Industry news

Watches from luxury giants. Sales for the half-year fell by a third
At the end of July, the French luxury market leaders LVMH and Kering presented their financial reports.

Fabienne Lupo gave way to Emmanuel Perrin
Fifteen years of impeccable service to the Swiss watch industry and an unexpected leave during global turbulence in the watch market: the head of the Foundation for high watchmaking Fabienne Lupo leaves her post.

2020 for watch exhibitions - a year of upheaval
Baselworld is the world's largest and oldest watch and jewelry trade fair, which was to be held from April 30th to May 5th, 2020. Will it be held in Basel or not, with what number of exhibitors?

Jaeger-LeCoultre: a godsend for a spy
This watch can be seen in the prequel series of films about the elite private spy organization (the King's Man), the world premiere of which is scheduled for September 16.

Sales of Swatch Group and Richemont fell by half
The first-ever half-year loss in the history of Swatch Group - this is the main result of the report provided by the group in mid-July.

A record 3.27 million dollars for a unique Rolex
The valuable Rolex Daytona model was the main lot of the Sotheby's watch auction held in July in Hong Kong.