The Hour Glass buys Auckland's Mansors Jewellers, NZ properties

Singapore

LUXURY watch retailer The Hour Glass is expanding to New Zealand by acquiring Auckland-based Mansors Jewellers and two prime retail and commercial properties in the city, it said on Thursday.

The group is buying the entire operation of Mansors Jewellers, a family-owned business managed by three generations since it started in 1953. It represents a curated selection of luxury brands including Rolex, Cartier and Chopard and also manages New Zealand's only officially certified Rolex service centre.