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A Week In Watches Ep. 51: TAG Heuer Opens Up The Monaco & US Made Watches From J.N. Shapiro Worn & Wound
Audemars Piguet who’ve announced May 28, 2023

A Week In Watches Ep. 51: TAG Heuer Opens Up The Monaco & US Made Watches From J.N. Shapiro

In episode 51 of A Week In Watches we take a look at a trio of new Monaco watches from TAG Heuer leading into the race weekend in, well, Monaco, as well as a watch that’s taken shape almost entirely in the US of A from the workshop of J.N. Shapiro. Those two watches might be on opposite ends of the spectrum, but there’s plenty more to discuss in the middle, from a new Mathey Tissot x Massena LAB, Breitling Classic AVI watches (including one sweet re-edition), and news from Audemars Piguet, who’ve announced a new CEO to take the helm of the brand beginning next year. Plus, one spicy comment from last week’s episode. Be sure to catch next week’s episode, which marks one full year of A Week In Watches in, naturally, episode 52. It’s a special episode with Zach, Zach, and Blake taking a seat to answer questions submitted through our Worn & Wound+ Slack channel, which you can join by signing up for our weekly newsletter right here. Be sure to head over to YouTube to leave a comment on this episode and the next for a chance to be featured in an upcoming episode, and let us know your thoughts on the stories featured this week. This week’s episode was brought to you by the Windup Watch Shop. For an excellent and ever-growing catalog of watches, straps, clocks, and more, head to windupwatchshop.com. The post A Week In Watches Ep. 51: TAG Heuer Opens Up The Monaco & US Made Watches From J.N. Shapiro appeared first on Worn & Wound.

Five great integrated-bracelet watches for under $10,000 Time+Tide
Vacheron Constantin released May 27, 2022

Five great integrated-bracelet watches for under $10,000

Watches with that integrated-bracelet appeal and 1970s aesthetic are all the rage right now. Recently Vacheron Constantin released its 222 to some acclaim, and Tissot’s smash hit, the PRX, both underlined what many had already noticed – people love the design and clear-cut lines of integrated bracelet watches.  Let’s face it: while most of would love … ContinuedThe post Five great integrated-bracelet watches for under $10,000 appeared first on Time+Tide Watches.

Business News: Swatch Group Posts Full-Year Loss SJX Watches
Longines Jan 28, 2021

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...

BUSINESS NEWS: Why the Swatch Group has millions of watches sitting in warehouses Time+Tide
Longines Jul 29, 2019

BUSINESS NEWS: Why the Swatch Group has millions of watches sitting in warehouses

The Swatch Group have published their 2019 Half-Year Report, revealing some interesting information. The group has reported an increase in their inventory levels, which include components, movements and watches, to a total of 7.1 billion Swiss francs (up 2.6 per cent from 2018). More broadly, the group, which owns brands such as Tissot, Longines and … ContinuedThe post BUSINESS NEWS: Why the Swatch Group has millions of watches sitting in warehouses appeared first on Time+Tide Watches.