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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.
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.
Exclusive data released by CHRONEXT reveals an initial slump as the pandemic hit, but prices quickly recovered as manufacturing freezes cut supply.
Chronext CEO tells WatchPro the week when the prime minister was hospitalised with Covid-19 was the worst of the pandemic lock down.
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.
Germany-based Chronext says it has secured a path to profitability with the additional venture capital cash injection.
German secondary market business wants to drive international growth into the UK, Asia, Australia and the United States.
Secondary market prices provide measurable health checks for the popularity of key models. WatchPro investigates what's hot and what's not right now.
Germany-based specialist, which will open a North American hub this year, puts the quality of its customers' experience at the heart of its global growth plans.
Analysis of a luxury market report by Bain & Company suggests that the current secondary market for watches is already worth more than $17...