First Dufry, then Yoox-Net-a-Porter, now Watchfinder – “another step in Richemont's strategy”

First Dufry, then Yoox-Net-a-Porter, now Watchfinder – “another step in Richemont's strategy”

INTERNATIONAL Swiss luxury group Richemont is entering the burgeoning pre-owned watches market, following an agreement to acquire 100% of Watchfinder.co.uk Limited. Announcing the deal yesterday, Richemont described Watchfinder as the leading pre-owned premium watch specialist The privately held company was established in 2002.

It has grown organically under the stewardship of co-founder Stuart Hennell to become the leading platform to research, buy and sell premium pre-owned watches, both online and through its seven boutiques, Richemont said. Watchfinder operates a customer service centre and has around 200 employees worldwide. Richemont Chairman Johann Rupert said, ““Sixteen years ago, Watchfinder’s founders foresaw the need for an online marketplace for premium pre-owned timepieces Watch enthusiasts themselves, they established Watchfinder to provide excellence in customer experience We believe there are substantial opportunities to help grow the company further.

Today, Watchfinder operates both as an ‘online’ and ‘offline’ business in a complementary, growing, and still relatively unstructured segment of . More

Popular products near you

Chris Ploof Storm’s Eye Damascus with Stepp...

US $605.00

Liberty Diamonds, Irvine

Hermes Hermes Gambade earrings

US $2,075.00

Hermès Costa Mesa, Costa Mesa

14K White Chatham® Created Alexandrite & 1/8...

US $1,007.74

Medallion Jewelers, Portland

Temple St. Clair 18K Lion Cub Earrings

US $3,450.00

Bloomingdales, North..., Chicago

Popular Posts

Introducing CODE41 – A Swiss Watch Brand That's Out of the Ordinary

Since its creation in 2016, the Lausanne-based CODE41 brand, founded by Claudio D'Amore, has always ...

read more

Audemars Piguet Embraces Talent With an Immersive Exhibition in Tokyo

Haute Horlogerie manufacturer Audemars Piguet celebrates the innovative individuals who have elevate...

read more

A Guide to the Most Famous Rolex Watches With Slang Names

Whereas slang is often thought to only describe aspects of burgeoning youth culture, it's relevance ...

read more

Garmin Venu: AMOLED screen plus Always-On mode and battery life measured in days (hands-on)

The Garmin Venu is the company's new smartwatch for everyone, but instead of the frugal screens Garm...

read more

Subscribe to our Newsletter

Get the best news about jewelry and watch industries,products and services