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Date Posted: Monday 7th October 2024
The Watches of Switzerland Group has announced the acquisition of the editorial and e-commerce site HODINKEE. The Watches of Switzerland Group aims to further HODINKEE’s mission of sharing the most engaging, educational and entertaining watch content. As part of the acquisition, HODINKEE founder and former CEO Ben Clymer will return to his leading position for the company for the first time since 2020.
HODINKEE's New York City-based Headquarters will continue in its current location, with all staff remaining to help realise the brand’s mission of being the foremost destination for all things in the world of horology, making watches and information about them accessible to all. HODINKEE will run independently as a leading editorial media organisation under the Watches of Switzerland Group umbrella. In a decision based on protecting an integral component of the industry, both teams have a shared goal of growing the global watch community and continuing HODINKEE’s journalism.
The Watches of Switzerland Group will also acquire functions behind HODINKEE’s Insurance. In partnership with Chubb, an insurer of valuable collections, HODINKEE offers maximised protection for watches and jewellery. PJT Partners acted as HODINKEE's exclusive financial advisor.
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