Watches

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A DIAMOND NECKLACE ON DISPLAY
Retail

Cartier owner Richemont shines with better-than-expected sales as poor China demand offset by rest of the world

By Prarthana Prakash and AFP
January 16, 2025
Mark Zuckerberg giving a speech
Lifestyle

Mark Zuckerberg wore one of the rarest watches in the world, worth $900,000, while announcing the end of fact-checking at Meta

By
January 9, 2025
A bundled-up shopper looks at a Rolex holiday display window.
Retail

Rolex quietly raises prices more than 8% after gold bashes through new records

By
January 2, 2025
Swiss watch exports fall again amid plummeting demand in China
Retail

Swiss watch exports fall again amid plummeting demand in China

By Andy Hoffman and Bloomberg
November 19, 2024
John Lennon’s rare Patek Philippe was stolen, sold for €600,000 and smuggled through Germany and Switzerland—but after 44 years it’s finally returned to its rightful owner
Lifestyle

John Lennon’s rare Patek Philippe was stolen, sold for €600,000 and smuggled through Germany and Switzerland—but after 44 years it’s finally returned to its rightful owner

By Robin Millard and AFP
November 15, 2024
All the Rolex Submariner watches ever made are now near a total $50 billion market value
Retail

All the Rolex Submariner watches ever made are now near a total $50 billion market value

By Andy Hoffman and Bloomberg
November 13, 2024
Swiss watch exports plunge as Chinese demand dries up
Retail

Swiss watch exports plunge as Chinese demand dries up

By Andy Hoffman and Bloomberg
October 17, 2024
U.K. Rolex dealer buys watch site Hodinkee backed by LVMH and Tom Brady
Finance

U.K. Rolex dealer buys watch site Hodinkee backed by LVMH and Tom Brady

By Andy Hoffman and Bloomberg
October 4, 2024
Swiss brand Omega suffers major decline despite leading Paris Olympics—Rolex, Patek Philippe and Audemars Piguet gain
Finance

Swiss brand Omega suffers major decline despite leading Paris Olympics—Rolex, Patek Philippe and Audemars Piguet gain

By Andy Hoffman and Bloomberg
September 13, 2024
Swiss watchmakers put employees on state-funded furlough as luxury demand disappears
Lifestyle

Swiss watchmakers put employees on state-funded furlough as luxury demand disappears

By Andy Hoffman and Bloomberg
September 4, 2024
The creation of the Rainbow Daytona marks an important moment in Rolex’s history as it displayed the brand’s ability to craft ultra-high-end jewelry watches using innovative gem-setting techniques.
Retail

The first-ever Rolex Rainbow Daytona from the 1990s heads to auction and could fetch over $3.5 million

By Andy Hoffman and Bloomberg
August 27, 2024
Albanian watchmaker’s $1.4 million ‘Primordial Passion’ one-of-a-kind timepiece is set to compete against the top watches at the Grand Prix d’Horlogerie de Genève
Lifestyle

Albanian watchmaker’s $1.4 million ‘Primordial Passion’ one-of-a-kind timepiece is set to compete against the top watches at the Grand Prix d’Horlogerie de Genève

By Briseida Mema and AFP
August 8, 2024
Max Verstappen of Netherlands, Oracle Red Bull Racing, portrait during the Formula 1 Rolex Australian Grand Prix of FIA Formula One World Championship from 30th of March to 2nd of April, 2023 on the Albert Park Circuit, in Melbourne, Australia. (Photo by Gongora/NurPhoto via Getty Images)
Retail

Rolex downturn? LVMH’s ‘smaller’ Swiss watch brand grapples with Rolex over $150 million Formula 1 sponsorship deal

By Andy Hoffman, Angelina Rascouet and Bloomberg
July 24, 2024
Cartier's flagship store on Old Bond Street in London.
Finance

Cartier and Van Cleef & Arpels owner Richemont shines bright as sales climb—offsetting declines from China and luxury watches

By Andy Hoffman and Bloomberg
July 16, 2024
A display of Omega SA watches in the window of a Watches of Switzerland Group Plc store on Regent Street in London, UK, on Wednesday, Aug. 30, 2023. One of Watches of Switzerland Group Plc's biggest investors cut its stake in the UK-listed timepiece retailer less than 24 hours after Rolex SA decided to buy a rival, Bucherer AG. Photographer: Jose Sarmento Matos/Bloomberg via Getty Images
Finance

Omega owner Swatch Group’s moment has passed as profits drop 70% in 6 months: ‘The big impact is really mainly China’

By Andy Hoffman and Bloomberg
July 15, 2024

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