Watches
Watches hold a unique position in the jewellery trade, blending craftsmanship, design, and technology to create enduring appeal for consumers and lucrative opportunities for retailers. From luxury Swiss timepieces to emerging British watch brands, the sector continues to evolve with shifting trends, innovation in materials, and changing customer expectations. Jewellery Focus covers the watch industry from a trade perspective, offering news on brands and launches, market analysis, retail insights, and updates on supply chain and distribution. Our coverage equips jewellers, distributors, and suppliers with the intelligence needed to navigate this dynamic segment.
-
Aug- 2020 -11 AugustProduct Launches
Rotary Watches marks 125th anniversary with new release
Rotary Watches is marking its 125th anniversary with the launch of its new Ultra Slim timepieces. Ultra Slim is one of the principal collections from Rotary Watches. The slim timepiece has a 5.7mm of case profile, alongside “sophisticated” design details. The new collection was influenced by Rotary’s past vintage designs.…
Read More » -
Jul- 2020 -28 JulyCoronavirus
LVMH profit plunges in half-year results
LVMH has announced that revenue in the first half of 2020 tumbled 27% to €18.4bn (£16.8bn) against the year prior. The luxury group, which owns Bulgari and Chaumet, reported that revenue in its watches and jewellery division plummeted by 39% to €1.32bn (£1.2bn) in the period. According to the group,…
Read More » -
28 JulyAppointments
FHH president departs after 15 years
The Fondation de la Haute Horlogerie (FHH) has announced its president and CEO, Fabienne Lupo, has resigned from the position after 15 years. Emmanuel Perrin, member of the management board of the FHH, will assume Lupo’s responsibilities on an interim basis. In a statement, Lupo said: “After 15 years of…
Read More » -
23 JulyAuctions
Christie’s Geneva sales total £45m
Christie’s luxury sales in Geneva, which took place over the course of July, realised a combined total of £45,885,630. This total included the sale of 195 pieces of jewellery, 226 watches, and 819 fine wines, with a combined sell through rate of 81%. Registered bidders came from 42 countries, across…
Read More » -
17 JulyCoronavirus
Beaverbrooks welcomes mandatory face coverings
Beaverbrooks has embraced the latest government announcement that requires all customers to wear face masks in jewellers from 24 July. While the requirement for shoppers in Wales and Northern Ireland is kept under review, the jewellers said the move was a “really positive step”. The requirement was announced the week…
Read More » -
15 JulyCoronavirus
Swatch Group reports 46% drop in sales
Swatch Group has reported a 46% drop in sales in the first half of the year, due to the coronavirus pandemic. Although sales figures nearly halved, the group reported a 21.4% operating margin in its watches and jewellery segment for the month of January. Swatch Group, which owns brands such…
Read More » -
15 JulyRetailers
Watches of Switzerland launches ‘by personal appointment’ service
The Watches of Switzerland group has announced the launch of its ‘by personal appointment’ service following the re-opening of its stores. From this week forward, customers can now access a real-time booking system online through either the Goldsmiths, Mappin and Webb or Watches of Switzerland websites, and arrange an appointment…
Read More » -
13 JulyRetailers
Watches of Switzerland opens Third Tag Heuer boutique
Watches of Switzerland has announced the opening of its third Tag Heuer boutique in the Harlequin Centre, Watford. The 37 square metre space was opened in partnership with Tag Heuer, and its interior features grey and red themes and furnishings, reflective of the brand’s motoring heritage. The boutique now features…
Read More » -
7 JulyRetailers
Mappin and Webb opens refurbished boutique
Mappin and Webb announced it has opened the doors to a newly refurbished Cambridge boutique. The original boutique has been extended and will house a dedicated 36sqm Rolex area, making the total boutique 111sqm in size. The multi-brand section of the boutique will also offer a selection of timepieces and…
Read More » -
3 JulyAppointments
Time and More appoints new sales director
Time and More UK has strengthens its leadership team with the appointment of Neil Morley as its new sales director. Morley will reportedly bring with him “extensive experience” in sales leadership and business development within the watch and jewellery sectors, having spent over 25 years in the industry. In addition,…
Read More »
