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Results for Watches and Wonders 2026

35,734 articles · 276 videos found · page 649 of 1201

Seiko Introduces the Prospex LX Limited Edition SNR045 Spring Drive Diver SJX Watches
Seiko Introduces Jul 15, 2020

Seiko Introduces the Prospex LX Limited Edition SNR045 Spring Drive Diver

Launched at Baselworld last year, the Seiko Prospex LX is a series of solidly-engineered sports watches conceived for air, land and sea – and designed in collaboration with Ken Okuyama, once the Creative Director at Pininfarina and one of Japan’s most prolific car designers. Powered by Seiko’s trademark Spring Drive movement, the Prospex LX Limited Edition SNR045 retains the familiar design modelled on the Seiko 1968 Hi-beat Diver, but now dressed in green. The textured dial is inspired by an underwater forest of moss pillars – nicknamed “kokebozu”, or “moss child”, by Japanese scientists – located at the bottom of a lake in Antarctica’s Skarvsnes Foreland. The “kokebozu” moss pillars in Antarctica Initial thoughts With both its dial and glossy ceramic bezel in forest green, the watch is immediately striking – and reminiscent of well-known, hulking green dive watch. The all-green dive watch is fashionable now, and Seiko is one amongst a host of brands doing it, so the colour is not unique. But Seiko executes its watches well – quality is excellent inside and out – and excels in highly-functional dive watches that perform well in legibility and usability. That sets this apart from the competition. As a sucker for textured dials, the ribbed dial pattern – meant to evoke the aquatic moss pillars – is highly appealing. It adds depth and character to what is otherwise a no-nonsense “tool” watch. I am not a fan of the power reserve in...

Renaissance Man Aldis Hodge is appointed to America’s oldest watchmaking guild HSNY Time+Tide
Jul 14, 2020

Renaissance Man Aldis Hodge is appointed to America’s oldest watchmaking guild HSNY

One of the brightest and most dynamic minds in the world of watchmaking, Aldis Hodge, has been appointed as a Trustee of the Horological Society of New York today. His is a name that should be well known to Time+Tide readers, through his interview with Andrew McUtchen in the latest edition of NOW Magazine (of … ContinuedThe post Renaissance Man Aldis Hodge is appointed to America’s oldest watchmaking guild HSNY appeared first on Time+Tide Watches.

Patek Philippe Introduces the Ref. 5370P-011 Split-Seconds Chronograph SJX Watches
Patek Philippe Introduces Jul 14, 2020

Patek Philippe Introduces the Ref. 5370P-011 Split-Seconds Chronograph

Unveiled in 2015, the ref. 5370P-001 was Patek Philippe’s second split-seconds chronograph powered by an in-house caliber, after the watches equipped the smaller, slimmer, and far more expensive CHR 27-525 movement. With a black grand feu enamel dial featuring Breguet numerals that gave it an eminently classical style, the ref. 5370P was a hit with fans of the brand. Now the black-dial ref. 5370P has been discontinued and replaced by the Split-Seconds Chronograph Ref. 5370P-011. The new model is identical – with the same CHR 29-535 PS inside a 41 mm platinum case – except for the dial, which is now grand feu enamel in a stunning blue. Initial thoughts Like many others, I am a huge fan of the 2015 original for its balanced, restrained design that is also eminently legible and clear. As a fan of Patek Philippe’s traditional designs, the watch was also appealing for the design lineage that can be traced to Patek Philippe watches of the mid-20th century. While the original is compelling for its vintage cues, the new version feels more modern with the blue enamel dial. As a colour that’s been in vogue for a couple of years, the new dial transforms the personality of the watch into one that is more contemporary. While this facelift will undoubtedly be popular because blue dials are the colour du jour, I still have a preference for the original as the black enamel dial was more understated and in keeping with the brand’s historical designs. Precious materials Being...

Richard Mille Introduces the RM 11-05 Automatic Flyback Chronograph GMT SJX Watches
Richard Mille Introduces Jul 13, 2020

Richard Mille Introduces the RM 11-05 Automatic Flyback Chronograph GMT

A star of contemporary watchmaking as a result of its consistent innovation in unusual, lightweight materials, Richard Mille watches have a unique style that is instantly recognisable. A bestseller that’s arguably the brand’s signature watch, the  RM 11 is large, technical-looking, and now in its fifth generation. The RM 11-05 Automatic Flyback Chronograph GMT is the latest to join the RM 11 line-up, which was first launched over a decade now but regularly face-lifted. Limited to 140 pieces and powered by the same RMAC3 calibre found in its predecessors, the RM 11-05 continues Richard Mille’s material-centric design with a case in grey cermet. Initial thoughts Richard Mille watches are unfailing bold, and often extravagant; the RM 11-05 sticks to that formula and is immediately identifiable. It is a modest, incremental change over earlier RM 11 variants, so it doesn’t offer substantial novelty. But for a fan of the brand and its trademark style, it is very much the traditional Richard Mille look and feel. Blending metal and ceramic The RM 11-05 is novel in its case material – surprising since the brand seems to have used every conceivable modern material – which is grey cermet case, a first for Richard Mille. A contraction of ceramic and metal, cermet is a composite of ceramic and metal alloy, resulting in a material that combines the properties of the two. Cermet is more commonly employed in  ballistic protection and aerospace components. Although the m...

HANDS-ON: The Omega Seamaster Diver 300M 007 Edition is more grit than glamour Time+Tide
Omega Seamaster Diver 300M 007 Jul 11, 2020

HANDS-ON: The Omega Seamaster Diver 300M 007 Edition is more grit than glamour

This year, Daniel Craig will star as James Bond for the final time in the upcoming No Time To Die film, a blockbuster that is sure to be action packed and offer a much needed reprieve from the dystopian movie that is our current reality. On his wrist for this film will be a watch … ContinuedThe post HANDS-ON: The Omega Seamaster Diver 300M 007 Edition is more grit than glamour appeared first on Time+Tide Watches.

Bovet Introduces the Récital 26 Brainstorm Chapter Two SJX Watches
Hublot Big Bang Unico Sapphire Jul 10, 2020

Bovet Introduces the Récital 26 Brainstorm Chapter Two

Helmed by Pascal Raffy, Bovet is a small and independent brand that excels in timepieces that are ornate, original and eccentric – and often highly complicated. The modern-day philosophy of the brand echoes the brand’s origins in the 19th century when it was a leading purveyor of pocket watches to the Chinese market. This year, Bovet furthers its distinctive expression of watchmaking with the Récital 26 Brainstorm Chapter Two. Features an imposing but transparent sapphire case with a sloped, “writing desk” profile, the watch is equipped with a host of complications, from a flying tourbillon to a three-dimensional moon phase. And despite the name, Brainstorm Chapter Two is not just a sequel to the Brainstorm Chapter One, but is more like a newly-conceived watch. Initial thoughts Immediately eye-catching, the sapphire case has a very unconventional inclined shape. Introduced in 2016, the form takes after the traditional sloped-top writing desk and is now a signature Bovet design. While transparent sapphire cases are not new – they are in fact commonplace today with watches with several launched this year, including the Hublot Big Bang Unico Sapphire and the Chanel J12 X-Ray – the Bovet case is unusual in form. It is not entirely sapphire, however, and instead made up of a titanium frame of the case back and lugs, with the sapphire case middle and front mounted on the frame. The titanium case back and its pins that secure the sapphire case middle Though fashi...

Parmigiani Introduces the Tonda GT Collection SJX Watches
Audemars Piguet or Patek Philippe Parmigiani Jul 8, 2020

Parmigiani Introduces the Tonda GT Collection

Following up the more complex Toric Tourbillon Slate, Parmigiani is launching its first ever luxury-sports watch, the Tonda GT. Founded in 1996 by highly-regarded independent watchmaker Michel Parmigiani, the brand specialises in complicated watches like the tubular, Bugatti-inspired Type 390. A departure from the brand’s usual far in both form and price, the Tonda GT line comprises a time-and-date base model, the Tonda GT, as well as the star of the show: the Tondagraph GT chronograph with annual calendar. Tondagraph GT Both are sports watches, with screw-down crowns and water resistance of 100 m. But they takes they cues from past Parmigiani designs, but translated into a more angular, modern shape. The knurled bezel, for instance, takes inspiration from the Toric, the brand’s very first wristwatch. And the dials are decorated with traditional clous triangulaire guilloché. Initial thoughts The new watches add a more casual, sporty offering to the Tonda collection. With distinct designs that don’t ride on the styling of Audemars Piguet or Patek Philippe, Parmigiani is offering a unique and well-priced line that’s suited to both the great outdoors and more formal occasions. Importantly, the Tonda GT is attractively priced, given the high quality of execution and in-house movements. Parmigiani makes almost all components in-house or at its sister companies, and if its current watches are anything to go by, the fit and finish on the Tonda GT will be as good a...

Ressence Introduces the Type 1 Slim X SJX Watches
Ressence Introduces Jul 7, 2020

Ressence Introduces the Type 1 Slim X

Founded only a decade ago, Ressence has already left an indelible impression on watchmaking. Lauded for a design philosophy that is centred on legibility, wearability and intuitive function, the brand’s unusual perspective is thanks to its founder Benoît Mintiens, an industrial designer by profession. To mark its 10th year, Ressence has debuted the Type 1 Slim X, the first of four watches in the commemorative Collection X – “X” being a Roman “10”. Limited to 40 watches, the new watch is essentially identical to the standard Type 1 Slim, but face-lifted with an intriguing dial in a single shade of olive green but finished with contrasting surfaces to achieve a two-tone effect. The remaining Collection X watches will be dressed in a similar shade of green. Initial thoughts I have long been fascinated by Ressence and its watches. The first time I laid eyes on a Ressence, I assumed that it was just an electronic watch with a high-pixel density display; the dial on it was truly flat. When I found out what it was – the effect was due to the oil-filled time display chamber – surprise was an understatement. They are in a class of their own in terms of design, and are, in fact, great examples of “postmodern” mechanical watchmaking. The dark olive dial on the anniversary Type 1 Slim is a first for the brand. The colour is attractive but not as widely used as I would like, with the exception of military-style timepieces, which this is definitely not. To see i...

Breguet Introduces the Tradition Automatique Seconde Rétrograde 7097 SJX Watches
Breguet Introduces Jul 7, 2020

Breguet Introduces the Tradition Automatique Seconde Rétrograde 7097

Breguet is one of the grandest names in watchmaking, and mostly makes watches that are rooted in its history. The aptly named Tradition exudes, well, tradition. Modelled on the souscription pocket watch created by Abraham-Louis Breguet in 1796, the wide-ranging collection has been gently modernised in recent years. The newly-announced Tradition Automatique Seconde Rétrograde 7097 continues that trend, with a dark blue guilloché dial against a grey movement. Initial thoughts This version of the Tradition 7097 is possibly my favourite yet, mostly because of the off-centre dial in blue. Engine-turned by hand, the blue dial is striking against the monochromatic movement. And it looks especially appealing when compared against the earlier versions that have plainer and more conventional silvered dials, which offer less contrast against the movement. But as with all other Tradition watches, there’s a nit to pick here: the serial number plaque on the dial makes it look a bit cluttered, especially since the dial is small to begin with. One solution would be to put the serial numbers beside the Breguet logo, as done on the female Tradition Dame 7038. And while I like the retrograde seconds, its position feels awkward as it cuts into the sub-dial. Though intersecting indicators are a feature in some historical Breguet pocket watches, the face of the Tradition is a bit too small to accommodate it comfortably. The white gold case is in classic Breguet style a delicately-fluted ...

MICRO MONDAYS: Ollech & Wajs are the tool watch company you should check out if utilitarian is your thing Time+Tide
Jul 5, 2020

MICRO MONDAYS: Ollech & Wajs are the tool watch company you should check out if utilitarian is your thing

This week on Micro Mondays, we are looking at a brand that is a little older than most of the watch manufacturers we feature in this column - Ollech & Wajs. And what a story the company has … This might be one of the best-kept secrets in the watch industry, with the Zurich-based company … ContinuedThe post MICRO MONDAYS: Ollech & Wajs are the tool watch company you should check out if utilitarian is your thing appeared first on Time+Tide Watches.

The Mido Ocean Star Decompression Timer 1961 brings the colour we all need in a dark year at a budget-friendly price Time+Tide
Mido Jul 3, 2020

The Mido Ocean Star Decompression Timer 1961 brings the colour we all need in a dark year at a budget-friendly price

There’s very little that hasn’t been done in watchmaking. That’s part of what makes vintage-inspired new releases so popular among watch enthusiasts, especially for diving styles. Mido’s Ocean Star range has sat in this bracket, earning a good reputation for solidly built and classically handsome dive watches for their affordable cost; however, they toed the … ContinuedThe post The Mido Ocean Star Decompression Timer 1961 brings the colour we all need in a dark year at a budget-friendly price appeared first on Time+Tide Watches.

OPINION: Will COVID hammer the final nail into the coffin of the dress watch? Time+Tide
Jul 3, 2020

OPINION: Will COVID hammer the final nail into the coffin of the dress watch?

Having moved house last year, I finally got around to collecting the last remaining items from our storage facility last weekend. All that was left was a forlorn collection of those random bits and pieces that you barely use, but can’t quite stomach throwing out. There was a box of bedraggled Christmas decorations, a tennis … ContinuedThe post OPINION: Will COVID hammer the final nail into the coffin of the dress watch? appeared first on Time+Tide Watches.

John McGonigle Debuts with the Oileán H-B1 SJX Watches
Jul 3, 2020

John McGonigle Debuts with the Oileán H-B1

Hailing from Ireland’s most famous watchmaking family, John McGonigle is best known for being one half of the two brothers behind McGonigle Watches (and another brother is the chief instructor at the world-class watch school in Cambodia). Having decided to strike out on his own last year – an amicable parting resulting from logistical challenges of working with his brother who is based in Switzerland – Mr McGonigle has just launched his own brand, Oileán, Gaelic for “island”, a nod to his home of Ireland. Pronounced “ill-awn”, the brand is making its debut with the Oileán H-B1, a triple-calendar chronograph powered by a new-old-stock Valjoux 88 movement. John McGonigle Initial thoughts Well regarded by collectors and peers, Mr McGonigle’s first watch under his new brand has a vintage movement inside a titanium case. It’s a manageable 40 mm in diameter, but slightly thick at 14.2 mm high, an inevitable consequence of the Valjoux 88. While the Valjoux 88 is not novel – it was widely used in the past – the calibre has been reworked a high standard. That includes several bridges and steel parts made from scratch, as well as hand finishing of all components. Because it is a triple-calendar chronograph “I’ve tried to apply the same rigour to this watch as I used to for the high complications I worked on in the past,” says Mr McGonigle. Going by Mr McGonigle’s past work it is no doubt done very well. The look is modern – the dial is smoked sa...

You’re Invited: Webinar – Highlights from Hong Kong Watch Auction: X SJX Watches
Patek Philippe ref 2499/100 Jul 3, 2020

You’re Invited: Webinar – Highlights from Hong Kong Watch Auction: X

Starting slightly later than usual, the auction season in Hong Kong starts in the second week of July, with Phillips’ The Hong Kong Watch Auction: X happening on July 10 at the JW Marriott. The situation makes attending the sale in person difficult for most of us, so you’re invite to join myself and Thomas Perazzi, Phillips’ head of watches in Asia, for a webinar on July 6. We will discuss the highlights of the 269-lot sale, which is led by a Patek Philippe ref. 2499/100 and a possibly-unique ref. 3448 in white gold. Schedule The webinar will take place on July 6, 2020 at 04:00 pm GMT+8 (Singapore, Hong Kong, Beijing). And for other time zones: 06:00 pm GMT+10 (Sydney) 10:00 am GMT+2 (Berlin, Frankfurt, Milan, Geneva, Zurich) 09:00 am GMT+1 (London) 04:00 am GMT-4 (New York, Boston) 01:00 am GMT-7 (Vancouver) Registration is required to attend, and you can register right here.  

Breguet Introduces the Tradition Dame 7038 SJX Watches
Breguet Introduces Jul 2, 2020

Breguet Introduces the Tradition Dame 7038

Based on the souscription calibre created by Abraham-Louis Breguet in 1796, the Tradition is characterised by an open, symmetrical movement layout and an off-centered time display. The distinctive look has made it one of Breguet’s modern-day hits, though most variants of the Tradition have been watches for men. The latest Tradition Dame 7038 adds to the compact line-up of Tradition watches for ladies. Exclusive to boutiques, the Tradition Dame 7038 combines a dark, iridescent Tahitian mother-of-pearl dial with a deep-brown movement treatment. And unusually for Breguet, the watch is delivered with a matching clutch bag. Initial thoughts The off-centered, Tahitian mother-of-pearl dial was the first thing that caught my attention when this arrived in my inbox. With enigmatic colours that shimmer and vary between violet and green, Tahitian mother-of-pearl never fails to be captivating. Obtained from black-lipped oysters around Tahiti and French Polynesia, they are much rarer compared to white mother-of-pearls as was featured in the first Tradition Dame 7038, making this more appealing, not just for its colour but also the material. The brown undertones of the Tahitian mother-of-pearl dial are complemented by the brown treatment of the frosted finish on the movement and the rose gold case. In typical Breguet style, the mother-of-pear dial is finished in clous de paris engine-turning, a decorative touch that is tradition and always welcome as it adds visual interest to the ...

INTRODUCING: The Panerai Luminor Marina PAM01313, where a dressy blue dial meets a proper diver Time+Tide
Panerai Luminor Marina PAM01313 where Jun 30, 2020

INTRODUCING: The Panerai Luminor Marina PAM01313, where a dressy blue dial meets a proper diver

This year appears to be Year of the Luminor for Panerai. Having redefined the warranty with the lavishly lumed and 3D printed PAM01117, the introduction of the Panerai Luminor Marina PAM01313 sees a bit more restraint return, with classic Luminor design cues but a similarly luscious blue sunburst dial. With its technologically impressive three-day movement, … ContinuedThe post INTRODUCING: The Panerai Luminor Marina PAM01313, where a dressy blue dial meets a proper diver appeared first on Time+Tide Watches.

Longines Introduces the Heritage Classic “Tuxedo” SJX Watches
Longines Introduces Jun 30, 2020

Longines Introduces the Heritage Classic “Tuxedo”

Made up of modern reinterpretations of historical watches, the Longines Heritage collection has been steadily gaining traction with enthusiasts. Typically faithful to the originals and also great value propositions, the line up was just joined by two black-and-white “Tuxedo” watches, a two-counter chronograph as well as the time-only Heritage Classic “Tuxedo”. Initial thoughts Longines has made it a habit of reaching into their rich archive to churn out historically-inspired watches like the Avigation BigEye Chronograph. While the proliferation of remakes might dilute the desirability of the vintage originals, I appreciate it very much. Such remakes allow me to enjoy the vintage aesthetics, but in a watch with modern build quality and compelling pricing. And like earlier Heritage models, the new “Tuxedo” has strong vintage cues and little that gives it away as a modern watch. Notably, Longines omitted the customary “Automatic” label, and more importantly, the date, avoiding a recurring  pitfall for vintage remakes. The 1940s original (left) and the remake Highly legible thanks to the strong contrast, the dial has prominent Arabic numerals that add a bit of Art Deco flair that I adore. Its symmetrical layout with a small seconds at six o’clock also adds to the visual charm. Overall, the watch is balanced and clean, with no unnecessary elements to distract from its simplicity. While the aesthetics are vintage-inspired, the case has been slightly upsca...

Panerai Luminor Due Pam 00926 – Hands on review WatchAdvice
Panerai Luminor Due Pam 00926 Jun 30, 2020

Panerai Luminor Due Pam 00926 – Hands on review

Panerai take the Luminor from the beach to the boardroom with the 38mm Luminor Due, but does it work? No brand has contributed to the proliferation of the over sized watch trend of the 2000’s more than Panerai. Known for pushing the upper limits of wearability, Stallone excepted, the Firenze based manufacture has routinely pumped out watches with 47 and even 50mm cases. In fact, the standard Panerai case size is a meaty 44mm, and that’s not taking into account the brands most recognisable feature, the crown guard. It’s a well established fact that Panerai watches are big and hardy. So, what happens when the brand takes their famous Luminor case and scales down to 38mm? Surely that’s just not Panerai, or is it? Recently I acquired the 38mm Panerai Luminor Due Pam00926, Panerai’s answer to the industries shift towards smaller case sizes. For reference, I have a 17cm wrist or about 6.7 inches in old money. Panerai has been a brand that like many of my small wristed brethren, I have admired from afar. The story of a late 19th century jewelery store in Firenze Italy, taking the dive into making their own watches with the help of Hans Wilsdorf, the founder of Rolex, has long captured my imagination. Panerai are a brand with significance in the watchmaking world at large, they developed radium paint which is the basis for all luminous materials used on dials today. Their signature Luminor crown guard was a big step in the road to true water resistance in wristwatches. W...

Romain Gauthier Introduces the Insight Micro-Rotor Squelette SJX Watches
Jun 29, 2020

Romain Gauthier Introduces the Insight Micro-Rotor Squelette

Romain Gauthier’s latest watch is a skeletonised version of its Insight time-only automatic first introduced three years ago. The Insight Micro-Rotor Squelette retains the same style as the brand’s other watches, but with more elaborate finishing thanks to the open-worked movement. Initial thoughts Romain Gauthier excels in finishing and the new watch undoubtedly has even more of the brand’s top-quality work since there are more surfaces to decorate. The skeletonisation also goes well with the movement, accentuating the long curves and sharp points that are typical of Romain Gauthier style. Importantly, it’s not just a visual upgrade, but also a tangible one – instead of the usual brass, the bridges and base plate of the skeletonised movement are made of titanium. But the titanium parts are finished to the same degree as a standard brass movement, which is quite a feat. And the basic Insight is already a well-conceived watch in the first place. It avoids some of the impractical features, like button winding and back winding, that Romain Gauthier installed on earlier models just to be different. That said, the skeleton version also suffers from one shortcoming of the standard model, which is the thick, 12.9 mm case. Nonetheless, the Insight skeleton is largely an enhanced version of an already-excellent watch. The Insight Micro-Rotor Squelette with a carbon-composite case The only downside is the price – which is no doubt justifiable. The skeleton in an 18k gold...

VIDEO: A golf performance coach who trains the stars rates the new TAG Heuer Connected Golf Edition Time+Tide
TAG Heuer Connected Golf Edition Golf Jun 28, 2020

VIDEO: A golf performance coach who trains the stars rates the new TAG Heuer Connected Golf Edition

Golf is an addictive sport. One that blends the physical power of a Nadal forehand with the psychological rigour of playing a chess Grandmaster. And devotees of the game will do just about anything to get an edge. The immediate question is, will the TAG Heuer Connected Golf Edition help them with that? Because, golf … ContinuedThe post VIDEO: A golf performance coach who trains the stars rates the new TAG Heuer Connected Golf Edition appeared first on Time+Tide Watches.

HANDS-ON: The Grand Seiko SBGH279 with brushed granite-grey dial is a total smokeshow Time+Tide
Grand Seiko SBGH279 Jun 27, 2020

HANDS-ON: The Grand Seiko SBGH279 with brushed granite-grey dial is a total smokeshow

Grand Seiko’s growing reputation over the last few years has been because of three main factors - outstanding quality, mind-boggling value for money, and the most refreshingly expressive dials. As such, it’s not often one of these uniquely dialled watches flies under the radar upon release, but that’s exactly what the SBGH279 aims to do. … ContinuedThe post HANDS-ON: The Grand Seiko SBGH279 with brushed granite-grey dial is a total smokeshow appeared first on Time+Tide Watches.

7 potential bargains from Phillips’ Geneva Watch Auction XI, launching later today in Geneva Time+Tide
Jun 26, 2020

7 potential bargains from Phillips’ Geneva Watch Auction XI, launching later today in Geneva

Phillips’ Geneva Watch Auction XI is just around the corner, and we must say – it is so refreshing to see something in the watch world that’s actually going to happen. No cancellation, no postponement, this auction is going ahead … and it’s got the potential to be quite interesting. Given the precarious state the … ContinuedThe post 7 potential bargains from Phillips’ Geneva Watch Auction XI, launching later today in Geneva appeared first on Time+Tide Watches.

VIDEO: The Longines Heritage Classic Chronograph 1946, for those that love vintage style in a modern size Time+Tide
Longines Heritage Classic Chronograph 1946 Jun 25, 2020

VIDEO: The Longines Heritage Classic Chronograph 1946, for those that love vintage style in a modern size

The 1940s were a golden period for chronograph innovation at Longines, an era that included the now highly collectible 13ZN movement, as well as timelessly balanced and articulated designs. The depth of Longines’ archives from this period have yielded yet another handsome model that is faithful to the original, with sensitive updates to bring it … ContinuedThe post VIDEO: The Longines Heritage Classic Chronograph 1946, for those that love vintage style in a modern size appeared first on Time+Tide Watches.

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...