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Switzerland: Philippe Stern, former president of Patek Philippe, has died

Zurich - Patek Philippe announced on Monday the death of its former president, Philippe Stern. He represented the third generation at the helm of the prestigious, family-owned Swiss watchmaker. The father of the current president, Stern served as president of the company from 1993 to 2009. He “passed away on June 14, 2026, in his 88th year,” the...

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Fairs

Rolex, Patek Philippe ditch Baselworld to create new watch fair

Five of the world's biggest luxury watchmakers, including Rolex, Patek Philippe and Chanel, announced Tuesday they would withdraw from Baselworld to create a new watch fair. Joined by jeweller Chopard and Rolex subsidiary Tudor, the brands that for decades were considered pillars of the iconic fair in the northern Swiss city of Basel have...

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