【New York, US】New York Watch Media Hodinkee Acquired by UK’s Largest Luxury Watch and Jewellery Distributor Watches of Switzerland

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Editor’s Note

This acquisition marks a significant move in the luxury watch industry, blending major retail distribution with influential media. The strategic alignment suggests a focus on deepening consumer engagement through content, though the undisclosed terms leave the full scope of the partnership to be seen.

英国腕表珠宝零售商 Watches of Switzerland 第四财季营收增长3%，谨慎乐观看待明年
Acquisition Announcement

On October 4th, Watches of Switzerland, the UK’s largest luxury watch and jewellery distributor, announced the acquisition of New York-based watch media Hodinkee. The terms of the transaction have not been disclosed.

英国最大手表零售集团 Watches of Switzerland 3%的股份被加拿大Alberta 投资管理公司收购

Through this deal, the Watches of Switzerland Group will leverage its brand management expertise and industry leadership to further advance Hodinkee’s mission of sharing the most compelling, educational, and entertaining watch content.

CEO Statement
英国高端腕表零售商 Watches of Switzerland 将关闭16家展厅并裁员40人

Brian Duffy, CEO of the Watches of Switzerland Group, stated:

“Watches of Switzerland takes pride in its position within the retail sector. From our now-commonplace lifestyle-oriented showroom practices, to the opening of the Watches of Switzerland SoHo flagship store, to expansion through acquisitions of brands like Analog:Shift, Betteridge, and Roberto Coin, the Group has consistently been at the forefront of the luxury industry… As part of this strategy, we partner with those who can…”
英国高端腕表零售商 Watches of Switzerland 上财年销售额持平、利润有所下滑，美国业务表现亮眼
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⏰ Published on: October 07, 2024