GOLDTIME

What GOLDTIME does

GOLDTIME a.s. is a privately held Czech joint-stock company headquartered in Prague-Libeň that operates as the exclusive distributor for Citizen watches and as a multi-brand wholesale distributor for approximately 16 watch and jewelry brands (including Bulova, Bering, Police, Swiss Military Hanowa, Hanowa, Telstar, Accutron, Maserati, Timberland, Kenneth Cole, Sternglas, Boss, Lacoste, Ti Sento, Engelsrufer, and Renata) in the Czech and Slovak markets. Its core business is the wholesale supply of branded watches and jewelry to an authorized dealer network across the Czech Republic, complemented by company-owned CORIAL retail stores, direct e-commerce via goldtime.cz, and an authorized service center providing warranty and paid repairs for Citizen and other distributed brands.

The product offering is concentrated in branded timepieces spanning men's, women's, children's, unisex, and pocket watches across dress, sports, diving, aviation, smart, and fashion styles, with price points from approximately 4,100 Kč for entry-level Citizen Sports (AW5000-24E) to 33,100 Kč for premium mechanical-automatic models such as the limited-edition Citizen Series 8 NB6035-55H GMT. Underlying technology is brand-side rather than GOLDTIME-developed, with the company channeling proprietary features including Citizen's Eco-Drive light-powered movement, Super Titanium with Duratect surface hardening, Satellite Wave GPS timekeeping, the Caliber 9051 anti-magnetic movement, and Accutron's electrostatic movement. Adjacent categories include alarm clocks and silver/steel jewelry (Engelsrufer, Ti Sento).

GOLDTIME generates revenue through three streams: retail watch and jewelry sales through CORIAL stores and goldtime.cz; wholesale distribution to authorized dealers and other retailers; and authorized service and repairs. The company operates a multi-channel go-to-market combining physical retail, wholesale partners, e-commerce, sports sponsorships (Citizen's ISU figure skating partnership since 1982, Telstar with McDonald's Cup), brand-specific social media, and an editorial blog. Headcount is reported in the 51-100 range; revenue, ownership, and detailed financial data are not disclosed in the source material.

Name

GOLDTIME

Legal name

GOLDTIME a.s.

Website

https://goldtime.cz

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

51–100 employees

Short description

GOLDTIME a.s. is a Czech wholesale distributor and exclusive Citizen watch partner operating the CORIAL retail chain and authorized service center across the Czech Republic and Slovakia, serving consumers and authorized dealers with 16 watch and jewelry brands.

Ownership category

akta.pro rank

Product category

Watch and Jewelry Distribution

NAICS

Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers (42394), Jewelry Retailers (45831)

SIC

Wholesale-Jewelry, Watches, Precious Stones & Metals (5094), Retail-Jewelry Stores (5944)

akta.pro primary industry

Watch Retail (Authorized Dealers, Boutiques, Omnichannel) (CRAKADAL)

akta.pro secondary industry

Fine Jewelry Wholesale & Trading (CRAKAAAL)

Keywords

• Watch distribution
• Wholesale timepieces
• Jewelry retail
• Authorized watch service
• Premium watch brands

Headquarters

HQ city

Liben

HQ country

Czechia

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Retail Watch Sales: Direct sales of watches and jewelry through CORIAL retail stores and e-commerce platform. Products include watches from Citizen, Bulova, Bering, and other branded partners.
2. Wholesale Distribution: GOLDTIME acts as exclusive distributor and wholesale supplier of watch brands to authorized dealers across the Czech Republic.
3. Authorized Service and Repairs: GOLDTIME operates authorized service centers for warranty and paid repairs of Citizen and other brand watches.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

GOLDTIME a.s. is a Czech wholesale distributor and retailer specializing in branded watches and jewelry. Operating from Prague since 1991, the company holds exclusive distribution rights in the Czech Republic for Citizen and distributes 15 additional international watch and jewelry brands (Bulova, Bering, Police, Swiss Military Hanowa, Maserati, Engelsrufer, Ti Sento and others). It sells through its own CORIAL retail chain, an authorized dealer network, e-commerce at goldtime.cz, and wholesale channels to other retailers, and operates a factory-authorized service center for warranty and paid repairs.

Product overview

GOLDTIME is a Czech watch and jewelry retailer and wholesale distributor operating as exclusive distributor for Citizen and Pandora brands, with company-owned Corial retail stores. The product portfolio centers on watches from 16 brands including Citizen (Japanese, Eco-Drive light-powered), Bulova (American, Accutron technology), Bering (Scandinavian minimalist), Police (fashion/lifestyle), Swiss Military Hanowa (Swiss sports), and others. Additional categories include alarms, silver jewelry (Engelsrufer, Ti Sento), and steel jewelry. The offering spans men's, women's, children's, and unisex watches across dress, sports, diving, aviation, and fashion styles, with price points from approximately 4,100 Kč to 33,100 Kč for premium models.

Differentiator

Problem solved

Functional benefit

Brands

• CORIAL: Own retail chain of watch stores operated by GOLDTIME, with stores across the Czech Republic.

Quantifiable outcome

• Citizen sells approximately 4 million Eco-Drive watches globally per year
• +1 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature5 records

Partnerships

Eight partnerships are on record, tiered core, flagship and minor.

• ISU (International Skating Union)coreGTM or Marketing Partner · 1 January 1982Citizen has been the main sponsor of ISU figure skating championships since 1982, making it the longest-running official sponsor in the sport.
• CitizenflagshipTechnology or IntegrationGOLDTIME is the exclusive distributor for Citizen watches in the Czech Republic. Citizen is the flagship brand distributed by GOLDTIME, featuring proprietary Eco-Drive light-powered technology and Super Titanium materials.
• BulovacoreTechnology or IntegrationGOLDTIME distributes Bulova watches including the Accutron electrostatic movement collection. Bulova was founded by Czech-born Josef Bulova in 1875.
• BeringcoreTechnology or IntegrationGOLDTIME distributes Bering watches - a Scandinavian brand known for minimalist design, ceramic, sapphire glass, and arctic-inspired aesthetics.
• PolicecoreTechnology or IntegrationGOLDTIME distributes Police watches and jewelry - a brand known for bold, masculine designs with Italian styling.
• Swiss Military HanowacoreTechnology or IntegrationGOLDTIME distributes Swiss Military Hanowa - Swiss-made sports watches with military heritage, celebrating 50 years in 2013.
• CORIALflagshipChannel Partner/ Reseller/ DistributorCORIAL is GOLDTIME's own retail chain of watch and jewelry stores operating across the Czech Republic, selling all distributed brands.
• McDonald's CupminorGTM or Marketing PartnerTelstar is an official partner of McDonald's Cup, Europe's largest youth football tournament with 80,000 children participating annually from nearly 3,000 schools.

Scale indicators3 records

Recent moves1 record

Expansion highlights5 records

Direct peers

• Chronext: Chronext is a European online retailer specializing in new and pre-owned luxury watches. Comparable to GOLDTIME's online watch retail operations, though focused primarily on the secondary market and digital channels.
• Chrono24: Chrono24 is a global online marketplace for new and pre-owned watches connecting buyers with sellers worldwide. Comparable to GOLDTIME as a multi-brand watch distribution platform with strong e-commerce presence, though Chrono24 operates as a marketplace rather than a traditional distributor.
• Jomashop: Jomashop is a major US-based online retailer of watches, jewelry, and luxury accessories. Comparable to GOLDTIME's e-commerce distribution of multi-brand watches, though focused on the US market and discount-led positioning.

Regional players

• The Hour Glass: The Hour Glass is a leading specialty watch retailer in Asia-Pacific operating over 50 boutiques. Comparable to GOLDTIME's authorized multi-brand retail model, though focused on Asia-Pacific geographies rather than Central Europe.
• Goldsmiths: Goldsmiths is a UK-based jewelry and watch retailer operating under the Watches of Switzerland Group. Comparable to GOLDTIME as a multi-brand watch retail specialist, though focused on UK geographies rather than Central Europe.

Broad incumbents

• Watches of Switzerland Group: Watches of Switzerland Group is the largest specialist watch retailer in the UK and US, operating showrooms for premium and luxury watch brands. Comparable to GOLDTIME in the authorized multi-brand watch retail model, though at significantly larger scale and broader geographic footprint.
• Bucherer: Bucherer is one of Europe's largest watch and jewelry retailers, now owned by Rolex. Comparable to GOLDTIME as a multi-brand authorized watch retailer with European footprint, though operating at significantly larger scale and broader luxury positioning.

Others

• Citizen Watch Company: Citizen is the Japanese watch manufacturer whose exclusive distribution arrangement anchors GOLDTIME's portfolio. Comparable as the principal supplier relationship rather than direct competitor; relevant for understanding brand strategy and proprietary technology direction.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about GOLDTIME