Andy Hoffman
Senior Business Editor at Hodinkee
Reporter for Bloomberg @business in Switzerland. Lazy cyclist. Awkward skier. Ex-@globeandmail RTs r not endorsements. Views are mine.
Articles
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3 weeks ago |
hodinkee.com | Andy Hoffman
Golfer Arnold Palmer was among the first of these new ambassadors (soon to be known as Rolex Testimonees) who often appeared in ads without a watch on his wrist. It was the idea of Palmer's individual success that was the message. Skier Jean-Claude Killy, tennis great John Newcombe, golfer Nancy Lopez, Formula 1 driver Jackie Stewart, and Spanish opera singer Placido Domingo were among the early individuals tapped to represent the Rolex brand.
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3 weeks ago |
hodinkee.com | Andy Hoffman
Patrick Aoun takes over as head of the Longines brand amid a downturn in China sales. Longines, one of the key Swiss watch brands controlled by Swatch Group AG, appointed a new president and Chief Executive Officer, the latest in a series of senior management changes at Swiss watchmakers. Patrick Aoun, a long-time Swatch Group executive, is taking over as head of the historic Longines brand, beginning this month, a company spokesperson confirmed.
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1 month ago |
hodinkee.com | Andy Hoffman
Total exports climb 18%, but would have fallen 6% without record U.S. rush. Swiss watch exports surged in April as watchmakers and U.S. retailers rushed to ship and receive stock following the unexpected threat of major levies on Swiss goods imported to the United States. Exports to the U.S. jumped by 149% last month, the most ever, after U.S. President Donald Trump's 'Liberation Day' vow to impose a 31% levy on imports from Switzerland.
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1 month ago |
hodinkee.com | Andy Hoffman
Breitling launches a premium limited edition 24-hour Navitimer in platinum to celebrate astronaut Scott Carpenter and the first Swiss wristwatch in space. In the realm of the hotly contested horological space race, Breitling has some serious bona fides. The Grenchen, Switzerland-based manufacturer lays claim to producing the first Swiss wristwatch worn in space.
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1 month ago |
hodinkee.com | Andy Hoffman
Sales and profits fell for Richemont's Specialist Watchmaker division due to weakness in China, but Cartier owner says production has been adjusted. The chairman of Cartier-owner Richemont is heaping praise on Swiss watchmakers who cut production in response to weak demand from China to avoid oversupplying the global market.
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