CORDER’S COLUMN: Axing VAT rebates and the Margin Scheme are slowly strangling UK’s ultra luxury watch market
Britain’s exit from the European Union was used as a trigger for two key changes to the way VAT is…
Britain’s exit from the European Union was used as a trigger for two key changes to the way VAT is…
A never-before-seen Rolex split-seconds chronograph dating from 1942 has sold for €3,284,000 (around £2.83 million) at an auction in Monaco. The oversized, 44mm, Reference 4113 watch is one of the rarest and collectible Rolex watches in part because of its creation for pilots in World War II. According to Monaco Legend Auction, which sold the…
Tissot, the longstanding timekeeper of the American men’s NBA, has extended its support for basketball to the women’s game with the release of two co-branded limited edition Seastar watches. Both 40mm watches have interchangeable orange and white straps carrying the W logo of official basketball manufacturer Wilson and made from the same Evo-NXT Premium Composite…
BY TIM STRACKE Earlier this month I spent a couple of days in Geneva at Watches and Wonders and Wonders, mingling with partners, dealers, media, and friends, and exploring the latest offerings from our favourite industry. The event was lavish, featuring celebrities like Mbappé and Jackson Yee, top-notch complimentary food and beverages, and exceptional hospitality.…
French watch business Herbelin has added a panda dial option to its Newport Héritage Chronograph line. The Chronograph collection was launched last year as part of Herbelin’s 35th anniversary for the Newport collection and the new Héritage piece borrows from the design of the first model from 1988, which was a slightly slimmer quartz piece.…
British jewellery designer Hatton Labs has created a lab grown diamond-studded Audemars Piguet Royal Oak it has called the Portcullis. The timepiece was produced in collaboration between the London-based jeweller and MAD, a Paris-based watch customisation specialist. Neither Hatton Labs nor MAD have any formal relationship with Audemars Piguet. The Portcullis is inspired by a…
Manufacturers at this year’s Watches and Wonders were taking a high-low business approach designed to maintain profits by narrowing the range of watches they produce (increasing efficiency); creating very expensive off-catalogue or limited edition showstoppers, often dripping in gems (to increase the value of sales to the super-wealthy); and discontinuing references that create capacity for…
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