Audemars Piguet to Launch Second-Hand Watch Business

As Business of Fashion reveals, Audemars Piguet is planning to launch its own second-hand operation. The move will reportedly make the company the first major watch brand to officially join the rising market for secondary luxury timepieces. AP explained to Reuters that its latest venture has already experienced a "test run" at a Geneva store and intends to expand its second-hand business to other Switzerland locations. Piguet's approach will initially treat customer trade-ins as partial exchange...