Today (October 4, 2024) marks a major shift in the watch industry. Hodinkee, the leading voice in modern watch media, has been fully acquired by Watches of Switzerland, a massive UK based retailer with operations around the world including in the US.

Only a few months ago, Ben Clymer, founder of Hodinkee – and as of today, a President at Watches of Switzerland – announced that the publication was shuttering their retail business and going to back to focus on “the basics” (i.e., their editorial product).

So what does this all mean for Hodinkee, its stakeholders, and of course the industry at large?

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@collectivehorology.com.

We discuss the current landscape of movement suppliers and how it came to be. We cover how movements are selected by watchmakers, along with the drama that often surrounds the ever-popular “in house” vs “mass produced” discussion. We offer some thoughts on how, why or if movement design, finishing and construction should figure into a purchasing decision.

Correction: On this podcast, we claimed that Czapek's SXH5 movement is designed by Czapek and produced by Chronode. That is incorrect. The movement is in fact in-house – both designed and produced by Czapek themselves. Most components are manufactured by Czapek, while some are supplied by third-party partners before being finished and assembled by Czapek.

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@collectivehorology.com.

Earlier this summer, we asked you – our listeners – to participate in a short survey in order to hear your perspective on the current state and future of the watch industry. The responses poured in, and on today's episode, we delve into what you shared. A massive thanks to those who responded. Your responses were incredibly thoughtful, helpful, and surprising.

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@collectivehorology.com.