Expensive Watches

Luxury watch industry faces fresh headwinds as Iran war dents demand

The bling is back, but the war in the Persian Gulf has tarnished the outlook for the luxury watch industry - the ultimate in bling. Starting Tuesday, Geneva hosts the annual "Watches and Wonders" fair, a premiere gathering in an industry eager for a rebound after two years of market contraction, hopefully including sales in oil-rich Gulf Arab countries. The US and Israeli war against Iran that began February 28, however, has had a sweeping impact on the global economy: Driving up energy prices, stalling shipments of fertiliser, disrupting air travel, among other things. High-end watches have not been spared. Soaring prices for precious metals like gold and silver over the last year and US President Donald Trump's Liberation Day tariffs launched a year ago - while down from peak levels - already affected the market. Now, renewed inflation pressures and doubts about consumer confidence are throwing new uncertainty into the market that generates tens of billions of dollars in revenue

Titan expects sharp rise in Swiss watch sales in India post EU trade pact

Leading watch maker Titan Company expects sales of luxury Swiss watches to rise sharply in India following the recent India-EU Free Trade Agreement, which has further lowered import duties on such products, said a top company official. The Tata group firm, which operates Helios and Helios Luxe formats, said Swiss brands will become more competitive in the domestic market as they pass on duty benefits to consumers. Its Swiss segment has been growing substantially and is in talks with more brands for its chain of Helios and Helios Luxe, Titan Watches Chief Sales & Marketing Officer Rahul Shukla told PTI. "Swiss watches will play a larger role, and the premium segment will drive the next phase of growth," he said. Duties on Swiss watches have already come down from about 22 per cent to 15 per cent under the India-EFTA FTA, which came into force on October 1, 2025. Switzerland is part of the four-nation European bloc EFTA. The India-EU FTA is expected to further reduce duties. "This .

Jacob & Co's Rs 13.7 crore Vantara watch: Why luxury watches cost so much

Jacob & Co's $1.5 million Vantara watch for Anant Ambani features a miniature figure on the dial. Here's a peek into how luxury watches are made, priced and sold

Time meets torque: When the worlds of watches and motoring converge

From hand-assembled engines to meticulously crafted movements, the worlds of motoring and horology merge through collaborations that celebrate precision, heritage and mechanical artistry

Watches are not investments, comparing to stocks risky, says Rolex CEO

Rolex is the biggest Swiss watch brand and dominates the industry with an estimated 30% market share. Known for its Datejust, Daytona and Submariner models

Luxury made-in-India watches are a surprisingly popular new trend

The Indian customer, once unconcerned with the intricacies of watchmaking, is now more appreciative of quality craftsmanship

The most expensive watches from 2017's first watch fair

Yes, the name is a mouthful. But there is a lot going on in this watch