Building on its “long-term commitment to ensure more sustainable and circular practices”, Net-A-Porter and Mr Porter have entered the pre-owned luxury watches market with Watchfinder & Co for the US market.
Bertrand Delvert, vice president of marketing and communication at Tissot International, succeeds Florence Ollivier-Lamarque as director of the Swatch Group’s French subsidiary, effective from January 1.
Swatch Group will host an event for watch retailers from March 19 to 26 next year, just ahead of the Baselworld watch fair it recently dropped out of, according to an invitation seen by Reuters on Tuesday.
Swiss watchmaker Swatch Group is quitting the annual Baselworld watch and jewellery trade fair, said a report on Sunday, calling time on an event that has been a fixture of the luxury industry calendar for a century.
The annual horlogerie tradeshow held in Hong Kong, will kick off its 2017 edition September 5 to 9, with attendance numbers to be around 20,000 people. More than 810 exhibitors from 27 countries are slated to attend.
While high-end watches are still out of reach for most people, the increasing prevalence of deals on the grey watch market highlights the perplexing predicament in which luxury watchmakers now find themselves.