“Sharp Contraction” for Swiss Watch Exports
Swiss watch exports slumped in December, with the US suffering its first drop in six months.
Rolex Submariner
First Dedicated Rolex Store in China
China is to get its first dedicated Rolex store. The luxury Swiss watchmaker will sell direct to consumers at the HKRI Taikoo Hui mall, in Shanghai, according to Chinese media reports. The store will be operated by Bucherer, the long-established watch retailer that was wholly acquired by Rolex last September, and will carry Bucherer branding. … Read more
US Watch and Jewelry Sales in June: Biggest Monthly Increase for Two Years
Watch and jewelry sales in the US picked up significantly in June, with their biggest single monthly increase in two years.
Swiss Watch Exports Plunge Amid Halt in Asia Demand
Swiss watch exports recorded a steep decline in March as demand in China and Hong Kong
Rolex’s 30% Share of Swiss Watch Market
Rolex remains the king of Swiss watches, with more than a 30 per cent share of the market in 2023, according to new research by the investment bank Morgan Stanley and consultants LuxeConsult. “No other luxury brand can claim such a dominant position in its respective sector,” they say in a new report. Rolex’s market … Read more