Patek Philippe has mothballed its manufacturing, closed in-country offices, stopped distributing watches, and now it has postponed the launch of its 2020 collections.
In a note circulated by a regional office this afternoon, it says that Patek Philippe Geneva has informed them that, due to the deteriorating global Covid-19 situation, we will not launch the new models in April this year as initially planned.
Patek Philippe has always held back its launches until the opening day of Baselworld, which would have been on April 30.
In the absence of that trade fair, it was expected the 2020 watches would be launched on the same day at smaller regional events. That will not now be happening for either retail partners or press.
There are no additional details, other than that people will be informed if there are any future updates.