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Selling Pre-Owned Watches Is Like Running a 'Candy Store' as Trump's Tariffs Loom

Summary by Business Insider
Douglas Kaplan of Bob's Watches has spent nearly 30 years in the industry.Carl Court/Getty ImagesPre-owned watch sales rose 20% at Bob's Watches from March to May amid luxury price hikes.Rolex, for example, plans to increase prices due to tariffs and rising gold costs.Swiss watch exports to the US surged 149.2% in April to get ahead of tariffs, a report said.While luxury retailers are bumping up the prices of watches, the pre-owned market is sit…

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MR Magazine broke the news in on Monday, June 2, 2025.
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