State of the industry and timepiece market.
I've recently been having discussions with various second hand dealers here in Brazil about the current market trends (here at least). There seems to be a collective interest in switching "professions". One of them has decided to liquidate all of his stoc...
The market has changed significantly even in just the last month or so.
Hi, Fred, I've been travelling around the world since Aug/Sept and much of it has been to get a pulse on what is really happening "on the ground." I'll try to share in a bit more detail when I can (still traveling) but basically, the speculators, like mos...
AD inventories are way up . . . and they are dealing . . .
I was at a large retail store yesterday. Four months ago, they had three Panerais in stock, and they were firm on MSRP. Yesterday, they had 21 Panerais in stock, and they are openly offering discounts. Some of the increased inventory is likely in anticipa...
new pricing
I know a couple of people who work in watch/jewellry retailers. They have in the last few weeks had a boom time in selling really high end stuff (3 PP's in a weekend, one at £24k) etc,etc the difficulty lies in the more 'affordable' end, where this years ...