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Investing in pre-owned jewellery

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The pre-owned watch and jewellery market is experiencing explosive growth, capturing nearly half of all global luxury resale trade and expanding at a rate of 8% annually,
outperforming the luxury industry as a whole. This trend is also evident in South Africa, with local pre-owned luxury reseller Luxity reporting an 32% increase in sales of watches and jewellery over the year alone.Co-founder, Michael Zahariev elaborates.
5 Aug 2024 3PM English South Africa Business News · Investing

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