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The total worth of registered lost and stolen luxury watches has reached £1.6 billion, increasing by £150 million in a year
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Market News
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The total worth of registered lost and stolen luxury watches has reached £1.6 billion, increasing by £150 million in a year
The UK-based Watch Register, the world’s largest database of lost and stolen watches, added £150 million worth of stolen luxury timepieces in 2024, bringing the total registered value to £1.6 billion, with UK losses alone accounting for £60 million. The most commonly stolen luxury watches were Richard Mille models, with the top 10 alone worth over £2.4 million, including a Richard Mille 72-01 valued at £300,000. The five most valuable recovered watches were all Patek Philippe, collectively worth £450,000, with several found in different countries from where they were stolen. Since 2023, over 30,000 stolen watches have been registered, and in 2024, an average of 21 high-end watches were reported missing daily, increasing from 19 per day in 2022-2023 and 12 per day in 2021. |
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Company News
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Chaumet Solitaire Mall boutique opening in Riyadh
In February 2025, Chaumet debuts its latest boutique at Solitaire, one of Riyadh’s most prestigious shopping destinations. Drawing inspiration from the Parisian elegance of Place Vendôme, the space offers an immersive experience into the Maison’s refined world. Expanding its presence in the Middle East, Chaumet opens its largest boutique yet, providing a deeper dive into its exceptional craftsmanship. This milestone marks the brand’s fourth boutique in Saudi Arabia, reinforcing its commitment to offering unparalleled luxury to its esteemed clientele. |
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Suzanne Code Jewelry opens new flagship store in Dubai Mall
Suzanne Code, one of the world’s most innovative and contemporary high jewelry brands, opens its first Dubai store. The sophisticated boutique at Dubai Mall offers discerning clients the opportunity to experience exquisite stones, skilled craftsmanship and timeless design. Suzanne Code’s luxury Dubai store follows on from the successful opening of the Europe boutique in 2020. Worn and loved by celebrities including Rihanna, Heidi Klum and Amanda Seyfried, plus supermodels Valery Kaufman and Shanina Shaik, Suzanne Code now takes an exciting step into a new region. |
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Product Launch
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Chopard celebrates International Day of Happiness with radiant Happy Diamonds creations
The International Day of Happiness, established by the United Nations in 2012, echoes Chopard’s deep conviction that even the smallest gestures can send ripples of positivity. Therefore, this celebration serves as the perfect occasion to spotlight Chopard’s own legacy of joy, embodied in its exclusive Happy Diamonds concept - a symbol of Joie de Vivre and free spiritedness since 1976. In honour of this radiant day, the Maison introduces enchanting new creations, including new square Happy Diamonds pendants and the dazzling Happy Sport 36 mm Joaillerie timepiece, furthering its tradition of blending playfulness, emotion, and audacity. |
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Piaget introduces the Limelight Gala Precious by Shamsa Alabbar
While time takes on a sacred rhythm during Ramadan, Piaget unveils an exceptional precious timepiece that harmonizes with the spiritual heritage of the region. For more than half a century, the Limelight Gala watch has stood as a symbol of Piaget's artistry, blending elegant design with technical prowess. This Ramadan, Piaget collaborates with Emirati designer Shamsa Alabbar to bring her signature Token design to life, blending the Maison’s craftsmanship with Shamsa’s contemporary take on Arabic typography. A powerful emblem of heritage, the Token symbolizes power, unity, and balance bringing her distinctive vision that celebrates both tradition, heritage and artistry during the holy month.
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Introducing the Régulateur Gravé Bleu by Louis Erard
Louis Erard reimagined the iconic sector dial, a hallmark of 1930s watchmaking, while incorporating its signature Régulateur design with its distinctive vertical display of time indicators. This technical and aesthetic precision highlights the key elements: time segmentation, optimized readability, concentric circles, and a railway track motif. Engraved markers, treated with a brilliant galvanic finish, create a subtle interplay of relief against the finely grained blue dial, all housed in a polished 39mm steel case. A minimalist design that ensures a clear and elegant reading of the time. Le Régulateur Gravé Bleu joins Louis Erard's Noirmont Métiers d'Art collection, embodying the very soul of the brand, which has been rooted in the Swiss Jura region since 1992. |
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Bianchet unveils the B 1.618 UltraFino watch
Bianchet has recently introduced the B 1.618 UltraFino, a stunning fusion of artistry and engineering in the realm of Haute Horlogerie. With its flawless balance of form and function, the UltraFino reimagines the tonneau-shaped sports watch, setting a new benchmark for elegance and performance. At its core lies Bianchet’s inaugural automatic flying tourbillon movement, the ultra-thin UT01 caliber, crafted from titanium and designed based on the Golden Ratio (1.618). Blending refined design with exceptional technical innovation, the UltraFino offers outstanding performance and comfort, making it the perfect choice for connoisseurs seeking sophisticated timepieces that complement modern life. |
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Garrard's Lotus Collection: A Timeless Evolution of Elegance
Garrard introduces the Lotus Collection, a bold evolution of a storied motif, transforming a historic icon into refined, modern silhouettes. Reimagining nature’s bloom, the collection balances striking form with purity and radiance. Inspired by the Garrard Lotus Flower Tiara, originally created for The Queen Mother in 1923 and now worn by Catherine, Princess of Wales, the collection is a powerful expression of renewal, transformation and enduring beauty. Defined by its stylised marquise-shaped motif, the Lotus Collection balances symmetry and fluidity, echoing the natural harmony of its namesake flower. |
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MUSE by NANIS ITALIAN JEWELS: A Celebration of Women’s Beauty and Boldness
MUSE by NANIS ITALIAN JEWELS, a collection that celebrates every woman as the star of her own story. Inspired by iconic figures who have made history with their personality and style, MUSE invites you to become your own source of inspiration. Beaded chokers, button earrings, bracelets and rings crafted from 18kt gold and diamonds are brought together in a narrative of sophisticated versatility, transforming the classic into the contemporary. With its minimalist, sophisticated design, the MUSE collection invites every woman to celebrate her beauty, uniqueness and boldness, becoming the muse and the author of her own story. |
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Introducing Samra’s Thaman Turath Collection: redefining elegance with a modern touch
Introducing Samra’s Thaman Turath Collection, a stunning new fine jewelry line crafted to inspire women to embrace their individuality and sense of direction. Derived from the Arabic word Thaman, meaning "value," this exquisite collection reflects Samra’s commitment to precision, craftsmanship, and innovative glamour, celebrating the timeless allure of geometry and artistry. The Thaman Turath Collection redefines elegance through a seamless blend of bold shapes, delicate details, and modern sophistication. Each meticulously designed piece—ranging from necklaces to rings - embodies grace, strength, and individuality. By harmonizing tradition with contemporary design, the collection’s geometric flair transcends trends, offering jewelry that resonates with timeless sophistication and meaningful artistry. |
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Toonz by Aysh & Zozo’s Fit unveil exclusive charm collection at FAME Dubai
Toonz by Aysh has teamed up with fashion icon Zozo’s Fit unveiled an exclusive limited-edition charm collection at the upcoming FAME pop-up in Dubai. This collection features three distinctive designs - the Evil Eye, Palm Tree, and Cherries - each inspired by Zozo’s favorite emojis, blending playful elements with high-jewelry craftsmanship. The collection will be showcased at The Fridge, Alserkal Avenue, offering a unique opportunity for jewelry enthusiasts to experience and acquire these exclusive pieces firsthand. |
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Celebrity News
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Selena Gomez shines in Messika at the 31st Annual Screen Actors Guild Awards
Selena Gomez lit up the red carpet at the 31st Screen Actors Guild Awards in a midnight blue gown, enhanced by exquisite Messika jewelry. For the occasion, she wore the High Jewelry Pear Appeal earrings along with the Night Owl and Fiery rings, adding a touch of elegance to her stunning look. As a presenter and a winner with her Only Murders in the Building cast for Outstanding Performance by an Ensemble in a Comedy Series, Selena celebrated with grace and charm - a well-deserved victory that reaffirms both her talent and her status as a red-carpet fashion icon. |
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