, which includes brands such as Cartier, IWC, JLC and Vacheron, reports sales up by 8% at constant exchange rates and by 4% at actual exchange rates to EUR 5.6 billion for the last quarter […]
For some months now, we’ve heard and seen evidence that things were about to change at LVMH, a reshuffling strategy that industry insiders love to call the musical chairs of management. Things are now official as Julien Tornare, ex-CEO of Zenith, becomes CEO of TAG Heuer. He’s replaced in this role by Benoit de Clerck, […]
Without surprises, the arrival of a new year also means subsequent price changes for brands (and this isn’t limited to watch brands, but you’ll find these in multiple other industries). Last year already, we published the newly released price list of Rolex, which showed a rather impressive increase in the RRP of most models, with […]
Without surprises, the arrival of a new year also means subsequent price changes for brands (and this isn’t limited to watch brands, but you’ll find these in multiple other industries). Last year already, we published the newly released price list of Rolex, which showed a rather impressive increase in the RRP of most models, with […]
In 2001, Mr Pascal Raffy bought the Bovet watch brand, and ever since, he has been carefully building the brand with a strong focus on Haute Horlogerie and doing as much as possible “in-house”. The vertical integration at Bovet 1822, which is the brand’s full name, is pretty impressive, and the number of in-house-made parts […]
About a year ago, Louis Vuitton, through its manufacture of watches La Fabrique du Temps, announced the establishment of the Louis Vuitton Watch Prize for Independent Creatives, a biennial prize that celebrates the creative talent, savoir-faire and audacity of the independent watchmaking industry, to support and encourage artisans and entrepreneurs and accompany future generations. Since […]
We were recently invited to join the festive reopening of the Amsterdam Boutique of IWC Schaffhausen. Nestled in one of the most luxurious high streets in our nation’s capital is a haven where you can fully immerse yourself in the wonderful world of IWC. Step inside, and you can discover the brand’s various collections in […]
Despite being barely existent anymore or now a memory from the past, some brands continue to live within the collecting community, benefitting from a certain aura. One of these brands is Universal Genève, a once-prominent manufacturer known for its innovative designs (the Polerouter or the Tri-Compax, to name a few) and technically advanced movements (the […]
Horage is a truly unique company within the Swiss watch industry. And this is something you immediately feel when visiting the independent watchmaking brand’s facilities in Biel. If the setting is obviously that of a watchmaking company, it also feels like a start-up when you walk across the corridors, workbenches or machines… The reason why […]