Watch Looting Kills Retail

watch retail stops in Providence

In the face of abject lawlessness, watch dealers across America have secured or removed their inventory. Not just in LA, New York City, Chicago, Settle, Philadelphia, Minneapolis, Atlanta and other major urban areas. Jewelers and watch dealers in small cities like Providence, Rhode Island and Portland, Maine have also taken precautions against watch looting. As for the immediate future . . .

Continue reading “Watch Looting Kills Retail”

Watch Store Looting

Rolex looted

Looting is not a form of protest. You know it. I know it. The police know it. But police in cities across this country aren’t ready, willing and/or able to protect businesses from the “protesters” threatening lives and destroying property and, thus, livelihoods. Jewelry stores are, of course, a favorite target for looters. The watch store looting that went down last night is staggering . . .

Continue reading “Watch Store Looting”

Coronavirus Watch 17: Watches of Switzerland Sales Down 70%

Flagship store

If anyone was going to take a major hit from Coronageddon, you’d expect it to be Watches of Switzerland. The publicly traded company has 16 stores in its UK backyard, two in New York City and three at the Wynn Las Vegas. All closed by the pandemic. So their latest financial results is a bloodbath of red ink, right? Apparently not . . . .

Continue reading “Coronavirus Watch 17: Watches of Switzerland Sales Down 70%”

HoDinkee to Vortic: FOAD

Vortic logo

As we reported earlier, pocket-watch-to-wristwatch manufacturer Vortic is on a knife’s edge. If Hamilton wins its Vortic lawsuit for trademark infringement, the American watchmaker will be out of business. It’s a big story – David vs. Goliath – with wider implication for product recycling.  A story that HoDinkee point-blank refused to cover. The reason is simple . . .

Continue reading “HoDinkee to Vortic: FOAD”