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State of the Industry: The Luxury-Watch Market in China After the Pandemic SJX Watches
Louis Vuitton boutique Jun 25, 2020

State of the Industry: The Luxury-Watch Market in China After the Pandemic

By far the most important markets for luxury watches, China and Hong Kong together accounted for over 21% of Swiss watch exports in 2019 according to trade body Federation of the Swiss Watch Industry. Add to that Chinese travellers who buy watches overseas, and the fact is the luxury-watch business is dependent on Chinese demand. So the crucial question for the watch industry’s future – what’s happening in the Chinese watch market post-pandemic? On May 10, one of the trending topics on microblogging platform Sina Weibo was the US$30 billion plunge in the net worth of LVMH chief Bernard Arnault, mirroring the sharp drop in LVMH shares. But barely a week before – exactly a month after the end of Wuhan lockdown – there were nearly 100 customers queuing outside the Louis Vuitton boutique in Shanghai’s Plaza 66, all eager to shop before the brand’s price hike. The line outside Louis Vuitton reflected the rebounding demand for luxury goods in China as it emerged from a lockdown. “Macro Data Indicates a Surge in Consumption” – read the headline in the business-focused Workers’ Daily newspaper on May 16. The sentiment is backed up by the latest data from the National Bureau of Statistics of China published in mid June. Though the statistics indicate retail sales of consumer goods declined 13.5% on a nominal basis from January to May, totalling RMB1,387.3 billion for the year to date, the monthly figures indicate a recovery is underway. The monthly numbers s...

Business News: Swiss Watch Exports Forecast to Drop 25% in 2020 SJX Watches
Patek Philippe have shut their factories Apr 6, 2020

Business News: Swiss Watch Exports Forecast to Drop 25% in 2020

Swiss private bank Vontobel has just published its highly-regarded annual report on the luxury watch industry – the news for 2020 is grim. Put together by a team led by managing director Rene Weber, the Vontobel Luxury Goods Shop predicts a 25% fall in Swiss watch exports in 2020 – the biggest drop in 50 years as a result of the COVID-19 coronavirus pandemic. A proxy for the global luxury watch market, Swiss watch exports declined 22% during the 2008 financial crisis, and recovered swiftly the year after. But during the financial crisis there were no store or factory closures, and no halt to international travel. Since mid-March most watch brands, including giants Rolex and Patek Philippe, have shut their factories, or introduced short-time work, with between 60-70% of employees at Swatch Group working reduced hours. File photo of the Rolex factory in Bienne that’s gone quiet for now. Photo – Rolex At the peak of the pandemic in China, when practically the entire country was in lockdown, Vontobel estimated February sales fell 80%, something it expects will be repeated throughout the rest of the world. And even e-commerce is not enough to alleviate the situation substantially, because of logistical challenges. The report notes that as of mid-March,”the Swiss watch industry has come to an almost global standstill.” Unsurprisingly, the bank expects the pandemic to result in a steeper fall and slower recovery for the Swiss watch industry. The bank expects a s...

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. ...

Dubai Watch Week Returns – Nov 20-24 SJX Watches
Grand Seiko Nov 17, 2019

Dubai Watch Week Returns – Nov 20-24

Returning for the fifth time, Dubai Watch Week (DWW) will take place from November 20-24, once again at the Dubai International Financial Centre (DIFC), a sprawling complex of offices, shops, restaurants, and three hotels, which is entirely self contained, making a visit to DWW easy to plan. As is tradition, the event includes exhibitions, watchmaking classes, and talks. Amongst the speakers will be Masayuki Hirota, an eminent Japanese watch journalist and the editor of Chronos Japan, who will be speaking about Grand Seiko. And DWW once again includes the Horology Forum, a series of panel discussions that take place daily. Panellists this year include journalists like Ariel Adams of aBlogtoWatch, watchmakers like Philippe Dufour and Stephen Forsey; brand chiefs including Karl-Friedrich Scheufele of Chopard, Jean-Claude Biver of LVMH, and Benoit Minitiens of Ressence; as well as watch collectors like San Francisco-based Jeffrey Kingston, and Aldis Hodge, an American actor who is also a jury member of the Grand Prix d’Horlogerie de Geneve. And naturally the speakers’ roster also includes prominent local personalities, including collector Hamdan Al Hudaidi and Mohammed Abdulmagied Seddiqi, chief commercial officer of Seddiqi Holding, the parent company of DWW’s organiser. A panel session at DWW 2018 And some newcomers Rolex is taking part for the first time in DWW, and bringing along with it the Oyster Perpetual Submariner exhibition, a series of displays within a sh...

Paul Gerber: Renaissance Man And Creator Of World’s Most Complicated Watch And Smallest Wooden Clock – Reprise Quill & Pad
Oct 5, 2019

Paul Gerber: Renaissance Man And Creator Of World’s Most Complicated Watch And Smallest Wooden Clock – Reprise

The era of the master visionary and maker may be dead and gone in many other industries, but to create a beautiful watch, like composing a beautiful string quartet, you need a Beethoven, a Haydn, or a Brahms not a committee of brainstormers dreaming up target groups. Paul Gerber is up there with the giants, and Marton Radkai explains why.

Breitling, Universal Genève, and Gallet Join Watches & Wonders 2027 Worn & Wound
Breitling Universal Genève 2 days ago

Breitling, Universal Genève, and Gallet Join Watches & Wonders 2027

As the summer begins, next year’s Watches & Wonders (and the larger trade show agenda) is beginning to take shape. News broke this morning that Watches & Wonders will be adding several new brands to their show, which is slated for April 5-11 in Geneva, and will once again be held at Palexpo. The big story is that House of Brands, the new group fronted by Georges Kern including Breitling, Universal Geneve, and Gallet, will have space at Watches & Wonders 2027. Breitling has never participated in Watches & Wonders, but for as long as the show has existed, the brand has held parallel events in Geneva or events timed just before the show itself. Now they will be in the thick of it, along with their two sibling brands in a newly formed luxury group, each sitting at different ends of the market. We covered Universal Geneve’s return here. Gallet, to this point, has not made any announcements as far as products or availability, but they are expected to sit at a price point a tier below Breitling.  The Breitling news comes a week after the surprise announcement of an entirely new show to be held in Basel next year. The new fair, Basilia, is set to debut in April and is a product of MCH Group and Informa Markets. According to a press release, Basilia expects to attract more than 400 exhibitors, including “manufacturers, designers, brands, retailers, wholesalers, distributors and sourcing specialists from around the world.” No word yet on any specific brands that have signed...

Business News: Breitling's House Of Brands Joins Watches And Wonders For 2027 As Dates Unveiled Hodinkee
Patek Philippe 2 days ago

Business News: Breitling's House Of Brands Joins Watches And Wonders For 2027 As Dates Unveiled

One of the largest watch group holdouts is heading to Watches and Wonders in 2027 as Breitling's House of Brands will join the world's premier luxury watch fair for the first time. Scheduled to take place April 5 to 11 in Geneva at Palexpo, with supplementary programs and exhibitions including the In The City events that debuted at the most recent edition, brands including Breitling, Gallet, Universal Genève and Italy's Damiani will exhibit alongside founding partners Rolex, Patek Philippe and Richemont brands, among others, according to a statement from the non-profit Watches and Wonders Foundation. The inclusion of the House of Brands group marks a significant addition for Watches and Wonders, underscoring its position as the most important annual gathering of Swiss and international luxury watchmakers, retailers, media, and the public each spring. The announcement follows news that Basel will return to the watch fair schedule with a new watch and jewelry show called Basilia that will follow during the same month, and leaves Swatch Group as the only major Swiss watchmaking conglomerate not participating in Watches and Wonders.  "The arrival of these new names represents an important milestone in the evolution of Watches and Wonders Geneva, and reflects the desire of major watchmaking Maisons to unite around a shared vision," Watches and Wonders organizers said in a prepared statement.  A record 65 brands participated in the event in 2026, including, for the first time...

Introducing: J.N. Shapiro Infinity Series 'Radiant' Chronograph, In Two Varieties (Live Pics) Hodinkee
Jun 16, 2026

Introducing: J.N. Shapiro Infinity Series 'Radiant' Chronograph, In Two Varieties (Live Pics)

What We Know Time flies, and it’s been almost 10 months since J.N. Shapiro launched the brand’s first complication, a limited-run monopusher chronograph for a private group of collectors in the Boston area. It featured a salmon-and-black dial and a stainless-steel case, limited to 14 pieces. Now the concept is back, with the same movement, but with some arguable upgrades in how the entire watch is treated. The brand has tapped tantalum and zirconium as major parts of the watch's construction, materials used extensively in aerospace engineering for their special properties. "Our workshop is located in one of the largest aerospace manufacturing hubs in the world," says Shapiro in their press release. "Companies like SpaceX, Boeing, Northrop, and JPL are all nearby. This watch is a nod to that environment, using space-age metals and meteorite to reflect where we come from and what inspires us." The watch comes in two dial variants, both cased in 38mm-by-9.6mm (8.2mm without crystal) tantalum cases. The dark grey material, famously hard to machine, is incredibly heavy, giving the watch a lot of gravitas on the wrist. Photo courtesy J.N. Shapiro. The first dial, which is the most direct homage to the Californian tie with aerospace, features a Meteorite with a blued zirconium chapter ring and blued hands. The chapter ring is engraved with hour markers and Arabic numerals at 3, 6, and 9, plus a minute track, but no specific chronograph scale. The subsidiary dial counter has a...

TAG Heuer’s Monaco Gets a La Fabrique du Temps Tune-Up SJX Watches
Louis Vuitton LFT Instead Jun 5, 2026

TAG Heuer’s Monaco Gets a La Fabrique du Temps Tune-Up

The recent management changes at TAG Heuer and the wider LVMH Watch Division have given birth to a surprising collaboration: the Monaco Speed 12, an avant-garde take on TAG Heuer’s iconic square wristwatch that’s powered by the Spin Time movement made by La Fabrique du Temps Louis Vuitton (LFT). Instead of cubes, hours are indicated by a dozen rotating pistons – the concept is a homage to the V12 engine – that seemingly float in a concentric ring around the dial. Inside the titanium case is a self-winding movement that retains the signature recessed frosting of LFT. Initial thoughts TAG Heuer has been having a good run with technically interesting watches – the Monaco Evergraph is a recent example – and the Speed 12 continues the momentum. Admittedly, the Spin Time movement is not in-house, but it is surprisingly coherent despite the drastically different characters of TAG Heuer and Louis Vuitton. The Spin Time complication translates well into TAG Heuer’s automotive-inspired style, both in terms of concept and execution. Also in its favour is the restyled Monaco case that TAG Heuer has employed in other recent launches. Thought still a little chunky, it is sleeker and more ergonomic than earlier iterations of the design. The price tag of US$87,000 is similar to that of the Louis Vuitton Spin Time Air, which unfortunately makes this just a little expensive. Given the case material and TAG Heuer’s traditional price focus, a price that’s 15-20% lower would ...

Introducing: The Ming × J.N. Shapiro 37.06 Lightning Fratello
Ming × J.N Shapiro 37.06 Jun 5, 2026

Introducing: The Ming × J.N. Shapiro 37.06 Lightning

Today, we’ll take a brief look at a new collaboration watch from Ming and J.N. Shapiro. You may recall that both brands are founding members of the Alternative Horological Alliance, a group founded in 2024 that aims to support its members through innovation and partnership. Thus far, the AHA has given us bracelets and cases, […] Visit Introducing: The Ming × J.N. Shapiro 37.06 Lightning to read the full article.

Is It Worth It: Pre-Owned Ebel Sport Classic Chronograph Fratello
Casio Jun 3, 2026

Is It Worth It: Pre-Owned Ebel Sport Classic Chronograph

Around 1990, one of my friends was lucky enough to receive an Ebel Sport Classic watch for his birthday. At the time, I was more focused on Swatch and Casio, and I knew nothing about Ebel other than that its watches looked cool. It wasn’t until a few years later, when my interest in mechanical […] Visit Is It Worth It: Pre-Owned Ebel Sport Classic Chronograph to read the full article.

First Look – The King Seiko Vanac Limited Edition HKF004 in Seiko Blue Dial Monochrome
Seiko Vanac Limited Edition HKF004 May 19, 2026

First Look – The King Seiko Vanac Limited Edition HKF004 in Seiko Blue Dial

King Seiko, the other higher-end arm of the Group, has had an interesting comeback run since Seiko revived the collection in 2020, bringing back one of its classic higher-end names from the 1960s. This family also introduced the Vanac sub-collection during the 1970s. These were some cool watches that were more colourful, faceted, and much-liked […]

Auctions: Previewing The Monaco Legend Spring 2026 Auction Hodinkee
F.P. Journe Répétition Souveraine – €400,000 Apr 20, 2026

Auctions: Previewing The Monaco Legend Spring 2026 Auction

The spring auction season is sneaking up on us quickly. Things start early with Sotheby's Hong Kong auction (with its boatload of Cartier), which slightly edges Monaco Legend Group out of the gate, as their auction starts one day earlier. But on April 25 and 26, MLG will open its spring auction, which promises to be one of the more interesting and eclectic vintage-focused auctions of the season. That's not to say it's all vintage, of course. The auction starts out with a Bamford-modified blackout GMT (that the Parmegiani family behind the auction house seems to have an affinity for), an RM35-02 Nadal, a Journe Répétition Souveraine, and more Patek 5004s than you can shake a stick at, keeping things spicy. Lot 109 – F.P. Journe Répétition Souveraine – €400,000 to €800,000. There are 288 lots, and while the top lots sometimes feel a bit obvious to call out (mostly because everyone likely peers longingly at these watches and wishes they could bid), it's incredibly important to examine what is driving the top end of the market. And if you weren't paying close enough attention, you'd potentially miss the top lot. While it might look like a Rolex Daytona, like the ref. 116509 with a Tahitian mother-of-pearl dial and different indices, this is a whole different ballgame. Lot 78 of the auction is one of the "FAB 4" Daytonas, four unique platinum Zenith Daytonas, each executed with a hardstone dial (one with turquoise, one with lapis lazuli, two mother-of-pearl) made at...

Introducing – The New Hautlence Sphere Series 4 Monochrome
Hautlence Sphere Series 4 Since Apr 6, 2026

Introducing – The New Hautlence Sphere Series 4

Since its recent revival under the MELB Group (owner of Moser and Agenhor too), Hautlence has focused on unconventional time displays with mechanical animation rather than traditional indications. The Sphere, first introduced in 2022, quickly became the brand’s signature series, combining a multi-axis spherical jumping hour with a retrograde minute. The new Sphere Series 4 […]

Hits and Misses: Hands-On with Louis Vuitton’s Latest High Watchmaking Collections Worn & Wound
Louis Vuitton s Latest High Watchmaking Mar 17, 2026

Hits and Misses: Hands-On with Louis Vuitton’s Latest High Watchmaking Collections

This year’s LVMH Watch Week looked a little different. It was held in Milan just ahead of the Winter Olympic Games and was limited to a highly exclusive and mostly international guest list. As such, several of the maisons under the LVMH umbrella separately held their own dedicated events here in NYC to exhibit their latest collections as soon as the pieces came available stateside. We finally got our hands on Louis Vuitton’s newest high watchmaking novelties at its massive five-story flagship on Madison Avenue in New York City. In addition, we got the chance to preview a model that will debut later this spring, and spoiler alert: it’s going to knock your socks off. So, stay tuned for that in the coming months. For now, let’s get down to it – we have a lot of ground to cover. Here, we have a slew of new watches joining two of Louis Vuitton’s core collections: the Escale and the Tambour. As a quick refresher, the maison broke from the traditional high fashion space and into the watch sphere back in the late 80s with the Monterey. However, it was really the Tambour, which came a few decades later just after the new millennium in 2002 that started to establish Louis Vuitton in the horological world. The collection has since become the cornerstone of the brand’s watchmaking identity with staying power over the past 20+ years. I guess I’m too giddy to jump to my favorite piece in the new lineup first – the Tambour was the frontrunner of the bunch for me. Here, ...

Hands-On With The Zenith Defy Revival A3643 Fratello
Zenith Defy Revival A3643 During Mar 5, 2026

Hands-On With The Zenith Defy Revival A3643

During LVMH Watch Week in Milan, I was especially interested in the new Zenith releases. It is no secret that I love Zenith. The brand has managed to amaze me time and again with releases that combine the best in watch design with its legendary calibers. To my surprise, for this year’s LVMH Watch Week, […] Visit Hands-On With The Zenith Defy Revival A3643 to read the full article.