Pins matching place:Schweiz/Suisse/Svizzera/Svizra

Rolex said it will buy Bucherer, the world's largest watch retailer with more than 100 stores in seven countries, after owner Jörg Bucherer decided to sell with no heirs to take over the business.

Switzerland's competition commission cleared Rolex's acquisition of Bucherer without conditions, removing the last big regulatory hurdle to folding the world's largest watch retailer into Rolex.

England drew 1-1 with world champions Spain in Basel and won the shoot-out 3-1, with Hannah Hampton saving two penalties and Chloe Kelly scoring the winner, to keep their European title.

Rolex increased recommended retail prices worldwide as 2026 began, by roughly 2.5% to nearly 6% depending on model and material, with gold references such as the yellow gold Daytona and Submariner rising by about 5.7-5.8%.

The watch industry's flagship fair, Watches and Wonders Geneva, opened its 2026 edition at Palexpo, running four trade days followed by a public weekend from 18 to 20 April.

Patek Philippe unveiled 20 new watches at Watches and Wonders Geneva 2026, headlined by the CHF 350,000 white-gold Ref. 6105G Celestial Sunrise/Sunset, its first wristwatch to show sunrise and sunset times adjustable for summer and winter time, alongside its first automaton wristwatch and four Nautilus 50th-anniversary pieces.

Phillips' Geneva Watch Auction XXIII totalled CHF 74,846,995 across 225 lots, the highest total for any watch auction in history, led by a Patek Philippe Ref. 2523 'Polychrome Two-Crown World Time' that sold for CHF 7,961,000.

Swatch Group shareholders voted 79.6% against seating US investor Steven Wood on the board at their annual meeting, even after proxy advisers Glass Lewis and ISS backed him and the company's own bearer shareholders separately elected him with 80.4% support.

Swatch Group posted CHF 3,121 million in first-half 2026 net sales, up from CHF 3,059 million a year earlier and 8.5% higher at constant exchange rates, even as a stronger Swiss franc cut nearly CHF 200 million from the reported total.

On Holding grew net sales 13.5% to CHF 850.3 million in the second quarter of 2026, led by direct-to-consumer sales up 26% that reached a new second-quarter high of 45.7% of revenue.

Phillips will hold The Geneva Watch Auction: XXIV over two sessions on 7 and 8 November 2026 at the Hotel President Wilson, offering 221 lots led by a stainless-steel Patek Philippe Ref. 1436 split-seconds chronograph from 1945 estimated at up to CHF 4,000,000.

Swatch Group's investor calendar lists mid-March 2027, with the exact date still to be confirmed, for its Annual and Sustainability Report covering fiscal year 2026 - the group's next full results release after first-half 2026 sales growth.

Watches and Wonders Geneva announced its 2027 edition will run 5 to 11 April at Palexpo, adding new exhibitors Breitling, Gallet, Universal Genève and the Italian jeweller Damiani.