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Search Results - Watches

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Revenue climbed to £765.2 million ($AU1.39 billion) for the sales period ending 30 October, a nearly one-third rise compared with the same period in 2022.

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Revenue spike for Watches of Switzerland

Luxury watch retailer Watches of Switzerland has reported a 31 per cent increase in revenue for the opening half of the 2023 financial year. Read more »

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Ultra-rare watch to lead auction, Patek Philippe acquires gem-setting company

A gold Patek Philippe dubbed ‘the holy grail’ timepiece amongst elite watch collectors is expected to fetch as much as $US2 million ($AU3.08 million) at an upcoming Phillips Asia auction in November. Read more »
Despite rising sales in the past three months, a Watches of Switzerland spokesperson has warned of a "potentially more challenging trading environment" for the remainder of the year.

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Watches of Switzerland expects a challenging year ahead

Despite rising sales in the past three months, a Watches of Switzerland spokesperson has warned of a "potentially more challenging trading environment" for the remainder of the year. Read more »
Watches and Wonders Geneva will run from 27 March through 2 April in 2023.

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Official dates secured for Watches and Wonders Geneva

Organisers have confirmed Watches and Wonders Geneva will take place from 27 March through 2 April next year. Read more »
Watches of Switzerland UK sales increased by 34 per cent to £810 million ($AU1.425 billion) in 2022.

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Sales record broken for Watches of Switzerland

Despite encountering significant hurdles, iconic luxury manufacturer Watches of Switzerland has reported recording breaking sales revenue for the fiscal year. Read more »
Luxury watches have been used as an investment option amid volatile stock market conditions.

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Luxury watch prices slump, US sales down

The price of used luxury watches has declined for the first time in two years. Read more »
The launch of the MoonSwatch generated long lines in Sydney and Melbourne in March.

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MoonSwatch won't be available online

Enthusiasts hoping to become owners of the Omega x Swatch Speedmaster Bioceramic MoonSwatch will still need to attend a store in-person, with a spokesperson confirming that online access will not be offered. Read more »
The new partnership between Duraflex and Edox will be launched at the International Jewellery Fair in Sydney, running from 27-29 August.

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Edox returning to Australian stores

Duraflex Group Australia (DGA) has confirmed an exclusive new distribution partnership with legendary Swiss watch manufacturer Montres Edox et Vista SA (Edox). Read more »
Launched in 1989, this rare Patek Phillipe was considered one of the most technically sophisticated watch of the time.

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Rare Patek Philippe blows auction estimate out of the water

A 1990 Patek Philippe watch has set an auction record, surpassing its pre-sale estimate during the Phillips Hong Kong tender. Read more »
Omega commemorative watches were engraved with numbers and presented to US officials and NASA astronauts.

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Rare Omega Speedmaster shatters auction estimates

A 1969 Omega Speedmaster watch which once belonged to Apollo 11 astronaut Michael Collins was sold for $US765,000 ($AU1.06 million) during the Heritage Fine Watches & Timepieces Signature Auction in Texas. Read more »
Watches and Wonders Geneva 2022

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Watches and Wonders Geneva foreshadows a brighter tomorrow

In April, Watches & Wonders Geneva 2022 made a most welcome restart to the established cycle of Swiss watch industry fairs. MARTIN FOSTER takes a look at a successful return after the two-year global disruption caused by the COVID pandemic and political uncertainty. Read more »
The Omega x Swatch MoonSwatch collaboration recreates the famous design of the Omega Speedmaster Moonwatch but with Swatch's BioCeramic case and comes in 11 colours to represent the planets from our solar system.

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Omega x Swatch chaos takes over Australian shopping centres

Shopping centres in Melbourne and Sydney were flooded with thousands of people trying to get their hands on the latest headline generating timepiece on Saturday 26 March, ahead of other major global markets.  Read more »
The suspension of exports from the group could be a major blow to wealthy Russians wanting to acquire assets of value amid the plummeting value of the Russian rouble.

News
Swatch Group halts exports to Russia

Swiss watch conglomerate Swatch Group – which owns Omega, Longines, Tissot, and Breguet, among others – has announced it has halted exports to Russia. Read more »
Watches and Wonders Geneva 2022 is scheduled to take place on March 30th to April 5th, 2022

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Watches and Wonders Geneva 2022 to push through with hybrid events

It’s all systems go for the much-anticipated Watches and Wonders Geneva 2022 on 30 March to 5 April at Palexpo Geneva with 38 fashion and luxury brands participating, according to the show’s organisers. Read more »
The bulk of revenues generated for the quarter was delivered by the sale of luxury watches posting an increase of 40.5 per cent at £508.8 million ($AU946 million) compared with the same period last year at £362.1 million ($AU673.3 million).

News
Strong sales for luxury watch retailer; 41 per cent increase

The Watches of Switzerland Group has announced a very strong trading performance for its first half-year sales ending 31 October as group revenue reached £586.2 million ($AU1.09 billion). Read more »

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