Richemont Completes Baume & Mercier Sale to Damiani Group | Luxury Jewelry Industry

The world of fine watchmaking and haute joaillerie moves with quiet purpose, guided by those who understand that true luxury endures. In one such moment of graceful transition, Richemont has officially completed the sale of Baume & Mercier to the Damiani Group.

The transaction marks a defining milestone for both houses, uniting nearly two centuries of Swiss watchmaking heritage with one of Italy’s most revered luxury jewelry groups.

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Phillips Sets Historic Auction Record as Luxury Watches Reach New Heights

The global market for luxury watches reached another defining moment as Phillips established a new record for the highest grossing watch auction ever held in the United States.

The New York Watch Auction XIV generated an extraordinary $75.8 million across two days, reflecting the enduring appetite among elite collectors for exceptional horological masterpieces.

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Richard Mille RM HJ 02 Tourbillon Sets a New Standard in Luxury Watches

In the world of luxury watches, true exclusivity is defined by the rare intersection of artistry, innovation, and craftsmanship. Richard Mille’s latest creation, the RM HJ 02 Automatic Winding Tourbillon, embodies this philosophy through a collection that transforms haute horlogerie into wearable art.

Designed for collectors who view exceptional timepieces as both cultural assets and expressions of personal identity, the RM HJ 02 represents the second chapter in Richard Mille’s growing High Jewellery universe. Produced as a series of only 12 unique creations, each watch is individually crafted and exists as a singular masterpiece.

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Audemars Piguet Expands the Royal Oak Offshore Collection With Six New Luxury Watch Models

For more than three decades, the Royal Oak Offshore has represented one of the most recognizable expressions of contemporary haute horlogerie.

In 2026, Audemars Piguet introduces six new Royal Oak Offshore Selfwinding Chronograph references that combine technical excellence with a fresh palette of colors designed for a new generation of collectors.

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Audemars Piguet’s New Meyrin Manufacture: Redefining Luxury Watches

In the evolving landscape of luxury watches, scale and precision are becoming as essential as heritage and craftsmanship. Audemars Piguet reinforces its long-term vision with the inauguration of a new manufacture in Meyrin, near Geneva. Designed to unify production, accelerate innovation, and support future growth, this new hub reflects the strategic direction of a Maison deeply connected to the expectations of the 1%.

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