U.S. customs agents in El Paso, Texas, intercepted the package, which would have been worth $9 million if the jewelry was genuine.
Swatch Group opens multi-brand boutiques in US
Swiss watch maker Swatch Group is bringing its multi-brand retail store, Hour Passion, to the United States, and the first shops will be in New York and Las Vegas.

New York--Swiss watch maker Swatch Group is bringing its multi-brand retail store, Hour Passion, to the United States, and the first shops will be in New York and Las Vegas.
The company opened the first U.S. Hour Passion store at 112 West 34th St. in New York City on Nov. 29 (Black Friday). The 2,500-square-foot store is across from the Macy’s flagship store in Herald Square.
The second Hour Passion store will be slightly smaller, about 1,500 square feet, and is scheduled to open later this month at the Aria Resort & Casino in Las Vegas.
The Hour Passion stores carry all of Swatch’s mid- to high-range brands, including Longines, Rado, Tissot, Hamilton, Flik Flak and more. Each brand has its own retail area within the store, using brand colors, materials and imagery.
Exclusive to the New York store is a mezzanine lounge for shoppers to familiarize themselves with select pieces.
“The U.S. market and the American consumer are very important to us. We feel that they should be served in the best way possible. The outstanding Hour Passion boutiques in New York and Las Vegas will give consumers a chance to experience some of our finest brands,” said Nick Hayek, president of the Swatch Group Management Board.
Swatch Group has more than 50 Hour Passion boutiques around the world, including in Switzerland, the United Kingdom, France, Ireland, Germany, Italy, Spain, Russia, Poland, Malaysia and China.
The news follows closely on the heels of the announcement that another major watch company, Japanese timepiece maker Seiko, is opening its first high-end boutique in the U.S. next year. The store, located on Madison Avenue in New York, is slated for completion in spring/summer 2014.
The Latest

Health monitors become statement pieces when paired with the brand’s new collection of stackable diamond-studded bands.

Ten organizations were selected this year.

Supplier Spotlight Sponsored by GIA

Kim Carpenter and Sam Gevisenheit have joined the brand.


“Shell Auranova” is the next generation of the brand’s bridal line, featuring half-bezel engagement rings with bold and fluid designs.

Boucheron and Pomellato performed well in an otherwise bleak quarter for Kering amid struggles at Gucci.

Six new retail businesses were selected for the 2025 program, which began in January.

Designer Deborah Meyers created her birds from oxidized sterling silver, rose-cut diamond eyes, and Akoya Keshi pearl feathers.

The company said it expects sightholders to remain “cautious” with their purchasing due to all the unknowns around the U.S. tariffs.

Sponsored by the Gemological Institute of America

Simon Wolf shares why the time was right to open a new office here, what he looks for in a retail partner, and why he loves U.S. consumers.

A third-generation jeweler, Ginsberg worked at his family’s store, Ginsberg Jewelers, from 1948 until his retirement in 2019.

The company failed to file its quarterly reports in a timely manner.

The organization also announced its board of directors.

Charms may be tiny but with their small size comes endless layering possibilities, from bracelets to necklaces and earrings.

Located in Valenza, the now 355,000-square-foot facility includes a new jewelry school that’s open to the public, Scuola Bulgari.

Paola Sasplugas, co-founder of the Barcelona-based jewelry brand, received the Fine Jewelry Award.

A platinum Zenith-powered Daytona commissioned in the late ‘90s will headline Sotheby’s Important Watches sale in Geneva next month.

The basketball stars wear men’s jewelry from the “Curb Chain” collection.

The Signet Jewelers-owned retailer wants to encourage younger shoppers to wear fine jewelry every day, not just on special occasions.

The 21 pieces, all from a private collector, will be offered at its Magnificent Jewels auction next month.

Lilian Raji answers a question from a reader who is looking to grow her jewelry business but has a limited marketing budget.

GCAL by Sarine created the new role to sharpen the company’s focus on strategic partnerships and scalable expansion.

The Indiana jeweler has acquired Scottsdale Fine Jewelers in Scottsdale, Arizona.

“Cartier: Design, Craft, and Legacy” opened earlier this month at the Victoria and Albert Museum in London.

Van Cott Jewelers in Vestal, New York, is hosting a going-out-of-business sale.