Eight-million watches exported as demand for high-end brands booms in first half of 2023

Sales of new Swiss watches are booming. Exports of Swiss watches increased by nearly 12% for the first half of 2023, compared to the first half of 2022 to CHF 13.3-billion (about US$15.4-billion).  Exports for the month of June were up 14% over the same month last year, to CHF 2,445,200 (about $2,833,596). The amounts, […]

Watches & Wonders 2023: Rolex, Patek Philippe, Tag Heuer and more set to release new timepieces

Watches & Wonders, the premiere international watch fair, opened its doors Monday with 48 brands and watchmakers unveiling scores of new timepieces showcasing the industry’s mastery of mechanics, craftsmanship and design. The watch fair in Geneva begins at a time when there is perhaps unprecedented growth in the luxury watch market. February data from the […]

‘Defies the limits’: Rolex unveils deepest ever dive watch

Swiss luxury watchmaker Rolex launches its Oyster Perpetual Deepsea Challenge watch, which it claims can withstand pressure 11,000 metres under the sea. Swiss luxury watchmaker Rolex has launched its newest diving companion, the Oyster Perpetual Deepsea Challenge, a watch it claims is both a homage to explorers of the abyss and one that defies the […]