MajorsSep 05, 2024
Nordstrom Family Offers to Buy Namesake Retailer for $3.8BWatchesOct 04, 2024
Watches of Switzerland Clocks Another Acquisition—Hodinkee
The company said Benjamin Clymer will return to his role as head of the watch news website, which will maintain editorial independence.
Watches of Switzerland has acquired Hodinkee, the leading watch news website founded in 2008 by Benjamin Clymer, pictured left. The site will remain editorial independence, Watches of Switzerland said, and Clymer will rejoin Hodinkee full time as president.
New York—Watches of Switzerland Group has made another acquisition and this time, it’s an editorial website popular among watch enthusiasts.
The U.K.-based retailer announced Friday that it has acquired Hodinkee as well as Hodinkee’s Insurance, which offers protection for watches and jewelry in partnership with Chubb.
The financial terms of the deal were not disclosed.
The website’s founder, Benjamin Clymer, will return to his role as leader of the platform, a position he has not held since stepping back in late 2020.
His title will be president.
Hodinkee will remain in its New York City headquarters and retain all of its current staff, which totals about 35.
Watches of Switzerland said the platform will run independently as a “leading editorial media organization” under the Watches of Switzerland Group umbrella.
“In a decision based in protecting an integral component of the industry, both teams have a shared goal in 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,” the company said.
Clymer said he “genuinely can’t wait for the future” under Watches of Switzerland’s ownership.
“At its core, Hodinkee was founded on a passion for watches that has never wavered. [Watches of Switzerland Group CEO] Brian Duffy and [Watches of Switzerland Group Deputy CEO] David Hurley, both of whom I’ve known for the better part of a decade, share the passion that launched Hodinkee,” he said.
“I’ve seen how they have disrupted the watch retail world at scale, and I am honored to align Hodinkee with Watches of Switzerland.”
Related stories will be right here …
The U.K.-based retailer announced Friday that it has acquired Hodinkee as well as Hodinkee’s Insurance, which offers protection for watches and jewelry in partnership with Chubb.
The financial terms of the deal were not disclosed.
The website’s founder, Benjamin Clymer, will return to his role as leader of the platform, a position he has not held since stepping back in late 2020.
His title will be president.
Hodinkee will remain in its New York City headquarters and retain all of its current staff, which totals about 35.
Watches of Switzerland said the platform will run independently as a “leading editorial media organization” under the Watches of Switzerland Group umbrella.
“In a decision based in protecting an integral component of the industry, both teams have a shared goal in 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,” the company said.
Clymer said he “genuinely can’t wait for the future” under Watches of Switzerland’s ownership.
“At its core, Hodinkee was founded on a passion for watches that has never wavered. [Watches of Switzerland Group CEO] Brian Duffy and [Watches of Switzerland Group Deputy CEO] David Hurley, both of whom I’ve known for the better part of a decade, share the passion that launched Hodinkee,” he said.
“I’ve seen how they have disrupted the watch retail world at scale, and I am honored to align Hodinkee with Watches of Switzerland.”
The purchase of Hodinkee is the latest in a line of major acquisitions by Watches of Switzerland.
In 2021, the British retailer bought five jewelry stores, including the Betteridge stores in Greenwich, Connecticut, and Vail and Aspen, Colorado.
Earlier this year, the company paid $130 million for the distribution rights to Roberto Coin in the United States—by far the brand’s largest market—as well as in Canada, Central America, and the Caribbean.
It also acquired Analog Shift, a retailer of pre-owned watches, in 2020.
Clymer started Hodinkee nearly two decades ago, launching it in 2008 as a blog where he could share his personal love of watches.
In an article posted on the site Friday, he said Hodinkee started as a “passion project” to indulge his “four great loves”—writing, photography, the internet, and watches.
Over the years, Hodinkee grew into one of the internet’s most widely read sites among watch enthusiasts and collectors.
The company eventually began selling watch accessories and limited-edition watches created in collaboration with big brands like Grand Seiko, Hermès, and TAG Heuer.
In 2021, it acquired Crown & Caliber, a pre-owned luxury watch e-tailer.
Crown & Caliber is not part of the Watches of Switzerland acquisition, as Hodinkee announced this summer that it would no longer sell either new or secondhand watches, a decision Clymer referenced in his letter posted Friday.
“As I said in August,” Clymer wrote, “we’re gonna sit back from retail and let our partners at Watches of Switzerland do the selling. We’ll do the writing and the special things that only we can do.
“That means we will now have more time and energy to focus on what we believe truly makes us special—the ability to inform, educate, and entertain.”
More on Watches
The Latest
MajorsMay 16, 2025
Saks Fifth Avenue, Amazon Partner on Luxury Online StorefrontPlus, parent company Saks Global announces plans to cut ties with up to 600 vendors.
Recorded WebinarsMay 16, 2025
Watch: Physical Retail Is Not DeadPeter Smith joined Michelle Graff to chat about the state of brick-and-mortar stores and share a few book and podcast recommendations.
CollectionsMay 16, 2025
Piece of the Week: Tejen’s ‘Candy Bowl’ Torque NecklaceThe necklace features a candy-colored Australian white opal in 18-karat Fairmined gold, as the brand was named a Fairmined ambassador.
Brought to you by
Las Vegas Antique Jewelry & Watch Show: Showcasing the Most Collectible Merchandise from Across the GlobeGain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.
Supplier BulletinMay 15, 2025
Treasure Hunting at the Las Vegas Antique Jewelry and Watch ShowSponsored by the Las Vegas Antique Jewelry and Watch Show
Weekly QuizMay 15, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
AuctionsMay 15, 2025
'The Mediterranean Blue' Diamond Sells for $21M at Sotheby’sA private American collector purchased the 10-carat fancy vivid blue diamond.
CollectionsMay 15, 2025
Jessica McCormack’s ‘Fruit Salad’ Collection Is Fresh for SummerThe designer has taken the appeal of freshly picked fruit and channeled it into a capsule collection of earrings, necklaces, and pendants.
Brought to you by
Watch: The Winston Red: GIA Examines the Smithsonian’s Newest AdditionSupplier Spotlight Sponsored by GIA
SourcingMay 15, 2025
Tariffs Take Toll on India’s Gem and Jewelry Industry in April The country’s gem and jewelry exports fell 5 percent year-over-year last month, while imports declined 18 percent.
Policies & IssuesMay 15, 2025
State of Retail: How to Better Serve Customers With DisabilitiesAround 54 million Americans and counting live with a disability. Here’s how to make your jewelry store and website more accessible.
Events & AwardsMay 15, 2025
Poet Sekou Andrews to Give Closing Keynote at ConvergeThe event is also accepting poster submissions now through June 16.
Policies & IssuesMay 14, 2025
Here’s What Happened to Pope Francis’ RingBefore Pope Leo XIV was elected, a centuries-old procedure regarding the late pontiff’s ring was followed.
AuctionsMay 14, 2025
Custom Rolex Pulled From Sotheby’s SaleThe one-of-a-kind platinum Rolex Cosmograph Daytona was estimated to fetch up to $1.7 million.
Lab-GrownMay 14, 2025
State of Diamonds: What’s Next for Lab-Grown Diamonds?While the product has entrenched itself in the market, retailers and consultants are assessing the next phase of the category’s development.
CrimeMay 14, 2025
Seattle Detectives Seek Public’s Help in Tiffany & Co. Robberies The police are trying to identify the man suspected of robbing two Tiffany & Co. locations in the area.
MajorsMay 14, 2025
Jeff Corey Elected Chair of JBT Board The well-known Maine jeweler takes over for Brian Fleming and will serve a one-year term.
Policies & IssuesMay 14, 2025
Foundrae Donates $11K to Ethical MetalsmithsThe donation was the result of the brand’s annual Earth Day Ingot event.
IndependentsMay 13, 2025
Eiseman Jewels’ Renovated Dallas Store Is Bigger and BetterLocated in NorthPark Center, the revamped store is nearly 2,000 square feet larger and includes the first Tudor boutique in Dallas.
MajorsMay 13, 2025
DCA Announces New Learning Platform, Course UpdatesThe nonprofit has made updates to the content in its beginner and advanced jewelry sales courses.
MajorsMay 13, 2025
BIJC Launches New Education FundBIJC President Malyia McNaughton will shift roles to lead the new foundation, and Elyssa Jenkins-Pérez will succeed her as president.
TrendsMay 13, 2025
State of Jewelry Design: The Top 10 Jewelry Trends of the Past DecadeAs a nod to the theme of JCK Las Vegas 2025, “Decades,” National Jeweler took a look back at the top 10 jewelry trends of the past 10 years.
Lab-GrownMay 12, 2025
Lightbox to Go Dark by Summer, De Beers Says The company plans to halt all consumer-facing activity this summer, while Lightbox factory operations will cease by the end of the year.
Policies & IssuesMay 12, 2025
Tariffs on Chinese Imports Temporarily Slashed as U.S.-China Reach Deal Following weekend negotiations, the tax on Chinese goods imported into the United States will drop by 115 percent for the next 90 days.
Events & AwardsMay 12, 2025
Jewelry By Picasso, Dalí on Display at Florida Art Museum “Artists’ Jewelry: From Cubism to Pop, the Diane Venet Collection” is on view at the Norton Museum of Art through October.
Events & AwardsMay 12, 2025
CASE Awards Now Accepting Entries For 2025The deadline to submit is June 16.
IndependentsMay 09, 2025
Lugano Diamonds CEO Resigns Amid Internal InvestigationMoti Ferder stepped down Wednesday and will not receive any severance pay, parent company Compass Diversified said.
CollectionsMay 09, 2025
Pieces of the Week: Marie Lichtenberg’s Collaborations for Mother’s DayLichtenberg partnered with luxury platform Mytheresa on two designs honoring the connection between mothers and daughters.
