SIHH Interview with FHB

[HK Islandboy]

Originally Posted by 2Redbulls

It would certainly impact margins for them. Unless it's a $2K or more discount, I'd just buy it from AP direct. The trick for AP will be balancing new sales next to preowned. My guess would be to keep distribution separated. So there's never a side by side comparison in retail brick and mortar.

I think this could help new sales.

used watches are getting sold today, so that supply and demand for it exists - by bringing sales and purchases of used watches into AP, it would allow them to more smoothly manage clients who wanted to upgrade to new models, by offering better trade in values - and build a direct relationship with clients only interested in used/discontinued pieces