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Has the Luxury Watch Market Peaked?

An uncertain economy and free falling resale prices have created a sense of unease in the category, but watch dealers and experts say the best is still ahead.
A The Patek Philippe Nautilus 5711/1A watch on a wrist.
The Patek Philippe Nautilus 5711/1A watch is among the highly coveted models that peaked in value on the secondary market earlier this year. According to WatchCharts, its average resale price has fallen 16 percent in the past six months. (Eric Wind)

Earlier this fall, vintage watch dealer Eric Wind was concerned about the state of his industry.

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Further Reading

The Future of Watches

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

The Future of Watches: The Mid-Market Squeeze

Mid-market watch brands must revitalise their branding, refine their product offerings and create more intimate connections with consumers, or risk foregoing revenues of up to $2.5 billion by 2025.

About the author
Cathaleen Chen
Cathaleen Chen

Cathaleen Chen is Retail Editor at The Business of Fashion. She is based in New York and drives BoF’s coverage of the retail and direct-to-consumer sectors.

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