National Jeweler Network

Brand Profiles

11/26/14

Movado sales slip in weak watch market

Slow overall watch sales and poor sell-through on its flagship brand overseas led to a disappointing third quarter for the Movado Group Inc.

11/25/14

The smartwatch has too (many) faces

Think consumers can ‘trick out’ their smartwatch with a virtual version of a mechanical timepiece’s face? Not on our watch, said some of the industry’s biggest brands.  

10/16/14

Patek Philippe’s $2.6M, 175th anniversary watch

Patek Philippe has unveiled its most complicated and expensive wristwatch to date, the Grandmaster Chime. With six new watchmaking patents and 20 complications, the limited-edition timepiece has a $2.6 million price tag.

09/30/14

Apple takes its watch to fashion week

Apple is holding an open-to-the-public viewing of the Apple Watch Tuesday at Paris store Colette in what might turn out to be a preview of the type of retailer the tech giant will tap to carry its smartwatch. 

09/25/14

Shinola expands into Europe with standalone store

Shinola is opening a brick-and-mortar location in London’s Soho district next month, marking the brand’s first standalone store outside the United States.  

08/27/14

‘America’s Team’ now has a Swiss watch

Hublot is adding another sport to its list of athletically inclined partnerships, one that is a billion-dollar business in America: football.  

08/07/14

Omega extends timekeeping partnership with PGA

Swatch Group-owned watch brand Omega has extended its partnership agreement with the Professional Golfers’ Association of America and now will be the organization’s official timekeeper until 2022.

07/28/14

Omega tees off new TV ad campaign

Omega just produced a new television commercial for national distribution starring Irish golfer and brand ambassador Rory McIlroy with music by another act from Ireland, alternative rock bank The Script. 

07/22/14

Appointments: Kering moves Sowind CEO to Gucci

Michele Sofisti will step down from his role as CEO of the Sowind Group to focus on running Gucci Watches and Jewelry as part of a reorganization at parent company Kering. 

07/08/14

Apple recruits TAG Heuer executive

TAG Heuer Vice President of Sales Patrick Pruniaux has left the company to join Apple, LVMH’s head of watch brands Jean-Claude Biver told CNBC in an interview last week. 

06/25/14

Swatch expands Tourbillon boutiques to Houston

The Swatch Group has opened a Tourbillon boutique in Houston, following the recent and successful opening of another store in Dallas, the brand announced.  

06/13/14

Breitling donations send D-Day vets to memorial

A group of 65 World War II veterans from Florida were able to visit a D-Day memorial this month thanks to Breitling’s support of Honor Flight Network, a nonprofit organization that helps veterans travel for free.

06/11/14

Bedat & Co. distributor takes on Rue du Rhone

Akstrom Imports Inc., the official distributor of Swiss watch brand Bedat & Co. in the United States and Canada, also will now distribute 88 Rue du Rhone timepieces in the same territories.

06/11/14

Tissot heads to NYC for first US boutique

Tissot recently announced plans to open its first standalone store in America on Manhattan’s Fifth Avenue later this year, making it the latest watch brand to open its own store here.

06/10/14

TAG Heuer delays release of new Carrera

Tag Heuer announced recently that it is pushing back the launch of the Carrera CH80 chronograph and will instead focus on production of one chronograph movement, the CH1887.

06/06/14

Zenith starts up partnership with The Rolling Stones

LVMH-owned watch brand Zenith just dropped the first limited-edition series of watches it is creating in partnership with The Rolling Stones, who are in the middle of their “14 On Fire” world tour.

06/05/14

Longines timing Chrome’s run for the Crown

Longines will have another round of Conquest Classic chronographs ready to go Saturday when California Chrome attempts to become the first horse in 36 years to win the Triple Crown.

05/12/14

Citizen opening its own store in New York

Citizen Watch Co. has announced plans to open a flagship store in Times Square this November. It will be the brand’s first concept store in North America.

05/06/14

Swatch keeping an eye on iWatch trademarks

Swatch Group has been “pointing out” to trademark authorities the similarity between the names “iSwatch,” the name of a plastic Swatch watch from 2013, and “iWatch” in countries where Apple has sought to trademark the term.   

05/06/14

Zenith names Breitling executive as new CEO

Zenith announced Monday that it has found a replacement for Jean-Frédéric Dufour, who is leaving the brand to head Rolex.  

05/05/14

TimeCrafters event returns to NYC this month

Brands including TAG Heuer, Audemars Piguet and Frédérique Constant will showcase their latest innovations and most iconic designs at the third annual TimeCrafters show, scheduled for May 16 to 18.

04/29/14

Soccer star Ronaldo joins TAG Heuer’s team

TAG Heuer announced Monday that it has added Cristiano Ronaldo, a forward for Real Madrid who is currently the world’s highest paid footballer, to its lineup of brand ambassadors. 

04/25/14

Swatch cannot trademark ‘Tourbillon’ for stores

The U.S. trademark appeal board has shot down Swatch Group’s attempt to register the Tourbillon logo it uses for its boutiques of the same name, noting, among other points, that registering the mark could deprive competitors of using representations of tourbillons when advertising their products. 

04/15/14

Rolex names new CEO

Rolex SA announced the appointment of its third CEO since 2008 on Tuesday, tapping current Zenith head Jean-Frédéric Dufour to lead the luxury watch brand. 

04/11/14

Founder’s grandson takes over at Raymond Weil

Swiss watch brand Raymond Weil announced Thursday that Elie Bernheim is its new CEO, taking over for his father, Olivier Bernheim. 

03/28/14

Graff debuts $55M diamond watch in Basel

Graff Diamonds is marking its first appearance at Baselworld with the introduction of a $55 million colored diamond watch called “Hallucination,” a creation it estimates is the most valuable timepiece ever to be created. 

03/27/14

Baume & Mercier ads position watches as gifts

Swiss watch brand Baume & Mercier has partnered with photographer Peter Lindbergh for the first advertising campaign it has launched in years, which aims to portray watches as the perfect gift for commemorating special events. 

03/20/14

Tissot ads to convey affordable luxury

Watch brand Tissot is launching a new global advertising campaign that aims to emphasize its Swiss heritage and convey the brand as an affordable luxury. 

02/05/14

Swatch profit rises due to Tiffany settlement

Biel/Bienne, Switzerland--Swatch Group reported a 9 percent increase in net sales and a 17 percent increase in operating profit, boosted by the watch giant’s multimillion-dollar settlement with Tiffany & Co. 

01/27/14

Watch pioneer Raymond Weil dies at 87

Raymond Weil of the eponymous Swiss luxury watch brand died on Sunday, leaving behind a legacy of creating luxurious yet affordable timepieces.

01/13/14

Faulty pump believed to be cause of Swatch fire

While the investigation into the fire that destroyed part of a Swatch Group factory remains under investigation, a company spokesperson said early results indicate the fire was caused by a “technical deficiency” in one of the pumps in the galvanic workshop. 

01/09/14

Audemars nets Royal victory in trademark case

A watch company has been ordered to pay Audemars Piguet more than $9 million in damages for selling a watch that was deemed to be a knockoff of the luxury watchmaker’s “Royal Oak.”

12/30/13

Swatch assessing damage following factory fire

A spokeswoman for the Swatch Group said the company is still trying to determine how a fire that destroyed a unit within its ETA factory on Sunday will impact production.

12/23/13

Tiffany ordered to pay Swatch $449M in watch case

Following confidential arbitration, a court in The Netherlands has ruled in Swatch Group’s favor in its multi-million-dollar legal battle with Tiffany & Co. over the companies’ now-severed watch contract.

12/23/13

Lull in Chinese luxury market hurts watches

The luxury market in China has slowed considerably in 2013, impacting high-end watch sales there, according to a report from global consulting firm Bain & Co.

12/17/13

Singer Clarkson named newest Citizen ambassador

Kelly Clarkson, who got her start as the first winner of American Idol before rising to fame and snagging three Grammy Awards,  is the newest face for Citizen watches, the brand announced Monday.

12/17/13

Bovet joins watchmakers opening boutiques in US

Bovet 1822 has opened its first store in the United States, adding its name to the growing list of high-end watchmakers launching stores here. 

12/10/13

Swatch Group opens multi-brand boutiques in US

Swiss watch maker Swatch Group is bringing its multi-brand retail store, Hour Passion, to the United States, and the first shops will be in New York and Las Vegas. 

12/06/13

Seiko opening high-end boutique in the US

Japanese watch maker Seiko announced Thursday that it’s expanding its global presence with the opening of its first high-end boutique in the United States next year. 

11/27/13

Movado’s Q3 sales climb 18 percent

Movado Group Inc. reported Tuesday that third quarter sales increased 18 percent year-over-year, led by growth in the accessible luxury and licensed brand categories. 

10/28/13

Swatch to continue supplying movements until 2019

A Swiss competition body has ruled that Swatch Group must continue supplying third-party watchmakers with at least some finished movements through Dec. 31, 2019.

09/11/13

Watch News: Bremont opens Hong Kong store

Following the opening of its standalone flagship store in London, English luxury watch brand Bremont now has its first overseas boutique, located in Hong Kong.

 

08/28/13

Q2 sales climb 17 percent for Movado

Watch design and distribution company Movado Group Inc. reported strong increases in both sales and income in the second quarter. 

07/16/13

Swatch Group ordered to slow cuts of supplies

 The Swiss competition authority, Weko, has ruled that it is too early for Swatch Group to cut supplies of Nivarox assortments to third-party companies, a ruling that is a victory for smaller watchmakers anxious about procuring all the parts needed to build watches.