Swiss conglomerate Swatch Group has reported a significant increase in sales for the past financial year despite grappling with currency fluctuations. Swatch Group - which owns brands such as…
Retailer Watches of Switzerland has lowered its full-year forecast, citing an adverse market for luxury timepieces. The UK-based retailer expects sales of between £1.53 billion ($AU2.95 billion) and £1.55…
Watch industry juggernaut Rolex has been fined €91.6 million ($AU149.2 million) by France’s competition authority for preventing authorised dealers from selling new watches online. Rolex has a worldwide policy…
An iconic Rolex GMT-Master worn by actor Marlon Brando in Francis Ford Coppola’s 1979 film ‘Apocalypse Now’ has become embroiled in a civil lawsuit. The watch was sold at…
According to The Watch Register, a global database for lost and stolen watches, thefts have increased by 60 per cent in the past year. The London-based company maintains a…
Luxury juggernaut Rolex has stunned the international watch industry by announcing the acquisition of Swiss retailer Bucherer. Bucherer began in 1888 when entrepreneur Carl-Friedrich Bucherer and his wife Luise…
Online marketplace eBay is celebrating the expansion of its luxury watches division since the launch of the authenticity guarantee program in 2021. The scheme involves the assessment of watches…
The Richemont Group has unveiled a new digital platform where users can upload and share information about watches and jewelery in a bid to limit theft. Named 'Enquirus', the…
A busy week in Switzerland concluded for Watches and Wonders Geneva 2023 with record figures, including a near doubling of attendance from visitors. More than 43,000 visitors took…