Will Watches & Wonders 2021 Be Bad for Independents? | Market Wrap

He’s not a broken record – the watch market continues to strengthen week after week! Welcome to the latest episode of Market Wrap, during which Mike Manjos discusses the upcoming Watches & Wonders fair, consolidation within the pre-owned market, and everyone’s current obsession with Clubhouse. Reminder: Join us on Mondays from 4:00-5:00pm EST for a Market Wrap conversation on Clubhouse with collectors, friends, and people in the industry. All are welcome! Our show opens with three stand-out watches that arrived at WatchBox over the week, including a spectacular Rolex Submariner with a diamond and sapphire bezel (116659SABR), an old school Vacheron Constantin Overseas in yellow gold (42052/423J), and the Greubel Forsey Double Tourbillon 30 Degree Vision. For this week’s main segment, Mike turns his attention to the upcoming watch fairs. Watches & Wonders bit the bullet late last year and announced its shift to an all-digital event in April, during which 40+ brands – including major players in the market, Rolex and Patek Philippe – will present their novelties to a global audience. Will introductions from these powerhouse brands overshadow those from the industry’s beloved independent watchmakers? One of the unexpected perks of 2020 was an irregular cadence of watch introductions from brands large and small. And while we always look forward to new watches entering the market, Mike wonders where the collective attention will flow with concurrent digital introductions. Hodinke