|
|
Signet Jewelers stock slides by 24% following disappointing holiday season sales
Signet’s North American retail outlets saw same store sales fall by 0.7% the nine weeks ending January 5, 2019 and reported sales drop by 2.1% to $1.67 billion. |
| |
|
|
IN DEPTH: Raising the standard for pre-owned watches
Watchbox is investing $30 million in buying Rolex watches that can be restored to mint condition and will set an industry standard of quality for pre-owned pieces from the brand. |
| |
|
|
Pre-owned watch market worth $17 billion according to respected luxury industry study
Bain & Company report says 80% of pre-owned luxury goods sold world-wide are watches and jewelry. |
| |
|
|
Chrono24 wants to close the digital divide between its online marketplace and its customers
Global pre-owned platform sees total transactions increase by 30% in 2018 according to its chief executive. |
| |
|
|
Richemont-owned Watchfinder provides transparency on demand-driven prices for pre-owned watches
Prices for watches from Richemont brands suffer in comparison to the hottest models on its own retail site. |
| |
|
|
Audemars Piguet to abandon multi-brand retailers within 3-5 years says CEO
Half of all AP watches are already sold by branded boutiques reveals Francois-Henry Bennahmias. |
| |
|
|
Retailers invited to Zurich for Swatch Group’s 2019 brand presentations
Swiss get together takes place in the same week as Baselworld. |
| |
|
|
Audemars Piguet lights up social media following controversial launch of Code 11.59
Mid-morning on day 1 and it was Audemars Piguet making the running as the brand with the greatest 'share of voice', most likely for the emotion stirred up by its Code 11.59 collection launch. |
| |
