Watches of Switzerland seeks £660m valuation in London listing
The price is based on a price to earnings multiplier of 13x to 14x on net income of £47 million forecast for April 2020, and would value the company at between £610 million...
Marlon Brando’s ‘Godfather’ Rolex Breaks Record at Auction
Los Angeles—Kruse GWS Auctions set a world record this weekend when it sold a Rolex once owned by actor Marlon Brando for nearly $50,000.
The “Archives of Hollywood & Music Auction” featured a 31 mm...
Watches of Switzerland Group IPO will go ahead this summer
The Watches of Switzerland Group has confirmed it will proceed with an initial public offering (IPO), most likely in early June on the London Stock Exchange.
A statement today builds on last week’s announcement of...
Raymond Weil launches new watches for Beaverbooks’ centenary
The timepieces will not be sold anywhere else in the UK and the quantity is limited on a first come, first served basis
Swiss watchmaker, Raymond Weil, has announced two exclusives, limited edition Tango timepieces...
Codelco not giving away gold watches anymore
Chile’s Codelco, the world’s No. 1 copper producer, made headlines recently not for its production of the red metal but for putting an end to a centenary tradition.
For decades, the National Copper Corporation gave...
Timex starts making watches again in its native America
Timex can trace its history back to the town of Waterbury, Connecticut, when the company was born in 1854.
165 years later and America has lost its role as a significant watch manufacturing nation, and...
Breitling exits Baselworld, Rolex expands fair space in 2020
Another one bites the dust. On Tuesday, Breitling officially confirmed its exit from Baselworld, the Swiss watch trade show that has been dwindling in attendance. The fair took its biggest blow when Swatch Group...
Graff Debuts Fancy Vivid Yellow Diamond Watches at BaselWorld 2019
With the 2019 edition of Baselworld getting underway Thursday, Graff Diamonds have revealed two of the three Fancy Vivid Yellow Diamond watches to be showcased. Yellow diamonds are extremely rare, so it takes patience...
MB&F Launches its First Women’s Watch – And It Costs $300,000
World-famous Swiss watch brand Maximilian Busser and Friends (MB&F) is going where it’s never gone before, finally launching the first MB&F timepiece for women. It’s fully set with diamonds and according to Forbes, comes...
Phillips’ Watches Department hires Geoffrey Hess as Consultant
NEW YORK, NY.- Phillips in Association with Bacs & Russo announced that Geoffrey Hess has been hired as a Consultant. Based in New York, Mr. Hess will support the Watch Department’s collaborations, events, sourcing,...
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