watch market News - WATCHPRO USA

Business

by Rob CorderJanuary 25, 2024January 25, 2024

Top Rolex watches to invest in today

Prices have been falling for almost two years for new and used watches on the secondary market, but that does not mean there are no longer profits to be made if the right Rolex watches are bought at their recommended ...

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LEAD STORY

by Rob CorderMay 16, 2023May 16, 2023

Rare Rolex and Patek Philippe watches break auction world records at Phillips

Super-collectors and top end watch traders parted with over $50 million during a week of auctions by Phillips in Association with Bacs & Russo in Geneva last week. ...

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DAILY NEWS

by Staff WriterMay 12, 2023May 12, 2023

Rolex “Kermit” is top of the lots at Dorotheum’s upcoming auction

Over 200 different wrist and pocket watches will go under the hammer at Dorotheum’s upcoming big spring auction. ...

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LEAD STORY

by Rob CorderMay 12, 2023May 12, 2023

Richemont rules out sale to LVMH

Johann Rupert, chairman and controlling shareholder of the group, dismissed the possibility during this week's results briefing for the 2022-23 financial year, which reported a 14% rise in sales to €20 billion. ...

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NEWS

by Rob CorderFebruary 20, 2017April 13, 2017

BREAKING NEWS: Sales rise 10% for British watch retailers in January

2017 has begun just as 2016 ended for watch retailers, with sales of models priced at over £1000 notching impressive year-on-year growth, but sales of cheaper pieces declining. The latest data from retail analyst GfK shows the value of the ...

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EDITOR'S CHOICE

by Rob CorderFebruary 15, 2017

GfK analyses 2016 – a tumultuous year for watch retailers

GfK has been providing monthly retail data and analysis for many years for WatchPro. But we have never experienced a year like 2016, as luxury watch sales took off and fashion and lifestyle totals tanked. Trying to make sense of ...

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DAILY NEWS

by Kathryn BishopAugust 15, 2016August 12, 2016

Analysts forecast 9% decline for Swiss watches in 2016

A new report by Macquarie Group, a provider of financial, investment and funds management services, forecasts a 9% decline in Swiss watch demand and exports in 2016. Macquarie states it has reviewed its expectations for Swiss watch demand for the ...

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INTERNATIONAL

by Staff WriterJuly 24, 2012

Chinese watch market dips in Q1

By Deepa Narwani In the first quarter of 2012, the performance of watches in China experienced a dip in sales as the overall market entered a low season. According to retail analyst GfK’s newsletter, in the first quarter of the ...

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