Watches news and archive

Swiss watch industry should find time for India, says Deloitte

India and Mexico could become new drivers of growth for the Swiss watch industry, which has been clobbered by US tariffs and slumping demand in China, top audit firm Deloitte said Wednesday. The emblematic Swiss industry "is navigating one of the most complex periods in recent memory", the professional services giant said in the 11th Deloitte...

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Business

Swatch responds to US tariffs with special "39%" watch

Zurich - Watch brand Swatch has responded to US tariffs with a special edition watch. The design plays on the 39 percent levy imposed on Switzerland. The brand has pledged to stop selling the watch "as soon as the US changes its tariffs". The Swiss brand, known for its multicoloured plastic watches, has launched a model where the numbers three...

Fairs

Independence, informality and a touch of tradition: Relaxed gathering of the watch industry

An important summer meeting for watchmakers took place in a nautically designed pavilion in Switzerland. With a brand-new format and a varied programme, Geneva Watch Days is a relatively new entry in the industry calendar. It aims to remain fresh and forward-looking. Founded as a one-off antidote to the economic downturn during the Covid-19...

Retail

Watchfinder opens first US retail store in New York City

Richemont-owned pre-owned luxury watch specialist Watchfinder & Co., founded in the UK in 2002, has opened its first US retail store in SoHo’s Spring Street in New York City. The debut US store is Watchfinder & Co.’s largest retail venture to date and aims to solidify its growing presence in the North American watch market, where it has seen...

Fairs

Independence, informality...and a touch of tradition: Watchmaking's easygoing get-together

A major summer rendezvous for watchmakers got underway in timely Swiss fashion in a nautically themed pavilion. Boasting a brand new format and varied programme, Geneva Watch Days is a recent addition to the industry calendar determined to stay fresh and forward-looking. Founded as a one-off antidote to the economic blues of the Covid-19...

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Business

Movado Group sees Q2 net sales rise, driven by licensed brands

Movado Group, Inc., a US-based watch and jewellery company, has reported a 3.1 percent increase in net sales to 161.8 million dollars for its second quarter of fiscal year 2026, up from 157.0 million dollars in the prior-year period. This growth was led by the performance of its licensed brands and company-owned stores, a result which chairman...

Fashion

Fossil collaborates with Nick Jonas on a watch collection

Watch and accessories brand Fossil has unveiled a collaboration with singer, songwriter, and actor Nick Jonas, its global brand ambassador. The ‘Nick Jonas x Fossil’ collection features limited-edition timepieces inspired by Jonas’ passion for watch collection, combining his personal style with Fossil’s heritage design for a celebration in “...

People

Watchfinder & Co. names first-ever stylist in residence

Pre-owned luxury watch specialist Watchfinder & Co. has appointed red carpet stylist, Ilaria Urbinati, as its very first stylist in residence. Urbinati, whose celebrity clients include actors Dwayne Johnson, Ryan Reynolds, and Rami Malek, will work with Watchfinder & Co. to curate her own edits of its pre-owned watches, drawing on her red carpet...

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Fossil Group's Q2 net loss narrows, raises outlook

Fossil Group, Inc. has announced its financial results for the fiscal second quarter ended July 5, 2025, revealing a third consecutive quarter of positive adjusted operating income. The company also unveiled a comprehensive refinancing plan aimed at strengthening its balance sheet and enhancing liquidity. For the second quarter, net sales...

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Swiss exports face collapse: US tariffs threaten jobs and GDP

US tariffs have sent shockwaves through Switzerland: US President Donald Trump has imposed a 39 percent tariff on Swiss imports. “Everyone's prosperity is at risk,” warns Swissmem, the industry association for the tech industry. While importers and US consumers pay the tariffs, this makes "Made in Switzerland" so expensive that orders are likely...

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Switzerland: Watch exports fall in May after record sales in April

Following substantial deliveries to the US in April, in light of impending tariffs, Swiss watch exports declined in May. However, the ‘boomerang effect’ proved less pronounced than anticipated, according to the Federation of the Swiss Watch Industry (FH). After a significant increase of 18.2 percent in April, Swiss watch exports across all...

Fashion

Chrono24 unveils new brand identity and global campaign

Chrono24, the online marketplace for luxury watches, is rebranding with a new modernised brand identity led by chief executive officer Carsten Keller, who was appointed last year, as it looks to target growth markets, such as the US. In a statement, Chrono24, which has been at the heart of watch collecting since 2003, said the brand refresh was...