Openwork: Inside the Watch Industry

On July 31, the United States announced a new reciprocal tariff rate of 39% on imports from Switzerland, starting August 7, 2025. These tariffs have sweeping implications for the Swiss watch industry and the global watch industry more broadly.

On this episode of Openwork we discuss those effects, along with what to look for next. How will negotiations play out? And how will the watch industry navigate future tariffs?

Hosted by Ashe...

Today, it’s cars vs. watches. In particular, we’re looking at the automotive world, which is often compared to the watch industry—including on this podcast—to see what it might teach us about watches.

Our guest is Wesley Smith, the founder of STANDARD H, a California-based apparel and lifestyle brand inspired by his lifelong passions for cars, watches, travel, and design. With over 20 years of retail experience—from surf shops to l...

Today we’re talking about the rise of certified pre-owned programs – the current state of the CPO universe, the value of those programs, and where it’s all going.

And to do that, we have the perfect returning guest, Hamza Masood of WatchCharts – the world's most comprehensive, transparent and trusted source of watch market data. Hamza and WatchCharts were among the first to track and call-out the rise and growing importance of cert...

We’re half way through 2025, which has turned out to be a very eventful year to say the least, and that very much shows up in the data for the watch market. So today we’re looking at all the data sources we can muster to understand just how the watch industry is faring at the midway point of 2025, and where it might be heading next.

We looked at a wide variety of sources from WatchCharts, to trade press, to FHS export data and more...

Having made the transition from watch enthusiasts to industry insiders and retailers in particular, we’ve come to realize that there are often big gaps between what commands attention in watch media and among collectors vs. the commercial realities.

Many of the so-called “truths” we hold sacred as enthusiasts aren’t really true after all. So today on Openwork, we’re myth busting – taking a look at some of the widely held beliefs in...

We discuss watchmaking in America – specifically what’s required to bring watchmaking at scale back to the United States. It’s a hot topic these days, particularly as U.S. tariffs, which have been dominating the news, are intended at least in part to bring manufacturing back to the United States. So with that in mind, we thought it would be worth taking a look at what would actually be required to restore the American watch industr...

Editorial integrity and independence in the watch world. It’s a hot topic, and one we’ve explored before. But that was before today’s guest penned her open letter to the watch industry published in Robb Report titled: "Watch Execs Need to Learn to Respect Journalistic Boundaries."

Victoria Gomelsky is editor-in-chief of JCK, a New York City-based jewelry trade publication founded in 1869. Her writing on watches, jewelry and travel ...

We’re going inside the industry response to the double whammy of US tariffs and foreign exchange rates. We’re going to address common myths, offer a look behind the scenes at the industry response, and discuss the implications for watchmaking in the US.

For detailed show notes, including links to more information, visit collectivehorology.com/blog.

Hosted by Asher Rapkin and Gabe Reilly, co-founders of Collective Horology, Openwork...

We delve into the results of the Spring 2025 Collective Voice Survey, our twice-yearly report on how collectors feel about all things watches.

Our Spring 2025 survey offers a fresh look at what’s on the minds of watch enthusiasts—what excites them, what frustrates them, and how those feelings translate (or don’t) into actual buying behavior. Just like our inaugural survey in Summer 2024, this round was packed with thoughtful, candi...

After a busy week in Geneva, we recap the most interesting watches we saw that aren't otherwise getting much attention. Visit the Collective blog for show notes with live photos and links: collectivehorology.com/blog.

Hosted by Asher Rapkin and Gabe Reilly, co-founders of Collective Horology, Openwork goes inside the watch industry.

You can find us online at collectivehorology.com. To get in touch with suggestions, feedback or ques...

Recorded at Watches and Wonders 2025, we look at the current state of the show, some of the most interesting releases from a business standpoint, and even a few personal highlights.

Hosted by Asher Rapkin and Gabe Reilly, co-founders of Collective Horology, Openwork goes inside the watch industry.

You can find us online at collectivehorology.com. To get in touch with suggestions, feedback or questions, email podcast@collectivehorol...

These days, it seems like independent watchmakers and brands are everywhere – celebrated in watch media, on display at major retailers worldwide, hotly discussed in collector circles, and of course gaining share in an otherwise entrenched industry. But it’s an overnight success decades in the making. And today we have the perfect guest to guide us through the rise of the independents: Tim Jackson.

Tim is a passionate a...

We’re joined by Praneeth Rajsingh, CEO of Horologer MING, to discuss the realities of watchmaking in Switzerland. While most watch brands are incredibly secretive about production, MING is remarkably transparent. So we invited Praneeth to discuss how exactly watch production in Switzerland works – warts and all. We discuss how the brand has evolved to be able to produce watches using movements and components from a wide range of pa...

Auction houses – they loom large in the world of watch collecting. Their lots, eye-popping results and personalities are followed feverishly by watch media and enthusiasts. But how much do we really know about these seemingly august, vaunted and shadowy institutions? How exactly do auction houses work? And what are the implications for the watch community?

And today, we have the perfect guest to shine a light on the inner working o...

On February 7, 2025, Swiss media outlet Bilanz reported that Rolex is shutting down the Carl F. Bucherer watch brand, which it acquired in 2023 as part of its purchase of Bucherer – the global watch retailer. The decision to shutter any watch brand, particularly one dating back to 1888 with significant in-house watchmaking is major news. And it’s a story with broader implications for the watch industry at large. So with that in min...

Homages, replicas and clones, oh my! Today we’re digging into the business and ethics of what’s a perennial and now growing segment of the watch market. This is a complex topic, with important distinctions to be drawn between homages and replicas, clones or dupes. And more broadly, it’s one that sheds important light on technology and production gains across the industry globally.

Fortunately, we have the perfect guest to guide us ...

On this episode of the Openwork podcast, we look at luxury pricing. Of course, we’ve already done a deep dive on how watches are priced. (Check out our episode with Mike Margolis of Czapek and Singer Reimagined for that.) However, in the past, we’ve largely focused on how inputs like cost of labor, materials, inflation and currency exchange impact pricing. But there’s of course more that goes into pricing for watches and luxury goo...

It's that time of year: Predictions. On this episode we look at the year ahead, and make three calls each about the future of the watch industry. We discuss brand and retailer consolidation, market performance, business models for watch media, as well as enthusiast sentiment. We also take a look back at our 2024 predictions, and grade ourselves on their accuracy.

Hosted by Asher Rapkin and Gabe Reilly, co-founders of Collective Hor...

On this episode we look back on the business of watches in 2024. In particular, we discuss where the watch market is as we close out the year. Is it growing, stalling, or as some would claim in retreat? To help us break it all down, we’re joined by returning guest Hamza Masood of WatchCharts – the world's most comprehensive, transparent and trusted source of watch market data. It’s a service we at Collective subscribe to for its va...