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Rolex Daytona prices continue to slide on the resale market as the crypto crash wipes out wealth of newer collectors
Resale prices for the most popular variant of the Cosmograph fell 16% from their peak in April, but…
Dominick Reuter
Swiss watchmakers are making more money and selling fewer watches as the industry shifts away from affordable timepieces
Switzerland exported a record $21.5 billion in watches last year, even though luxury brands like Ro…
Dominick Reuter
A Patek Philippe watch just sold for $5.8 million, making it the most expensive watch ever sold at an online auction
The Patek Philippe Sky Moon Tourbillon was sold for a whopping $5.8 million at a virtual Christie's…
Marielle Descalsota,Kate Duffy
Swiss watch execs say the market is 'slowing down' — but that just means waitlists for new Rolexes or Patek Philippes are a little less long
"The market is a little bit slower than before," Patek Philippe chairman Thierry Stern told Bloombe…
Dominick Reuter
A special edition Tiffany Blue Patek Philippe Nautilus just sold at auction for $6.5 million
The luxury Patek watch was one of 170 made with a retail price of $53,000, and the proceeds of the …
Dominick Reuter
Patek Philippe is making 170 Tiffany Blue Nautilus watches that cost $53,000 each. Even if you have the money, you probably still have no shot at actually getting one.
The limited run marks a 170-year brand partnership and is the final encore for the Ref. 5711 Nautil…
Dominick Reuter
How this Woodmaster for Patek Philippe makes rare watch designs worth thousands
This Marquetry Master uses more than 160 tiny pieces of wood to design these Patek Philippe watche…
Alexandra Appolonia
Legendary watchmaker Patek Philippe just unveiled a massive new production building in Switzerland and is dropping a $28,000 limited edition watch to celebrate. Take a look at the photos here.
Patek Philippe started the construction of its new production building in July 2015. The new buildi…
Dominic-Madori Davis
This $2.3 million Patek Philippe watch makes a serious statement
All of that is packed into a thick (16.1mm!) double-sided 18k white gold watch case. One side is ma…
Dennis Green
Patek Philippe Has Created The Most Complicated Wristwatch In History For $2.5 Million
For its 175th anniversary, the luxury Swiss watchmaker invented a collection of limited-edition com…
Asta Thrastardottir
How Swiss Watchmaker Patek Philippe Handcrafts Its Famous $500,000 Watches
And even if you could afford the outrageous price tag, they're not easy to come by since Patek Phil…
Megan Willett
Forget the $17,000 gold Apple Watch - this $2.5 million Patek Philippe is the most complicated wristwatch in history
For its 175th anniversary, the luxury Swiss watchmaker Patek Philippe invented a collection of limi…
Asta Thrastardottir
Mark Zuckerberg's starry watch isn't just the price of a Cybertruck, it's another major step up in his style game
Just days after being seen with a $141,400 Patek Phillipe watch, Mark Zuckerberg has a new wrist ca…
Aditi Bharade,Kwan Wei Kevin …
Stop thinking your expensive watch is an investment, says Rolex boss
It's "dangerous" to view luxury watches like they're investments, said Rolex CEO Jean-Frédéric Dufo…
George Glover
Jay Z's luxury watch collection is worth millions and includes one of the most complicated timepieces ever made
Rapper Jay Z's luxury watch collection is unrivaled and includes a diamond-encrusted Hublot and a R…
Julie Gerstein
Saks Fifth Avenue in San Francisco will require all shoppers make an appointment. The controversial move could solve a major headache.
Luxury retailer Saks already uses an appointment system at its "Club" boutiques, and the change cou…
Dominick Reuter
Meet Brynn Wallner, the millennial New Yorker making watches cool again
Brynn Wallner told Business Insider young people are becoming interested in luxury watches because …
Priya Raj
A Jacksonville Jaguars ex-employee was given 78 months in prison after stealing $22 million that his lawyers said he later lost on Draft Kings and FanDuel
Lawyers for Amit Patel said he lost "approximately 99% of the funds misappropriated" on gambling si…
Matthew Loh
Hedge funds are dusting off an old strategy to help reverse a fundraising slump, but it comes with a risk
When investing, how would you like to have your cake and eat it too? That's the idea of an old-turn…
Dan DeFrancesco
Rolex makes more than 123 watch models most of them are worth more used
Only the top three major Swiss brands — Rolex, Patek Philippe, and Audemars Piguet — ha…