The Swiss Swatch Group has recommended its shareholders reject the nomination of American activist investor Stephen Wood to its board. This decision comes at a critical time as the company seeks to maintain its administrative stability.
The case of investor Dominic Khoo in Singapore has sparked widespread controversy following allegations of fraud from clients who invested in luxury watches. This situation raises questions about the credibility of the luxury watch market.
A court in an Asian country has dismissed a young man's claim that four luxury watches were gifts from his father-in-law. The judge stated that the plaintiff failed to provide sufficient evidence to support his allegations.
Audemars Piguet has announced the launch of a new collection of Royal Oak Offshore watches for 2026, blending bold design with modern technology. This new release reinforces the brand's ongoing appeal in the luxury watch market.
Ghana's national football team players had their luxury watches stolen during their stay at a Vienna hotel while preparing for the World Cup. The incident has raised concerns about hotel security among the team and coaching staff.