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Watches of Switzerland Acquires Hodinkee to Expand US Presence

The acquisition aims to bolster Watches of Switzerland's market share while maintaining Hodinkee's editorial independence.

Overview

  • Hodinkee, a leading watch enthusiast platform, will continue to operate independently under its founder Ben Clymer, who returns as CEO.
  • The acquisition is part of Watches of Switzerland's strategy to enhance its ecommerce capabilities and brand awareness in the US market.
  • Hodinkee's retail operations will be integrated into Watches of Switzerland's existing channels, while its editorial content remains impartial.
  • The deal includes Hodinkee's watch and jewelry insurance services, expanding Watches of Switzerland's consumer offerings.
  • Watches of Switzerland, a prominent luxury watch retailer, seeks to leverage Hodinkee's engaged audience of over 20 million annual visitors.