Falling Rolex prices are fuelling a sales boom Retail The holiday season has always been pivotal for luxury watch sales, and this year brings a particularly promising outlook. Contrary to the usual holiday price hikes in many markets, the secondary watch market has seen notable price declines. Over the past year, prices for iconic brands like Rolex have dropped by an average of five [...]
Flexibility, feedback and social media: What Rolex or Patek Phillipe can learn from watch microbrands luxury Users are increasingly turning to watches that have a story.
The luxury watch market bubble has burst. What next for Rolex, Patek Philippe and Audemars? On time The pandemic-era boom, which saw luxury watch prices rise by 20 per cent in just the fourth quarter of 2021, is now over.
Chronofinder predictions: New Rolex models at Watches and Wonders 2024 April 3, 2024 For watch enthusiasts, the most anticipated moment of the year is just a few weeks away. Watches & Wonders is when the most prominent luxury watch brands worldwide, such as Rolex, Patek Philippe and Audemars Piguet unveil their latest creations and announce discontinuation. Among these brands, Rolex consistently commands attention, stirring anticipation in the luxury [...]
‘People got burnt’ the Rolex, Patek Philippe and Audemars Piguet luxury watch boom comes to an end March 30, 2024 The average price of a Rolex has fallen 8 per cent in the last twelve months to £20,768, while the average price of a Patek Philippe watch has fallen 14 per cent.