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Tag: watches

Retail Asia24/06/2022
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Fashion

Oriental Watch bullish as sales

4min0
Oriental Watch (398 HK)announced it is proposing to buy back a maximum of 83 million shares at 3 HKD (249M HKD). This represents a premium over 57% vs the average 30-day closing price on HKex. Once the shares are bought back they will be canceled which will reduce total shares outstanding from 570 million to 478 […]
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Retail Asia25/11/2021
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Fashion

WatchBox secures $165 million to fund expansion

2min0
Luxury watches online platform, WatchBox, has raised US$165 million of equity capital led by The Radcliff Companies and The Spruce House Partnership. The lead investors were also joined by CMIA Capital Partners together with other existing investors. The funds raised will be invested in scaling its digital platform and expanding into new markets, according to […]
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Retail Asia08/10/2021
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Fashion

WatchBox opens in eight new cities

1min0
Luxury watch retailer, WatchBox, is accelerating its expansion plan with eight new locations, including its debut in Tokyo. The brand said it will open five stores during the next six months. The eight new locations will be rolled out by the end of next year with five in the US and three international locations – […]
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Retail Asia14/07/2021
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Fashion

Malaysia’s Industronics to launch online pre-owned watch platform

5min0
Industronics Bhd is tapping on the US$17 billion pre-owned luxury watch market through Ecgo International Ltd, its wholly-owned subsidiary in Hong Kong. This follows the launch of Industronics’ luxury watch e-commerce platform, watch-exchanges.com. Executive director Datuk Chu Boon Tiong said based on data and overall market performance, the pre-owned luxury watch market showed promising growth […]
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Retail Asia27/10/2020
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Fashion

Swiss Watchmakers Believe In-Store Shopping Will Prevail

5min0
Despite the pandemic, Swiss watchmakers believe in-store shopping will prevail over digital platforms. The majority of Swiss watchmakers believe that bricks and mortar stores will remain the preferred sales channels for their products and will prevail over online in the coming years. This, despite the recent impact of the pandemic and accelerated digitalization. In-store experiences […]
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Retail Asia29/05/2020
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Fashion

Hublot opens its largest flagship in Tokyo

2min0
LVMH-owned watchmaker Hublot has opened its largest flagship store yet in Tokyo’s Ginza shopping district in Japan. Called “Hublot Tower”, the new flagship features a 56-meter-high artistic facade with glass panels scattered with mirrored tiles. Located on Chuo-dori Street, Hublot’s Ginza store occupies a 300sqm space, spanning three floors. The store’s design was inspired by […]
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Retail Asia24/04/2020
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Fashion

Chinese Prestige Time Experience store opens in Hong Kong

1min0
Hong Kong’s first Chinese Prestige Time Experience store has launched in Yue Hwa. Opened by Sun International Concepts, the outlet serves as a platform to showcase multiple Chinese watch brands, aiming to promote Chinese watch culture against the backdrop of the coronavirus outbreak. As the first platform for Chinese watch brands in the territory, consumers […]
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Retail Asia03/02/2020
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Fashion

Tommy Hilfiger watch store opens in Manila

1min0
The Philippines’ official Tommy Hilfiger distributor Take Wizer Industries has launched the world’s first Tommy Hilfiger watch store in Quezon City. The store opened on January 23 at the Upper Ground Floor (UGF), City Center, SM North Edsa, featuring an interactive photo booth for customers to try on the watches for sharing on social media. […]
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Retail Asia11/12/2019
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Fashion

Breitling opens new concept store at Hong Kong airport

2min0
Swiss luxury watchmaker Breitling has opened a new boutique at Hong Kong International Airport. The new outlet features the brand’s industrial loft concept, inspired by mid-20th-Century interior design. The boutique is located at the departure level of Terminal 1 East Hall at HKIA. “We especially opened our new boutique at the HKIA as it not […]
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Retail Asia11/10/2019
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General

DFS Group launches ‘World of Watches and Jewelry’ event

2min0
Travel retailer DFS Group is launching its first ‘World of Watches and Jewelry’ event through October, targeting millennial, fashion-minded clientele and first-time watch buyers. The event is described as “a celebration of watches and jewelry” and will be held in five T Galleria by DFS stores globally: Macau, Hawaii, Okinawa, Guam and Saipan. The stores […]
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Retail Asia07/10/2019
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Fashion

Breitling unveils new shop at K11 Musea in Hong Kong

1min0
Swiss luxury watchmaker Breitling has unveiled a new concept boutique at K11 Musea, featuring a “modern retro loft style”. Occupying a 620sqft space in the new shopping centre, the Breitling boutique features an industrial loft-style concept which the brand says is inspired by a mid-20th-century heritage building and adding modern-retro elements, including Breitling’s neon logo […]
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Retail Asia13/06/2019
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Fashion

Richemont watch Sales Drops

2min0
Richemont has brushed aside the gloom and doom of the global watch market, reporting sales of its watches and jewelry grew by 10 percent in the year to March. While figures for Swiss watch exports show sluggish sales to Hong Kong and the US this year, Richemont’s brands, which include Baume & Mercier, IWC Schaffhausen, […]
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Retail Asia30/05/2019
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Fashion

Sincere Fine Watches opening in Changi

1min0
Sincere Fine Watches has opened a multi-brand boutique at Jewel Changi Airport. The only luxury multi-brand watch store at the newly opened airport shopping center spans 183sqm and was inspired by Jewel’s dome-shaped facade and modern architecture. Glass and rose-gold elements are used throughout the boutique, combined with warm-brown hues on the wooden panels and […]
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Retail Asia29/05/2019
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Fashion

Panerai Opens Tsim Sha Tsui Centre Boutique

1min0
Florentine high-end luxury watchmaker Panerai has opened a boutique in Kowloon. The 60sqm Panerai Tsim Sha Tsui Centre store is the fifth opened in Hong Kong, after the Landmark Prince, Canton Road, IFC and Times Square boutiques. The concept of the design and materials used reflect Panerai’s Italian tradition and stands as a reference to […]
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Retail Asia23/05/2019
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Fashion

Daniel Wellington launched Moments of Love Concept

2min0
Watches and accessories retailer Daniel Wellington has launched a new pop-up with Shinsegae Myeongdong in Seoul. The DW Moments of Love pop-up will run from May 1 to July 3, in line with the brand’s #DWMoments global campaign designed to encourage influencers to open up and share a “true, personal, special moment that they cherish”. […]
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Retail Asia15/04/2019
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Living

Swatch wins trademark lawsuit against Apple

2min0
Swatch is no stranger to legal battles with giants like Apple and Samsung, and to some success, we might add. The Swiss company filed a lawsuit against Samsung two months ago, because the South Korean company copied Swatch’s trademark on its smartwatch faces. However, Swatch was sued by Apple two years ago for a similar […]
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Retail Asia10/04/2019
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Fashion

Baume & Mercier lands Both in Singapore and Malaysia

1min0
Swiss watch brand Baume & Mercier lands in Singapore and Malaysia today under a new distribution deal with FJ Benjamin. The company has inked an exclusive three-year distributorship for the watches, with a two-year extension possible based on certain conditions. FJ Benjamin will manage daily operations, sales and support, as well as set up communications […]
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