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Swatch falls short of expectation despite MoonSwatch success
Blog

Swatch falls short of expectation despite MoonSwatch success

Swiss conglomerate Swatch Group is anticipating a strong increase in sales in the year ahead after reporting a healthy 2.5 per cent improvement for 2022. Revenue reached $US8.15 billion…

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January 30, 2023
Morgan Stanley warns against investing in high-end watches
Blog

Morgan Stanley warns against investing in high-end watches

The second-hand market for luxury timepieces has been a treasure trove for certain collectors in recent years, however, one industry expert is cautioning against viewing the world's most sought-after…

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January 12, 2023
CEO concedes MoonSwatch madness could have been avoided
Blog

CEO concedes MoonSwatch madness could have been avoided

A collaboration between two iconic watch brands - Swatch and Omega - was one of the biggest talking points of 2022 and led to pandemonium in shopping centers around…

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January 10, 2023
Swatch Group to steer clear of second-hand market
Blog

Swatch Group to steer clear of second-hand market

Swatch Group has no plans to issue certification for second-hand watches despite a recent dramatic change in approach from an industry-leading rival. In early December Swiss watch manufacturer Rolex…

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January 9, 2023
Revenue spike for Watches of Switzerland
Blog

Revenue spike for Watches of Switzerland

Luxury watch retailer Watches of Switzerland has reported a 31 percent increase in revenue for the opening half of the 2023 fiscal year. Revenue climbed to £765.2 million ($AU1.39…

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December 15, 2022
Leaving the pandemic blues in the dust
Blog

Leaving the pandemic blues in the dust

As the industry bounces back from the ravages of COVID-19, there have been many 'positives' over the past two years. ANGELA HAN says the sentiment should remain optimistic for…

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July 31, 2022
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