The entry and rapid rise of a watch juggernaut like Rolex into the lucrative secondhand watch market has taken market share from secondhand dealers and marketplaces. But many sellers told Glossy that the ensuing growth of the entire market for secondhand watches has been worth the adjustment.
For the Luxury Briefing, Glossy looked at the different second-quarter performances of Moncler and Ermenegildo Zegna Group. Moncler was held back by weaker tourism and delayed winter purchases, while Zegna benefited from strong DTC…