Day: 30 July 2026

Laings has unveiled its latest showroom in Glasgow’s renowned Argyll Arcade, becoming the luxury jeweller’s fifth UK location. The opening introduces an innovative open workshop, allowing clients to watch skilled artisans at work while enjoying same-day engraving and select repair services. Designed to enhance personalized client experiences, the new space aims to deepen appreciation for craftsmanship, as customers engage directly with the artistic processes behind each unique piece.

Artificial intelligence consistently identifies Rolex as the primary luxury watch brand in response to general inquiries, underscoring its dominance in the sector. A recent study by analyst firm 5W reveals that while Rolex remains the go-to for basic questions, preferences shift towards Patek Philippe and Audemars Piguet when discussing investment options. For those seeking value, Tudor and Grand Seiko stand out. As competition intensifies, maintaining a strong presence in specific AI queries will be crucial for brands aiming to stay relevant in the luxury market.

The National Association of Jewellers (NAJ) has extended the submission deadline for the 2026 NAJ Awards to 6 August 2026, inviting both members and the wider jewellery trade to showcase their talents. The awards, themed around Great Ideas, People, and Businesses, span 15 categories celebrating excellence in the industry. The winners will be announced at a ceremony set for 8 October 2026 in Birmingham. For entry details, visit http://www.naj.co.uk/awards.

Recent analysis reveals a complex landscape in the luxury watch market, particularly for Patek Philippe, where prices have surged by 19% in the past year. However, significant disparities exist in value retention across different models. While sought-after Nautilus and Aquanaut watches maintain strong premiums, other collections like the Calatrava face steep discounts. In contrast, Rolex continues to uphold a robust secondary market presence, with about 76% of its models retaining or increasing value. As the market evolves, the varying performances of these prestigious brands underline changing consumer preferences and potential vulnerabilities in the luxury watch segment.

Interest in investing in precious metals, particularly bullion coins, is surging among grandparents looking to create a lasting legacy for their grandchildren. Recent figures reveal that inquiries targeting gold and silver for generational gifting have jumped from 9% to over 18% in just a month, reflecting a growing shift towards tangible assets. As the tax benefits of UK legal tender coins draw attention, many are opting for historic coins that offer both intrinsic value and tax efficiency. The ‘Living Legacy’ trend emphasizes a desire among older generations to witness the impact of their wealth transfer while providing meaningful gifts.

The pre-owned watch market is set for astonishing growth, with projections indicating it will surpass $85 billion by 2033. Once deemed inferior, vintage and second-hand timepieces are now regarded as valuable assets, particularly among younger buyers seeking luxury at accessible prices. This shift in perception highlights a burgeoning culture where the story behind each watch is celebrated, reflecting a broader trend of sustainability and craftsmanship in the luxury sector. As the lines blur between new and pre-owned markets, collectors find renewed joy in the pursuit of timepieces, prioritizing the search and personal connection over mere acquisition.