How did watches, jewelry, and other luxury assets perform in 2022? How is luxury performing as an asset class? Are luxury auction sales growing or declining?
These are just a few of the questions we answer in our early 2023 briefing on luxury markets. In just one handy page replete with facts, figures, charts, headlines, and commentary, catch up on the state of the market in mere minutes.
2022 was a challenging year for most markets as inflation ran hot, easy monetary policy came to a swift end, sentiment turned negative, and economic prospects grew uncertain. Speculation fell decidedly out of favor as a result, affecting many collectible categories. Now, it's time to find out 1) how watches, jewelry, gems, and handbags were impacted, 2) the performance of specific brands like Rolex and Hermès and 3) what we might expect for those categories in 2023.