Has the Secondhand Luxury Watch Market Bottomed Yet?

Has the Secondhand Luxury Watch Market Bottomed Yet?

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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The video discusses the fluctuations in the secondary market valuations of watches, highlighting a recent stabilization after a period of rapid growth. It examines the impact of global events like Russia's invasion of Ukraine and China's market closures on the luxury watch market. The relationship between watches and cryptocurrencies is explored, noting less volatility in watches. Dealer strategies during market changes are analyzed, and the potential for market recovery, particularly in China, is considered. The video concludes with speculation on future trends and the rise of independent watchmaking brands.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of watch dealers borrowing money to buy more stock during price increases?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What trends are observed in independent watchmaking brands as mentioned in the text?

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