An old Rolex makes a new record

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Makers of luxury watches face a grim reality. Affluent millennials prefer the capabilities of smartwatches and companies like Apple and Samsung have done a great job of consuming valuable market share from long standing brands. While the ‘new’ watch market … Read More

Report: China to Overtake U.S. as Digital Market Leader for Luxury Watch Brands

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Luxury watch brands like Tag Heuer have been increasing their digital presence in China in recent months, and the timing couldn’t be better—Chinese consumers are now visiting luxury watch websites more than ever before. Visits to luxury watch websites from … Read More

The World’s Leading Watch Auction House Sets New Auction Record for a Rolex in Asia

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HONG KONG – 28 NOVEMBER 2016 – Phillips, in Association with Bacs & Russo, the world’s leading watch auction house, is proud to announce a historical and record-breaking themed sale of “Rolex Milestones: 38 Legendary Watches That Shaped History”, which … Read More

Will smartwatches, 3D printing save struggling Swiss watch industry?

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As the Swiss horology industry wades further into troubled waters, 82 percent of the sector’s executives have said they hold a pessimistic outlook for the category’s future, according to a Deloitte survey. The Swiss watch industry has seen a decrease … Read More

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