Selling Pre-Owned Watches Is Like Running a 'Candy Store' as Trump's Tariffs Loom
Summary by Business Insider
2 Articles
2 Articles
All
Left
1
Center
Right
Selling pre-owned watches is like running a 'candy store' as Trump's tariffs loom
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…
·United States
Read Full ArticleCoverage Details
Total News Sources2
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage