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Andy Hoffman

Stay informed with Andy Hoffman’s coverage and analysis.

Seven friends toasting with glasses of beer
RetailNon-alcoholic beer is booming as GenZers stay sober—and brewers like AB InBev are looking to the Paris Olympics to cash in
By Sarah Jacob, Sabah Meddings, Andy Hoffman and BloombergJune 2, 2024
A Watches of Switzerland Group Plc store in London, UK.
FinanceRolex seller Watches of Switzerland sees stock soar on strong U.S. sales—despite it being an ‘underdeveloped market’
By Andy Hoffman and BloombergMay 16, 2024
An employee arranges a display of Omega SA watches in the window of a Watches of Switzerland Group Plc store on Regent Street in London
RetailTime’s up for Rolex? Cartier and Omega watches are holding their value better on the resale market
By Andy Hoffman and BloombergMay 8, 2024
Vintage Rolex watches in shop display window, London, UK.
LifestyleRare Rolex owned by famed collector Auro Montanari fetches record $3.5 million in Monaco sale
By Andy Hoffman and BloombergApril 22, 2024
The Rolex GMT Master II with a ceramic blue and red bezel
LifestyleRolex’s ‘Pepsi’ and ‘Starbucks’ outperform despite a halt in the luxury watch index
By Andy Hoffman and BloombergApril 10, 2024
Michael Schumacher of Germany and Mercedes GP
RetailMichael Schumacher’s family puts eight watches up for sale, including his F.P. Journe timepiece which could fetch millions
By Andy Hoffman and BloombergMarch 20, 2024
Rolex posts a record $11.5bn in sales—more than its top 5 competitors combined, Morgan Stanley says: ‘No other luxury brand can claim such a dominant position’
LifestyleRolex posts a record $11.5bn in sales—more than its top 5 competitors combined, Morgan Stanley says: ‘No other luxury brand can claim such a dominant position’
By Andy Hoffman and BloombergFebruary 29, 2024
watch shopper
Lifestyle‘I believe that we will never see this ever again’: High-flying Swiss luxury watch makers grounded as the great pandemic splurge peters out
By Andy Hoffman and BloombergDecember 8, 2023
An up close view of a package of several cigarettes
FinanceBritish American Tobacco says its U.S. cigarette brands are worth $32 billion less and it’s basically because of Gen Z
By Andy Hoffman and BloombergDecember 6, 2023
John Lennon’s Patek watch resurfaces years after suspected theft—and it’s one of world’s most valuable timepieces
LifestyleJohn Lennon’s Patek watch resurfaces years after suspected theft—and it’s one of world’s most valuable timepieces
By Andy Hoffman and BloombergSeptember 8, 2023
The 87-year-old billionaire behind Bucherer is selling his dynasty to Rolex—and the deal will reset the luxury watch business
EuropeThe 87-year-old billionaire behind Bucherer is selling his dynasty to Rolex—and the deal will reset the luxury watch business
By Tara Patel, Andy Hoffman and BloombergAugust 26, 2023
Brazil and China are saving AB InBev from its Bud Light trans marketing fiasco
FinanceBrazil and China are saving AB InBev from its Bud Light trans marketing fiasco
By Andy Hoffman and BloombergAugust 3, 2023
A customer buys the new edition Swatch AG Mission to Moonshine Gold MoonSwatch at its launch event in Tokyo, Japan
FinanceSoaring Rolex and Omega prices are not dampening demand for luxury Swiss watches in the U.S. and China
By Andy Hoffman and BloombergJuly 13, 2023
Cartier store in Moscow
RetailWealthy Russians are splurging on luxury jewelry and watches to preserve their savings
By Flavia Rotondi, Angelina Rascouet, Andy Hoffman and BloombergMarch 2, 2022
Dr. Anthony Fauci
HealthSome scientists think Omicron will end the COVID-19 pandemic. Anthony Fauci isn’t so sure
By Corinne Gretler, Andy Hoffman and BloombergJanuary 17, 2022
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Economy
The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and countingplaceholder alt text
By Jacqueline MunisJune 24, 2026
Success
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cupplaceholder alt text
By Orianna Rosa RoyleJune 23, 2026
Retail
Amazon's record Prime Day masks a darker truth: Americans are spending more and getting lessplaceholder alt text
By Nick LichtenbergJune 24, 2026
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