American imports rose by 21% in March, along, and are up 18% for the year to date.
Research
Classic timepieces seen as a safe haven investment, according to the company's CEO John-Paul Savant.
Share prices for the major luxury conglomerates have risen sharply this week as hopes rise that the spread of Covid-19 Coronavirus is being contained.
Chrono24's Big Data gives us a crystal ball to see how Coronavirus affects the behavior of consumers and dealers.
Information lags behind the rapidly growing affect of the Covid-19 pandemic, but there were already signs in the week ending March 7 of building trends.
Switzerland's most successful watchmaking brands entered 2020 in good health, with the majority notching a rise in sales last year.
Carol Besler runs a rule over the traditional sub-$500 watch market and finds little cause for optimism.
From total sales of £894 million (around $1.16 billion), the world's biggest luxury watch brand brings in $616 million in the UK and United States.
However, 2020 Knight Frank Wealth Report finds sinking your cash into rare whiskey would have been a far better investment.
With Watches & Wonders cancelling today, and Baselworld hanging by a thread because of the Coronavirus outbreak, it would be easy to conclude that the industry would rather they simply never happened again. Not so, according to exclusive research by WatchPro, which surveyed 127 owners and buyers from the UK’s largest independent and multiple retail businesses, and found an overwhelming desire for the fairs to get their act together and return to their former strength.
