Hodinkee is no longer buying inventory and no more collaborations

[Barbara_C]

Originally Posted by inadeje

I don’t want to bring gloom but the luxury goods sector including watches is right in the middle of a category 5 hurricane with no signs of the storm passing anytime soon. It started two years ago. I’m no Nostradamus but my instincts tell me it’s a decade type cycle we’ve entered around 24 months ago. So only 216 months to go.

It seems to me the boom bust cycle times have got shorter on some things.......oil went about 25 years at bust then the boom was over in about 5.
Everybody needs oil in some way.....nobody needs a Rolex. A 40k Rolex and a 20 dollar Casio both tell the same time....its going to be a buyers market for a long time IMHO