Day: 13 October 2025

The secondary market for pre-owned watches has witnessed its first price rise in over three years, with a notable 1.5% increase in Q3 2023, predominantly driven by strong performances from luxury brands Rolex and Patek Philippe. While Rolex demonstrated resilience with a 1.3% value uptick, Patek Philippe’s value retention succumbed to -4.7%. Despite this hopeful recovery, concerns linger over retail price hikes potentially dampening consumer demand and the overall sustainability of the market resurgence, amid mixed results across major watch groups.

Watchfinder & Co. has launched its third showroom in France at La Vallée Village, marking a significant step for pre-owned luxury retail in the region. As part of the prestigious Bicester Collection, this new boutique allows customers to explore over 400 certified timepieces from iconic brands including Rolex and Cartier. Watchfinder’s country manager, Adrien Fourlegnie, emphasized the importance of this milestone, noting the growing appetite for pre-owned luxury goods in France. With sales in Continental Europe soaring from £28,000 to £3.6 million since 2018, Watchfinder is poised to redefine luxury shopping by offering expert consultations and a diverse range of high-end watches.

Emerging watchmaker McQuaide will showcase its distinctive Damascus steel timepieces at the WatchPro Salon in London on October 31 and November 1. Founded last year, the brand prioritizes unique dial patterns, with its flagship Q1 diver watch available in three striking colours. Upcoming releases promise 39mm Damascus steel cases and additional vibrant options, offering collectors a chance to explore the fusion of artistry and craftsmanship in horology.

Sotheby’s is poised to showcase the Olmsted Complications Collection this December, featuring over 80 rare timepieces from the 19th and 20th centuries, with an estimated auction value exceeding $4 million. Highlights include two unique Patek Philippe double-movement pocket watches commissioned by industrialist John Motley Morehead III and a rare Patek Philippe paperweight clock. The collection, celebrated for its extraordinary craftsmanship and storied provenance, will be exhibited in Hong Kong, London, and Geneva before culminating in New York on December 8.

The recent increase in H-1B visa fees has cast a shadow over India’s jewellery sector, compelling experts to warn of potential layoffs and the offshoring of skilled roles. While only 5-10% of the workforce in this sector relies on H-1B permits, the added financial burden—alongside existing tariffs—poses a significant challenge. Industry leaders argue that Indian professionals have been instrumental in shaping the US jewellery market, and any shifts in their employment status could resonate through consumer demand, particularly among Indian communities in the US during key cultural events.

The luxury goods sector is grappling with rising gold prices, which have doubled in recent years, putting pressure on profit margins for major companies like LVMH. As the owner of Tiffany prepares to release its third-quarter sales, analysts project flat overall sales and a 4% decline in the fashion and leather goods sector. Despite the challenges, jewellery brands are expected to show modest growth, with analysts predicting that gradual price hikes may help mitigate the impact of increased material costs. However, caution is advised to avoid alienating consumers amidst fluctuating economic conditions.

Christopher Ward has unveiled the C12 Brooklynite, a striking homage to Brooklyn’s Williamsburg Savings Bank Tower. Limited to just 100 pieces, this exquisite watch features a champagne-toned dial adorned with Art Deco motifs and is powered by the in-house calibre CW-003 for exceptional accuracy. Priced at $4,995, it will make its debut at the Windup Watch Fair in New York City in 2025, with a select 30 units available exclusively at the event. The C12 Brooklynite not only captures architectural elegance but also promises cutting-edge precision.