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Luxury watch prices are moderating on the secondary market, ... demand in the luxury watch market continues to steady after a boom and bust in 2021-22. Especially in the US. ... The best books of ...
If you are in the market for a luxury Swiss watch now might be your best time to buy — just in time for the holidays. Subdial, a watch industry data provider, reported that its Bloomberg Subdial ...
Watches of Switzerland reported revenue jumped 19% to $2.02 billion for the fiscal year ending April 30, matching street estimates, with adjusted EBITDA climbing 24% to $263.6 million. "FY23 was ...
A Patek Philippe pocket watch. This list of most expensive watches sold at auction documents the watches sold at auction worldwide for at least 1.5 million US dollars.The final price listed is the total price paid by the buyer converted to US dollars, according to the currency exchange rate at the time of auction.
Based on current market prices, this equates to an estimated value of $46 billion for this period. Including production from 2020 onwards, Submariner watches' total value could exceed $50 billion. While the luxury watch market has experienced significant growth and volatility, precise figures for annual Rolex production have yet to be discovered.
By 2017 grey market sales of luxury watches were "upending the global watch industry," according to Barron's; exports of new watches from Switzerland fell 10% in 2016 and there was a glut of inventory of new watches, driving prices down. [10]
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