5 Reasons To Contemplate Apple Refurbished Merchandise - AppleMagazine

ZURICH, April 7 (Reuters) - Swiss luxury watch brands have extended regarded as the marketplace for pre-owned watches as a prospective threat to their business enterprise, but now their view is shifting as they see it can give valuable insights into pricing and demand. Watchfinder has just launched a home collection service to make transactions easier for the duration of the pandemic. Reis mentioned prices for popular Rolex, Patek Philippe or Audemars Piguet models had increased by about 25% and smaller sized independent brands like H. Moser & Cie, F.P. Justin Reis, chief executive of pre-owned platform WatchBox, said the size of the pre-owned watch industry was estimated at $16 billion and WatchBox's business was increasing about 25% per year, such as final year, when sales of new watches took a extreme hit. Initially noticed as cannibalising sales of new watches, the pre-owned market place has turn out to be the ideal spot to assess the value of a watch over time and deliver liquidity to watch owners who want to trade in their watch for a new 1.

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