Hodinkee
Breaking News: Rolex Acquires Storied Retailer Bucherer
In a stunning August surprise, the world's most renowned watch brand buys a historic retailer.
22,157 articles · 216 videos found · page 37 of 746
Hodinkee
In a stunning August surprise, the world's most renowned watch brand buys a historic retailer.
Hodinkee
It feels good to have a whisper-thin watch on the wrist. Does it feel six times better when it costs $8,600 instead of $1,275? Today, the JLC Master Ultra Thin Date takes on the La Grande Classique de Longines.
SJX Watches
Little know outside the industry but a key supplier to the biggest watch brands, Salanitro S.A. is Switzerland’s biggest gem-setting and jewellery specialist catering to watchmakers. Owned by its namesake founder until now, Salanitro now counts Patek Philippe as a shareholder. Founded three decades ago by Pierre Salanitro, the company is located a Geneva suburb not far from Rolex headquarters. A discreet but well-connected individual, Mr Salanitro built his company both organically and through acquisitions, creating an enterprise that’s the preeminent jewellery and gem-setting specialist for the watch industry. Today Salanitro far exceeds the competition in scale with annual revenue in the high nine figures and over 230 employees, more than half of them gem-setters. The company covers all the bases when it comes to jewelled watches: it supplies, cuts, and sets gemstones, and also produces components with the three dozen CNC mills on its premises. Gem-setters at work in Salanitro’s facility. Image – Salanitro The art of gem-setting is a manual process that requires deft hands. Image – Salanitro Mr Salanitro’s three children have no involvement in the business, explaining his desire to seek a strategic investor. “I am very proud and delighted that Patek Philippe has acquired a stake in my company,” says Mr Salanitro, “[The brand is] the ideal partner for securing the firm’s future… [and] continue our activities and guarantee jobs beyond generations....
Time+Tide
It’s no secret that we are massive fanboys (and girls) of DOXA. It’s why we’re the Australian distributor for the brand. Do we distribute lots of brands? No, just one. We believe DOXA offer some of the best bang for buck on the market for the watch lover – whether it’s at the higher end … ContinuedThe post We made a tribute video to the baddest DOXA ever, which is about to sell out appeared first on Time+Tide Watches.
Deployant
Czapek has announced the acquisition of watch No. 535 at Sotheby's Important watch auction, May 2018. This timepiece, made by Patek, Czapek & Cie in 1842 is a very rare and early yellow gold open faced stem winding cylinder watch.
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For years, Longines sat quietly in the background of the Swiss watch industry. Today, it has become one of the most respected brands among watch enthusiasts.
Hodinkee
And they did not disappoint. Here's what 40 would-be Omega × Swatch buyers wore to this weekend's worldwide mega-launch.
Hodinkee
The film’s prop master talks Cartier, Swatch, and Francis Ford Coppola’s Rolex
Fratello
Few watches have inspired as many variations, stories, and passionate debates as the Omega Speedmaster. Over nearly seven decades, it has evolved from a racing chronograph into one of the most celebrated watches in horology, with countless references that appeal to a wide range of collectors. Ask three enthusiasts to name their favorite Speedmasters, and […] Visit Fratello Talks: The Ultimate Omega Speedmaster Debate — Which Model Defines The Legend? to read the full article.
Two Broke Watch Snobs
We reveal which brand truly delivers better value, durability, and ownership experience after a decade of thoroughly reviewing both.
Two Broke Watch Snobs
We reviewed the Omega Speedmaster 3861 and Bulova Lunar Pilot side by side. See which moon watch makes more sense once price, wear, and design are factored in.
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Ask any seasoned collector what his or her grail watch was upon first entering the hobby, and chances are the answer will be very different from what it is today. As our knowledge grows and our tastes mature, so too d...
Two Broke Watch Snobs
Which affordable watch works better in daily use? A Timex Expedition Atlantis vs Casio F-91W comparison with insights on design, durability, and more.
Teddy Baldassarre
Teddy Baldassarre is an authorized luxury watch retailer of brands like TUDOR, OMEGA, IWC, Grand Seiko, Breitling, Blancpain, Glashütte Original, Zenith, Longines, ORIS, MIDO, Tissot, Hamilton, NOMOS Glashütte, Baume & Mercier, and more.
Time+Tide
Two customised Rolex, one winner. Which fared better at the Sotheby's Fine Watches auction: the Supreme Submariner or the Asprey Daytona?The post The Supreme Submariner versus the Asprey Daytona – which went for more? appeared first on Time+Tide Watches.
Time+Tide
A fan-favourite brand is set to make its return, and the humble G-Shock reaches new heights.The post The most expensive G-SHOCK ever sold + Breitling acquires Universal Genève appeared first on Time+Tide Watches.
SJX Watches
Breitling has just announced the acquisition of Universal Genève, a once-storied brand famous for its Polerouter and Compax chronographs but that was dormant for years. Breitling will pay CHF60 million for the brand, but in tranches with CHF20 million upfront and the balance over the next five years. The acquisition marks the first step in chief executive Georges Kern’s ambitions of building a watchmaking group, which will presumably go public. According to Mr Kern, Universal will be revived by a new team and run independently of Breitling, though it is almost a certainty Breitling will bestow upon its sister company some of its in-house movement know-how. A sleeping beauty Since 1989, Universal Genève has been owned Stelux, a Hong Kong watchmaking group focused on the affordable end of the market. The company’s primary business is the lucrative distribution of Seiko in Hong Kong and Southeast Asia, while its City Chain stores specialised in low-priced watches. Stelux owns a handful of other Swiss brands, including Solvil et Titus and Catena, none of which are premium brands as Universal might possibly be. Although Universal attempted several halfhearted comebacks, particularly in the 1990s, the brand has gone nowhere for some time, making it a relatively easy turnaround given the starting point. Commenting in the takeover announcement, Breitling chief executive Georges Kern says, “Rebuilding a brand with such a rich narrative is not a quick endeavor-it is a meti...
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Time+Tide
The new Citizen Eco-Drive Black Washi Paper Dial is limited to 350 pieces It sports a 100m water-resistant Duratect Gold Super Titanium case that’s more than five times harder than standard steel Black washi paper dials are sprinkled with gold leaf through Sunago-maki – no two are the same When I personally define the characteristics … ContinuedThe post The new Citizen Black Washi Paper Dial maximises aesthetics and function appeared first on Time+Tide Watches.
SJX Watches
In a surprising move, Rolex has just announced the takeover of Bucherer, the Swiss watch retailer that is the largest seller of Rolex watches worldwide. Long the odd one out amongst luxury watch brands for not having its own retail network – hitherto Rolex owned just one store in Geneva – Rolex now owns the world’s biggest watch retailer outside of China and Hong Kong. Though headquartered in the quaint mountain town of Lucerne, Bucherer is a global giant with 100 points of sale in Europe and the United States, with Rolex and Tudor represented in half of them. A Rolex retailer since 1924, Bucherer boasts annual sales of almost CHF2 billion, with almost two-thirds of that from the sales of Rolex and Tudor watches. As a result, Bucherer is the largest retail partner for Rolex, accounting for almost 10% of Rolex’s estimated CHF10 billion in turnover. It was no coincidence that Bucherer was the first retailer in the world to embark on the Rolex Certified Pre-Owned programme. Bucherer will remain as an independent business after the takeover, which has to be approved by competition authorities. The terms of the sale were undisclosed. A logical surprise Although the news of the takeover was unexpected, it is a logical progression of events. Established in 1888, Bucherer has been in the hands of its founding family since then, with the company currently led by Jorg G. Bucherer, grandson of founder Carl F. Bucherer. Now almost 90 years old, Mr Bucherer is an industry legen...
Time+Tide
Editor’s note: Today, Omega did what they had been hinting at for months: they launched eight new Speedmaster references across four models, all with the new Master Chronometer Calibre 3861. The four references include regular versions with Hesalite and Sapphire and precious metal versions in Omega’s proprietary Canopus gold and Sedna gold, all with options … ContinuedThe post VIDEO: One final loving glance at the now phased out (and much cheaper) Omega Speedmaster “Sapphire Sandwich”, which will only be in store while final stocks last appeared first on Time+Tide Watches.
SJX Watches
Singapore-based Cortina Holdings has just announced it is buying fellow retailer Sincere Watch for S$84.5 million in cash, confirming rumours that first surfaced in July. A retailer of both Patek Philippe and Rolex – the most important brands for any watch retailer of scale – Cortina is listed on the Singapore stock exchange and one of the largest players in the region, with stores in six countries, including Singapore, Malaysia, Thailand, and Taiwan. With the acquisition of privately-held Sincere, Cortina will double its retail network, while clinching Sincere’s crown jewel, the rights to distribute Franck Muller in 12 Asian countries, which accounts for over half of Sincere’s sales. Besides Franck Muller – whose Master Banker Asia Edition is pictured above – Sincere is also a retailer of high-end watchmakers like A. Lange & Söhne, Audemars Piguet, and Greubel Forsey, all of which Cortina does not have in its stable of brands. That said, it is not uncommon for watch brands to end distribution or retail agreements upon a change in ownership. The expansive Patek Philippe boutique operated by Cortina in Singapore’s ION Orchard mall The deal excludes Sincere’s Hong Kong arm, which will remain with its current owner, Hong Kong businesswoman Pollyanna Chu, whose fortune comes from financial services and gaming. It will be the fourth time Sincere has changed hands since 2007 when it was sold for a record S$530 million to Hong Kong-based Peace Mark. A conglom...
Fratello
As watch fans, we’re relatively accustomed to hearing about technical innovations. Normally, these result in benefits in timekeeping accuracy, power reserve, or shock resistance. However, many of these watches use traditional mechanical movements. Armin Strom’s claim to fame is its mastery of the Resonance movement. Today, we’ll provide an overview of the technology behind these […] Visit While My Watch Gently Resonates: How Armin Strom Perfected Resonance Technology to read the full article.
Video
Is the early 1980s two-tone Rolex GMT-Master the perfect vintage watch? From its gorgeous gilt nipple dial to the perfectly matching tritium hands, this classic proves that two-tone watches are incredible and making a...
Fratello
We’re back with another installment of Back to Basics, our series aimed at newcomers to our lovely shared hobby. This time, we explore the world of accuracy in luxury mechanical wristwatches. So, if you are considering buying your first “real” watch, this is all you need to know about precision timekeeping and certification. Of course, […] Visit Back To Basics: Accuracy And Certification In Watches to read the full article.
Worn & Wound
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.
Time+Tide
As a distillation of what a Japanese firm does best, the Grand Seiko SBGP005 offers a compelling line of thought – if you’re looking for a great watch on the more affordable side of things, do you pursue the usual mechanical suspects or high-end quartz? With a case based on the iconic 44GS design, an … ContinuedThe post VIDEO: The Grand Seiko SBGP005 offers classic looks and stone cold killer accuracy of +/- 10 seconds a year appeared first on Time+Tide Watches.
WristBuzz
A brand-new independent maison arrives with two escapements, one differential, and zero compromises
Two Broke Watch Snobs
Compare Seiko vs Orient dive watches through hands-on insights into case design, movements, lume, and ownership. Find the brand that truly fits your priorities.
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