British heritage watch winder and accessories brand Wolf has announced the opening of its Americas headquarters in El Segundo, a coastal city in Southern California. The move strengthens the 190-year-old brand's presence in the Americas, which remains a key market for Wolf. Officially opening its new office during a grand ribbon-cutting ceremony...
12 Mar 2025
New York-based designer brand Michael Kors has extended its licensing agreement with the Fossil Group to continue creating its watches and jewellery. The move will see Michael Kors remaining a Fossil Group-licensed brand through 2027. John D. Idol, chairman and chief executive of Capri Holdings Limited and chief executive of Michael Kors, said...
14 Feb 2025
Zurich - Swiss watch exports contracted by 2.8 percent in 2024 to 25.9 billion Swiss francs (23 billion pounds) due to a drop of more than 25 percent in China, the Federation of the Swiss Watch Industry announced on Thursday. After reaching a historic high in 2024, exports continued to decline month after month last year, with the watchmaking...
30 Jan 2025
LVMH Watch Week is back for its sixth edition. This year, the show exhibiting the luxury group's new watchmaking products is being held in two major cities: New York and Paris. After Dubai and Singapore, then Miami in 2024, LVMH has chosen New York and Paris to present the new watchmaking products of nine of its brands to the press. In New York,...
23 Jan 2025
Zurich – The frenzied demand for pre-owned watches has subsided, but the market continues to organise itself and grow faster than that of new watches, according to a study published on Thursday by Deloitte. The pre-owned watch market had accelerated in the wake of the Covid-19 pandemic before experiencing a sharp reversal, but remains poised for...
16 Jan 2025
Generation Z consumers, born between 1997 and 2012, are “making waves” in the pre-owned luxury watch sector, according to new research from pre-owned watch specialist Watchfinder & Co. The research, looking into the purchasing habits of Gen Z consumers in the UK, found that this generation is redefining luxury watch trends, as over half (54...
2 Dec 2024
French luxury fashion house Chanel has signed a long-term partnership deal with the annual boat race between Oxford and Cambridge universities to become The Boat Race’s title sponsor and official timekeeping partner. The historic event, established nearly 200 years ago in 1829, is the oldest major sporting event in the UK, with the dark and...
22 Oct 2024
Zurich - Swiss watch exports suffered their steepest fall this year in September, pulled down by a 50-percent plunge in sales to China, the industry's federation said Thursday. It marks the latest sign of weakening demand in the world's second-largest economy, which has hit Europe's luxury sector. Sales to Hong Kong also fell 34.6 percent during...
17 Oct 2024
The Watches of Switzerland (WOSG) has set its sights on an expanded audience through the acquisition of Hodinkee, an editorial content provider for luxury watch enthusiasts. The move builds on an ongoing Long Range Plan at the group, which aims to “leverage existing growth opportunities by growing sector leadership online”. This latest...
4 Oct 2024
The watch industry has experienced a well-received boom in recent years. One niche aspect of this market that is often overlooked by outsiders, but retains importance among watch enthusiasts, is that of boxes and cases for the cherished accessory. It is a market, alongside jewellery boxes, that Wolf has been championing for 190 years, yet it is...
24 Sept 2024
A recent analysis by Watches2U has unveiled a startling trend in the global market for counterfeit timepieces, with the UK emerging as the epicentre of online searches for fake watches. This development comes in the wake of a 2023 report that identified over one million counterfeit watches circulating in the UK market, accounting for a...
19 Sept 2024
Galeries Lafayette Haussmann, the flagship department store of Galeries Lafayette in Paris known for its Art Nouveau Dome, has opened a dedicated space for pre-owned watches and jewellery. On LinkedIn, the Galeries Lafayette group explained that the opening of this new space reflects a strong demand from its clientele. Located on the ground...
1 Aug 2024