The Hour Glass Limited (SGX: AGS) is one of the world’s leading specialty luxury watch retail groups with an established presence of 40 boutiques in 11 key cities in the Asia Pacific region.
The Hour Glass’ network of multi-brand and standalone boutiques are all strategically located in the key luxury retail corridors of Singapore, Kuala Lumpur, Bangkok, Phuket, Ho Chi Minh, Hanoi, Hong Kong, Tokyo, Sydney, Melbourne and Brisbane. It takes immense pride in being the official retailer for a carefully curated selection of luxury watch brands including Rolex, Patek Philippe, Audemars Piguet, Hublot, Richard Mille, A. Lange & Sohne, Breguet, Cartier, Jaeger-LeCoultre, IWC, FP Journe, MB&F, Omega, TAG Heuer, Tudor and the like.
The group also deals in luxury properties and owns high-end retail and commercial properties throughout Asia. Most noteworthy was the purchase of two high-end Australian properties for $37.2 million in 2015.
The group also owns Watches of Switzerland, a watch retail chain in Singapore that deals in mid-tier to high-end Swiss timepieces. The group acquired the chain in October 2014 from the Gee Melwani Group for $13.3 million.
Traded as: SGX: AGS
Industry: Watch Retailer