Rolex: Property buys pay off as UK profit nears £100m October 1, 2025 Profit at the UK arm of luxury watch brand Rolex jumped towards the £100m mark during its latest financial year thanks to a trio of investment properties. The London-headquartered division has reported a pre-tax profit of £96.2m for 2024, new accounts filed with Companies House have revealed. The total is up significantly from the £65.8m [...]
Strong luxury watch sales amid Trump tariffs reassure investors – for now September 3, 2025 Steady demand for luxury watches in the face of Trump’s tariffs has reassured investors this summer, but analysts have warned that it might not last if prices rise. On Wednesday morning, Watches of Switzerland Group told markets that demand for timepieces has been “consistently strong” over summer, sending its share price up eight per cent. [...]
Swiss shares fall as the country feels the wrath of Trump’s tariffs August 4, 2025 Shares in Swiss firms dropped on Monday morning as markets digested the consequences of US president Donald Trump’s high tariffs. The Swiss Market Index dropped by 1.9 per cent to 11,835 francs upon opening this morning, before easing its losses to trade at 1.54 per cent down. It clawed its way back to 0.77 per [...]
Watches of Switzerland shares slump as Trump ups tariffs August 1, 2025 Watches of Switzerland saw its share price drop more than seven per cent in early trade as investors shied away from the effect of Trump’s sweeping new tariffs. On Friday morning, Trump announced a new tariff rate of 39 per cent for Swiss exports to the US – higher than the initial ‘Liberation Day’ tariff [...]
Luxury watch crime ‘remains a threat’ but recovery rates improve July 22, 2025 The theft of luxury watches remains a significant risk for owners despite the rate of recovery jumping in the last year, according to new data. In the first six months of 2025, The Watch Register located 607 lost and stolen watches through its global database, a 26 per cent increase on the same period in [...]
Where to buy the latest limited edition Snoopy watch July 21, 2025 City AM brings you all the latest news from the world of watches and horology, from the Tudor making a splash in blue to Rolex helping to save the penguins, plus where to snag the latest must have Snoopy watch. Royal blue: Why Tudor is making a big splash Tudor has made a splash with [...]
Rolex sponsored Wimbledon stars made to pay for own watches July 9, 2025 A Rolex sponsorship or ambassadorial contract is widely seen as a must-have endorsement by aspiring young tennis players, yet such deals can prove to be a mixed blessing. Such is the value and scarcity of the Swiss luxury watches that their endorsement department operates a strictly enforced tier system, with only their A-list clients such [...]
Dive time: How the diving watch plumbed new depths June 26, 2025 Almost a century ago, one of Switzerland’s historic maisons created the enduring formula for the water-resistant diving watch. With its screwed-down caseback, screwdown winding crown and rubber gaskets, the sub-aquatic world has been Rolex’s ‘Oyster’ ever since. As our timeline below shows, diving-watch casemaking has been a crucible for engineering innovation since 1926. Admittedly some [...]
A new Rolex store opens in London and Patek unveils a GMT June 26, 2025 From a sumptuous new Patek to a new London home for Rolex, we bring you the latest from the world of watches. Patek Philippe Calatrava Pilot Travel Time A gorgeous ivory-lacquered dial, seamlessly blending a ‘GMT’ travel feature, driven by a sumptuously hand-finished movement you can admire through the back. So far so Patek Philippe. [...]
Watches of Switzerland: US sales drive return to growth May 15, 2025 Rolex and Patek Philppe-seller Watches of Switzerland Group (WOSG) has returned to growth, driven by a double-digit sales rise in the US. The luxury watch seller told markets this morning that full year Group revenue reached £1.6bn in the year ended April 27, up eight per cent year on year and in line with market [...]