Now Reading
Shortage of luxury watches leads to strong growth in the second-hand market

Shortage of luxury watches leads to strong growth in the second-hand market

View Gallery

While demand for luxury watches has soared since the start of the Covid-19 pandemic, four of the biggest watch brands – Rolex, Patek Philippe, Audemars Piguet and Richard Mille – are reporting shortages of certain models.

 

Certain watches, especially those produced in limited series, are becoming scarce. As a result, a growing proportion of sales are now made online, via websites for the resale of second-hand luxury watches. More and more start-ups are entering this field with the aim of becoming the dominant force.

 

See Also


[…]

This article is reserved for subscribers.

Subscribe now !

Get unlimited access to all articles and live a new reading experience, preview contents, exclusive newsletters…

Already have an account ? Please log in.

Featured photo : © Pixabay

What's Your Reaction?
Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

COPYRIGHT 2021 LUXUS + ALL RIGHTS RESERVED

Scroll To Top