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The company also confirmed reports of layoffs that first surfaced in late July.
The Submariner Ref. 6538 was estimated to sell for as much as $280,000 in Sotheby’s “Watches Online: The Driver’s Collection” auction.
The Swatch Group-owned brand is the official timekeeper of the 2020 Olympic Games in Tokyo.
The first major exhibition of sculptures from Cuban-born, 104-year-old Carmen Herrera is on display in New York’s City Hall Park through November.
Saturday marks 50 years since the first manned moon landing, so the auction house is holding a dedicated sale of the official watch of NASA: the Omega Speedmaster.
National Jeweler

Fine Jewelry Industry News

Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.