Watches of Switzerland shares surge on record revenue as US demand soars Retail Watches of Switzerland shares surged after the firm revealed record revenue growth, boosted by wealthy Americans flocking to luxury watches. The UK’s largest luxury watch retailer hailed a 13 per cent jump in revenue to £1.8bn in the year to May, as revenue climbed by 24 per cent to £1.2bn in its US market alone. [...]
All you need to know about GMT watches – and why Patek is king The Magazine On the website greenwichmeantime.com there is a page dedicated to time apps. Here you can create a list of different cities at the touch of a button, see the time in Chizhou, Sidoarjo or Scaggsville, USA concurrently and compared to your home time. You can check whether meetings in different time zones have been properly [...]
A new Rolex store opens in London and Patek unveils a GMT The Magazine 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 [...]
Uncertain US tariffs put Rolex, Patek Philippe and Omega in a precarious position May 14, 2025 Swiss watchmakers are nervously awaiting a positive outcome for US-Switzerland tariffs negotiations to avoid throwing the industry into chaos. On July 1, Swiss exports in the US will be slapped with a 31 per cent tariff – that is, unless the country can negotiate a deal before then. “These tariffs… place the international watch trade [...]
Who watches the Watches? February 19, 2025 As a newly minted Picture Editor and thus part of the management team of a then-popular left-wing national newspaper, I sat in on a discussion about why the poor ate so badly. Having only recently landed the job and as keen as mustard – and oh so naive – my feet were still planted firmly [...]
Best watches to buy for 2025, from Patek Philippe to Bremont December 26, 2024 If you’re looking for a super-stylish and extremely capable watch to see in the new year – and many many new year’s to come – we have a great list of seven of the best watches to buy for 2025, from a brilliant Bremont to a sumptuous Seiko, and from Patek to Christopher Ward. Bremont [...]
Falling Rolex prices are fuelling a sales boom November 12, 2024 The holiday season has always been pivotal for luxury watch sales, and this year brings a particularly promising outlook. Contrary to the usual holiday price hikes in many markets, the secondary watch market has seen notable price declines. Over the past year, prices for iconic brands like Rolex have dropped by an average of five [...]
Flexibility, feedback and social media: What Rolex or Patek Phillipe can learn from watch microbrands May 18, 2024 Users are increasingly turning to watches that have a story.
The luxury watch market bubble has burst. What next for Rolex, Patek Philippe and Audemars? April 20, 2024 The pandemic-era boom, which saw luxury watch prices rise by 20 per cent in just the fourth quarter of 2021, is now over.