Timex Group Acquires Full Ownership of Daniel Wellington

On July 2, 2026, Timex Group announced the completion of its acquisition of Daniel Wellington, a globally recognized watch and jewelry brand. This strategic milestone follows Timex's initial 25% investment three years prior, enabling the company to focus on Daniel Wellington's growth through innovation and expanded capabilities.

Timex Group has collaborated with Daniel Wellington over the past three years in areas such as product development and brand storytelling. The full ownership allows Timex Group to leverage its global capabilities and infrastructure to accelerate the brand's growth while maintaining its unique identity and style.

CEO Tobias Reiss-Schmidt expressed confidence in the brand's potential and affirmed Timex Group's dedication to enhancing its position in design-led watches. Founder Filip Tysander emphasized the importance of preserving the brand's special character during its evolution. The financial details of the acquisition remain undisclosed.