Exclusive data from Chrono24 shows the power of internet rumors drove a massive spike in prices.
Stephan Kniewasser, while CFO at Teamviewer, laid the groundwork for an IPO that valued the business at $5.78 billion.
Chrono24
Market reacts to Patek Philippe's hottest reference of the past decade, the sporty steel Nautilus 5711/1A-010, being culled.
Three weeks after the pandemic hit, sales numbers began to rise rapidly around the world and have since remained stable at about 13% above pre-coronavirus levels with Rolex leading the way in this sense.
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.
Click to download Volume 2 of our Special Report on Pre-Owned Luxury Watches and the Secondary Market.
Insight from The Watches of Switzerland Group's quarterly financial update suggests demand has fallen faster than supply for key brands.
The right luxury watches have proved to be a sound investment before and during the Covid-19 crisis.
The surcharge is effective immediately, and will only be applied in the United States, a spokesperson confirmed to WatchPro.
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.
