chrono24

Bitcoin’s record-breaking rally raises hopes for a revival in luxury watch sales as shoppers gain new wealth. But the crypto investors of today aren’t who they used to be.

While demand still lags behind supply, some observers believe Swiss timepieces will see renewed interest in the face of tech fatigue and disillusionment with luxury fashion.

The secondary market for luxury goods holds significant promise, but there are several key challenges to overcome, writes Luca Solca.

The company raised more than €100 million, attracting investment from LVMH chief executive Bernard Arnault’s family office.

Watch brands must work hard to capitalise on the increasingly important second-hand market, while digital platforms will need to sharpen their business models.

Secondhand fashion platforms like Poshmark, Depop and Thredup are seeing high demand during the pandemic. But will it last?

The luxury watch market is facing challenges that are unlikely to be resolved any time soon, says Luca Solca.