The watch industry is awash with too much news to cover. Each week, we’ll break down everything worth knowing. This week: Glashütte Original’s new collection of COSC chronometers, the survival of the watch industry, a new era of hybrid smartwatches and more.
Most Excellent

At last year’s Baselworld, Glashüette Original unveiled the Senator Excellence, a dressy three-hand piece with the brand’s new Caliber 36 that meets the rigorus standards of the Official Swiss Chronometer Testing Institute (COSC). Glashüette has now added two new complications to the Excellence line: a panorama date and a moonphase as well. Both are available in steel and rose gold, and will range between $10,400 (steel panorama date) and $21,900 (rose gold moonphase) in price.
‘The Improbable Survival of the Luxury Watch Business’

Recent reports suggest an industry on the decline, but in today’s age of smartphones and affordable quartz watches, it seems like a wonder people pay thousands for high-end mechanical watches at all. British journalist and non-fiction author Simon Garfield takes a hard look at why the industry is still going.