A year of the rabbit for watch brands?
China, which weighed on watch exports at end 2022, will be the key to activity in 2023, a year that opens with mixed prospects. Will China’s impact on luxury sales be as great as in 2021?
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What next for the pre-owned market?
Once dismissed as a hang-out for unscrupulous traders touting fakes, in little more than a decade the pre-owned watch market has grown to remarkable proportions and is expected to surpass sales of new watches. Consultancy firm LuxeConsult predicts this reversal in roles for 2033.
Antiquorum: a behind-the-scenes look at an auction house
Antiquorum has a longstanding presence in Geneva and Hong Kong, and recently opened an office in Monaco. A specialist in watches, the auction house recently branched out into jewellery. Romain Réa explains how a sale is put together.
The new Rolex Submariner
Rolex is introducing the new generation of its Oyster Perpetual Submariner and Oyster Perpetual Submariner Date, watches that exemplify the historic links between Rolex and the world of diving.
Light at the end of the "Covid tunnel" for luxury groups
Half-year results for the main luxury groups show that sales fell by between 25% and 45%. Signs of an upturn are beginning to appear, in particular at points of sale.
