Articles

LVMH Shatters Records: Unveiling 2023's Exceptional Luxury Market Success and Growth Insights

  In 2023, LVMH, the leading global luxury goods conglomerate, revealed an unprecedented increase in its financial performance, achieving a remarkable total revenue of €86.2 billion. This figure m...

Swatch Group's 2023 Performance: Strong Sales Growth & Optimistic Forecast for 2024

Intro and overview Following their mid-year report in 2023, which highlighted an impressive 18% increase in sales, Swatch Group has now released a detailed overview of its 2023 financial performa...

THE SUCCESS INDEX by REVOLUTION WATCH | PART 1

Drawing insights from the 2023 Morgan Stanley × LuxeConsult study, this article which is based on the "The Revolution Success Index" by Revolution, highlights the current top 20 individuals in the ...

The average Rolex retail prices have gone up by 12.1% in the last two years

What is new for Rolex in early 2024?  The year 2024 started with a notable event in the luxury watch market: Rolex increased its list prices (yes,again!). We have prepared a brief article that delv...

Frédéric Arnault Named CEO of LVMH Watches

Based on the recent changes in the management LVMH, we have prepared a brief article that provides a more comprehensive understanding of the recent executive reshuffling within the company and the ...

Chrono24 reveals the best-sellers of 2023

Chrono24's Best-Selling Watches of 2023: An Overview Any watch enthusiast is aware that Chrono24 is the leading online platform with around 100 million monthly page views, €2 billion in watch sa...

Rolex celebrates 2024 with Vienna Concert and a new Day-Date dial

Rolex's Partnership with the Vienna Philharmonic Rolex, a major supporter of the arts, has been an Exclusive Partner of the Vienna Philharmonic since 2008 and the Exclusive Sponsor of the New Year’...

Rolex is being penalised with a fine of €91.6 million for prohibitingADs from selling online for over 10 years

Rolex is facing a penalty of €91.6 million EUR from France's Haute Autorité de la Concurrence for preventing its Authorised Dealers (ADs) from selling its products online for over a decade. This de...

Breitling Buys Watchmaker Universal Geneve in First Major Deal

In a significant development for the watch industry, the long-awaited revival of Universal Genève is finally underway. Partners Group, the primary entity behind Breitling, has acquired Universal Ge...

Audemars Piguet Code 11.59 Ultra-Complication Universelle: The “Aiguille d’Or” at GPHG 2023

Winner of the “Aiguille d’Or” at GPHG 2023 Audemars Piguet launched a highly sophisticated watch that very recently got them The “Aiguille d’Or” at GPHG 2023: The Code 11.59 Universelle, also kn...