https://feeds.thelocal.com/ Read the latest news and views from Switzerland in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed Luxury watchmakers have joined the list of businesses implementing Brexit contingency plans by stockpiling inventory in Britain before it leaves the EU, industry leaders have said. https://www.thelocal.ch/20190327/why-luxury-watchmakers-are-worried-about-brexit-switzerland-baseland Wed, 27 Mar 2019 15:48:06 +0100 why-luxury-watchmakers-are-worried-about-brexit-switzerland-baseland Exports of Swiss watches rose nearly 14 percent year on year in April, trade figures showed on Tuesday, aided by strong demand from prime market Hong Kong. https://www.thelocal.ch/20180529/swiss-watch-exports-tick-ahead-nicely-in-april-luxury Tue, 29 May 2018 13:35:37 +0200 swiss-watch-exports-tick-ahead-nicely-in-april-luxury The world's biggest watch fair will open in Switzerland this week, even as slumping exports of luxury Swiss timepieces appear to dash hopes of a market rebound. https://www.thelocal.ch/20170322/slump-in-luxury-watch-exports-casts-shadow-over-baselworld Wed, 22 Mar 2017 09:24:52 +0100 slump-in-luxury-watch-exports-casts-shadow-over-baselworld Luxury Swiss watchmakers, gathering this week at the industry's premier annual show in Geneva, hope 2017 will finally mark the end of two crisis-hit years of falling sales. https://www.thelocal.ch/20170120/swiss-watchmakers-optimistic-two-year-crisis-is-ending Fri, 20 Jan 2017 09:41:47 +0100 swiss-watchmakers-optimistic-two-year-crisis-is-ending A stainless steel Patek Philippe watch has sold for a record $11 million (10.2 million euros) in Geneva, an auction house said on Monday. https://www.thelocal.ch/20161115/watch-sells-for-record-11m-in-geneva-auction Tue, 15 Nov 2016 09:40:09 +0100 watch-sells-for-record-11m-in-geneva-auction Swiss luxury goods giant Richemont will cut 210 jobs at its Piaget and Vacheron Constantin high-end watchmakers, a union source said on Monday. https://www.thelocal.ch/20161115/richemont-cuts-jobs-amid-tough-conditions Tue, 15 Nov 2016 09:21:06 +0100 richemont-cuts-jobs-amid-tough-conditions Swiss luxury goods giant Richemont said Friday its net profit plunged in the first half of its fiscal year, with sales of high-end watches facing a particularly tough time. https://www.thelocal.ch/20161105/tough-time-for-luxury-group-richemont-as-profit-halved Sat, 05 Nov 2016 10:15:19 +0100 tough-time-for-luxury-group-richemont-as-profit-halved Two men made off with half a million euros' worth of luxury watches after threatening staff at the central Paris offices of Swiss watchmaker Girard-Perregaux with tear gas, police said. https://www.thelocal.ch/20161021/swiss-luxury-watches-stolen-in-paris-raid Fri, 21 Oct 2016 10:24:11 +0200 swiss-luxury-watches-stolen-in-paris-raid Swiss luxury goods giant Richemont, which owns top global brands like Cartier, warned on Wednesday that weak demand and restructuring costs would slash first-half profits despite a boost in UK sales from Brexit. https://www.thelocal.ch/20160914/swiss-firm-takes-hit-despite-brexit-boost Wed, 14 Sep 2016 16:10:21 +0200 swiss-firm-takes-hit-despite-brexit-boost Shares in Swatch plunged more than 11 percent on Friday after the Swiss watch group warned that sales had slumped and profit had plunged in the first half of the year. https://www.thelocal.ch/20160715/swatch-shares-plummet-after-drop-in-sales Fri, 15 Jul 2016 16:36:58 +0200 swatch-shares-plummet-after-drop-in-sales Switzerland adopted regulations on Friday requiring that locally-made parts account for at least 60 percent by value in order for watches to bear the coveted and lucrative "Swiss Made" label. https://www.thelocal.ch/20160618/sufficiently-swiss-at-least-60-for-watches Sat, 18 Jun 2016 10:03:50 +0200 sufficiently-swiss-at-least-60-for-watches Global exports of Swiss watches plummeted in March, amid a dramatic contraction of sales in main markets Hong Kong and the United States. https://www.thelocal.ch/20160421/swiss-watch-exports-take-sharp-plunge Thu, 21 Apr 2016 20:52:32 +0200 swiss-watch-exports-take-sharp-plunge The world's biggest watch fair opened in the Swiss city of Basel on Thursday as a slumping luxury market and the soaring popularity of connected timepieces cast a gloom over the industry. https://www.thelocal.ch/20160318/swiss-watch-fair-opens-amid-crisis-of-confidence Fri, 18 Mar 2016 09:41:00 +0100 swiss-watch-fair-opens-amid-crisis-of-confidence TAG Heuer, the Swiss watchmaker which is part of the French luxury goods group LVMH, showed off its first Internet-connected wristwatch Monday designed with Google and Intel. https://www.thelocal.ch/20151110/swiss-watch-brand-unveils-new-smartwatch Tue, 10 Nov 2015 11:19:38 +0100 swiss-watch-brand-unveils-new-smartwatch Luxury Swiss watchmaker TAG Heuer will next week launch a smartwatch aimed at taking on the Apple Watch, but with an asking price of $1,500, the company chief said in an interview published on Sunday. https://www.thelocal.ch/20151108/tag-heuer-to-launch-smartwatch-in-us Mon, 09 Nov 2015 00:03:27 +0100 tag-heuer-to-launch-smartwatch-in-us Police have arrested three men who held up a watch and jewellery shop in Vevey and assaulted its staff before fleeing without stealing anything. https://www.thelocal.ch/20150820/vevey-jeweller-hurt-in-fruitless-hold-up Thu, 20 Aug 2015 14:35:53 +0200 vevey-jeweller-hurt-in-fruitless-hold-up Seventy years after the end of the Second World War, a watch worn by legendary US five-star general Douglas MacArthur sold at a Geneva auction on Sunday for 70,000 francs ($75,000), far above the estimate. https://www.thelocal.ch/20150510/sale-of-five-star-generals-watch-exceeds-estimates Mon, 11 May 2015 00:53:04 +0200 sale-of-five-star-generals-watch-exceeds-estimates Seventy years after the end of the Second World War, a watch worn by legendary American five-star general Douglas MacArthur is going on auction in Geneva. https://www.thelocal.ch/20150507/watch-worn-by-general-macarthur-to-be-sold Thu, 07 May 2015 16:25:04 +0200 watch-worn-by-general-macarthur-to-be-sold Barely a few months after dismissing Apple's smartwatch, the new chief executive of luxury Swiss watchmaker Tag Heuer conceded Tuesday that such a hi-tech gadget might after all have a place in his firm's line-up. https://www.thelocal.ch/20141216/tag-heuer-chief-changes-tune-on-smartwatches Tue, 16 Dec 2014 22:00:00 +0100 tag-heuer-chief-changes-tune-on-smartwatches A sapphire known as the Blue Belle of Asia set a new world record after selling for more than $17 million at a rare jewellery auction in Geneva, Christie's said. https://www.thelocal.ch/20141112/ceylon-sapphire-sets-world-record-at-geneva-auction Wed, 12 Nov 2014 14:04:00 +0100 ceylon-sapphire-sets-world-record-at-geneva-auction