AGAINST THE CLOCK: 'They view the watch as an investment, not just a waste of money.' The generation keeping the luxury watch market hot streak going:
With waitlists ranging from six to 36 months to get a Rolex through the watchmaker’s authorized channels, secondhand shops hold inventory to supply walk-in customers.
One tourist from Texas stopped by to purchase a 26 mm Rolex Datejust watch for his wife after Macy’s sold out of the make. Iskhakov identified the watch through a photo and made the sale, years faster than if the tourist had gone to Rolex.But the secondhand market is also more expensive than the retail market. Watches in the grey market are anywhere from a couple of hundred dollars more than their brand-new counterparts at Rolex, to thousands of dollars more expensive if they are rare.
Luxury watches are not just for style and design. They are also used as an alternative investment, with some brands"They view the watch as an investment, not just a waste of money," Iskhakov said.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
30-50 Shoplifters Raid L.A. Mall, Steal $100K Worth of Luxury GoodsA group of an estimated 30 to 50 people raided a Los Angeles-area mall’s department store on Saturday and stole between $60,000 to $100,000 worth of luxury items, police officials claimed.
Read more »
Arsenal-Forest game delayed by 30 minutes because of problem at turnstiles at Emirates StadiumThe start of Arsenal’s opening Premier League game against Nottingham Forest was delayed by 30 minutes after a problem with the turnstiles at Emirates Stadium left thousands of fans unable to get in on time.
Read more »
5 Floor Exercises To Slim Down a Thick Waistline in Less Than 30 DaysRonny Garcia, CPT, shares with us some of the best floor exercises to slim down a thick waist in less than 30 days
Read more »
30 Businesses That Cleveland Desperately Needs, According to Reddit UsersReddit user Santa_Says_Who_Dis recently asked the question, 'What is a business or franchise that is badly needed in the Cleveland area?' The responses flooded in, with answers ranging from supermarkets and fried chicken places to taco joints, wholesale store brand liquor, breakfast buffets and more. We rounded up the best responses and are sharing them here with you, because when it comes to knowing Cleveland and robust discussions, the Cleveland Subreddit can't be beat.
Read more »
These 30 Celebrity Kids Are All Following in Their Parents’ Acting FootstepsSee which celebrity kids are hitting the acting spotlight!
Read more »
Russian Su-30 fighter jet crashes during training exerciseBoth crew members were killed after the plane went down in Russia's western Kaliningrad region.
Read more »