Time+Tide has officially launched three Discovery Studios in Melbourne, London, and New York, aiming to elevate the profile of independent watch brands in a competitive market. The New York studio, designed to engage younger watch enthusiasts, has already made waves with the debut of the much-anticipated Toledano & Chan B/1. With significant funding from private investors and strategic partnerships, Time+Tide is not only promoting niche brands but also creating dynamic spaces for collectors and enthusiasts alike. As these studios draw attention, the challenge remains to carve out a distinctive presence in the bustling watch retail landscape of New York.
Day: 17 March 2026
Luxury retailers urged to enhance client connections as market evolves
Luxury watch and jewellery retailers are being urged to deepen client relationships and foster collaboration as the sector undergoes significant change. At Houlden’s “Leaders in Luxury: Moments that Matter” summit, industry leaders highlighted the need for insight-driven strategies and strong partnerships to thrive in a competitive landscape. Newly appointed managing director Denise McLaughlin emphasized the role of storytelling and customer engagement in driving success. With a focus on adaptability and meaningful interactions, Houlden aims to equip its members with the tools needed to excel in the evolving luxury market. As the organization approaches its 50th anniversary, the future will hinge on differentiation and the ability to respond to changing consumer demands.
Berry’s Jewellers reports turnover rise amid challenging retail landscape
Berry’s Jewellers has reported an 8% increase in turnover to £83 million for the financial year ending June 30, 2025, although operating profit remained stagnant at £12.5 million amid a challenging retail landscape. The Leeds-based jeweller launched Patek Philippe’s first boutique outside London and reinstated its status as retailer for several luxury watch brands, reflecting a strategic response to market pressures. Despite economic challenges, the company expresses confidence bolstered by a loyal high net worth clientele, as it continues to adapt and innovate within a competitive marketplace.
Spike in luxury watch thefts raises alarm over retail crime
In a concerning trend for the luxury retail sector, thefts of watches and jewellery in the UK have soared to £2.2 million in just ten weeks of 2026, a stark increase from £516,000 throughout 2025. Armed robberies targeting watch boutiques have surged by 66%, prompting calls from experts like Andy Fairbanks for enhanced security measures. With organized crime increasingly eyeing high-value items due to their portability and lucrative resale potential, the need for a visible security presence has never been more critical to deter violent attacks and protect retailers.