Two historic names in the watch industry have now become partners. Iconic Swiss watchmaking brand, Rolex, has acquired Bucherer, one of the world’s largest watch retailers. In a statement, Rolex said Bucherer will keep its name and continue to operate as an independent company. Rolex said it made the decision to buy the retailer after […]
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, […]
Rolex has pulled out all the creative stops in its 2023 collection, which it introduced two weeks ago at the Watches and Wonders trade fair in Geneva. The 1908, its first new collection in decades, is a new dress line, replacing the Cellini, launched in 1986, but discontinued as of now. Rolex has pulled out […]
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 […]
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 […]