Sales are already back to pre-pandemic levels at Chronext, according to the company’s co-founder and chief executive Philipp Man.
The Germany-based trading platform for pre-owned watches increased turnover by 87% in 2019 and Mr Man expects this calendar year’s growth to bounce back into strong double-digits.
It was announced in February this year that investors had pumped an additional €65 million into Chronext, and the mission now is to turn the business profitable by 2021.
Find out how Chronext plans to become the largest luxury watch trading platform in the world, and what happened to sales in the UK when Boris Johnson was admitted to hospital with Covid-19.
This and more feature in a wide-ranging interview with the German entrepreneur. Just click on the video above and don’t forget to subscribe to WatchPro’s Youtube channel if you like the WatchPro Originals series of interviews.