Luxury watch prices in the secondary market are tumbling, marking the accessory’s ninth consecutive quarter of price declines, according to Morgan Stanley. This trend is affecting brands high-end like Rolex and other Swiss brands as the introduction of new models in the primary market is contributing to these price drops. Yahoo Finance senior reporter Pras Subramanian analyzes the factors behind the ongoing pressure in the luxury watch sector.
#Rolex #luxury #youtube
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