Industry

News and information about the watch business

Breitling: Preparing for an IPO

According to documents obtained by Swiss finance news portal finews.ch, global private markets investment manager Partners Group is planning to acquire a majority stake in Swiss luxury watch brand Breitling. “Having built up a minority stake in Breitling through its private market funds in the fall of 2021, Partners Group plans to acquire a 50.3 percent...

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Dec 7, 2022 by Roger Ruegger

Sponsored: Feel the Heartbeat of the Rado True Square Open Heart

As Valentine’s Day approaches, so does the annual occasion to embrace love in every corner of the world. Taking the opportunity to do so this year is Rado, with the True Square Open Heart. The watch was designed in recognition and celebration of the precious moments and memories that make up every relationship. With two...

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Feb 7, 2023 by WatchTime

Watches and Wonders Creates Foundation Together with Rolex, Richemont, and Patek Philippe and Opens to the Public in 2023

After the success of the first edition of Watches and Wonders Geneva in 2022, Rolex, Richemont and Patek Philippe have decided to create the Watches and Wonders Geneva Foundation (WWGF), a not-for-profit foundation based in Geneva, established in September 2022. According to the trade show, the mission of the foundation is “to promote watchmaking excellence throughout the world...

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Oct 28, 2022 by Sabine Zwettler

GHPH 2022: A Closer Look at The Nominated Watch Brands

Since 2001, the Grand Prix d’Horlogerie de Genève (GPHG) has been awarding “the most remarkable creations in order to nurture the advancement of the art of horology worldwide.” As a result, the GPHG quickly became the most important and prestigious annual award in the industry, even though brands like Rolex, Patek Philippe (or any member...

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Oct 19, 2022 by Roger Ruegger

Sponsored: Artel Rotec Introduces New Sky Series

Independent watchmaker Artel Rotec is introducing its second collection, the Sky Series, this month, with the bold timepiece serving as a worthy follow-up to its V-Series limited edition sports watch lineup. Artel Rotec first formed in 2018, when designer and longtime watch collector Matthew Roknipour launched the brand as a family owned, independent watch company...

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Jan 25, 2023 by WatchTime

Jean-Claude Biver Joins Norqain’s Board of Directors as Advisor

Norqain, the young Swiss brand that was founded in 2018, announced a collaboration with Jean-Claude Biver. One of the most influential and respected experts of the industry, he has has brought success to every luxury watch brand he has been involved with. And it’s been many, from Blancpain and Omega to Hublot and TAG Heuer....

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Jun 8, 2022 by Sabine Zwettler

CEO Sascha Moeri Leaves Carl F. Bucherer

After 12 successful years as the CEO of Carl F. Bucherer and two years as the general manager of Bucherer Fine Jewellery, Sascha Moeri has decided to leave the company on June 30, 2022, to pursue new professional challenges. “We deeply regret Sascha Moeri’s decision. He has decisively shaped the positive development of the Carl F....

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Jun 7, 2022 by Sabine Zwettler

The WatchTime Q&A: An Interview with Uwe Ahrendt from Nomos

Since February 2022, “made in Glashütte” is a legally protected designation of origin that provides a significantly improved framework and is therefore a more effective protection for watches from the “cradle of German watchmaking.” WatchTime met with Uwe Ahrendt, managing director and general partner of the award-winning German watchmaker Nomos Glashütte, to discuss the significance...

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Apr 30, 2022 by Roger Ruegger

HSNY: Grace Fryer Scholarship for Female Watchmaking Students

The Horological Society of New York (HSNY) launches a new financial aid initiative to further its mission of advancing the art and science of horology — the Grace Fryer Scholarship for Female Watchmaking Students.

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Jan 25, 2022 by Roger Ruegger

Kering sells Ulysse Nardin and Girard-Perregaux

Breaking: UN and GP are being sold to the current management.

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Jan 24, 2022 by Roger Ruegger

Bucherer USA President Ira Melnitsky on Re-Opening Plans, New Logo for Re-Branded Time Machine Stores

Switzerland-based Bucherer, Europe’s leading retailer for watches and jewelry, announced the acquisition of Tourneau LLC, the largest luxury watch seller in the United States, back in January 2018. Since then, the watch industry and those who follow and cover it have anxiously awaited what this merger of timepiece titans will mean for both companies and...

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Jun 28, 2021 by Mark Bernardo

Gucci Turns 100 and Turns Up the Volume On its High Watchmaking

Italian fashion designer and entrepreneur Guccio Gucci founded his eponymous fashion house in 1921, and the first Gucci timepiece was released in 1972. Since then, Gucci has continued to produce watches alongside its array of other popular accessories, most of them notable more for their fashion-forward designs than for their level of horological ambitiousness. On...

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May 20, 2021 by Mark Bernardo

Breitling Launches #BreitlingSelect, a New Mono-brand Watch Subscription Program

On March 9, Swiss watchmaker Breitling unveiled its latest initiative in the new #BreitlingSelect program, a mono-brand watch subscription service. The program, which according to Breitling is the first subscription service to be offered by a singular independent brand, is the company’s latest effort towards expanding its reach to a larger audience, after its previous...

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Mar 15, 2021 by Caleb Anderson

TimeOut with WatchTime Debuts on January 21: Join Our Editors for a Virtual Discussion

For all those who attended and enjoyed our WatchTime Live virtual event back in the fall, as well as our earlier, and more intimate Independent Watchmakers roundtable event back in August, we’ve got exciting news for you. On January 21, at 12:00 PM EST, WatchTime will host the first in our new series of “TimeOut”...

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Jan 13, 2021 by WatchTime

The Show Must Go On(line): WatchTime Launches its First All-Digital Event

We knew this year would be different. We just didn’t know how different. A renamed and re-scheduled SIHH; a smaller and struggling Baselworld; LVMH, Seiko Group, and Movado Group branching off with their own events — we who follow and cover the watch industry were prepared for a crazy, unpredictable 2020, but little did we...

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Oct 6, 2020 by WatchTime

The Shortlisted Watches in This Year’s Grand Prix d’Horlogerie de Genève

The 2020 edition of the Grand Prix d'Horologerie de Geneve (GPHG) has announced the shortlisted (pre-selected) watches that will be competing for an award. Click here to see the full list.

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Sep 16, 2020 by WatchTime

Sports Cars for the Wrist: Porsche Design Launches Custom-Built Timepieces Program

Professor F.A. Porsche, originator of the iconic Porsche 911, founded the Porsche Design Studio in 1972, intending to apply the principles of luxury automobile design to other accessories such as watches. With the launch of Porsche Design's new Custom-Built Timepiece program, the worlds of car and watch design have connected so seamlessly.

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Jul 1, 2020 by Mark Bernardo

GPHG 2020: Open for Entries

In the last few weeks, the newly founded GPHG Academy has kicked off the 20th edition of the industry’s leading award show with several hundred pre-selected models for the competition. Now the time has come for the brands to do the same: As of today, watch brands can officially enter the 2020 edition of the...

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Jun 24, 2020 by WatchTime

Update on WatchTime’s Upcoming Event Schedule

This week, government officials announced a more rigorous approach towards large gatherings, stating the possibility of keeping significant events on pause until a vaccine is available. But what does that mean for WatchTime L.A and WatchTime New York?

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May 28, 2020 by Corey Vlahos

Fair Games: A Look at the Future of Swiss Watch Trade Shows

Two weeks ago, on April 14, Baselworld’s parent company MCH Group took note “with great surprise […] of the cancellation of major exhibitors at Baselworld,” namely Rolex, Patek Philippe, Chanel, Tudor, and Chopard. Two years before that, on July 30, 2018, the company’s former CEO René Kamm was already caught off guard by Swatch Group’s...

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Apr 23, 2020 by Roger Ruegger

Watches & Wonders 2020 Launches Digital Platform to Introduce New Products

Watches & Wonders 2020, the watch salon formerly known as the SIHH, was initially set to take place in Geneva in late April but was cancelled due to concerns about the worldwide coronavirus pandemic. Today, however, the Foundation de la Haute Horlogerie (FHH), organizers of the event, announced that the 30 watch brands slated to...

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Apr 20, 2020 by Mark Bernardo

A Mass Exodus and a New Beginning: Rolex, Patek Philippe, LVMH Leave Baselworld, Unite for Geneva Show; MCH Responds

The most chaotic and disruptive year in the watch industry in recent memory just got a little more so this morning, with the announcement that power players Rolex, Patek Philippe, Tudor, Chanel, and Chopard are exiting the Baselworld trade fair, re-scheduled to January 2021 after the 2020 exhibition was cancelled due to the worldwide pandemic....

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Apr 17, 2020 by Mark Bernardo

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