Patek Philippe
The Luxury Watch Craze, By the Numbers
Pricey watches like Rolex, Patek Philippe and Audemars Piguet are flying off the shelves while customers leave their cheaper counterparts behind.
Kering’s Shopping List Should Include These Brands
To continue to create shareholder value, the French luxury group may need to make at least one major acquisition.
Can Baselworld Catch Up With the Times?
The watch industry's biggest trade fair is promising an overhaul as attendance plummets. But as brands rely more on direct sales, some question the need for an annual gathering at all.
Swiss Watchmakers Say Slowing Growth in China Won't Hurt Sales
Swiss watchmakers are confident they can grow sales this year even in the face of a cooling Chinese economy thanks to strengthening demand elsewhere, executives told Reuters at an industry fair on Thursday.
Patek Philippe Chairman Says Company Is Not for Sale
The Stern family, which has owned the Swiss Watchmaker for four generations, has no plans of changing ownership.
Patek Philippe Watchmaker May Come Up for Sale
The Swiss watchmaker could fetch as much as $10 billion, according to industry observers.
Patek Philippe Says Chinese Demand Still Rising
President Thierry Stern said the Chinese were likely buying more at home due to worries about issues such as stricter border controls.
The Vintage Watch Boom
After a series of record sales in 2015, expectations are high for this year’s vintage watch auctions.
A Pricing Conundrum
The Savigny Luxury Index (“SLI”) fell sharply this month, losing more than two percent, driven by disappointing first quarter results.
All Systems Go
The Savigny Luxury Index (“SLI”) continues its rise, progressing by two and half percent in March.