Plus, it has serious retro appeal. source https://robbreport.com/style/watch-collector/new-carl-f-bucherer-annual-calendar-watch-chronograph-vintage-style-2846301/
Plus, it has serious retro appeal.
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The Lucerne-based watchmaker has launched this chronograph – featuring a large date display, an annual cal- endar, and a distinctive BiCompax dial design – in two exclusive versions, each limited to 888 pieces. A tribute to the founding year of the Lucerne company with the long-standing tradition in 1888. This particular watch release is a […]
At Baselworld 2019, the finest timepieces weren’t necessarily the most expensive ones. Perhaps it was the scaled-down feel of the Palexpo building where the Baselworld watch expo takes place, or maybe it was the first stirrings of global economic headwinds, but for whatever reason, this year the timepieces that shone the most weren’t the ones […]
The new Patravi ChronoDate trio puts an end to monotone monotony, combining rose-colored, pale blue, and snow white mother-of-pearl dials with matching Louisiana alligator leather straps. And, as a special highlight, each watch is supplied with a second calfskin strap. An extra touch of opulence is added by sparkling diamonds, with 56 stunning stones set […]
The Patravi ScubaTec Lady is now available in a range of fashion-forward candy colors. These extra robust diving timepieces feature rubber straps in a choice of blue, green, beige and coral and boast a summery white wave pattern on the dial. Water resistance to 200 m, a unidirectional rotating bezel in steel and ceramic and […]
Carl F. Bucherer expands its Patravi ScubaTec family of marine watches with a special edition model honoring Black Manta. The new Patravi ScubaTec Black Manta Special Edition is a COSC-certified chronometer featuring an ultra-light titanium case, helium release valve, and water resistance of up to 50 bar (500 m). The part of the proceeds will […]
Watches of Switzerland expects to make further acquisitions in the United States, which it first entered in 2017 with the purchase of jeweller Mayors, its chief executive told Reuters. Owned by U.S.-based private equity firm Apollo Global Management, Watches of Switzerland has since opened several stores, including in Las Vegas and New York. “Could we […]
Inspired from the designs of 1950s, the Heritage BiCompax Annual combines timeless design with contemporary sophistication. This chronograph watch boasts a large date display, an annual calendar, and a distinctive BiCompax dial design – in two exclusive versions, each limited to 888 pieces. In 1950s Carl F. Bucherer introduced a chronograph with a design that […]
Carl F. Bucherer has integrated the memories from the 1950´s to the modern time. The company has unveiled new watches for the Heritage collection, which was launched last year in New York. According to the company, the Heritage collection is not just a look back at the watchmaker’s own history, but also an ode to […]
The journey to my first Rolex Just like any other big ticket purchase, you would probably remember your journey to save up for a new car or house. When my interest for watches started, I immediately knew a Rolex had to be in the collection. How could I miss the world’s most recognisable watch? I […]
1. Rolex Yacht-Master 42 2. Patek Philippe Calatrava Semainier 3. Breitling Premier Norton Édition 4. Meistersinger Urban Day Date 5. Anonimo Nautilo Vintage 6. Carl F. Bucherer Heritage Bicompax Annual 7. Tudor Black Bay Bronze 8. Chopard L.U.C Flying T Twin 9. Grand Seiko Elegance Acier 10. Alpina AlpinerX 11. Oris Great Barrier Reef Limited […]
FILE PHOTO: Rolex Datejust watches are displayed at the Baselworld Watch and Jewellery Show in Basel, Switzerland March 22, 2017. Picture taken March 22, 2017. REUTERS/Arnd Wiegmann
March 22, 2019
By Silke Koltrowitz
BASEL, Switzerland (Reuters) – Watches of Switzerland expects to make further acquisitions in the United States, which it first entered in 2017 with the purchase of jeweler Mayors, its chief executive told Reuters.
Owned by U.S.-based private equity firm Apollo Global Management, Watches of Switzerland has since opened several stores, including in Las Vegas and New York.
“Could we add other businesses? Very easily,” Brian Duffy said in an interview at this week’s Baselworld watch fair.
The Watches of Switzerland Group, which sells brands such as Rolex, Richemont’s Cartier and Swatch Group’s Omega and has more than 130 showrooms, is the biggest watch retailer in Britain and a candidate for a stock market listing.
Luxury watch distribution is undergoing major changes, with many small, family-owned businesses unable to keep up with the challenges of e-commerce, while watch brands are shutting down shops which do not meet their standards.
“If it’s a quality business, the right location of stores and support from the brands, it would be obvious that we’d be open to it. Probably over the couple of years ahead, we’ll do some deals in the area,” Duffy said of his U.S. plans.
Watches of Switzerland, which spans its eponymous stores as well as Mappin & Webb, Goldsmiths, Mayors, Watchshop and Watch Lab competes with rivals such as Lucerne-based Bucherer, which last year bought U.S. jeweler Tourneau.
Last year the company, which has been under Apollo’s control for more than six years, flagged that its owners were working with advisers on strategic options, including a potential initial public offering (IPO).
Duffy said that an IPO, if it happened, would most likely be on the London Stock Exchange.
“It would be good for our group with its size and scale to have public ownership, reduced leverage and great governance and accountability, sources of capital if that’s ever necessary,” he said, without giving further detail.
Apollo declined to comment.
The group’s revenue grew 21 percent to 685 million pounds ($902 million) in 2017/2018, and its operating profit rose by more than a third to 37 million pounds, about twice the levels when Apollo bought it in 2013.
(Reporting by Silke Koltrowitz; Editing by Alexander Smith)