“Sharp Contraction” for Swiss Watch Exports
Swiss watch exports slumped in December, with the US suffering its first drop in six months.
white gold Rolex
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.
Contraband handbags, diamonds and vodka auctioned off by French government
France’s finance ministry is auctioning off customs contraband in an “extraordinary sale” featuring platinum bars seized en route to the UK, designer handbags, valuable historic coins, several collections of uncut diamonds and 2,016 bottles of vodka. The 350 lots – valued collectively at about €1m – also include a Volkswagen Golf stopped at France’s border with Spain … Read more