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Results for The Swatch Group

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The Swatch Group

Largest Swiss watch employer (~17,000 staff). 18 brands from Breguet/Blancpain at the top to Swatch at entry. ETA SA + Nivarox-FAR. Hayek family controls.

Business News: Swiss Watch Exports to Hong Kong Post Biggest Fall in 20 Years SJX Watches
Mar 19, 2020

Business News: Swiss Watch Exports to Hong Kong Post Biggest Fall in 20 Years

Trade body Federation of the Swiss Watch Industry (FH) just released its monthly export figures for Swiss watches – a proxy for the broader luxury watch market since Swiss timepieces dominate – and the February numbers are bleak. The month’s statistics illustrate two obvious trends that have shaped in the industry recently: the COVID-19 coronavirus is having a massive impact, and low-cost Swiss watches are being trounced by low-cost smartwatches. An Asian crisis, for now Compared with February last year, the value of exports globally declined by 9.2% – with export volume plunging 22.2% – but as the report notes darkly, the drop “does not yet fully reflect the actual situation in certain markets.” Unsurprisingly, the steepest declines were in the biggest Asian markets – China and Hong Kong – which suffered the worst period of the COVID-19 coronavirus pandemic in the first two months of the year. The biggest fall was in Hong Kong, where exports fell 42% – the largest monthly decline in 20 years. The city imported just CHF143m of Swiss watches, compared to CHF246m for the same month last year. Exports to China fell 51.5% to CHF73m, from CHF151m for February 2019. February was merely an acceleration of a months-long decline. For the first three months of the year, exports to Hong Kong have fallen 33% compared to the same period last year, while exports to China are down 22%. Though exports to other large markets like the United States, Singapore, and Germa...

Is AFL star Dustin Martin’s hook-up with luxury watch chain Kennedy a case of retailers finally getting real? Time+Tide
Mar 15, 2020

Is AFL star Dustin Martin’s hook-up with luxury watch chain Kennedy a case of retailers finally getting real?

Luxury brands invariably dangle a world of mahogany-panelled exclusivity. Viewed through the prism of their marketing, life is presented as a stately whirl of weekend polo, yachts and vintage convertibles. Access is restricted by a velvet rope and the relative depth of your wallet. But the chance to belong to this rarified community - the champagne … ContinuedThe post Is AFL star Dustin Martin’s hook-up with luxury watch chain Kennedy a case of retailers finally getting real? appeared first on Time+Tide Watches.

Join us at our Dive Watch Fundamentals event, at Oscar Hunt Tailors in Melbourne next week Time+Tide
Mar 10, 2020

Join us at our Dive Watch Fundamentals event, at Oscar Hunt Tailors in Melbourne next week

Next Thursday, March 19, at Oscar Hunt Tailors in the Melbourne CBD, we will hold an event called Dive Watch Fundamentals. This is at the request of Oscar Hunt, who, like many, noticed that dive watches are featuring more than ever on men’s wrists in the most formal of places. For example, the Oscars.  So, … ContinuedThe post Join us at our Dive Watch Fundamentals event, at Oscar Hunt Tailors in Melbourne next week appeared first on Time+Tide Watches.

Weekend watch spotting with JR: Labour Day edition Time+Tide
Mar 8, 2020

Weekend watch spotting with JR: Labour Day edition

It’s the Labour Day long weekend here in Victoria, which means that while the rest of the country is experiencing their weekly dose of Mondayitis, us southerners get one more day in the sun. And, in the interest of entertaining you all, I did the right honourable thing and went out in search of what … ContinuedThe post Weekend watch spotting with JR: Labour Day edition appeared first on Time+Tide Watches.

Open Letter To Bulgari CEO Jean-Christophe Babin: I’ve Cancelled My Geneva Watch Days 2020, Now It’s Your Turn (But You Should Have Been First) Quill & Pad
Bulgari CEO Jean-Christophe Babin I’ve Mar 8, 2020

Open Letter To Bulgari CEO Jean-Christophe Babin: I’ve Cancelled My Geneva Watch Days 2020, Now It’s Your Turn (But You Should Have Been First)

Despite feeling that Geneva Watch Days was wrong, hope, stupidity, and self-interest prevailed enough to cause Ian Skellern to hold off on canceling his accommodation in Geneva previously booked for the now-canceled Watches & Wonders 2020. He was hoping organizing brand Bulgari would cancel the event first and take the decision and uncertainty out of his hands. But it didn’t. Now’s the (well-overdue) time to say bye-bye to Geneva Watch Days 2020 in his opinion.

5 times you should never take a photo of your watch Time+Tide
Mar 7, 2020

5 times you should never take a photo of your watch

Let’s get this straight at the outset: you should go easy on the watch shots full-stop. Unless you’re taking a pic to share with a fellow watch lover, snapping close-ups of your shiny new wrist-wear is rarely necessary or wise. But there are scenarios where it is expressly forbidden. At a wedding It’s the happy … ContinuedThe post 5 times you should never take a photo of your watch appeared first on Time+Tide Watches.

Post Malone’s insane watch collection Part 2: With Rockstar Ratings Time+Tide
Mar 6, 2020

Post Malone’s insane watch collection Part 2: With Rockstar Ratings

If you missed out on the first instalment of us rating Post Malone’s watch collection, stop reading and hit this link right here. And, if you haven’t seen GQ’s latest On The Rocks video featuring Posty and his multimillion dollar assortment of timepieces, you can click here. Done that? OK great … let’s, as Malone … ContinuedThe post Post Malone’s insane watch collection Part 2: With Rockstar Ratings appeared first on Time+Tide Watches.

Post Malone’s insane watch collection Part 1: With Rockstar Ratings Time+Tide
Mar 5, 2020

Post Malone’s insane watch collection Part 1: With Rockstar Ratings

GQ just dropped the latest video from their On The Rocks series, with the face-tatted hip-hop heavyweight that is Post Malone. His watch collection is nothing short of unreal – it’s a “hypebeasts” delight … which suits Posty down to the ground. But as is the case with just about everything in life, not all … ContinuedThe post Post Malone’s insane watch collection Part 1: With Rockstar Ratings appeared first on Time+Tide Watches.

Geneva Watch Days 2020 Is On: Good News Or *Covid-19 Cough* Desperate, Short-Sighted, Money Grab? Quill & Pad
Mar 3, 2020

Geneva Watch Days 2020 Is On: Good News Or *Covid-19 Cough* Desperate, Short-Sighted, Money Grab?

Ian Skellern's feelings regarding the rapid series of announcements of watch events like the cancellation of Watches & Wonders and Baselworld as well as the full-steam-ahead project Geneva Watch Days have been equally quickly undulating: from initially being enthusiastically for, Ian ended feeling against Geneva Watch Days. Why put anyone’s health at risk, especially with perhaps little in return but a few photos and a persistent cough? But it is a tough call.

Business News: Watchmakers Announce Geneva Watch Days [Postponed] SJX Watches
Girard-Perregaux Gerald Genta Ulysse Nardin Mar 3, 2020

Business News: Watchmakers Announce Geneva Watch Days [Postponed]

Following the cancellation of both the year’s biggest watch fairs – Baselworld and Watches & Wonders Geneva (WWG) – due to the COVID-19 coronavirus, a consortium of watch brands have come together to show their wares come April. The event, dubbed Geneva Watch Days, was the brainchild of Bulgari and its chief executive Jean-Christophe Babin – one of the first brands to pull out of Baselworld – and conceived with European press and retailers in mind. [Update March 24, 2020: GWD will now take place August 26-29, 2020 instead.] WWG to GWD Taking place when WWG was due to happen, April 26 to 29, Geneva Watch Days now has a line-up of brands big and small: Girard-Perregaux, Gerald Genta, Ulysse Nardin, Breitling, MB&F;, De Bethune and Urwerk. A handful more might sign on, including H. Moser & Cie. and Chopard. However, at present, none of the brands belonging to the major watchmaking conglomerates, Richemont or Swatch Group, or either of the Geneva giants, namely Rolex and Patek Philippe, has announced their participation – and are unlikely to due to the complexities of the industry. Crucially, Geneva Watch Days is not a fair per se, rather it is a series of events organised by brands in separate venues, including boutiques and hotels, but happening during the same period. Because the individual events during Geneva Watch Days are small-scale and discrete, none of them will run counter to the Swiss government’s temporary ban on events with over 1,000 people. ...

‘Watch’ Painting By American Artist Gerald Murphy On Display In Dallas Museum Of Art – Reprise Quill & Pad
Mar 1, 2020

‘Watch’ Painting By American Artist Gerald Murphy On Display In Dallas Museum Of Art – Reprise

A visit to Texas offered Elizabeth Doerr a surprise: she came across a very large painting simply entitled 'Watch' at the Dallas Museum of Art. Further inquiry into its painter, Gerald Murphy, revealed a fun historical anecdote and a bit of a mystery. Why did Murphy paint a giant Cubist impression of two watches in 1925, and which watches were they?

Why you need a Perpetual Calendar watch on your wrist, today of all days Time+Tide
Feb 28, 2020

Why you need a Perpetual Calendar watch on your wrist, today of all days

The perpetual calendar watch is among the most useful complicated watches, as well as one of the most mechanically sophisticated – and it truly comes into its own today, a leap year day. Its complexity is what sets it apart from other calendar watches. The simplest calendar watch has just a date function, driven by gears … ContinuedThe post Why you need a Perpetual Calendar watch on your wrist, today of all days appeared first on Time+Tide Watches.

Crime or Sublime: Should you ever put a NATO strap on a dress watch? Time+Tide
Feb 27, 2020

Crime or Sublime: Should you ever put a NATO strap on a dress watch?

This week Time+Tide HQ sees two new opponents enter the ring, with Luke and Nick trading haymakers on the topic of a NATO strap on a dress watch - very vogue, or fashion faux pas? You be the judge of this one. Luke Benedictus – The For Argument In 2020, most of the dress codes surrounding … ContinuedThe post Crime or Sublime: Should you ever put a NATO strap on a dress watch? appeared first on Time+Tide Watches.

Weekend watch spotting with JR – Ft. Oris, Omega & Rolex Time+Tide
Omega & Rolex When does Feb 23, 2020

Weekend watch spotting with JR – Ft. Oris, Omega & Rolex

When does the weekend technically start? Is it Friday arvo or does the clock have to strike 12am on Saturday morning? Reason I’m asking is because I spotted all my watches in this weekend’s instalment on Friday afternoon and, boy oh boy, were there some lookers … enjoy! John’s (@minutes_intime) Oris Big Crown Pointer Date … ContinuedThe post Weekend watch spotting with JR – Ft. Oris, Omega & Rolex appeared first on Time+Tide Watches.

BUSINESS NEWS: Swiss watch exports unaffected by Coronavirus outbreak yet, according to FHH Time+Tide
Feb 22, 2020

BUSINESS NEWS: Swiss watch exports unaffected by Coronavirus outbreak yet, according to FHH

While the Coronavirus outbreak certainly offers a number of reasons for the watch industry at large to be concerned, its effects haven’t been severely felt yet. According to recent data from the Fondation de la Haute Horlogerie (FHH), the first month of 2020 has seen strong watch sales, with a 9.4 per cent increase in … ContinuedThe post BUSINESS NEWS: Swiss watch exports unaffected by Coronavirus outbreak yet, according to FHH appeared first on Time+Tide Watches.

Weekend watch (and race car) spotting with JR Time+Tide
Feb 16, 2020

Weekend watch (and race car) spotting with JR

It’s a good thing that wearing a watch is something that you can do regardless of the weather, because Australia is in the midst of an absolute doozy of a summer. Over the last few months devastating fires have ravaged the countryside, and now parts of the land are completely flooded. Regardless, I went out … ContinuedThe post Weekend watch (and race car) spotting with JR appeared first on Time+Tide Watches.