Two Broke Watch Snobs
Autodromo Adds an Affordable Ana-Digi Watch to the Group C Lineup
The Autodromo Group C Turbo Sport pairs an analog dial with a digital display for the first time in the brand's history.
Results for Richemont Group
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Two Broke Watch Snobs
Hodinkee
Introducing: The Autodromo Group C Turbo Sport Chronograph
What We Know It's been a while since we've heard from Autodromo. The motorsports-inspired boutique brand is a longtime favorite of many here at Hodinkee. Heck, we did a pretty cool LE with them back in 2023, featuring a special-edition series of Group B Chronographs. That same year, the brand unveiled its Group C, a watch that captured the spirit of digital '80s watches rather nicely. Today, Autodromo is launching its first totally new model since then. Meet the Autodromo Group C Turbo Sport, a fresh take on the practical analog-digital (ana-digi) watches like the Tissot Two Timer, the Heuer Manhattan Chronosplit GMT, and, of course, Breitling's Aerospace and Pluton that once adorned wrists behind the wheel and at the track a couple of decades back. The case is 38.5 millimeters in diameter and made from anodized aluminum – that's the alloy that your BMX bike parts used to be made from back in the day – or at least mine were. The new Group C Turbo comes in three anodized aluminum flavors, clear, grey, and gold. Each has a stainless steel caseback and features a grid dial that's meant to evoke the tachymeter instruments of the Group C Turbo racing era that ran from the early 1980s until about 1993, and was defined by European endurance events including the 24 hours of Le Mans. The Group C cars of the era that inspired these watches featured clean lines, ground effects that delivered high downforce, and turbochargers, offering outsized horsepower that demanded physi...
Hodinkee
Richemont Financial Results Show U.S. Market Resilience As Middle East Sales Hit By War
Richemont's annual financial results and executive commentary showed continued strength in the U.S. market for the Swiss luxury conglomerate's watches and jewelry despite rising consumer prices and economic fallout from the war with Iran. At the same time, sales in the Middle East, particularly the United Arab Emirates have declined since the conflict began in late February. Richemont Chairman Johann Rupert. "It is, at times, truly surreal, but the US economy, the metrics are still looking better than many other economies," Johann Rupert, Richemont's chairman, said on a call with media following the release of the company's annual financial results. Richemont said sales in the Americas rose 17% from the year before and increased by double digits in both watches and jewelry at constant exchange rates during the company's fiscal year ended in March. Richemont, which owns brands including Cartier, Van Cleef & Arpels, IWC, Jaeger-LeCoultre, and A. Lange & Söhne, said sales in the region increased by 18% in the fourth quarter of its fiscal year compared to the same period a year earlier. "Looking ahead, uncertainty is likely to persist, not least in relation to developments in the Middle East," Rupert said. While U.S. sales stayed resilient, Richemont brands selling in the United Arab Emirates, particularly in Dubai, suffered declining sales and foot traffic in stores because of the war. While Abu Dhabi has shown signs of recovery, "in Dubai, they are more reserved, and y...
Fratello
Subprime Reporting? Thoughts On The Recent Morgan Stanley/Swatch Group Controversy
Morgan Stanley Investment Management published its Ninth Annual Swiss Watcher on February 19th. The report dives deep into the commercial performance of the Swiss watch market on a brand-by-brand level. I assume very few watch enthusiasts read the whole thing, but one table is rather famous: the top 50 Swiss watch brands ranked by turnover. […] Visit Subprime Reporting? Thoughts On The Recent Morgan Stanley/Swatch Group Controversy to read the full article.
Time+Tide
What does Morgan Stanley’s top 50 Swiss watch brands list mean for the average enthusiast? (And Swatch Group’s two cents considered)
We dig into Morgan Stanley's latest Swiss watch industry report, and explain what it means for the average watch lover.The post What does Morgan Stanley’s top 50 Swiss watch brands list mean for the average enthusiast? (And Swatch Group’s two cents considered) appeared first on Time+Tide Watches.
Time+Tide
A spot of tennis with Rolex at the Australian Open, Richemont sells Baume & Mercier + LVMH Watch Week 2026
Tennis in Melbourne, watches in Milan and watch brands changing hands in Geneva - it's all happening this week.The post A spot of tennis with Rolex at the Australian Open, Richemont sells Baume & Mercier + LVMH Watch Week 2026 appeared first on Time+Tide Watches.
Monochrome
Industry News - Richemont Reports Sales Up 11% For the Third Quarter of 2025
Despite a challenging political and economic context worldwide, and the undeniable impact of tariffs on exports to the US, luxury powerhouse Richemont, owner of Cartier, IWC, JLC, and Vacheron, seems to remain strong. Indeed, in its latest quarterly report for the three-month period ended 31 December 2025 versus the prior-year period, and at constant exchange […]
Hodinkee
Introducing: The Autodromo Mobil 1 Group B Pegasus Edition
An automotive collaboration that leans into the nostalgia for the speed, danger, and style of the 1980s and its legendary Group B era.
Deployant
Review: Seiko Prospex Alpinist - new Thong Sia Group Exclusive
We take the latest Seiko Prosptx Alpinist for a spin. This release is a Thong Sia Group Exvclusive, with a beautiful snowy white dial.
Hodinkee
Business News: Former Audemars Piguet CEO Bennahmias Returns To Lead New Luxury Group: There Will Be Watches
Bennahmias launches The Honourable Merchants Group and plans to include watches in the luxury venture.
![Fratello Talks: Swatch Group Releases 2025 [Live From The Utrecht Watch Valley Event]](https://www.fratellowatches.com/cdn-cgi/image/anim=false/wp-content/uploads/2025/08/Fratello-Talks-Swatch-Group-Novelties-2025-Utrecht-scaled.jpg)
Fratello
Fratello Talks: Swatch Group Releases 2025 [Live From The Utrecht Watch Valley Event]
Welcome to another on-location episode of Fratello Talks, this time from the Watch Valley event in Utrecht, where the Swatch Group unveiled its latest novelties for 2025. In attendance were Nacho, Daan, and RJ, keen to get a full preview of the year’s releases from the brands present. The event was packed with exciting novelties […] Visit Fratello Talks: Swatch Group Releases 2025 [Live From The Utrecht Watch Valley Event] to read the full article.
Monochrome
Industry News - Swatch Group Reports Sales Down 7% and Profit Decline for First Half of 2025
In a challenging environment for the watch industry, Swatch Group, the Swiss powerhouse owner of brands such as Omega, Longines, Tissot and Breguet, reported sales of CHF 3,059 million for the first half of 2025, representing a decline of 7.1% at constant exchange rates and 10.4% on a comparable basis. The operating profit dropped to […]
Hodinkee
Business News: Audemars Piguet, Girard-Perregaux, And Richemont-Backed FHH To Offer Public Online Training And Education Classes As Watchmakers Face Headwinds
The general public can now take courses and learn about watchmaking from Swiss-based industry group.
Hodinkee
Business News: Richemont Chairman Lauds Rival Watchmakers Reducing Production To Align With Weak Demand From China
Sales and profits fell for Richemont's Specialist Watchmaker division due to weakness in China, but Cartier owner says production has been adjusted.
Hodinkee
Richemont’s Emmanuel Perrin to Take Over As CEO of Panerai Exiting Role as Head of Specialist Watchmakers
Richemont veteran executive Perrin will step down as head of Specialist Watchmakers to lead Panerai brand.
Fratello
It’s Official: Rolex Is Out, And LVMH Is In - The Arnault-Led Luxury Group Lands A 10-Year Partnership With Formula 1
It’s been a rumor for quite a while, so the fact that Rolex is out and LVMH is in as of next year didn’t come as a surprise. Maybe the length of the firm 10-year contract is. In addition, LVMH won’t promote just the historically correct watch brand TAG Heuer through Formula 1 but also […] Visit It’s Official: Rolex Is Out, And LVMH Is In - The Arnault-Led Luxury Group Lands A 10-Year Partnership With Formula 1 to read the full article.
Monochrome
Industry News - Swatch Group Reports Sales Down 14.3% for the First Half of 2024
At CHF 3,445 million, the sales of the Swatch Group, the Swiss powerhouse owner of Omega, Longines or Tissot, are down 14.3% at constant exchange rates and 10.7% at constant rates. The declining sales strongly impact the operating profit at CHF 204 million against CHF 686 million for the previous year. Swatch Group advises that […]
Monochrome
Industry News - Richemont Reports Record Sales for the Year 2023-2024, Appoints Nicolas Bos as new CEO
While the global economic situation might feel rather pessimistic, the luxury business and the watch and jewellery industry continue to post strong results for the year 2023. Following the announcement of a record year for Swiss watch exports in 2023, as well as strong revenues for both LVMH and Swatch Group, it is now time for […]
Fratello
Fratello Talks: Swatch Group Novelties From The Watch Valley Event In Utrecht
Hello, and welcome to an on-location episode of Fratello Talks. Today, Nacho, Daan, and Lex are coming to you from the Watch Valley event in Utrecht, where Swatch Group novelties for the first half of 2024 were unveiled. They’ll run through some of their favorites and give opinions on the different brand’s new watches and […] Visit Fratello Talks: Swatch Group Novelties From The Watch Valley Event In Utrecht to read the full article.
Monochrome
Industry News - Swatch Group 2023 Results Show Solid Growth of Sales, Positive Outlook for 2024
Following the announcement in July 2023 of its half-year results showing an impressive growth of 18% in sales, Swatch Group has just issued its key figures for the entire year 2023. The Biel-based conglomerate, owner of brands such as Omega, Longines, Tissot or Breguet, reports sales up by 12.6% at constant exchange rates, or 5.2% […]
Worn & Wound
The Autodromo Group B Welcomes All-New Rallysport Chronograph
The Autodromo Group B is something of a modern legend around here. It’s a watch that works on every level, from concept to execution, and it remains one of the most compelling micro-brand/small independent offerings even now, 8 years after its initial release (particularly in Night Stage form, if you ask me). The Group B has always been a time-only three-hander, but that changes this week with the introduction of a new kind of Group B, a manually wound chronograph kind of Group B. Released in a range of five unique colorways exclusively through the Hodinkee Shop, the new watches are as bright and vivacious as the cars that inspired them. The Group B takes inspiration, and indeed its name, from the short lived racing series from the ‘80s, which birthed some of the all-time great racing cars and their homologated road cars. The new Group B Chronograph watches reflect details and colors seen in and on the cars of that era, bringing bright hits of primary colors to the dials and hands that feel authentic to the subject matter without betraying anything too specific. Because of that, these watches should land pretty well even for folks unfamiliar with, or uninterested in, the racing tie in. There’s even a Hodinkee specific colorway, the H01, that applies subtle shades of green for a more subdued look. One of the many things that make time-only Group B so great are its impeccable dimensions. The 39mm titanium and steel case measures 39mm in diameter, and a scant 9mm in t...
Worn & Wound
The New Autodromo Group C’s Just Landed In The Windup Watch Shop!
Digital watches often get overlooked by watch enthusiasts, as we tend to want mechanical and automatic watches that have a “heart”. But digital watches have become an essential part of modern life, offering convenience, accuracy, durability, and functionality at an affordable price. It’s tough to argue with that. Autodromo knows how to win over even the most hardcore watch enthusiast with their unique automotive inspired designs and they’ve done it again with the newest Group C, now available in the Windup Watch Shop. Digital watches often get overlooked by watch enthusiasts, as we tend to want mechanical and automatic watches that have a “heart”. But digital watches have become an essential part of modern life, offering convenience, accuracy, durability, and functionality at an affordable price. It’s tough to argue with that. Autodromo knows how to win over even the most hardcore watch enthusiast with their unique automotive inspired designs and they’ve done it again with the newest Group C, now available in the Windup Watch Shop. The post The New Autodromo Group C’s Just Landed In The Windup Watch Shop! appeared first on Worn & Wound.
Worn & Wound
Autodromo Enters a New Class with the Group C
Automotive inspired watches are never easy to pull off, but if there’s one brand that’s consistently done just that, it’s undoubtedly Autodromo. Their watches, from the Vallelunga to the Group B, all convey a deep knowledge and passion of the underlying inspiration in ways that aren’t always immediately apparent. Whether it’s the shape of the curvature of the case, or a specific colorway used, these watches go above and beyond what you’d expect. Today, Autodromo opens a new chapter in this story with the release of the Group C, a watch that will sit alongside the Group B, all while imparting a very different impression of the racing classes for which they are named. Group C as a category of racing was introduced by the FIA in 1982, and would produce some of the most iconic endurance racing cars of all time before its shuttering in 1993. Certainly defining cars of their era, which included the likes of the Jaguar XJR-8, the Sauber C9, the Porsche 956, and of course, the screaming Mazda 787B. These cars all came in something of a transition period for racing cars, with a slew of new rules and regulations meant to bring the sport more inline with Formula 1 quickly ushering in the class’ demise just prior to the 1993 championship race was due to be run at Magny Cours (though the cars were allowed entry to the 1994 running of the 24 Hours of LeMans, and would take the top 4 spots overall, with the Porsche 962 car 36 taking the win). This is the deep pool from wh...
Revolution
An Important Cartier Collection by Monaco Legend Group
Monaco Legend Group’s 88 Cartier sale in 2021, is dedicated to selling arguably the most significant private collection of Cartier timepieces
Revolution
Rare Rolexes at Monaco Legend Group This October
Ross Povey gives us the low down on Monaco Legend Group’s October 2021 auction and the few lots in particular that he has an eye on.
Time+Tide
How Swatch Group quietly developed a gamechanger for affordable GMTs
Last year, Mido, one of the brands under the Swatch Group umbrella, released the affordable Ocean Star GMT.The post How Swatch Group quietly developed a gamechanger for affordable GMTs appeared first on Time+Tide Watches.
SJX Watches
Business News: Swatch Group Posts Full-Year Loss
From a robust profit of CHF748m the year prior, Swatch Group ended 2020 with a net loss of CHF53m – the first in decades for the Swiss watch conglomerate that owns brands like Omega, Longines, and Tissot. This reversal of fortune was attributed to the COVID-19 pandemic, which forced many of its retail stores to close while putting a halt to international travel. On an operating level, Swatch Group eked out a tiny CHF52m profit – compared to CHF1.02 billion the year before. The year’s results were mitigated by an improvement in the second half of 2020, with sales in the second half of the year rose 54.7% compared to the previous six months, as economic activity resumed in Asia with pandemic restrictions lifted, particularly in China, which experience double-digit growth for the full year. And the Swatch Group also had to face a virus of the digital kind in the second half of the year. Reported in information-technology news but not in the mainstream press, the group suffered a cyber attack in September, leading to a mention of “a 10-day production interruption” at Omega in the results announcement. Hit harder than most With jewellery selling better than luxury watches, fellow Swiss rival Richemont was buoyed by its pair of jewellery brands that helped plug the hole caused by its faltering watch division. Although Swatch Group owns American jeweller Harry Winston, the bulk of its revenue is generated by watches and watch components. Net sales fell to CHF5.59 bil...
SJX Watches
Business News: Richemont Sales Recover in Third Quarter
In the third quarter of its financial year – the three months to end-December 2020 – Richemont reported a modest recovery, with sales rising 5% over the same period a year before at constant exchange rates. This modest recovery was enough to moderate its results for the nine months to date, with revenue for the period down 14%, as compared to the drastic 38% plunge in sales for the first half of the year. Owners of over two dozen watch and jewellery brands including Cartier, IWC, and Panerai, the Swiss luxury conglomerate was buoyed by robust demand in Asia, its biggest regional market, as well as the Middle East and Africa. Combined, the two regions make up approximately half of Richemont’s global sales. The Asia Pacific enjoyed a 25% rise in sales, driven largely by exceptional demand in mainland China, where revenue rose an impressive 80% for the period, with sales in Taiwan also seeing a marked 29% increase – both consequence of a return to regular economic activity as the pandemic was brought under control, and the inability to travel and shop overseas. Paradoxically, the results in the Middle East were driven by a revival of tourist spending in Dubai as flights resumed, and domestic spending in Saudi Arabia where citizens cannot easily go abroad. This contributed towards a remarkable 27% increase in sales for the region. Elsewhere, sales too rose, albeit in smaller, single-digit increments. Bolstered by domestic demand, sales in the Americas rose by 3%. Jap...
SJX Watches
Business News: Swatch Group Sales Plunge on Pandemic Closures
Swiss watchmaking conglomerate Swatch Group just announced its half-year 2020 results and unsurprisingly, it took a huge hit due to the COVID-19 pandemic. Although the group, which owns brands like Omega and Longines, had a good start in January with an operating margin of 17.3% – with the watch and jewellery brands performing a bit better than movement- and component-production division – the lockdown progressively imposed across the world since February severely impacted sales, leading to a steep declines in revenue and half-year operating loss, a first for the group. Group sales for the first half plunged 43.4% at constant exchange rates from a year earlier, resulting in an operating loss of CHF327m, compared to a profit of CHF547m for the same period in 2019. Most of the drop in sales was attributed to the lockdowns in most countries, resulting in widespread store closures. The Swatch Group saw up to 80% of both its own boutiques and third-party retailers close, meaning it had to rely on partially “partially feasible” e-commerce. And even after lockdowns were lifted, the group permanently vacated some of its retail space, as evidenced by disputes with its former landlord in Hong Kong, which has sued the Swatch Group for several million in allegedly unpaid rent. Due to its swiftly-streamlining retail network, the group’s employee count was trimmed by 6.5% since December 2019 to approximately 33,700 employees. This was also confirmed by anecdotal evidence fro...
SJX Watches
Pandemic Truths - Brian Duffy, CEO Watches of Switzerland Group
Having just gone public in May 2019, the Watches of Switzerland Group has a major presence in its home market of the United Kingdom, as well as the United States. Its revenue for the 2020 financial year was £819.3 million, or about US$1.02 billion, making it one of the world’s largest watch retailers. The man who led the group to its flotation on the London stock market is Brian Duffy. He was appointed chief executive in 2014, after Watches of Switzerland was acquired by American private equity outfit Apollo Global Management. Mr Duffy’s tenure has seen the group post strong growth and record sales. Just before lockdowns took effect in its primary markets in mid-March, sales were up 36.4% in the United States, while group revenue rose 15.8%. And it was expanding apace, having just acquired four stores from Fraser Hart, while renovating several of its existing stores. Then the pandemic hit. So what happens now? Mr Duffy shares his views on the current situation, and why he is optimistic about e-commerce as well as luxury watches. How did the pandemic affect your business overall? Obviously it was quite a shock. Our first concern was to ensure our staffs’ health and to maintain the whole workforce. We managed to keep all our people and worked on keeping spirits high everywhere. Our numbers were very good coming into the year – up 16% at the end of the fiscal year in April 2020 – but closing all stores across the UK and US slowed down this trend momentarily. O...