Richemont-owned pre-owned watch specialist Watchfinder will sell a selection of watches via revolution.watch and its partner site therake.com.
Cyrille Vigneron expected to take charge with Jérôme Lambert moving to head up Online Distributors.
watchfinder
$850,000 Breguet 5349 Double Tourbillon turns up on Richemont's pre-owned watch trading site.
Backlash against pre-owned watch evangelist Danny Govberg comes from Richemont, the owner of direct rival Watchfinder.
Cooling prices on secondary market, coupled with staggering wait lists, make searching for steel subs largely pointless.
Watchfinder poses the question as investigation exposes the advanced techniques that counterfeiters are using to produce Rolex lookalikes
Stock buy-back is wound up as group reports "right-sizing of watch inventories at multi-brand retail partners, and the adjustment of supply to the true level of end-customer demand".
Watchfinder's buy back guarantee is a not insubstantial gamble because prices are already so inflated.
Richemont’s acquisition of Watchfinder for a rumored £250 million earlier this year has sparked a gold rush of companies looking
François-Henry Bennahmias, the widely respected CEO of Audermars Piguet, says that the prices of watches sold on the secondary market
