Month: July 2026

Jean-Christophe Babin, president of Geneva Watch Days, has underscored the vital role of emerging watch brands in shaping the future of the luxury watch industry. As established firms stick to their traditional legacies, recent data reveals that over 35% of the Grand Prix d’Horlogerie de Genève awards have gone to newer participants in the event. Babin advocates for the innovative spirit of these newcomers, who are poised to challenge the dominance of long-standing brands. With industry leaders acknowledging the necessity of fresh ideas, Babin envisions a gradual evolution where today’s emerging brands could rise to prominence, driving the sector forward and preventing stagnation.

Geneva Watch Days is rapidly establishing itself as a key event in the Swiss watch industry, showcasing nearly 70 brands, many of which are emerging and independent watchmakers. This annual gathering, held in the picturesque lakeside city of Geneva, complements the more traditional Watches & Wonders, focusing on fostering engagement with a broader audience. With over a third of its exhibitors recently honored at the Grand Prix d’Horlogerie de Genève, the event has become a vital platform for innovation and creativity in watchmaking. Free public access enhances community ties, making it a unique and inclusive celebration of horological craftsmanship.

The luxury watch industry finds itself at a crossroads as younger consumers increasingly prioritize sustainability in their purchasing decisions. According to the Deloitte Swiss Watch Industry Study 2025, 40% of Gen Z and Millennial buyers are looking to the pre-owned market, which is viewed as more sustainable than buying new. While the allure of rarity and financial value continues to captivate collectors, the durability of these timepieces encourages a culture of longevity. Brands are responding by exploring eco-friendly materials and circular practices, but many still see sustainability as secondary to status. As the market adapts, it’s clear that the future of luxury watches may hinge on harmonizing tradition with ecological responsibility.

The 45th Hong Kong Watch & Clock Fair opens its doors from 1-5 September at the HKCEC, showcasing a blend of international luxury brands and independent makers. This year’s hybrid format offers both in-person and online experiences, featuring watch parades, forums, and groundbreaking technology, including a smartwatch with continuous glucose monitoring. With a focus on innovation and craftsmanship, industry leaders will gather to discuss market trends and the future of watchmaking.

UK Protection Ltd has launched a new premium armoured transport service aimed at addressing the jewellery sector’s significant underinsurance issue. This innovative service, backed by TH March, features a fleet of unmarked, B4-rated armoured vans designed to secure high-value consignments as the UK jewellery market is poised for substantial growth. Enhanced training and state-of-the-art technology promise to provide the utmost protection for clients, reflecting a growing recognition of the escalating risks in high-value asset transport. As the sector evolves, this service represents a vital partnership in safeguarding jewels and precious items against emerging threats.

Independent watch and jewellery retailer Watcho has expanded its UK footprint with the acquisition of Peter Jackson the Jeweller’s stores in Blackburn and Preston. This move, announced following the retirement of founder Peter Jackson, increases Watcho’s locations from two to four, marking its first entry into the North West market. Existing staff will remain on board, and all current brand partnerships will continue, ensuring a seamless transition for customers. Watcho plans to enhance the shopping experience with its new Watch Heritage Events programme, promising exciting developments for the long-established stores.

F.Hinds has raised over £15,000 for Dementia UK during a two-month fundraising campaign, highlighted by the successful National Ear Piercing Day event. Running until September 30, 2026, donations will continue to be accepted in-store, allowing customers to contribute further to the charity’s vital work. Chairman Andrew Hinds praised the community’s support, while Dementia UK acknowledged the partnership’s impact on families affected by dementia. Looking ahead, F.Hinds plans to launch its annual campaign for BBC Children in Need this October.

Swatch Group has reported a solid 8.5% increase in sales at constant exchange rates for the first half of 2026, driven by robust demand across its brand portfolio. However, when accounting for adverse currency movements, reported sales rose only 2%. Though operating margins improved to 8.6% in May and June, net income fell slightly to CHF 16 million. The company remains under pressure to translate strong sales growth into significant profitability, while cash flow has shown notable improvement. Looking forward, management expresses optimism that current positive trading conditions will bolster earnings in the latter half of the year.

François-Henri Bennahmias, previously at the helm of Audemars Piguet, has revealed his attempt to acquire luxury watch brand De Bethune was unsuccessful, citing time lost in negotiations. Since its acquisition by WatchBox in 2021, De Bethune, known for its exquisite craftsmanship, is striving to enhance brand awareness amid a cooling independent watch market. With recent auction results showing a steady yet modest performance, experts suggest that strategic marketing and a focus on heritage could elevate De Bethune’s status within the competitive luxury sector, potentially mirroring the success of its peers.

The collectible watch auction market is undergoing a significant transformation, appealing to a younger and more diverse audience than ever before. As traditional luxury brands face growing competition from names like Cartier and Piaget, new collectors are prioritizing originality over established reputations. The rise of online bidding has expanded the reach of auction houses, engaging first-time bidders and enhancing participation globally. Experts predict that neo-vintage timepieces will thrive in this evolving landscape, indicating a promising future for this dynamic market.