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Hong Kong pushes for top slot in vintage watch sales; Seiko help keep athletes on track; Only Watch solidifies its place in the industry; Austy Lee’s designs draw a bigger crowd; private museums add lustre to Asia’s jewellery

Celebrity fashion is fuelling a trend for unusual timepieces, from pendants to chokers and anklets

London-listed retailer’s shares drop 30% as it lowers guidance following ‘volatile trading’

Gem-set timepieces dominate this year’s releases, reflecting high-ticket demand for models made from jewels and precious metals

Luxury brands are stepping up investment as collectors place value on age-old skills such as engraving and enamelling

Incentive wanted

Supreme Court decision comes as anger mounts over groups discharging sewage into rivers and coastal waters

Government is testing new trading market in drought-prone Cambridgeshire

Cox chief expects needs to rise at 10-15% rate a year as company seeks to raise €300mn on Madrid Stock Exchange

Greek, Italian and Spanish islands reliant on rationing, tankers and desalination as global warming and tourists sap reserves