patek philippe News - WatchPro USA

Rolex Hulk prices firm, Daytonas are soft and its time to exit Richard Mille suggests Watchbox

LEAD STORY NEWS by Rob Corder on April 1, 2020

Weekly social media series shares insights on what's hot and what's not in the global world of luxury watch trading.

EXCLUSIVE: Patek Philippe postpones all watch launches until 2021 and Rolex could be next

LEAD STORY NEWS by Rob Corder on March 28, 2020

Watchmaker aims to take the strain off its retail partners, manufacture and supply chain by delaying the entire 2020 launch program.

EXCLUSIVE: Patek Philippe lets authorized dealers sell online

LEAD STORY NEWS by Rob Corder on March 27, 2020

Watchmaker is doing everything possible to help its shuttered retail partners keep selling and retain cash in their businesses.

Patek Philippe postpones introduction of 2020 watches

LEAD STORY NEWS by Rob Corder on March 24, 2020

Launches were originally planned for day one of Baselworld on April 30, and then moved to smaller regional events. These too are now delayed.

Rolex records best-ever sales in 2019 to reach turnover of CHF 5.2 billion

NEWS Research by Rob Corder on March 24, 2020

Switzerland's most successful watchmaking brands entered 2020 in good health, with the majority notching a rise in sales last year.

patek philippe building Plan-les-Ouates 2

Patek Philippe and Audemars Piguet shut down

LEAD STORY NEWS by Rob Corder on March 21, 2020

Three of the top six Swiss watchmakers are now in lock down as AP and Patek join Rolex in temporarily mothballing production.

Jean-Claude Biver auctions four of his personal Patek Philippe watches for up to $6.8 million

LEAD STORY NEWS by Rob Corder on February 26, 2020

Phillips in Association with Bacs & Russo will sell the rare and well-preserved pieces at its Geneva Watch auction: XI in May.

Patek Philippe prowls the Internet looking for flippers

NEWS by Rob Corder on February 12, 2020

Brand president Thierry Stern says he will act if retail partners are caught selling watches to known secondary market traders.

Rolex takes every spot in Ebay’s Luxury Watch Report Top 10

LEAD STORY NEWS by Rob Corder on January 28, 2020

It will come as no surprise that Rolex dominates eBay's 2020 Luxury Watch Report top 10 watch styles, but for the watchmaker to take every spot in the league table shows just how powerful the brand has become on the secondary market.

UPDATED: 2020’s calendar for launches from the major watchmaking groups is in chaos. WatchPro plots a course through the wreckage

EDITOR'S CHOICE FEATURES LEAD STORY NEWS by Rob Corder on January 28, 2020

Swatch Group gets thrifty, LVMH splurges, Rolex and Patek stick with Baselworld, Richemont returns to Watches & Wonders, while Breitling and Audemars Piguet go their own way.

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