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Have Luxury Watches Become Too Expensive?
Marc Hayek, Blancpain’s CEO and a member of the family that controls Swatch Group, warns aggressive price hikes at Omega, Longines and more are undermining performance even as his own brand seeks to get back in the conversation with a $2 million dollar watch.
Have Luxury Watches Become Too Expensive?
Marc Hayek, Blancpain’s CEO and a member of the family that controls Swatch Group, warns aggressive price hikes at Omega, Longines and more are undermining performance even as his own brand seeks to get back in the conversation with a $2 million dollar watch.
Swatch’s Racism Controversy Ticks Up Growing Challenges
The Swiss watch giant is under fire for an ad depicting an Asian model pulling their eyes into slits — sparking outrage in China, its biggest market. The backlash comes as tariffs, a strong franc and weak demand weigh on the watch industry like rarely before.
Swatch’s Racism Controversy Ticks Up Growing Challenges
The Swiss watch giant is under fire for an ad depicting an Asian model pulling their eyes into slits — sparking outrage in China, its biggest market. The backlash comes as tariffs, a strong franc and weak demand weigh on the watch industry like rarely before.
End Times for Swiss Watchmakers?
This week, President Trump’s tariff on Switzerland went into effect, landing levies of 39 percent on every watch the country exports to the US. For some Swiss watchmakers, the threat is existential.
End Times for Swiss Watchmakers?
This week, President Trump’s tariff on Switzerland went into effect, landing levies of 39 percent on every watch the country exports to the US. For some Swiss watchmakers, the threat is existential.
Why Fashion Brands and Wealthy Americans (Still) Love London
The British economy may be in the doldrums, but London remains a magnet for international fashion brands and American tourists, writes Imran Amed.
Why Fashion Brands and Wealthy Americans (Still) Love London
The British economy may be in the doldrums, but London remains a magnet for international fashion brands and American tourists, writes Imran Amed.
Can Switzerland’s Third-Largest Watch Brand Continue To Rise?
Omega’s sales have recovered and surpassed pre-Covid levels, CEO Raynald Aeschlimann said. But aggressive price hikes, step-and-repeat marketing and an authenticity scandal could challenge the Swatch-owned brand’s ascent.
Can Switzerland’s Third-Largest Watch Brand Continue To Rise?
Omega’s sales have recovered and surpassed pre-Covid levels, CEO Raynald Aeschlimann said. But aggressive price hikes, step-and-repeat marketing and an authenticity scandal could challenge the Swatch-owned brand’s ascent.
Higher Values, Lower Volumes: The New Shape of the Watch Sector
In luxury watches, revenues are up but volumes are down, creating new winners, losers, opportunities and threats, writes Robin Swithinbank.
Higher Values, Lower Volumes: The New Shape of the Watch Sector
In luxury watches, revenues are up but volumes are down, creating new winners, losers, opportunities and threats, writes Robin Swithinbank.
Watches of Switzerland Considers London IPO
With revenues of £746 million, the IPO could value the company at up to £1 billion.
Watches of Switzerland Considers London IPO
With revenues of £746 million, the IPO could value the company at up to £1 billion.
Cartier, Rolex and Omega Lead Swiss Rankings for Fine Watches
A Swiss industry group has published the findings of the first comprehensive effort to classify high-end Swiss brands in a business where the perception of exclusivity equals all-important bragging rights.
Cartier, Rolex and Omega Lead Swiss Rankings for Fine Watches
A Swiss industry group has published the findings of the first comprehensive effort to classify high-end Swiss brands in a business where the perception of exclusivity equals all-important bragging rights.
Swiss Watch Exports Have Biggest Monthly Drop in Seven Years
Swiss watch exports plunged 16 percent in October, as demand weakened in almost every major market for Rolex and Omega timepieces.
Swiss Watch Exports Have Biggest Monthly Drop in Seven Years
Swiss watch exports plunged 16 percent in October, as demand weakened in almost every major market for Rolex and Omega timepieces.
James Bond’s Favourite Watch Tackles $6,000 Mission: Millennials
Omega is putting more than 140 million Swiss francs ($146 million) of James Bond watches up for sale this year, based on the number being sold and their recommended retail price.
James Bond’s Favourite Watch Tackles $6,000 Mission: Millennials
Omega is putting more than 140 million Swiss francs ($146 million) of James Bond watches up for sale this year, based on the number being sold and their recommended retail price.