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Patek Phillipe

  • Total value of luxury watches stolen tops £1.6bn

    Retail

    Criminal gangs are “entrenched” in the theft of luxury watches, a chairman of a watch recovery database has warned after registered losses surged. The Watch Register, the world’s largest international database of lost and stolen watches, had over £150m worth of luxury watches reported as lost or stolen last year. Brits made up £60m of [...]

    All top ten luxury timepieces lost or stolen in the last 12 months were from the Swiss watchmaker Richard Mille and had a combined estimated value of more than £2.4m. 
  • Watches of Switzerland: The worst is over for the luxury watch market

    Retail

    Watches of Switzerland has said the worst is over for the luxury market in the UK as it reported steadying demand for high-end watches from its stores. In a trading update this morning, the retailer said it was trading in line with expectations and “on track” to meet 2025 guidance. Its shares rose by more [...]

    The US Is Watches of Switzerland's biggest market

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