October 01, 2018

The beautiful city of Hong Kong and Swiss luxury Watches - Pre-owned and new

Hong Kong - The city of dreams and lights, the city which never sleeps. But Hong Kong isn't just a normal city, it is a paradise which offers respite to all tourists and local residents alike, You have some incredibly iconic spectacles; as well as quiet places to relax in. Hong Kong is also quite the paradise for the avid shopper. Be it clothing or luxury goods, the wide choices available here are par to none.


Hong Kong has also long prided itself on being one of the world’s leading marketplaces for Swiss and other luxury watches. Despite facing quite a tough competition from China and the U.S,  did you know that Hong Kong still accounts for over 13% of Swiss watch sales?


Although the market for new Swiss luxury watches continues to remain strong, Hong Kong has not had a very good market for pre-owned watches until the last couple of years or so. But Hong Kong’s elite status as Asia’s ‘watch hub’ has begun drawing luxury pre-owned watch websites and companies to prosper in the recent past. For any tourist looking for a bargain, there is a watch made exactly in their price range.


Even the watchmakers and distributors of Hong Kong now are trying to adapt to a market where complete customer service and value for money is important.


Compared to the watch-enthusiasts of the past, the Hong-Kong consumers, especially the e-commerce savvy millennials are now price conscious as well. With retail apps like Carousel and online watch specialists trying to normalize the sale and purchase of pre-owned as well as new watches online, the industry is only bound to grow from now.


Like the CEO of Audemars Piguet Francois-Henry Bennahmias said in a recent interview - “Second-hand is the next big thing in the watch industry.”


Phoenix Watch Company has been specializing in the sales of both new and pre-owned luxury watches in partnership with our company in Europe in operation for well over 20 years. Located in the centre of the busy shopping and tourist district of Tsim Sha Tsui in Hong Kong, our core expertise is the sale of new and used watches belonging to some of the best Swiss brands like Patek Philippe. Audemars Piguet, Rolex, Cartier, IWC and more.



Over the years, we have built an invaluable suppliers database with companies around the world, attended an extensive list of watch conventions thereby giving us a solid reputation in the industry and a company that you can trust in. We have significant experience in satisfying the needs of customers all over Europe, Asia & America, with a reputation for having the best deals both on new and used luxury watches. Our new watches are sold with box, international warranty and kits provided by the manufacturer.


We at Phoenix Watch Company, hope that you choose us to be your partner in selecting the watch of your dreams.