The new Rolex models released at Watches and Wonders April 10, 2024 Today marks the start of the biggest week of the year for the watch industry as Watches & Wonders begins. Rolex is undoubtedly the crown jewel of the show each year.
Chronofinder predictions: New Rolex models at Watches and Wonders 2024 April 3, 2024 For watch enthusiasts, the most anticipated moment of the year is just a few weeks away. Watches & Wonders is when the most prominent luxury watch brands worldwide, such as Rolex, Patek Philippe and Audemars Piguet unveil their latest creations and announce discontinuation. Among these brands, Rolex consistently commands attention, stirring anticipation in the luxury [...]
‘People got burnt’ the Rolex, Patek Philippe and Audemars Piguet luxury watch boom comes to an end March 30, 2024 The average price of a Rolex has fallen 8 per cent in the last twelve months to £20,768, while the average price of a Patek Philippe watch has fallen 14 per cent.
Demand for Rolex and Tag Heuer watches slump as demand in China falls March 19, 2024 Monthly exports of pricey Swiss watches such as Rolex and TAG Heuer have fallen for the second time in three years, led mainly by lower deliveries to Greater China and Hong Kong.
Watch theft wave continues – with £1.5bn-worth lost or stolen in one year alone March 18, 2024 A sharp rise in theft has driven a more than threefold increase in the number of watches recorded as lost or stolen over the last 12 months, according to new data, as the value of missing timepieces hits £1.5bn.
Watches of Switzerland: Firm ‘encouraged’ by tourist tax review as UK market underperforms February 8, 2024 Luxury retailer Watches of Switzerland is continuing to feel the pinch from rich shoppers scaling back and the damage wrought by the so-called ‘tourist tax’. In an update this morning, the Rolex seller said group revenue declined by one per cent to £397m in the third quarter, and in the UK and Europe it fell [...]
Watches of Switzerland: Shares crater 30 per cent as demand for luxury flattens January 18, 2024 Shares in Watches of Switzerland have fallen by over 30 per cent after the luxury watch maker warned on its earnings for the year. . In an update, the Rolex seller said that it was bruised by “challenging macroeconomic conditions” over Christmas which impacted consumer spending in luxury retail. It now expects revenue for the [...]
Watches of Switzerland reports revenue growth as US customers keep spending December 7, 2023 Watches of Switzerland, the UK's largest luxury watch retailer, today reported revenue growth of two per cent in constant currency for the first half of its financial year.
Hey fellas, hands off my Tag! Why men are wearing women’s watches November 29, 2023 Once women raided their partner's watch box to add chunky gravitas to an outfit – now men are doing the same
Best watch to buy for Christmas 2023, from Christopher Ward to Girard-Perregaux November 29, 2023 We bring you all the latest goings on in the world of watch news, from new store openings to the latest motoring collaboration.