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Rolex Kermit Jumps Off A Cliff Amid Continuing Secondary Market Slump

Rolex Kermit Jumps Off A Cliff Amid Continuing Secondary Market Slump
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Time to buy? Why the prices of Rolex and other luxury Swiss watches keep falling

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,…

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Is now the time to invest in luxury assets? Cost of used Rolexes have fallen to two-year lows while polished diamonds have dropped 20% - but experts urge caution against scooping up goods while they re cheap

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.

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Is the luxury goods bubble bursting? Burberry s American store sales fall 10 percent as inflation-weary shoppers turn their backs on designers - after prices of used Rolexes fell to two-year low

Burberry today warned waning demand for luxury goods is hammering sales as its half-year profits fell 15 percent compared to last year.

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Prices of used high-end Rolex and Patek Philippe watches hit two-year low as luxury boom during the pandemic comes to an end - so, is NOW the time to invest?

The Bloomberg Subdial Watch Index, which tracks prices of the 50 most traded watches on the secondary market, dropped 1.8 percent in October.

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