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The Hour Glass Ltd (Hour Glass) is a retailer of watches, jewelry, and other luxury products. It offers watches under various brands including Jaquet Droz, Kari Voutilainen, Junghans, MB&F, Rolex, Omega, Rado, NOMOS Glashutte, Piaget, Oris, Tissot, TAG Heuer, Zenith, Rado, Grand Seiko, Hublot and Panerai. The company sells its products through retail stores and online platforms. Its network of standalone brand and multi-brand boutiques are located in the key luxury retail corridors across Asia-Pacific region. The company has presence across Singapore, Malaysia, Thailand, Hong Kong, Vietnam, New Zealand, Japan, and Australia. Hour Glass is headquartered in Singapore.
The Hour Glass Ltd premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Luxury Products | Akrivia |
| Watches | BALL Watch |
| Jewelry | Bell & Ross |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In June, the company acquired Kennedy Watches & Jewellery’ Rolex dealership in Australia for AUD90 million. |
| 2022 | Corporate Changes/Expansions | In December, the company and MB&F opened the first MB&F lab in Singapore. |
| 2022 | Corporate Changes/Expansions | In July, the company opened new Hublot boutique in Hanoi. |
Competitor Comparison
| Key Parameters | The Hour Glass Ltd | Emperor Watch & Jewellery Ltd | Cortina Holdings Limited | Aspial Corp Ltd | Oriental Watch Holdings Ltd |
|---|---|---|---|---|---|
| Headquarters | Singapore | Hong Kong | Singapore | Singapore | Hong Kong |
| City | Singapore City | Hong Kong City | Singapore City | Singapore City | Hong Kong City |
| No. of Employees | 236 | 738 | 718 | 321 | 570 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Henry Tay Yun Chwan | Chairman | Executive Board | 1987 | 81 |
| Ho Mang Chan | Chief Financial Officer | Senior Management | - | - |
| Michael Tay Wee Jin | Managing Director; Director | Executive Board | 2020 | 49 |
| Christine Chan Meng Yook | Secretary | Senior Management | - | - |
| Norman Ho | General Manager | Senior Management | 2019 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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