As part of our investigation into the business of watches in Formula 1, WATCHPRO unearthed the story of how former Ferrari F1 driver Stefan Johansson launched his own watch business from California.
Florida-based CTE Watch Company had to adapt quickly after the pandemic shut down most of the Caribbean travel industry that the distributor supplies.
Just weeks after reopening following last year's covid lock down, downtown Chicago erupted as protests over the death of George Floyd turned violent and boutiques were looted. Far from retreating in the face of a year from hell, Burdeen's saw opportunity in the chaos.
Tobias Reiss-Schmidt has steered Timex Group through one of the most tumultuous periods of the company’s 167-year history, not just keeping it off the rocks during the pandemic, but repositioning brands ranging from Guess and Ted Baker in the mass market fashion space up to Versace and Missoni’s Swiss-made luxury watches. Most important is the positioning of the Timex brand itself, which is adapting to a world where apathy to traditional watches and gadgets from Apple are transforming the landscape.
Zenith is building its future around digital leadership, strong partnerships with leading retailers and on two platform collections: Defy and Chronomaster.
“As far as I know, there is no other watch company that has been committed to protecting the environment for such a long time."
Moser's retail sales grew by 27% last year, the company's CEO Edouard Meylan tells WatchPro the USA was a particularly strong market for the brand.
Following the launch of 18ct gold watches with in house tourbillon movements, WatchPro wants to find out how the push upmarket is affecting Gucci's strategy and tactics this year.
Silas Walton, still in his mid-twenties at the time, spotted an opportunity seven years ago to become a de-facto authorized dealer for super-scarce pre-owned watches from the likes of Roger Smith, Kari Voutilainen and Philippe Dufour. His company, A Collected Man, now generates annual sales of around $20 million trading these watches with collectors all over the world.
2020 was a year to forget for most watch brands but, for Matthias Breschan, the storm clouds had a silver lining thanks to his promotion last summer from running Rado to the top job at Longines.