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The world’s largest marketplace for luxury watches, Chrono24, reported its best year ever with the closing of 2020 – with a transaction, up 30% over 2019. Pre-owned watches made up approximately two-thirds of the past year’s sales, contributing heavy-handedly to the skyrocketing luxury resale market. Prior to Covid-19, luxury apparel and accessories consignment grew to $24 billion, and by 2023 the industry is projected to reach the size of $51 billion. With many consumers moving away from…
続きを読む>>Online Marketplace, Chrono24, Reports Resale Boom for Luxury Watches With Shoppers Embracing Pre-Owned Timepieces