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ChronoPulse Watch Index: Secondary Market for Luxury Watches Declined Slightly in the Second Quarter of 2024

ChronoPulse Watch Index: Secondary Market for Luxury Watches Declined Slightly in the Second Quarter of 2024

Chrono24 analyzes the performance of the secondary market for luxury watches in the second quarter of 2024 Prices for luxury watches fall by almost one percent Cartier watches with comparatively high increase in value, Vacheron Constantin watches lose the most value Karlsruhe, Germany (July 16, 2024): After signs of a possible recovery in the secondary market for luxury watches in the first quarter of 2024, Chrono24 details that overall performance fell slightly again in the second quarter. At -0.99%, the average loss in value on the secondary market is moderate, but in the same quarter of 2023, prices on the…

Famed Formula One Racer, Charles Leclerc, invests in Chrono24

Famed Formula One Racer, Charles Leclerc, invests in Chrono24

Karlsruhe, Germany (June 4th, 2024): – Today Chrono24, the world’s leading online marketplace for luxury watches, announces that: Monaco’s Formula One racing driver, Charles Leclerc, has joined the company as investor. Leclerc who is second placed in this year’s Formula One championships and just won his home race at the prestigious Monte Carlo course now joins Chrono24 in its global expansion as both a young investor and passionate watch lover. Charles Leclerc and his brother Lorenzo, who consults him in his entrepreneurial ventures and whom he founded a family office dedicated to athletes, All Time, together with join the likes…

Introducing the ChronoPulse – Watch Index Report: A look at the secondary market for luxury watches in Q1 2024

Introducing the ChronoPulse – Watch Index Report: A look at the secondary market for luxury watches in Q1 2024

Introducing the ChronoPulse – Watch Index Report: A look at the secondary market for luxury watches in Q1 2024 Chrono24 analyzes the performance of the secondary market for luxury watches in Q1 2024 Luxury watch prices nearly stagnated in Q1 2024 and may have bottomed out Watch prices increased for 4 out of 14 brands analyzed Karlsruhe, April 30, 2024. Many luxury watches are purchased not only for their looks and functionality, but also for their ability to hold their value over time. That’s why Chrono24, the world’s leading online marketplace for luxury watches, analyzes the performance of the secondary…

Chrono24 Debuts New “Certified” Program, Providing Transparency and an Authenticity Guarantee to the World’s Largest Selection of Pre-Owned Watches

Chrono24 Debuts New “Certified” Program, Providing Transparency and an Authenticity Guarantee to the World’s Largest Selection of Pre-Owned Watches

Karlsruhe, Germany (April 9th, 2024): Today, the world’s largest online marketplace for luxury watches, Chrono24, unveils its new “Certified” Authentication Program, aiming to provide the most transparent authentication process to the luxury watch market through its global watchmaker network. Chrono24 shoppers can now choose their dream watch from an unsurpassed selection of certified authentic pre-owned watches, trusting fully in the absolute promise that the watch they found will be the watch they receive. Every Chrono24 “Certified” watch will receive an evergreen digital Certificate of Authenticity, providing an invaluable, lasting footprint for these analog timepieces. Certified is now live across Europe,…

Chrono24 Releases New Data Insight Report to Commemorate International Women’s Day

Chrono24 Releases New Data Insight Report to Commemorate International Women’s Day

New report is designed to amplify powerful female voices in the watch industry & draw analyses from the platform’s significant 25% female usership   Karlsruhe, Germany (March 8, 2024): Today, the world’s largest online marketplace for luxury watches, Chrono24, releases a new Insight Report featuring an in-depth look at the female market, timed with the global recognition of International Women’s Day on March 8th. Following an upward trend in recent years, Chrono24 now reports that more than 25% of its active users identify as female, with this growth signaling a positive shift within industry norms. Chrono24’s new Insight Report not…

Chrono24 Announces Change in Leadership to Unlock Next Phase of Growth

Chrono24 Announces Change in Leadership to Unlock Next Phase of Growth

Zalando’s Carsten Keller will take over from parting Co-CEOs in January Karlsruhe, December 14th, 2023 – Chrono24, the leading global marketplace for luxury watches, today announces that Carsten Keller will take over as CEO, effective January 1st, 2024. Co-CEOs Tim Stracke and Holger Felgner are handing over the reins to a successor with decades of online retail, marketplace, and strategy experience. Over the past eight years, Keller has been instrumental in building Europe’s leading marketplace for fashion brands and retailers at Zalando, contributing more than 5 Billion Euros to the platform’s overall gross merchandise value. As a part of that,…

Chrono24 Unveils ChronoPulse, The First Luxury Watch Market Index Founded on Real Transaction Data, as it Celebrates 20 Years

Chrono24 Unveils ChronoPulse, The First Luxury Watch Market Index Founded on Real Transaction Data, as it Celebrates 20 Years

Karlsruhe, Germany (October 20, 2023): Today, the world’s largest online marketplace for luxury watches, Chrono24, unveils its proprietary new Watch Index tool built on the hallmark of real sales data, called ChronoPulse. Access to this unparalleled data resource is free and now accessible through Chrono24’s website. The announcement of ChronoPulse comes as the company celebrates its 20 year anniversary, utilizing its two decades of historical analysis and actual selling prices to create an Index depicting sales trends and market development unlike any other. Chrono24 uses its own anonymous 1st party sales data to drive this indexing, far surpassing the volume…

Cristiano Ronaldo, International Football Superstar & Luxury Watch Uber Collector, Becomes an Investor in Chrono24

Cristiano Ronaldo, International Football Superstar & Luxury Watch Uber Collector, Becomes an Investor in Chrono24

The world’s most marketable and recognizable athlete devotes his financial prowess & passion for timepieces as a partner to the world’s leading watch marketplace   Karlsruhe, Germany (July 12, 2023): – Today Chrono24, the world’s leading online marketplace for luxury watches, announces that internationally acclaimed footballer, Cristiano Ronaldo, through CR7 SA, has become an investor in the company. “CR7” as he is known throughout the world is perhaps equally known amongst the watch lover community for being one of the most avid personal collectors of timepieces. Cristiano Ronaldo joins the likes of previous Chrono24 investors including Bernard Arnault’s family investment company, Aglae Ventures, General Atlantic, Insight…

Your Link to Chrono24


Every day on Chrono24, 500,000 unique visitors have access to some 500,000 luxury watches from over 3,000 dealers and 30,000 private sellers in more than 100 countries. Chrono24 has pioneered the free market for luxury watches and is now the leading online marketplace for coveted timepieces, enjoying a steadily growing transaction volume.

Chrono24 has been reshaping the luxury watch market since 2003. Their trusted platform gives buyers, dealers, and sellers from around the world a safe place to conduct online trade and explore their passion for watches.

Chrono24 offers unique features for watch enthusiasts. They can follow their collection's performance in the Chrono24 app using the "Watch Collection," virtually try on iconic models with the help of augmented reality, and securely purchase a watch in any currency and across international borders with Buyer Protection.

The pre-owned luxury watch industry accounts for some $17.5 billion in annual turnover. With Chrono24's global expertise, the platform plays a significant role in the market.

Would you like more information or data directly from the leading marketplace for luxury watches?
Please don't hesitate to get in touch.

 

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