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
Events & AwardsJun 06, 2025
Here Are the 2025 Retailer Hall of Fame InducteesThis year’s honorees include a Midwest retailer and two multi-store independents, one in New York and the other in New England.
CollectionsJun 06, 2025
Piece of the Week: Harwell Godfrey’s ‘Granny Squares Eleanor’ Necklace As an homage to iconic crochet blankets, the necklace features the nostalgic motif through a kaleidoscope of cabochon-cut stones.
Events & AwardsJun 05, 2025
The 12 Fresh Faces in Couture’s Design AtelierDiscover the dozen up-and-coming brands exhibiting in the Design Atelier for the first time.
Brought to you by
The True Power Behind the Counter: Why Sales Associates Are the Heart of the Jewelry BusinessWhen investing in your jewelry business, it's important not to overlook the most crucial element of success: the sales associates.
SourcingJun 05, 2025
A Rare Suite of Rubies Has Arrived in Las VegasThe “Royal Ruby” Collection is a quintet of untreated rubies curated by collector Jack Abraham.
Weekly QuizJun 05, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
Events & AwardsJun 05, 2025
Daymond John to Give Keynote at JCK Las VegasThe entrepreneur and “Shark Tank” star will share his top tips for success.
MajorsJun 05, 2025
Platinum Guild International Updates Leadership TeamTwo existing executives have been given new roles.
Brought to you by
Clienteling Isn’t a Buzzword. It’s an Essential Business Model.More shoppers are walking out without buying. Here’s how smart jewelers can bring them back—and the tool they need to do it right.
Events & AwardsJun 05, 2025
Zillion Announces 'Women in STEM' Scholarship RecipientMeredith Tiderington, an electrical engineering student, was selected for the award.
Lab-GrownJun 04, 2025
GIA Reverting to More General Terminology for Lab-Grown DiamondsIt will quit assigning the stones specific color and clarity grades in favor of applying “new descriptive terminology.”
Events & AwardsJun 04, 2025
As JCK Talks Returns, Don’t Miss These 12 SessionsFrom design trends to sustainability, here’s a roundup of can’t-miss education sessions at JCK Las Vegas.
CrimeJun 04, 2025
10 Safety Tips for the Las Vegas Shows The Jewelers’ Security Alliance offers advice for those attending the annual trade shows.
MajorsJun 04, 2025
Amy Curran Promoted at Hill & Co.Her new role is director of strategic initiatives.
CollectionsJun 03, 2025
In Her Latest Collection, Viviana Langhoff Is Leaning Into GoldThe designer is embracing bold pieces with weight to them in “AU79,” a collection she celebrated with a creative launch party.
FinancialsJun 03, 2025
Signet Jewelers Sees Turnaround in Q1 With Sales Ticking Up 2%On an earnings call, CEO J.K. Symancyk discussed what’s working for the company and how it’s preparing for the potential impact of tariffs.
SurveysJun 03, 2025
Consumer Confidence Improves in May The index partially rebounded after months of decline, due in part to the U.S.-China deal to temporarily reduce import tariffs.
CollectionsJun 03, 2025
Dakota Johnson Is Roberto Coin’s New Brand AmbassadorThe actress stars in the latest campaign set in Venice, Italy, and is set to participate in other creative initiatives for the jeweler.
GradingJun 03, 2025
Mason-Kay Jade Adds ‘Fei Cui’ to Jade ReportsThe company has joined other labs, including GIA and Lotus Gemology, in adopting the Chinese term for "jadeite jade."
SourcingJun 02, 2025
Gemfields’ June Auction to Include 36-Carat RubyThe large stone will be offered at its June sale along with a selection of secondary-type rubies from a new area of the Montepuez mine.
GradingJun 02, 2025
GSI Opens New Lab in Thailand Located in Bangkok, the laboratory is Gemological Science International’s 14th location worldwide.
TrendsJun 02, 2025
Amanda’s Style File: Three Gems for June Those born in June have a myriad of options for their birthstone jewelry.
SourcingJun 02, 2025
David Allouche Joins Grandview Klein DiamondsThe diamond industry veteran has been named its senior sales executive.
FinancialsMay 30, 2025
Movado’s Q1 Sales Slip Amid ‘Challenging’ Retail Environment The company plans to raise the prices of select watches to offset the impact of tariffs.
Policies & IssuesMay 30, 2025
Tariffs & Designers: Navigating Pricing in an Unstable EnvironmentBetween tariffs and the sky-high cost of gold, designers enter this year’s Las Vegas shows with a lot of questions and few answers.
CollectionsMay 30, 2025
Piece of the Week: Renato Cipullo’s ‘Hematite Blaze’ NecklaceDesigned by founder Renato and his daughter Serena Cipullo, it showcases a flame motif representing unity and the power of gathering.
Policies & IssuesMay 30, 2025
Trade Court Declares Trump’s Tariffs InvalidHowever, the tariffs remain in effect in the short term, as an appeals court has stayed the U.S. Court of International Trade’s decision.
CollectionsMay 29, 2025
Britney Spears Files Trademark for New Jewelry LineThe pop icon is one step closer to launching her “B Tiny” jewelry collection, a collection she first began posting about last fall.
