Industry News

The Rolex Daytona Ref. 6263 "Big Red", which belonged to the legendary racing driver and actor Paul Newman, has been auctioned by the Phillips auction house in New York for 5,475,000 US-Dollars. Paul Newmans Rolex Daytona Ref. 6263 “Big Red” © Phillips In 2017, the Rolex Daytona "Paul Newman" Ref. 6239 was also sold, which…

Swiss watch brand TUDOR is introducing a new system for referencing supplied movements. For historical reasons, the manufacturer until recently used four-digit references for third-party movements. The new designations are intended to avoid confusion between manufacture movements and supplied calibers. The four-digit references that were previously used – such as 2671 – will be replaced by…

Due to the ongoing health crisis, Watches & Wonders 2021 is shifting from being an in-person fair to an online event. It will still take place from April 7 to April 13, but will now be a solely online, interactive experience. The decision to move online was taken by the Watches and Wonders Geneva Exhibitor…

Despite the socially distanced set-up, this year's Grand Prix d'Horlogerie de Genève 2020 winners amazed us with just as many stunning watchmaking creations as usual. Take a break, pour yourself a drink, and get the lowdown on this year's showstoppers. The Grand Prix d'Horlogerie de Genève 2020 Winners Firstly, the Grand Prix de l'Aiguille d'Or went…

Independent watchmaker Oris is introducing a new calibre, entirely created in-house – the Oris Calibre 400. Watchmakers at the Swiss horology house based near Basel have created a movement that is highly efficient and highly anti-magnetic. The other big news is that the watches using the movement will only requires 10-year servicing intervals. New Movement,…

The business of pre-owned watches is booming, and many in the watch industry are looking for ways to enter the sector themselves. Genevan luxurious goods group Richemont has long been on board. IWC Schaffhausen has come up with a special service for its customers and all those who would like to become one. From now…

Fans of Audemars Piguet can now visit the horology house's brand new museum, the Musée Atelier, in Le Brassus. The museum, following its opening in June 2020, offers a chance to uncover the brand's heritage and craftsmanship, with over 300 watches on display. The Musée Atelier's architecture, designed by BIG (Bjarke Ingels Group), is also…

Contemporary and independent watchmaker Ressence has sold its unique timepiece, created in collaboration with Sotheby's, of the #WatchesAgainstCovid19 competition. The winning watch, Raymond Ramsden's Type 1 Slim “Artyon & Finlay”, sold for 45,500 Swiss francs, and was purchased by an online bidder. The auction took place on 11 July, 2020, at Sotheby's Hong Kong ‘Important Watches’.…

Ressence and Sotheby's have announced the winner of their #WatchesAgainstCovid19 competition. Numerous watch enthusiasts designed their own creative interpretations of Ressence’s Type 1 Slim. The winning watch is a highly colourful piece and its designer is an English father-of-two, Yorkshireman Raymond Ramsden. Throughout the competition, the dial was designed by an array of competitors from around…

As of today, Porsche fans have the opportunity to create a wristwatch that matches their dream car as part of the Porsche Design Custom-Built Timepieces Programme. The base of the designs centre around the Porsche Design Chronotimer Series 1, which uses a new online configurator to allow for the creation of individual designs. There are…

Following the cancelling of Baselworld and SIHH, retailers and the media alike will be pleased to learn that Geneva Watch Days is hosting the only Swiss watch fair of 2020 to be attended in person. A number of luxury brands will be attending the event, which will take place in downtown Geneva between August 26…

Following the unprecedented departure of brands including Rolex, Patek Philippe, Chopard and Chanel, Baselworld's MCH Group and representatives of exhibitors have agreed on a settlement for the cancelled Baselworld 2020. However, the MCH Group has also confirmed that Baselworld will not be taking place in 2021. The solution was drawn up in collaboration with the…