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If you are in the market for a luxury Swiss watch now might be your best time to buy—just in time for the holidays. Subdial, a watch industry data provider,…
As interest rates hover at 22-year highs amid lingering inflation, the luxury surge seems to be slowing - and bringing down the value of items with it.
Burberry today warned waning demand for luxury goods is hammering sales as its half-year profits fell 15 percent compared to last year.
The Bloomberg Subdial Watch Index, which tracks prices of the 50 most traded watches on the secondary market, dropped 1.8 percent in October.
Prices for the most recent Daytona model have gained 4% since March 27, when Rolex discontinued it and unveiled a new version of the timepiece made famous by actor and racing car enthusiast Paul Newman.