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Results for Kering Watches

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Kering Watches

Pinault\'s Kering luxury group. Watch portfolio: Girard-Perregaux (2011) + Ulysse Nardin (2014). Combined revenue ~CHF 200-300M.
Tim Mosso And Elizabeth Doerr Discuss Their Favorite New Watches Of 2021, Independents, And Alain Silberstein On ‘Talking Time With Tim’ Podcast Quill & Pad
Aug 5, 2021

Tim Mosso And Elizabeth Doerr Discuss Their Favorite New Watches Of 2021, Independents, And Alain Silberstein On ‘Talking Time With Tim’ Podcast

Tim Mosso of YouTube and Watchbox fame recently hosted Elizabeth Doerr again on his podcast, “Talking Time With Tim” (episode 21). They discuss some of their favorite new watch releases so far in 2021, the democratization of independent watch brands and their products, and the brilliance of one their mutually favorite designers, Alain Silberstein. Give it a listen!

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Business News: Consolidation in European Pre-Owned Watches SJX Watches
Cartier Jul 5, 2021

Business News: Consolidation in European Pre-Owned Watches

Historically fragmented and dominated by numerous small players, the pre-owned watch industry has been consolidating with at an increasing pace, driven by the e-commerce and ambitious entrants from outside the business. Amongst the most prominent and fastest-growing is Watchbox, which began as an offshoot of authorised retailer Govberg Jewelers but has since grown into one of the largest pre-owned merchants with outposts in Hong Kong, Dubai, and even South Africa. Even Richemont, the Swiss conglomerate that owns brands like Cartier and IWC, has invested substantially in the space with its 2018 acquisition of British outfit Watchfinder. Though the most widely-reported developments in the business are largely concentrated in the United States and Britain, continental Europe is experiencing similar growth, especially in its largest markets like Germany and France. The recently announced takeover of Paris-based MMC by Watchmaster in Germany illustrates many of the trends shaping the pre-owned business. Like many recent startups in the space, Watchmaster was founded by digital entrepreneurs instead of watch industry insiders. In fact, almost all of Watchmaster’s founders and senior managers are former employees of Quandoo, the restaurant booking platform that was sold to Japanese staffing giant Recruit Holdings in 2015 for about €200 million, shortly before Watchmaster was set up. Watchmaster’s current chief executive, Tim-Hendrik Meyer, was a cofounder of Quandoo, as a...

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