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Pre Owned Market

All articles tagged with #pre owned market

U.S. Imposes 39% Tariff on Swiss Watches, Sparking Industry Outrage
world7 months ago

U.S. Imposes 39% Tariff on Swiss Watches, Sparking Industry Outrage

The US has imposed a 39% tariff on Swiss imports, including luxury watches like Rolex and Cartier, which could lead to higher prices for new Swiss-made watches in the US and a surge in demand and prices in the pre-owned market. This tariff increase, set to take effect on August 7, may cause a significant shift in the watch market, with collectors turning to secondhand options as prices for new watches rise.

"Rumors Swirl as UK's GAME Considers Ending Trade-Ins"
gaming2 years ago

"Rumors Swirl as UK's GAME Considers Ending Trade-Ins"

Rumors suggest that the UK's biggest video game retailer, GAME, is set to stop accepting trade-ins, marking the end of an era for the chain that has been a staple in the gaming industry for 30 years. This decision reflects the challenges faced by physical media in a primarily digital space, and could potentially signal a wider trend in the industry. If true, this move may prompt similar actions from gaming retailers in the U.S. and highlights the evolving landscape of the pre-owned market.