Around the Web: Patek, Tudor, and Rolex to Postpone 2020 Releases

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Today brings official word of the news that many have suspected for months would transpire: Patek Philippe, Rolex, and Tudor will be postponing new product announcements for 2020. We previously brought you the news that Patek had communicated to their dealer networks that no new products would be announced in the near term, and today Hodinkee has confirmed that all three brands will be holding off on new release announcements for the time being. 

The Black Bay P01 from Tudor, announced at Baselworld 2019.

This is major news from three pillar brands in the watch industry. According to the Hodinkee story, none of the three brands is making a firm commitment to launch products at any particular time. There are at least two distinct possibilities for each brand: wait until the next Baselworld fair in 2021, or announce products on their own terms at an interval that works for them. Either solution would of course depend on how the Covid-19 pandemic plays out across the world, and both could have major trickle down impacts on the business of authorized dealers, manufacturing, and Baselworld itself. 

Check out the story on Hodinkee here.

Zach is a native of New Hampshire, and he has been interested in watches since the age of 13, when he walked into Macy’s and bought a gaudy, quartz, two-tone Citizen chronograph with his hard earned Bar Mitzvah money. It was lost in a move years ago, but he continues to hunt for a similar piece on eBay. Zach loves a wide variety of watches, but leans toward classic designs and proportions that have stood the test of time. He is currently obsessed with Grand Seiko.
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