Morgan Stanley’s Top 50 Watch Brands for 2024, Rolex Still by far the . . . First, not only the combined estimated turnover of the top 50 brands has contracted over the course of 2024 – from 36,127 billion CHF to 35,258 billion CHF – but what impresses is the number of units sold, which moves from close to 16 million units to now a tad over 13 million units
Swiss watch exports slump in May as U. S. tariffs shake market The Swiss watch industry’s weakness matches a wider trend for the export-dependent country, as overall monthly foreign sales declined 42%, narrowing Switzerland’s trade surplus the most in
Luxury confronts slowdown amid economic headwinds and market . . . As these disruptive forces converge as headwinds for luxury businesses, the report cautions that turbulence may be luxury’s new baseline for an extended period – and that the €1 5 trillion revenue industry faces its first slowdown since the global financial crisis of 2008-09, excluding the temporary shock of the Covid-19 pandemic
Luxury Watch Prices Falling As Secondary Rolex Market Declines 8% This Year According to a report from the Boston Consultancy Group, they found that pre-owned sales reached an estimated $22 billion which accounted for almost one-third of the huge $75 billion luxury watch market This has caused the market to continue to grow, and is expected to reach $35 billion by 2026
Luxury Watches In Focus: How the Market Changed In 2024 From the top performers that dominated the industry, to the models with the most noticeable price increases, we’re analyzing the trends that are keeping collectors and enthusiasts alike on the edge of their seats We’ll also explore the innovative designs and stylistic trends that were in the spotlight in 2024 1
2025 Global luxury sales will slow but not collapse, study shows MILAN — Global sales of personal luxury goods are ”slowing down but not collapsing,” according to a Bain Co consultancy study released Thursday Personal luxury goods sales that eroded to 364 billion euros (US$419 billion) in 2024 are projected to slide by another 2 per cent to 5 per cent this year, the study said, citing threats of U
Luxury Watch Sales 2024: How Rolex Dominated the Used Market The Bob’s Best-Selling Luxury Watch Brands of 2024 In terms of brand market-share, Rolex as we noted accounts for 73 8% of all Bob’s Watches sales, while the next biggest is OMEGA watches at 7 2% followed by Tudor watches with 3 9%, Oris with 2 2%, and Cartier at 1 9%