16/06/2022
• Samuel Ord
The Australian Competition and Consumer Commission (ACCC) has introduced changes to the standards applied to lithium coin cell and button cell battery safety standards, commonly used in watches.
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23/08/2016
• Lewis Dyson • Staff Journalist
Swiss watch brand Alfex is set to undergo a relaunch in Australia, complete with a new local supplier, service centre and product range.
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27/06/2016
• Lewis Dyson • Staff Journalist
Local watch supplier Time Essentials has entered administration, with trading reportedly suspended until further notice.
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10/11/2015
• Stephanie Chan • Staff Journalist
The evolution of watch manufacturing has prompted one of Australia’s oldest watch and clock suppliers to close up shop.
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19/11/2013
• Emily Mobbs • Former Editor
After what could be considered a long period of uncertainty,
Switzerland’s competition authority has confirmed that Swatch Group must
continue supplying third-party watchmakers with some finished movements
until the end of 2019.
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23/07/2013
• Emily Mobbs • Former Editor
In what is said to be a victory for independent watchmakers, the Swatch
Group has been prevented from dramatically cutting distribution of its
watch components to other companies next year.
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28/08/2012
• Dean Millard • Staff Journalist
Rolex and Harry Winston have both proceeded to take legal action
against companies they feel have damaged the value of their brands.
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24/07/2012
• Dean Millard • Staff Journalist
Swiss watch giant comes to initial agreement with antitrust authority on the restricted distribution of its watch parts.
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23/04/2012
• Dean Millard • Staff Journalist
A movement has started to maintain Australian watchmakers’ rights to
access Swiss watch parts, with more than 1,000 people already showing
their support.
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17/01/2012
• Aaron Weinman
Swatch Group announced record sales of $7.5 billion for 2011 and reduced sales of components to rivals by 15 per cent.
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20/09/2011
• Aaron Weinman
Watchmaker Swatch Group announces termination of cooperation contracts with Tiffany & Co New York.
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13/09/2011
• Aaron Weinman
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21/06/2011
• Sonia Nair
The world’s largest watchmaker Swatch Group has initiated an investigation that may finally allow it to reduce its deliveries of mechanical watch movements and components to third parties.
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10/05/2011
The jewellery industry is being urged to prepare for stricter statutory requirements for warranties as part of the new Australian Consumer Law, as there will be hefty fines for those who fail to comply.
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07/12/2009
A court case involving watchmaker, Swatch, could have explosive ramifications on the jewellery industry. Now adjourned until next year, the ACCC could also investigate allegations of price fixing.
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