Breaking News: The Watches of Switzerland Group Acquires Hodinkee

The Watches of Switzerland Group announces the acquisition of Hodinkee, uniting the leading watch retailer and the digital trailblazer to support Hodinkee’s continued operation as a leader in the watch community. With a history of stewarding brands, the Watches of Switzerland Group aims to utilize its leadership role in the industry to further Hodinkee’s mission of sharing the most engaging, educational, and entertaining watch content. In line with the Group’s Long-Range Plan, this acquisition will significantly impact its leadership position by, among other things, providing unmatched insight into the world’s leading watch editorial entity as well as access to one of the most developed communities in the industry.

As part of the acquisition, Hodinkee founder, and former CEO Ben Clymer will return to his leading position for the company, for the first time since 2020. Hodinkee’s New York City-based Headquarters will continue in its current location, with all staff remaining to help realize the brand’s mission of being the foremost destination for all things in the world of horology, making watches and information about them accessible to all. Hodinkee will run independently as a leading editorial media organization under the Watches of Switzerland Group umbrella. In a decision based on protecting an integral component of the industry, both teams have a shared goal of growing the global watch community and continuing Hodinkee’s journalism, ensuring the entire watch industry can continue its faith in Hodinkee’s unique voice and lens in which they present unmatched editorial content.

This acquisition highlights a natural synergy between the Watches of Switzerland Group and Hodinkee, providing a seamless transition into this seminal moment for the watch industry. Following today’s announcement, the Watches of Switzerland Group will be comprised of the following prestigious brands: Watches of Switzerland, Mappin & Webb, Goldsmiths, Mayors, Betteridge, Analog:Shift, and Hodinkee. The Group also owns the exclusive distribution rights for Roberto Coin in the USA, Canada, Central America, and the Caribbean. Pictured below: Brian Duffy, CEO of The Watches of Switzerland Group, and David Hurley, Deputy CEO of The Watches of Switzerland Group.

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Posted on October 4, 2024 and filed under Watch Shopping, News.