Industry News

The Louis Vuitton Watch Prize for Independent Creatives announced its first winner yesterday, on February 6, 2024, with Raúl Pagès and his RP1 - Régulateur à détente winning the inaugural holding of the competition. Raúl Pagès received a silver spiral trophy inspired by a balance wheel – the essential element for the precision of a…

Swiss Jura-based manufacture Jaeger-LeCoultre is settling into its new Bavarian home as it opens a boutique at Munich's most prestigious address, on the glamorous Maximilianstrasse 24. The world-renowned shopping street in Germany, which comprises one of Munich's four royal avenues, counts the likes of Chanel, Hermès, Omega and Ralph Lauren amongst its affluent residents, while…

Following the AP House in Munich and the AP Boutique in Frankfurt, the new AP House in Hamburg is now open to customers just in time for the festive season. The Swiss haute horlogerie manufacture now operates 18 AP Houses worldwide, including cities such as Los Angeles, Bangkok, Barcelona, London, Tokyo and even St Barths.…

Geneva has a new culinary destination for watch enthusiasts and bon vivants alike. In cooperation with award-winning chef Dominique Gauthier, F.P. Journe has opened the fine dining brasserie ‘F.P. Journe Le Restaurant’. Since the beginning of November, refined dishes, exquisite wines, and horological motifs alike have been artfully combined in a listed building at 49…

Jörg G. Bucherer, Chairman and Delegate of the Board of Directors of Bucherer Holding AG, passed away on 6 November. The long-time Bucherer patron was 87 years old and leaves no children to carry on the business. In order to secure the future of his empire, Jörg G. Bucherer sold his company, founded in Lucerne…

Zenith fans can now admire the timepieces of the traditional Swiss manufacture at the brand's first German boutique in Munich. Only a stone's throw away from the Bavarian State Opera, the Zenith boutique opened its doors in the heart of the Bavarian capital on Theatinerstrasse 7 on October 5th. Zenith operates the boutique in cooperation…

It is an earthquake that will change this industry like few others before: the world's most important watch brand, Rolex, is taking over the world's most important luxury watch retailer, Bucherer. Credit © bucherer.com As explained in a statement released by Rolex in the USA, "Following Jörg Bucherer's decision to sell his business in the…

After much anticipation, discussion, and predictions, the results are in: Audemars Piguet has named Ilaria Resta as its new CEO. While François-Henry Bennahmias' successor will join the company as soon as August 2023, bringing almost a three-decade reign to an end, the former CEO will nevertheless remain fully engaged at the horology house until the…

Where best to celebrate the beginning of summer than by the sea? For fifteen days in mid-June, Richard Mille will host its very own regatta on both sides of the Channel for the first time. The first edition of the Richard Mille Cup takes place from the 10th to the 25th June and many more…

The trading of pre-owned watches has exploded in recent years – and this upward trend is still ongoing. In a recent industry report, Deloitte predicts that the annual turnover with pre-owned watches will increase from the current 20 billion Swiss francs to 35 billion Swiss francs by 2030. This means that the market for pre-owned…

Jaeger-LeCoultre's manufacture is tucked away in the lush green Vallée du Joux. Yet this November, the horology house went mobile with a new pop-up, starting its journey in the alpine city of Munich, Germany. Lasting almost two weeks from November 3 to 15, the Reverso Timeless Stories exhibition opened to the public, educating visitors about…

The first Rolex boutique in Germany opened in 2009 at Number 184 on Kurfürstendamm in Berlin, together with its long-standing partner jeweller Wempe. After several months of renovation, the boutique is making its comeback, shining in new splendour. Wempe was the first jeweller to sell Rolex watches in Germany in the 1950s, after Hellmut Wempe…