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Retail Asia26/02/2019

Three days of action brought with them a life’s worth of memories as the curtain came down on the Asian stage of the Longines Masters Paris – Hong Kong – New York intercontinental series. More than 35,000 people gathered across the three days of this year’s Longines Masters of Hong Kong. Fittingly, the final day […]

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Retail Asia15/02/2019

Swiss watch brand Tissot has opened a sports-themed store in New York City. The Tissot basketball concept store is the brand’s fourth boutique in the city, located at 112 W. 34th Street, a prime location in the Midtown neighbourhood. With a 2800sqft area, the boutique has a wall of multi-coloured basketballs, along with action-styled mannequins […]

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Retail Asia13/02/2019

Officine Panerai Malaysia has opened its first store. The Italian luxury watchmaker’s new boutique is the brand’s 81st worldwide and fourth location in Southeast Asia, forming part of Panerai’s strategy to boost its market in the region. It was designed by Spanish architect Patricia Urquiola to depict Panerai’s naval and wartime heritage. “Together with partner […]

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Retail Asia01/02/2019

The Mills officially opened at the end of 2018, becoming a new landmark that combines historical and cultural retailing, attracting a number of local brands in Hong Kong. The Mills is a revitalization project from Nan Fung Group scheduled for completion and actually completed in 2018. A destination consisting of a business incubator, experiential retail, […]

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Retail Asia31/01/2019

Patek Philippe, the closely held maker of $10,000-plus Calatrava watches, may be coming up for sale, according to analysts at Berenberg who cited industry talk. The 180-year-old Swiss watchmaker could fetch 7 billion to 9 billion euros ($8 billion to $10 billion), analysts led by Zuzanna Pusz wrote in a note. Patek Philippe has been […]

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Retail Asia31/01/2019

Dr Bernard Cheong has what he calls a “migration box” – a travel case that holds up to eight timepieces. “I like to say that these are the watches I will take with me if I have to relocate,” says the jovial 61-year-old, one of the world’s most prolific watch collectors. One of his most […]

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Retail Asia28/11/2018

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Effective December 1, Nicola Andreatta will be the new Chief Executive Officer of Manufacture Roger Dubuis. Nicola comes with 20 years of experience in the management of luxury and watch industries. In 2013, Nicola was appointed Vice President and General Manager of the Swiss entities of Tiffany & Co. Prior to that, Nicola founded N.O.A. Watch […]

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Retail Asia23/11/2018

Oriental Watch Holdings sold fewer watches in the six months to September, but at a higher margin, boosting profit by 39 per cent. Group turnover decreased by 21.7 per cent to HK$1.181 billion compared with $1.508 billion during the same period last year. Gross profit increased by 13.4 per cent to $288 million while gross […]

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Retail Asia02/11/2018

Swiss watchmaker Tudor Watch has launched in Japan with a mix of permanent outlets and pop-up stores. The brand started trading on Wednesday in Tokyo and Osaka, and is poised to set up distribution in Nagoya and Sapporo via big-name local retail partners. It is currently riding a wave of popularity in the US and […]

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Retail Asia31/10/2018

WatchTime New York, America’s largest public watch event dedicated solely to collectors and enthusiasts, wrapped up its fourth year in Manhattan at Gotham Hall today. The two-day event began with a sold-out VIP cocktail party on Friday, October 26, followed by a full day of exciting panels, seminars, tours, and events on Saturday, October 27. […]

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Retail Asia24/10/2018

Malmaison boutique by The Hour Glass in the heart of Orchard Road hosts the exceptional exhibition featuring the 72 pre-selected watches. After Venice and Hong Kong, the 72 watches pre-selected by the jury of the 18th Grand Prix d’Horlogerie de Genève (GPHG) are being exhibited from October 17th to 21st in Singapore by renowned retailer The […]

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Retail Asia24/10/2018

DFS Group (DFS), the world’s leading luxury travel retailer, is launching the tenth edition of its world-leading Masters of Time exhibition this December, with a special anniversary collection that highlights craftsmanship, design and innovation. This year’s exhibition, titled “Masters of Time X”, will be unveiled during a two-day gala weekend at T Galleria by DFS, […]

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Retail Asia26/02/2018

Hong Kong luxury watch imports posted their highest monthly increase for more than five years in January. According to the Federation of the Swiss Watch Industry, exports to Hong Kong rose by 21.3 per cent in January, leading a broader Asian rebound which saw China overtake Japan into second place as a destination with 44.3 […]

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Retail Asia02/09/2016

Ever since the Chinese government cracked down on “gift giving” as part of its anti-corruption campaign, Swiss watch exports have taking a beating. Here’s the trend, courtesy of a UBS European luxury note out Wednesday: As the analysts note, that slump follows a more than 100 per cent rise in the value of Swiss watch […]

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Retail Asia15/08/2016

The Hour Glass’ first-quarter net profit tumbled 22 per cent year on year to S$8.19 million. For the three months ended June 30, total revenue and other income fell 7 per cent to S$149.43 million from the previous year. The decline in revenue reflected the economic slowdown and tougher regional competition, it said. Q1 earnings per […]

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Retail Asia03/06/2015

Singapore listed watch retailer The Hour Glass Restricted has defied the regional downturn in luxurious watch gross sales. The corporate has reported a six per cent improve in after-tax revenue on gross sales up eight per cent within the yr to March 31. Complete gross sales have been S$734.9 million, with revenue S$59.7 million. The […]

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Retail Asia19/05/2015

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Korea’s Hyundai Division Retailer will reveal a 490 million gained (US$453,500) Swiss luxurious watch this month. The shop is holding a luxurious watch exhibition at its Commerce Middle till Might 18 and at Apgujeong department till Might 18. The entire worth of the watches is round 50 billion gained, or US$46.three million. Luxurious watch manufacturers […]

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