PAWNSHOPS GET HIT IN THE SWEET SPOT - LUXURY WATCHES
As the retail is getting slammed by Mobile and the eCommerce, big retailers like Wal-Mart, GameStop, and now Audemars Piguet.
Used merchandise is becoming the most valuable asset class and everyone is getting into it.
Audemars Piguet will be opening 20 stand alone used stores and believe the used market is 20 times the size of new watches.
Many Pawn Brokers have found this niche to be very significant. Audemars will be taking all brands.
https://www.businesslive.co.za/bd/companies/2018-01-16-audemars-piguet-to-sell-second-hand-watches-in-stand-alone-shops/
Used merchandise is becoming the most valuable asset class and everyone is getting into it.
Audemars Piguet will be opening 20 stand alone used stores and believe the used market is 20 times the size of new watches.
Many Pawn Brokers have found this niche to be very significant. Audemars will be taking all brands.
https://www.businesslive.co.za/bd/companies/2018-01-16-audemars-piguet-to-sell-second-hand-watches-in-stand-alone-shops/
