Month: February 2026

TAG Heuer has launched its Connected Calibre E5 Formula 1 edition, combining luxury timekeeping with high-speed racing excitement. This new model features the innovative “Race Track” watch face, which adapts for each Grand Prix, while the official Formula 1 app provides live updates, results, and standings. Crafted from Grade 2 titanium and designed with racing-inspired details, the watch captures the essence of the sport and enhances the experience for fans and enthusiasts alike.

Jean-Frédéric Dufour, celebrating his 12th anniversary as CEO of Rolex, has reflected on the brand’s journey at Dubai Watch Week, emphasizing the importance of collaboration and education in the watch industry. He argues that nurturing young talent is vital for the future, while mechanical watches continue to captivate a younger audience amid the rise of smartwatches. Dufour also announced Rolex’s new Certified Pre-Owned initiative to enhance customer trust, highlighting the brand’s commitment to innovation and long-term relationships in a rapidly evolving marketplace.

The National Association of Jewellers (NAJ) and the UK’s four Assay Offices have welcomed the Department for Business and Trade’s recognition of hallmarking as vital to consumer protection and industry competition. Minister Kate Dearden highlighted the need for reforming the 1973 Hallmarking Act, proposing evidence-based changes that address online sales and marketplace liabilities. NAJ CEO Ben Massey underscored the importance of evolving regulations to adapt to a changing marketplace while maintaining consumer confidence in the authenticity of precious metals.

Rocky Mountain Watches has officially partnered with the Natural Selection Tour as its Official Timekeeper, marking a significant collaboration in the world of extreme sports. This partnership will not only provide precise athlete timing but will also enhance storytelling and create exclusive, co-designed watches for the tour. The branding will be visible across events and media, underscoring a commitment to outdoor durability and authenticity. With plans for special edition timepieces set for the 2026 tour, this alliance reflects a shared passion for adventure and craftsmanship in the outdoor community.

Rolex marks its 50th anniversary of the prestigious awards programme by unveiling five outstanding Laureates for 2026, each championing vital environmental and social initiatives. Representing diverse backgrounds from Indonesia, Nigeria, Peru, China, and the United States, these leaders are tackling pressing issues ranging from wildlife conservation to health diagnostics. As part of its ongoing commitment to global impact, Rolex will showcase the transformative projects of these Laureates, driven by innovation and community engagement.

Concerns surrounding rising labour costs have led to heightened anxiety among retail CFOs, with a recent survey revealing that 69% now hold a pessimistic outlook for the future. In light of increasing employment expenses, projected to rise by £5 billion in 2025, over half of CFOs are considering job cuts. Additionally, 74% believe that upcoming budget constraints will stifle investment opportunities, as the industry grapples with declining consumer demand and escalating operational costs. The fragile economic landscape poses serious challenges for the retail sector, prompting a shift in workforce strategies towards efficiency and automation.

At the Inhorgenta Award 2026 gala in Bavaria Filmstudios, hosted by Nazan Eckes, industry leaders gathered to celebrate innovation in the jewellery and watch sectors. The event featured a captivating performance by singer LOI and recognized excellence across ten categories, with a record 148 submissions from 19 countries. Esteemed brands like Arnoldi International and Capolavoro secured top honours, showcasing the craftsmanship at the heart of this vibrant industry.

Anglo American has marked a dramatic decline in the valuation of its diamond subsidiary, De Beers, which now stands at $2.3 billion, down from $4.1 billion last year. The mining giant attributed this $1.8 billion hit to diminished diamond price forecasts amid shifting market conditions. As it navigates the sale of its Steelmaking Coal business and advances its nickel operations through regulatory channels, Anglo American remains committed to reassessing its stake in the diamond sector.

Pandora has appointed David Boynton as Managing Director for Northern Europe, marking his return to a leadership role after his tenure as CEO of The Body Shop. Boynton, who previously served as interim General Manager for Pandora’s Eastern Europe cluster, brings a wealth of experience from senior positions at notable brands. He aims to guide Pandora through its strategic transition into a comprehensive jewellery brand, emphasizing the company’s commitment to sustainability. In a statement, Boynton expressed his enthusiasm for this new chapter, highlighting the strong foundations and exciting opportunities ahead for the company.

eBay will sponsor the inaugural Women in Watches event on March 2 at London’s art’otel Battersea, aiming to empower and celebrate women in the watch industry. The event includes networking opportunities and panel discussions, fostering inclusivity by welcoming male attendees as well. With the backdrop of International Women’s Day, this gathering highlights the significant contributions of women and features the unveiling of WatchPro’s annual ‘Women in Watches’ list.