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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.
The watch company expects an uptick in the second half of the year due in part to its crackdown on gray market sales.
Thought to be lost, the watch with a hand engraving from Brando himself will hit the block at Phillips this winter.
The auction house will hold a sale this fall of timepieces that bear the signature of both the watchmaker and retailer.
National Jeweler

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