Universal Genève faces backlash over high prices for iconic reissue

Universal Genève’s recent reissue of classic models, including the iconic Polerouter, has ignited a fierce debate among enthusiasts. With prices starting above $12,000 and reaching nearly $18,000 for certain models, many vintage fans lament the brand’s shift towards luxury positioning, contrasting sharply with mid-20th century pricing that once made these timepieces accessible. Critics argue that the strategic move from Universal’s leadership threatens to alienate long-time collectors, as the brand seeks to carve out a “middle luxury” niche amidst rising market prices. Despite the backlash, some industry voices express optimism for this revival, spotlighting a blend of heritage and modern innovation.

New showroom in Manhattan Beach debuts innovative Collector’s Lounge concept

The 1916 Company has officially opened its doors in Manhattan Beach, unveiling a groundbreaking Collector’s Lounge that seamlessly integrates luxury retail with a community-focused atmosphere. This innovative showroom, the first of its kind, features dedicated areas for prestigious watch brands, including a substantial Rolex shop-in-shop, while promoting both new and pre-owned collections. CEO John Shmerler expressed excitement over fulfilling a two-year vision, emphasizing the commitment to personalized client experiences in a welcoming environment. The space also honors independent watchmakers, showcasing notable brands within a curated High Horology section, marking a new era in luxury watch retail.

Small business confidence shows signs of recovery but faces cost challenges

Small business confidence in the UK has shown a slight recovery, yet remains deeply negative, as illustrated by the Federation of Small Businesses (FSB) reporting an index score of -53 for the first quarter of 2026. Despite an 18-point rise from previous lows, a staggering 87% of small firms report escalating costs, with more than a quarter facing double-digit increases. Concurrently, over half are experiencing revenue losses, and hiring plans are bleak as more businesses opt for staff cuts. The FSB has called on the government for urgent reforms to address these pressing challenges, particularly surrounding late payments and rising operational costs, warning that without intervention, current signs of recovery may be short-lived.

Sotheby’s to auction historic Cartier watch collection valued at over $15 million

Sotheby’s has unveiled an extraordinary collection that is set to redefine the world of vintage horology: “The Shapes of Cartier: The Finest Vintage Grouping Ever Assembled.” Featuring over 300 pieces that encapsulate a century of iconic design, this collection is estimated to surpass $15 million at auction, commencing on April 24 in Hong Kong. Highlights include celebrated models such as the Crash, Santos, and Tank, each reflecting Cartier’s rich legacy of innovation. This meticulously curated trove promises to attract enthusiasts and collectors alike as it tours key cities throughout 2026.

Jewellery retailers prepare for growth at 2026 Retail Congress

The National Association of Jewellers (NAJ) is set to host its Retail Congress 2026 on June 2 at Drayton Manor, aimed at supporting jewellery retailers grappling with diminished consumer spending. The event will feature a host of expert speakers, including Bank of England representative Glynn Jones and former UK Small Business Commissioner Liz Barclay, who will share crucial insights to help businesses thrive. Additionally, attendees can look forward to a networking dinner the night before, fostering collaboration and community within the industry. With a focus on actionable strategies, the congress promises to equip retailers with the tools needed to navigate today’s challenging retail landscape.

Casio elevates fitness tracking with luxury GMH5600 Move editions

Casio has introduced luxurious gold and silver editions of its GMH5600 Move smartwatch series, blending opulence with advanced fitness tracking technology. Retaining the iconic octagonal design, the new models boast stainless steel bezels and feature capabilities such as heart rate, GPS, and blood oxygen monitoring, all powered by environmentally friendly materials. Priced at $385, these watches not only offer style but also a range of outdoor functionalities, appealing to both fashion enthusiasts and fitness aficionados alike.

Rolex sets the stage for significant reveals at Watches and Wonders 2026

As the Watches and Wonders exhibition approaches, Rolex enthusiasts are buzzing with speculation about potential new releases. Noteworthy forecasts include the introduction of vibrant new colors for the Land-Dweller and the possible discontinuation of the GMT-Master II “Pepsi,” paving the way for a nostalgic return of the “Coke” variant. Additionally, the 70th Anniversary of the iconic Day-Date is expected to be celebrated with exquisite jade or malachite dials, while the return of the Milgauss may feature cutting-edge technology enhancements. With whispers of interchangeable bracelets for Daytona models and the anticipated launch of titanium versions, collectors are eager to see how Rolex will shape its future offerings.

Egerio unveils deep brown dial for innovative La Fervent watch

Egerio has revealed a stunning new iteration of its La Fervent Magic Hour Tourbillon, set to debut in 2026, featuring a deep brown dial that adds sophistication to its bold asymmetric titanium case. This timepiece, measuring 53.3mm tall, showcases a unique two-digit display system and a linear scale for minutes, all powered by an innovative automatic movement with a 60-hour power reserve. Founder Michaël Merle, known for his poetic approach to design, articulates the essence of time with the watch’s intricate mechanisms and artistic flair. The transformation reflects Merle’s commitment to blending creativity and horology in a market eager for distinction.

Peter Jackson retires after 44 years in jewellery and watch business

Peter Jackson, a stalwart of the jewellery and watch industry, has announced his retirement after an impressive 44-year career. Since opening his first store in 1982 in Preston, Jackson expanded his brand significantly, incorporating watches into his offerings in 1991 and receiving an MBE for his contributions in 2012. To celebrate his legacy, a Grand Retirement Sale is set to take place, allowing him to give back to the community that has supported him throughout the years. Jackson’s business will continue with the Preston and Blackburn stores remaining operational, ensuring continuity for loyal customers.

Vacheron Constantin unveils its largest boutique in the Miami Design District

Vacheron Constantin has unveiled its largest global boutique in Miami’s Design District, encompassing 5,000 square feet across two floors. The flagship store, designed posthumously by architect Matthieu Rey-Grange, showcases a blend of luxury and innovation in a vibrant retail environment. Features include a workshop for watchmakers, private consultation areas, and a gallery for exhibitions that celebrate the brand’s heritage. President Alexander Schmiedt emphasized the boutique’s role in providing unforgettable experiences, encapsulating the artistic spirit of Miami while reaffirming the brand’s commitment to bespoke luxury.