Unique Patek Philippe Sells for $4.3m
A unique Patek Philippe watch sold for $4.3m at Sotheby’s New York – the highest price realized by the auction house for a timepiece this year.
A unique Patek Philippe watch sold for $4.3m at Sotheby’s New York – the highest price realized by the auction house for a timepiece this year.
Swiss watch exports slumped in February, down 8.2 per cent, with sales in China down by a quarter.
Sales of watches and jewelry in the US dipped in January, for the first time in well over a year.
Swiss watch exports slumped in December, with the US suffering its first drop in six months.
Two timepieces set new auction records at the most recent Sotheby’s watch sale in Hong Kong
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
Rick Ross’s Diamond-Set Rolex
Audemars Piguet has made four of these new snow-set diamond watches
What the Rolex-Bucherer Deal Could Mean for the Watch Market
Watches of Switzerland’s group revenue soared 25% for the full fiscal year as it expanded its store network and demand for luxury timepieces rose. The UK-based retailer achieved sales of GBP 1.54 billion ($2.02 billion) for the 52 weeks that ended April 30, the company said last week. That amount is a record for the … Read more