Rolex Thefts on Rise as Luxury Watches Worth £1 Billion Missing

  • Rolex is most targeted brand, according to The Watch Register
  • Number of timepieces logged as stolen jumped 60% last year

Luxury watches worth more than £1 billion ($1.3 billion) have been reported as stolen or missing, with a surge in the number of thefts last year.

Around 80,000 watches have been registered as stolen or missing with The Watch Register, a company that helps owners, auction houses and dealers identify stolen timepieces for a fee.