The luxury watch market bubble has burst. What next for Rolex, Patek Philippe and Audemars? April 20, 2024 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.
Demand for Rolex and Tag Heuer watches slump as demand in China falls March 19, 2024 Monthly exports of pricey Swiss watches such as Rolex and TAG Heuer have fallen for the second time in three years, led mainly by lower deliveries to Greater China and Hong Kong.