A Collected Man bounces back after chastening year for collectible watch specialist
“Give me a call when our 2023 accounts are published and I will talk you through the changes we have…
“Give me a call when our 2023 accounts are published and I will talk you through the changes we have…
Manufacturers at this year’s Watches and Wonders were taking a high-low business approach designed to maintain profits by narrowing the range of watches they produce (increasing efficiency); creating very expensive off-catalogue or limited edition showstoppers, often dripping in gems (to increase the value of sales to the super-wealthy); and discontinuing references that create capacity for…
A key investor in Breitling is headed to the stock market in an IPO that could raise as much as €1.25 billion. CVC Capital Partners, which manages investments across a range of industries, intends to float on the Euronext Amsterdam stock exchange in a move that could see it valued between €13 billion and €15…
Christie’s will present eight rare watches from the collection of Formula 1 racing legend Michael Schumacher at auction on 13 May. This historic collection will highlight Christie’s live auction of Rare Watches at the Four Seasons Hotel des Bergues in Geneva. 2024 marks the 30th anniversary of Schumacher’s first Formula 1 Drivers Championship win in…
Frederique Constant and Alpina Watches are hopeful that a spike in retailer engagements during last week’s Watches and Wonders will translate to new business in the months ahead. The two brands, part of the Japanese Citizen Group, reported that the number of appointments they had with retailers and the press marked an increase on the…
I have been writing for the best part of a year about the dangers of watch manufacturers over-producing in a cooling market, pushing retailers to buy more than they can sell, and risking another round of discounting and/or dumping on the grey market. We can see this trend clearly in the UK if we compare…
Alexander Shorokhoff has scooped an award at the inaugural NY Product Design Awards. Beating numerous participants to the prize, the ‘Wintergenta’ by Alexander Shorokhoff secured the ‘Gold Winner 2024’ award. The NY Product Design Awards were established to acknowledge the good work done by product designers whose innovations really stand out. The Wintergenta model not…
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