Luxury giant LVMH is reshuffling the leadership in its watches division.
Watches
![Formula One driver Charles Leclerc, right, recently became an investor in watch e-tailer Chrono24. He is pictured with Tim Stracke, Chrono24 founder and current chairman of the board. (Photo courtesy of Chrono24) Formula One driver Charles Leclerc, Chrono24 founder and Chairman Tim Stracke](https://uploads.nationaljeweler.com/uploads/3e64c2581deab5b105ca63d35ea75e6f.jpg)
Charles Leclerc and his brother, Lorenzo Leclerc, have sunk money into the watch marketplace.
The Royal Oak Perpetual Calendar "John Mayer" was celebrated at a star-studded party in LA last week.
Latest in Watches
![Sam Hines, left, is now Sotheby’s chairman of watches while Geoff Hess has been promoted to global head of watches. Sotheby’s watch executives Sam Hines and Geoff Hess](https://uploads.nationaljeweler.com/uploads/fd1ad4dd8f270fdded88589b6ac6d264.jpg)
Sam Hines returns to the auction house as chairman, watches, while Geoff Hess moves up to the role of global head of watches.
![Rolex debuted the first 18-karat gold version of its deep-sea divers’ watch, the Oyster Perpetual Deepsea, at Watches & Wonders Geneva. It was one of 12 introductions from the brand. (©Rolex/JVA Studios) Rolex Oyster Perpetual Deepsea in 18-karat yellow gold](https://uploads.nationaljeweler.com/uploads/af81c7c3a8fbe7d8ca4e3edca25b2489.jpg)
The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.
![Collectability has hired watch expert Kelly Yoch as its personal curator. Kelly Yoch](https://uploads.nationaljeweler.com/uploads/19d25bf019b8d689d547258aadbb40f8.jpg)
The Patek Philippe expert will serve as personal curator for the brand-focused company.
![IGI BTYB National Jeweler Imagery-01.jpg](https://uploads.nationaljeweler.com/uploads/35d7374176c5c5efe26fa75fe449b136.jpg)
IGI can surpass your expectations when it comes to elevating your brand, protecting your business, training staff and more.
![Partnering with Starboard, TAG Heuer developed a sleek, modern interior with imagery that pays homage to the brand’s motorsport heritage. Interior of TAG Heuer Boutique on Carnival Cruise Ship](https://uploads.nationaljeweler.com/uploads/0a9ca904de18530baa9d3100015f2926.jpg)
The 553-square-foot shop is aboard the Carnival Jubilee cruise ship.
![](https://uploads.nationaljeweler.com/uploads/99a46b30cc354962ac2e29ecd113587a.jpg)
![Watch marketplace Chrono24 has introduced a new authentication program for pre-owned watches. Chrono24 watch inspection lab](https://uploads.nationaljeweler.com/uploads/42a518ceef9c6ce21a298d7563096a8a.jpg)
The program, now live in Europe, will roll out to the U.S. this summer.
![Watchmaker Jaeger-LeCoultre has opened its newly revamped flagship on New York City’s Madison Avenue. Jaeger-LeCoultre Madison Avenue NYC store](https://uploads.nationaljeweler.com/uploads/c1533b9ff064fe0e54c60133e6ef44c9.jpg)
The redesigned boutique features interactive displays and a workshop space for hands-on learning about watchmaking.
![Untitled design.jpg](https://uploads.nationaljeweler.com/uploads/583fbcb2bb839782810080debef35d3c.jpg)
As the demand for lab-grown diamond jewelry may still be increasing, the most notable change we are likely to see is price stabilization.
![This fall, Rolex will welcome the first class of students to the Rolex Watchmaking Training Center, its new, tuition-free school in Dallas. Students will learn to make and repair Rolex watches, like the Oyster Perpetual Day-Date 36 pictured here, during the 18-month course. Rolex Oyster Perpetual Day-Date 36 with affirmations](https://uploads.nationaljeweler.com/uploads/6e8905c3498ff2497efb1a642cf989d3.jpg)
The Rolex Watchmaking Training Center will welcome its first class this fall.
![Grand Seiko’s new flagship in New York City marks its largest store worldwide. Grand Seiko New York City flagship](https://uploads.nationaljeweler.com/uploads/faf90ffb298e5b9818212f02497c25b1.jpg)
Located on Madison Avenue, the store is its largest in the world.
![Frédéric Arnault, the former CEO of TAG Heuer, has been named CEO of LVMH Watches. Frédéric Arnault](https://uploads.nationaljeweler.com/uploads/fad6bc2f533a068d8743d64592c755b9.jpg)
The company also reshuffled its watch brand executives, naming new CEOs of TAG Heuer and Zenith.
![Rolex has until mid-February to appeal a recent decision by the Autorité de la Concurrence (French Competition Authority) to fine it approximately $100 million for its ban on online sales, which the authority has deemed unjustifiable. Rolex headquarters in Geneva, Switzerland](https://uploads.nationaljeweler.com/uploads/83058165bbdb64be414f35dbf4261ce3.jpg)
The luxury watch giant has two months to appeal the decision, which was handed down Dec. 19.
![Chrono24 co-CEOs Holger Felgner (left) and Tim Stracke (right) have chosen former McKinsey & Company executive Carsten Keller (center) as the company’s new CEO. Chrono24’s Holger Felgner, Carsten Keller, and Tim Stracke](https://uploads.nationaljeweler.com/uploads/fea842c79e0bc0dca27b2f79edde28f4.jpg)
Carsten Keller, who most recently worked for German e-tailer Zalando, will take the reins next year.
![At left, an ad for Universal Genève’s “Tri-Compax” watch that appeared in Europa Star magazine in 1952 and, at right, an ad for a women’s watch from the brand that appeared in a French magazine circa 1940. Breitling has announced plans to buy Universal Genève and revive the brand, which is coveted among collectors. Universal Genève vintage ads](https://uploads.nationaljeweler.com/uploads/c2833f94893c405ae0529145a97c314e.jpg)
Universal Genève is a collectors’ favorite that’s been around since 1894.
![On Dec. 6, Citizen celebrated the opening of its new flagship store on Fifth Avenue in New York. It is the company’s first multi-brand store in the North America, carrying Citizen on the first floor (seen here), as well as watches from Accutron, Alpina, Bulova, and Frederique Constant on the second floor. Citizen’s new flagship store in North America](https://uploads.nationaljeweler.com/uploads/8cab270ccef1d363b8c3c1baf4707e43.jpg)
It comes at a seemingly perfect time for the company, as watches are “hot” right now, says Citizen Watch America President Jeffrey Cohen.
![Chrono24 has introduced “ChronoPulse,” a luxury watch market index. Chrono24 ChronoPulse](https://uploads.nationaljeweler.com/uploads/0a683b49997c4a9d148241310b8c3b62.jpg)
The watch seller’s new index tracks sales data from 14 brands, including Rolex and Patek Philippe.
![Long’s Jewelers is now part of the Rolex Certified Pre-Owned program, which allows retailers within the brand’s official distribution network to sell pre-owned Rolex watches. Seen here is a Rolex GMT Master with the tag that comes with each certified secondhand Rolex sold. Certified pre-owned Rolex GMT Master](https://uploads.nationaljeweler.com/uploads/a4ec3ad841b438d199a0c31e1db29b66.jpg)
The authenticated watches will be available at two of the New England jeweler’s six locations.
![The Rowing Blazers x Bamford TAG Heuer Carrera is limited to 99 pieces. Rowing Blazers x Bamford TAG Heuer Carrera](https://uploads.nationaljeweler.com/uploads/a960d0ccea6526a7633a4e05d21773c9.jpg)
The Rowing Blazers x Bamford TAG Heuer Carrera is a match made in preppy heaven.
![The Rolex Perpetual 1908, pictured in 18-karat yellow gold with white dial and brown alligator strap. Rolex recently acquired longtime partner and retailer Bucherer, leaving authorized Rolex dealers with a lot of questions. Associate Editor Lenore Fedow spoke with Chrono24 CEO Tim Stracke and Hindman Auctions’ Reginald Brack to get some answers. Rolex Perpetual 1908 watch](https://uploads.nationaljeweler.com/uploads/84b6e445f2e30e661a61cb028ee9fb5a.jpg)
Chrono24 CEO Tim Stracke and analyst Reginald Brack of Hindman Auctions shared their thoughts on Rolex’s foray into retail.
![Comprising three models, Citizen’s new “Tsuki-yomi A-T” collection utilizes the “Luna Program” unique mathematical formula to calculate moon phase via signals from multi-band radio transmitters. Citizen Tsuki-yomi A-T moon phase watch](https://uploads.nationaljeweler.com/uploads/aa50f43fad6c344b5485c1159e2c38cf.jpg)
According to the watchmaker, it features the first light-powered atomic timekeeping moon phase movement.
![Timex has launched “Timex ReWound,” a new program that will upcycle or resell pre-owned watches of any brand sent in by consumers. Timex ReWound video screenshot](https://uploads.nationaljeweler.com/uploads/3cce553096b9dac4565f2fe277c7aea3.jpg)
The company just rolled out “Timex Rewound,” a new takeback and resale program.
![Charlize Theron is the face of the new Breitling Navitimer 36 and 32 timepieces. Charlize Theron in Breitling Navitimer watch campaign 2023](https://uploads.nationaljeweler.com/uploads/67739615d2ccc4c518e2efb43a344964.jpg)
They feature pastel and mother-of-pearl dials and lab-grown diamond accents.
![The Calvin Klein fall/winter 2023 watch and jewelry campaign features model Lila Moss. (Photo by: Daniel Jackson) Lila Moss for Calvin Klein](https://uploads.nationaljeweler.com/uploads/07eeabcb09dd65f972e62fa929af4bcf.jpg)
The model is the face of this year’s fall/winter collection.
![The Bucherer 1888 TimeDome store in Las Vegas. Rolex plans to acquire the Swiss watch retailer for an undisclosed amount. Bucherer 1888 TimeDome store Las Vegas flagship](https://uploads.nationaljeweler.com/uploads/63b1dc29457dd00cb9d50d75ea48e2ce.jpg)
The watch retailer, which has more than 100 stores, will keep its name and continue to run its business independently, said Rolex.
![Bulova’s latest addition to its Frank Lloyd Wright collection of watches is this limited-edition ode to the Imperial Hotel in Tokyo, which opened on Sept. 1, 1923 and celebrates its centennial this year. Bulova Frank Lloyd Wright Imperial Hotel watch](https://uploads.nationaljeweler.com/uploads/020416e1106a8578ccb1234bde7418dc.jpg)
Wright designed and built the Imperial Hotel between 1913 and 1922.
![The latest version of Breitling’s Navitimer watch refines classic elements in a sleek design. Breitling Navitimer B01 Chronograph 46 U.S. Limited Edition](https://uploads.nationaljeweler.com/uploads/f563ac9b70c0cad82853bb3fc563fd24.jpg)
The wristwatch was introduced in 1952.
![A new limited-edition run of the TAG Heuer Monaco Chronograph is decidedly old-school and, visually, would be as at home in the 1970s as it is today. TAG Heuer Monaco Chronograph Racing Blue Limited Edition](https://uploads.nationaljeweler.com/uploads/62407455859cc368fd8a334d74f81447.jpg)
The Monaco Chronograph Racing Blue Limited Edition pays homage to racecars of the late 1960s and 1970s.
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