The big three auction houses – Phillips, Sotheby’s, and Christie’s – sold watches for a combined total of $108m in a single weekend, dispelling concerns of a slowdown in the pre-owned market. Phillips sold all lots offered at its Geneva Watch Auction XVII, in association with Bacs & Russo, bringing in over $52m, with two […]

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Retail sales in Hong Kong across all categories were HK$ 36 billion during July 2017, rising by 4% in value terms and 4.6% in volume terms year-on-year, according to figures released by the government, with the jewellery and watches segment recording one of the highest increases. Over the first seven months of 2017, total retail […]

The post HK Retail Sales Rise for 5th Consecutive Month Buoyed by 13% Spike in Jewellery & Watches appeared first on The Jewelry Magazine.