Swatch Profits Tank – Coronavirus Watch 27

SWATCH Big Bold Jellyfish

The Swatch Group has just released their 2020 half-year financial report [click here for pdf]. The announcement revealed the combined worldwide numbers for Breguet, Harry Winston, Blancpain, Glashutte, Jaquet Droz, Leon Hatot, OMEGA, Longines, Rado, Union Glashutte, Tissot, Balmain, Certina, Mido, Hamilton, Calvin Klein, Swatch and Flik-Flak. As our headline reveals, Swatch profits tanked . . .

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Which Watch Industry Brands Will Die? – Coronavirus Watch 22

vintage longines ad

Watch Industry Braces For Historic Downturn HoDinkee proclaims. That’s like saying a car crash victim lying by the side of the road is bracing for impact. Dude, the downturn is here. Last month, Swiss watch exports fell by a staggering 81 percent. There’s no sign of a “revenge shopping” recovery. The real economy is in the tank. Ho’ writer Joe Thompson offers us a piercing glimpse into the obvious, then shares the following eye-opening prediction . . .

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NOMOS: Discontinued, Special-Edition and Limited-Edition Watches Coming In September

NOMOS occupies a special place in the German watch pantheon. The Glashütte subsidiary offers twelve families of simple, elegant, beautifully-crafted timepieces in the $4k to $5k range, all sharing the same Bahausian DNA. As NOMOS’ latest email reveals, choosing one is about to get harder, especially for collectors . . .

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