Swiss Watch Exports Rise 11.7% in September as Hong Kong Shipments Edge Up
A rebound in US shipments drove a fourth straight monthly gain, while exports to mainland China fell 14.2% on an unfavorable base effect.
Watches & Collecting
Watches
- Watches
Geneva Watch Auctions Open Fall Season With CHF 4 Million Patek Philippe as Top Lot
Phillips and Sotheby's line up more than 400 watches for Geneva sales this week, testing collector demand after a strong spring season.
- Watches
LVMH Watches and Jewelry Sales Rise 6% in Third Quarter as China Weighs on Fashion
Jewelry from Bulgari and Tiffany carried the division to 2.5 billion euros in quarterly revenue, the strongest showing across the luxury group.
- Collecting
Christie's Ai Lian Tang Sale Fetches HK$214 Million as Jadeite Bottle Soars
Imperial porcelain and jade led Christie's Hong Kong Asian Art Week, though about a third of lots went unsold in three other sales.
- Watches
Phillips Geneva Watch Sale Sets $112 Million Record as F.P. Journe Lots Take CHF 31.8 Million
All 217 lots sold over the Nov. 7-8 weekend, making it the first live watch auction above $100 million. Independent maker F.P. Journe supplied the top lot and more than a third of the total.
- Watches
Hong Kong Jewelry and Watch Sales Rise 11.9% in August as Mainland Visitors Return
The category led the city's 16th straight month of retail growth, and Chow Tai Fook's Hong Kong figures point to a firm third quarter.
- Watches
LVMH's Zenith Plans Up to 200 Job Cuts in Shift Away From Mid-Priced Watches
The Le Locle chronograph maker is consulting staff on a plan to drop its core price range and rebuild around watches costing near 50,000 Swiss francs.
- WatchesAnalysis
Christie's Closes Geneva Watch Week With 218 Lots Led by CHF 1.4 Million F.P. Journe
The Nov. 9 sale follows Phillips and Sotheby's and puts independent makers and 1970s Patek Philippe steel and gold to the test.
- AuctionsAnalysis
New York November Art Sales Open Nov. 17 With $80 Million Kandinsky as Asia Bidders Return
A guaranteed Kandinsky leads Christie's evening sales, and last year's results show how much the New York season now leans on collectors in Asia.
- Collecting
Geneva Jewel Week Tests Top Gems as 24-Carat Bulgari Pink Diamond Carries CHF 15 Million Estimate
Christie's offers a never-auctioned pink diamond on Nov. 10, and Sotheby's follows a day later with a 197.80-carat sapphire once worn by a Russian empress.
- Auctions
Christie's Hong Kong Puts HK$43 Million Top Estimate on Patek Sky Moon in 40-Watch Sale
A 40-lot evening sale marking the house's 40th year in Asia opens a late-November run of Hong Kong watch and jewelry auctions.
- CollectingAnalysis
Hermès Resale Tilts to Small Birkins as $124,400 Top Lot Sets Up Hong Kong Bag Season
Sotheby's first-half results favored Birkin 20s, Kelly 25s and special orders over Himalayas, ahead of Geneva and Hong Kong sales running into December.
- Collecting
Pokémon 30th Anniversary Box Draws Overnight Lines as Card Grading Jumps 48% in October
A US$179.99 Ultra-Premium Collection resold near US$400 within hours of its Nov. 6 launch, while PSA's queue held 6.8 million items.
