Tag: Secondary Market

Chicago's Durk Derrick Banks, known professionally as rapper Lil Durk, is urging his fans to shop with authorized dealers after compatriot Lil Baby appeared to have been stung by a secondary market dealer with a fake Patek Philippe he bought for $400,000.

What happens when the free market damages the reputation of an industry's most successful brands?

Market for certified pre-owned watches is predicted to grow from a retail value of $19 billion in 2019 to over $30 billion in 2025. Here's why.

The company intends to issue new shares worth around CHF 250 million and also place existing shares from investors in an IPO.

Aglaé Ventures' participation in a €100 million funding round announced today is a sure sign that the luxury world has crossed the Rubicon when it comes to ecommerce and the potential of Chrono24 in what CEO Tim Stracke once told me would be a "winner takes all" market.

You simply cannot lose money of you are able to buy a Rolex Oyster Perpetual at an authorised dealer's retail price. 

Luxe Watches give way is part of its promotion and celebration for the opening of a new store in Epping.

The business says its ready-to-launch watch brands comes in a package that includes not only a fully equipped web shop, but also a Swiss watch brand with legacy.

A switch from blue to a green dial for Patek Philippe's hottest 5711 steel sports watch has taken none of the heat out the market, in fact it is much, much worse.

After a first quarter surge, driven mainly by rumours and then confirmations of discontinued watches, prices for the world's hottest watches from the likes of Rolex, Patek Philippe and Audemars Piguet are starting to cool.