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Luxury watch retailer Watches of Switzerland reported a 17 per cent increase in turnover for the quarter ending 29 January.
Buy a second-hand Rolex from an authorised dealer – Bucherer is the first dealer signed up – and it will come authorised as genuine by the watchmaker, under one condition.
There is a surging interest in the second-hand market for luxury handbags, which are increasingly seen as long-term investments.