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Nov. 23, 2024
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Jewelry

Top luxury watch models outperform S&P 500 in annual resale returns: report

March 15, 2023

Secondhand sales currently represent nearly a third of the $75 billion dollar luxury watch market, according to newly-released analysis from pre-owned timepiece seller Watchbox and Boston Consulting Group. Secondhand sales currently represent nearly a third of the $75 billion dollar luxury watch market, according to newly-released analysis from pre-owned timepiece seller Watchbox and Boston Consulting Group.
Image credit: Patek Philippe

 

By Amirah Keaton

A growing population of wealthy watch owners are turning to timepieces to hedge against inflation and diversify portfolios, according to a new report.

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  1. Ferrari, Chivas Regal forge multiyear partnership
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  3. Off the Cuff: A Q&A with Steinway & Sons' Ben Steiner
  4. The Ritz Carlton, Missoni launch beach club in Bali
  5. Bentley renovates countryside estate in Cheshire
  6. Dior goes for gold with flashy J'adore campaign
  7. How Raoul Shah, a peripatetic agency exec, collected 500-plus “Do Not Disturb” door signs and begat a tome
  8. ‘Copy Nothing’ campaign defines next era at Jaguar
  9. Ginori 1735, St. Regis Hotels partner to scale branded cafe concept
  10. ‘Hermès in the Making’ pop-up continues world tour in Zurich
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