https://professionalwatches.com/business-news/ Tue, 01 Aug 2023 01:32:11 +0000 en-US hourly 1 https://i0.wp.com/professionalwatches.com/wp-content/uploads/2019/09/cropped-PW-Site-icon-2.png?fit=32%2C32&ssl=1 https://professionalwatches.com/business-news/ 32 32 144002254 https://professionalwatches.com/watch-value-retention-july-2023/ Mon, 31 Jul 2023 16:30:14 +0000 https://professionalwatches.com/?p=76870 The secondary timepiece resale market has dropped, though it should come as no surprise that the best “total” value retention still comes from one brand. Rolex is still the king of timepiece resale when you consider the volume and total value across all models. Not to mention the ease of resale. Yes, Patek Philippe is…]]> 76870 https://professionalwatches.com/greubel-forsey-to-expand-la-chaux-de-fonds-manufacture/ Tue, 27 Jun 2023 17:30:02 +0000 https://professionalwatches.com/?p=73757 Greubel Forsey is currently undergoing a major expansion of its La Chaux-de-Fonds manufacture — to increase its watchmaking capacity. In 2022, the company, which sells top-of-the-line six and seven-figure wristwatches, finished to the most exacting standards in the industry, created and delivered 181 timepieces. The expansion, which is expected to cost $20 million and be…]]> 73757 https://professionalwatches.com/ilaria-resta-replaces-francois-henry-bennahmias-as-audemars-piguet-ceo/ Mon, 22 May 2023 14:55:22 +0000 https://professionalwatches.com/?p=73183 After what Audemars Piguet says was an “extensive global search,” the Le Brassus-based company has found a replacement for longtime CEO François-Henry Bennahmias. In just the past few years, coveted high-end Swiss watchmaker Audemars Piguet finally earned a place in the billion-dollar revenue club — a feat very few Swiss watch brands have achieved. According…]]> 73183 https://professionalwatches.com/watchfinder-opens-in-hamad-international-airport/ Sat, 13 May 2023 18:53:57 +0000 https://professionalwatches.com/?p=73033 Watchfinder, a UK-based online retailer of second-hand watches, has opened what is thought to be the world’s first luxury pre-owned watch point of sale in an airport’s airside duty-free area. The store is within TimeVallée in Qatar’s Hamad International Airport in Doha, which was unveiled in January this year. TimeVallée is a multi-brand luxury watch…]]> 73033 https://professionalwatches.com/mission-to-moonshine-gold-pink/ Sat, 06 May 2023 17:23:25 +0000 https://professionalwatches.com/?p=72943 Swatch and Omega have released a second Moonshine Gold edition of their Bioceramic MoonSwatch. Like the original Moonshine Gold MoonSwatch, this watch is based on the Mission to the Moon model and features a gold-plated second hand, but now with a pink luminous filled arrow-tipped center seconds hand. The pink tip references the pink full…]]> 72943 https://professionalwatches.com/rolex-certified-pre-owned-program-arrives-in-the-us/ Sat, 06 May 2023 16:44:10 +0000 https://professionalwatches.com/?p=72934 Rolex’s Certified Pre-Owned Program is now available in the United States, making it easier than ever for customers to purchase a pre-owned Rolex watch with the assurance of authenticity and quality. The program was originally announced in December 2022, and started with an initial rollout in six countries (Switzerland, Austria, Germany, France, Denmark, and the…]]> 72934 https://professionalwatches.com/f-p-journe-relocates-to-soho/ Tue, 02 May 2023 20:15:05 +0000 https://professionalwatches.com/?p=72889 F.P. Journe has had a storefront on Madison Avenue, in Manhattan’s Upper East Side, for well over a decade. As of today, F.P. Jorne has officially moved to a new location on Mercer Street, in the famous SoHo shopping district. The Madison Avenue boutique (parallel to Fifth Avenue), shared a street with many high-end brand…]]> 72889 https://professionalwatches.com/daniel-reintjes-hands-over-the-ceo-position-of-christiaan-van-der-klaauw-to-pim-koeslag/ Tue, 02 May 2023 13:17:08 +0000 https://professionalwatches.com/?p=72877 Christiaan van der Klaauw Astronomical Watches has announced that after 14 years as CEO, Daniël Reintjes has transferred the position to Pim Koeslag. The company specializes entirely in the design and production of exclusive, handmade astronomical watches. Notably, Christiaan van der Klaauw has entered into a partnership with jewelry maker Van Cleef & Arpels. Daniël…]]> 72877 https://professionalwatches.com/morgan-stanleys-top-20-swiss-watch-company-ranking-for-2023/ Tue, 28 Mar 2023 15:47:11 +0000 https://professionalwatches.com/?p=72054 Morgan Stanley’s Top 20 Swiss Watch Company Ranking for 2023 has just been released. The secrecy of the Swiss watch industry is something that will probably never change, and because of it companies like Morgan Stanley will provide their mathematical estimates that give everyone an idea of market share, unit sales, sales revenue, and so…]]> 72054 https://professionalwatches.com/first-image-of-the-moonswatch-mission-to-moonshine-gold/ Mon, 06 Mar 2023 15:05:46 +0000 https://professionalwatches.com/?p=71585 The forthcoming Omega x Swatch collaboration that’s set to be officially announced at 1 pm EST on March 7th, 2023 has been leaked. Blick magazine (The Swiss News Portal) appears to have been given early access to the MoonSwatch Mission to Moonshine Gold, presumably so their print publication can print the magazine in a somewhat…]]> 71585