Rolex and Patek Philippe are highly collectible because of their storied reputations. But some vintage American brands are gaining respect and recognition for their secondary market value from seasoned collectors. Watch the video for more details on some hot watch collecting brands to be on the look out for.
There’s a new kind of jewelry buyer out there. It should come as no surprise that customers are not spending as much on their baubles as they used to. And, that may not be the bad news to your bottom line that you may think. Its also not due to anything you or your staff did—or didn’t do. Blame it on the shifting tastes and spending habits of the American consumer, says Edahn Golan, an analyst for the diamond industry and author of the annual US State of […]
We’d really like to have a crystal ball to predict the impact that the smart watch will have on the luxury watch industry over the next year or so. And though we make no such claims to foretell the future, we do have the next best thing: Watch enthusiast and long-time collector Bob Markovich says the history of the digital watch business may very well repeat itself. See the interview here:
I hear from clients all the time how Blue Nile and other online retailers are cutting into their business. Some customers may come into your store to do their research, and then buy online. Others buy online and bring in their stones to be custom set by you. Either way, you’re losing out on that big juicy sale mainly because online retailers aren’t required by law to collect those state and local sales/use taxes that can add hundreds to the price of a piece of fine jewelry. […]
Now that luxury brand Hermes has teamed with Apple to launch the Hermes Smart Watch, it takes the digital device that can pay for your groceries, track your fitness activity, control your music—and, oh yes—tell time—to a whole new style level, thanks to that handsome leather strap. So does that mean mechanical watches, well, have to watch out for stiff competition from these new wrist gadgets?
According to recent stories in Forbes, Fortune, and the New York Times T Magazine, the short […]