Chronext postpones its IPO

Chronex, the online luxury watch sales platform, has decided to postpone its listing on the Zurich stock exchange. Normally scheduled for 8 October, the operation has been delayed due to unfavourable market conditions.

 

Although conditions are not optimal, Chronext and its shareholders remain determined to go public sooner or later, once market conditions have stabilised. This is according to a statement from the company, published on Wednesday.

 

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Featured photo : © Shane Lin

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Thanks to its extensive knowledge of these sectors, the Luxus + editorial team deciphers for its readers the main economic and technological stakes in fashion, watchmaking, jewelry, gastronomy, perfumes and cosmetics, hotels, and prestigious real estate.

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