chronext News - WatchPro USA

Pre-owned luxury watch market is worth $18.6 billion and growing fast

LEAD STORY NEWS Research by Rob Corder on October 9, 2020

Boston Consulting Group says that the global market for hard luxury items — primarily watches and jewelry — is worth €21 billion today and growing at 8% per year.

CHRONEXT & WATCHPRO SPECIAL REPORT: Rolex fires up pre-owned market

FEATURES NEWS Research by Rob Corder on October 6, 2020

Click to download Volume 2 of our Special Report on Pre-Owned Luxury Watches and the Secondary Market.

CHRONEXT & WATCHPRO SPECIAL REPORT: How pre-owned and the secondary market rebounded during the pandemic

FEATURES LEAD STORY NEWS by Rob Corder on July 30, 2020

Businesses that have been conceived primarily as ecommerce operations have weathered the storm better than those relying on brick and mortar retail, and the leading pre-owned and secondary market players have suffered far less than those in the primary market.

EXCLUSIVE RESEARCH: CHRONEXT & WatchPro Special Report on Pre-Owned Watches and the Secondary Market

FEATURES LEAD STORY NEWS by Rob Corder on July 15, 2020

In Volume 1, we focus on how the secondary market has performed during the first half of this year when the Coronavirus pandemic swept across the world.

Rolex Daytona and Pepsi prices recover on secondary market as shortages continue

NEWS by Rob Corder on July 14, 2020

Exclusive data released by CHRONEXT reveals an initial slump as the pandemic hit, but prices quickly recovered as manufacturing freezes cut supply.

Boris Johnson’s brush with death caused watch sales to crash

INTERNATIONAL NEWS by Rob Corder on June 15, 2020

Chronext CEO tells WatchPro the week when the prime minister was hospitalised with Covid-19 was the worst of the pandemic lock down.

WATCHPRO ORIGINALS: Chronext co-founder Philipp Man on the changing face of luxury watch trading

INTERVIEWS NEWS VIDEO by Rob Corder on June 9, 2020

Watch the video interview to find out how Chronext plans to become the largest luxury watch trading platform in the world, and what happened to sales in the UK when Boris Johnson was admitted to hospital with Covid-19.