Sotheby’s is launching an online luxury auction in Abu Dhabi, running from June 23 to July 10, 2023, with an estimated total value of $6.6 million to $9.7 million. The auction, featuring over 30 high-end collectibles including 13 distinguished timepieces and luxury handbags, reflects Sotheby’s commitment to expanding in the Middle East. Notable highlights include the Richard Mille RM35-03 Rafael Nadal wristwatch and extraordinary jewellery pieces from Hemmerle and Bulgari. This initiative follows the success of Abu Dhabi Collectors’ Week, aiming to engage the growing community of luxury collectors in the region.
Day: 2 July 2026
Watches rethink sustainability amid evolving consumer demands
As consumer demand for transparency grows, the watch industry stands out by championing sustainability and longevity. Mechanical watches are crafted for durability, supporting a circular economy through repair and a thriving pre-owned market. Leading brands like Detrash and ID Genève are harnessing innovative, recycled materials, while seasoned names like Panerai and Oris are adapting to eco-conscious practices. This shift reflects a broader expectation among luxury consumers, who now prioritize sustainability alongside timeless craftsmanship. The full feature delves deeper into these trends, exploring whether the industry has long embraced sustainable values or if a new paradigm is on the horizon.