The Latest Breaking News from Omega

Watches of Switzerland CEO says prices rising as supply still outstripping demand and new showrooms open

Although a crewed mission to the red planet may still be years away, Omega in partnership with the European Space Agency (ESA) has already designed the Speedmaster X-33 Marstimer for the expedition as well as for space travel enthusiasts and passionate collectors.

CEO Brian Duffy, 'Inherent strengths have seen us attract new consumers and continuously gain market share'

Watch sponsorships are not unusual for athletes. Rolex sponsors Phil Mickelson and Roger Federer, Michael Phelps is a brand ambassador for Omega, which is owned by The Swatch Group (OTC: SWGAY), and now Richard Mille has a special-edition Rafael Nadal wa

At the turn of the 20th century, Omega was one of the first companies to commercialise wristwatches, whose small size embraced feminine wrists.

Even as household spending pressures rise, Watches of Switzerland Group said sales could reach £1.5bn over next year

Company currently required to pay £300,000 monthly until its acquisition is completed - expected to be in early summer

Launched in 1999, Omega's Co-Axial Escapement allows for less friction and lubrication along with greater reliability due to its smaller contact surfaces. The mechanism works as a sculptural wonder in a cinematic landscape portrayed in Omega's new campaign titled "Looks Magical, Works Beautifully".

Omega's long history of divers' watches began in 1932, with the first commercially-available Marine model housed in a patented double case.