WOLF has appointed Adam Fried as its new global director of client development, aiming to enhance consumer education and bolster international growth. With a robust background in the jewellery industry, Fried previously trained teams at Hearts On Fire, equipping them with essential diamond knowledge and sales techniques. His expertise is expected to strengthen WOLF’s global retail partnerships and improve client engagement, as CEO Simon Wolf highlights the significance of Fried’s role in sharing the brand’s 190-year heritage with watch and jewellery enthusiasts worldwide.
Author: chrisstoner040575
Chrono24 launches initiative to support independent watchmakers
Chrono24 has initiated its Indie Brands Initiative, a pivotal move aimed at empowering independent watchmakers by providing them with dedicated storefronts for direct consumer access. Positioned to enhance growth and visibility, this platform allows these brands to showcase their collections while bypassing traditional retail hurdles. With a user base of 9 million monthly, Chrono24’s initiative not only improves margins for independent watchmakers but also solidifies the platform’s status as a crucial retail channel during a time when consumer demand for unique, artisan craftsmanship continues to rise. As emerging brands prepare to present their offerings at the upcoming Chronopolis fair in Geneva, the initiative appears set to reshape the landscape of luxury watch retail.
Harrods predicts future trends in fine watchmaking for 2026
Harrods has launched its first ‘Horological Outlook 2026’ report, revealing transformative trends shaping the future of fine watchmaking. Key insights include an increased use of advanced materials in watch cases as a response to rising gold prices, with brands like Audemars Piguet and IWC Schaffhausen leading the charge towards lightweight composites. The report also highlights a resurgence in artistic dial designs, with vibrant colors and textures gaining popularity. Additionally, the industry is shifting towards smaller, refined case sizes catering to a growing demographic of female collectors, emphasizing a blend of craftsmanship and emotional storytelling in luxury timepieces.
F.P. Journe prepares to mark 70 years with new legacy timepiece
François-Paul Journe, the celebrated watchmaker, is set to unveil a significant legacy timepiece to mark his 70th birthday in March 2024, underscoring his enduring impact on the horology world. With rising demand and the scarcity of his creations propelling prices to new heights, Journe’s influence appears set to transition to the next generation, with Denis Flageollet of De Bethune emerging as a notable successor. As independent watchmakers gain traction in the luxury market, both Journe and Flageollet’s unique designs highlight a thriving community that values craftsmanship and innovation.
Fraser Hart faces challenging times with 60% revenue drop and ongoing losses
Fraser Hart’s turnover has plummeted by 60% since 2019, with the jeweller reporting an operating loss of £2.6 million for the fiscal year ending June 2025. Despite stagnant sales of £34.9 million year-on-year, the company noted improvements amidst challenging high street conditions. With net assets standing at £32.3 million, Fraser Hart is committed to expanding its online and physical presence across the UK and Ireland, aiming to revitalise its operations following significant setbacks in previous years.
Watches and Wonders reshapes pre-owned market dynamics
Watches and Wonders continues to shape the landscape of the watch industry, exerting a profound influence on both retail and pre-owned markets. The event not only introduces exciting new models but also generates substantial speculation, particularly surrounding discontinued references. The retirement of models such as the Milgauss has intensified collector demand, while shifts in interest towards iconic pieces like the Rolex GMT-Master II “Pepsi” provide insights into market dynamics. As the event concludes, the true pulse of collector sentiment is revealed, highlighting the critical interplay between immediate retail launches and the long-term influence on the secondary market.
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.
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.
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.