Even before COVID arrived, though, the basic trend in fine watchmaking was already clear: prices go up, not down; global demand for luxury watches is stronger every year; supply does not match demand nor is it likely to in the foreseeable future. And overall, fine watchmaking has undergone premium-ization – https://tinyurl.com/3mptwwuu link even as production has gone https://is.gd/d4Oaqf link up, prices have gone https://v.gd/sJChSx link up as well, well beyond what you'd expect from inflation alone.

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