watchmaking news and archive

US tariffs drive deceptive spike in Swiss watch exports

Boosted by a surge in US demand, Swiss watch exports jumped by 18.2 percent in April 2025. However, this increase mainly masked the sector's deep concern about the new tariffs imposed by Washington. A cyclical surge linked to US trade policy The Swiss watch industry experienced a spectacular upturn in April 2025. According to data from the...

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Chanel acquires minority stake in watchmaker Kenissi

Chanel is looking to strengthen its position in the watchmaking market. The French fashion house has acquired a 20 percent stake in Kenissi, a Swiss company making small timepiece parts, Reuters reports. Kenissi joins a number of other watch companies in Chanel’s investment portfolio, which also includes Bell & Ross, Romain Gauthier, G&F...