Watches news and archive

Switzerland: watch exports fall by 1 percent in March

Swiss watch exports contracted by one percent in March to 2.1 billion Swiss francs, driven down by the US market, according to figures published on Tuesday by the Federation of the Swiss Watch Industry (FH). American market in decline In March, exports to the US, the largest market for Swiss watchmakers, fell by 1.6 percent compared to the same...

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Fairs

Swiss watchmakers say time will tell on effects of Mideast conflict

The Middle East war has plunged Swiss watchmakers into uncertainty, testing the resilience of an iconic national industry already shaken by several crises. Behind the opulent booths at the Watches and Wonders fair in Geneva, the industry's biggest annual showcase, the conflict is on everyone's lips. The war is not the first crisis that...

Fairs

Geneva watch fair set to show war's effect on luxury sector

The Geneva watch fair opens on Tuesday and will be taken as a barometer of how the Middle East war is affecting the luxury goods sector. The Watches and Wonders salon -- the industry's biggest annual event -- sees 65 major watch brands, including Rolex, Patek Philippe, Cartier and Bulgari, display their latest creations until April 20. Despite...

Retail|IN PICTURES

Madrid's Milla de Oro welcomes Patek Philippe's first Spanish boutique

Patek Philippe has taken a decisive step in Spain by opening its first mono-brand boutique at 62 Calle de Serrano, in the heart of Madrid's Milla de Oro. Although the opening took place discreetly at the end of February, the Swiss Maison has now officially announced the news. This consolidates its presence in the country and reaffirms a historic...

Fashion

Citizen to release watch collection with Vera Wang

Watch company Citizen has announced it is launching a designer collaboration with Vera Wang in spring 2027, as part of the brand’s investment in its women’s watch business. The Vera Wang for Citizen collection is part of the watchmaker’s 50th anniversary of its Eco-Drive Innovation. It has been developed “through a close creative partnership”...

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Business

American Exchange Group acquires watchmaker E. Gluck Corporation

Accessories and manufacturing firm American Exchange Group has acquired the assets of respected watchmaker E. Gluck Corporation for an undisclosed amount. The acquisition will form a new company, E. Gluck Holdings LLC, which aims to operate as “the premier and largest wholesale fashion watch and jewellery company in the industry,” explains...

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Business

Watches of Switzerland sees strong sales growth in Q3, updates guidance

Watches of Switzerland Group experienced continued positive sales growth in both the US and UK markets, driven by a strong holiday season. For the 13 weeks ended January 25, 2026, the company saw sales growth ahead of expectations. Demand for luxury brands remained strong, outpacing supply in both the UK and US. The US market delivered...

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Business

Swiss watch exports contract by 1.7 percent in 2025

Zurich - Hit by US tariffs, Swiss watch exports contracted by 1.7 percent in 2025 despite a rebound in December, according to statistics published on Thursday by the Swedish watch federation. In 2025, Swiss watch exports amounted to 25.6 billion francs (33.32 billion dollars). This marked a decline for the second consecutive year, following a...

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Business

Swiss watchmakers halt US shipments awaiting lower tariffs

Zurich, Switzerland – Swiss watch exports to the US plummeted again in November, as manufacturers delayed shipments in anticipation of a tariff reduction to 15 percent. According to data from the watchmaking federation published on Thursday, exports to the US fell by 52.3 percent in November. This follows declines of 46.8 percent in October,...

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Business

Watches of Switzerland delivers H1 revenues increase of 10 percent

The Watches of Switzerland Group PLC announced a strong first-half performance for fiscal year 2026, delivering 10 percent growth in Group revenue at constant currency to 845 million pounds, with statutory profit before tax surging 50 percent to 61 million pounds. The primary engine of this growth was the robust U.S. market, where revenue jumped...

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Business

Movado Group Q3: Improved sales and profitability amid tariff concerns

Movado Group, Inc. delivered higher sales, stronger margins and improved profitability despite continued tariff pressures for the third quarter ended October 31, 2025. Net sales rose 3.1 percent to 186.1 million dollars, driven by growth in licensed brands and company stores, even as owned brands moderated. U.S. net sales increased 6.9 percent,...

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Business

Watchmaker Breitling announces ‘House of Brands’ portfolio

Swiss luxury watch manufacturer Breitling has formed a strategic ‘House of Brands’ portfolio with Universal Genève and Gallet, following its acquisition of the historic watch companies earlier this year. The three watch maisons will unite under “one strategic vision,” the watchmaker unveiled at Dubai Watch Week today, November 19, as together...