WatchBox, a platform for buying, selling, and trading pre-owned luxury watches, recently unveiled renderings for its New York Collector's Lounge and presented the roadmap for its next phase of expansion inLondon and Shanghai.
Entering its fifth year in business, WatchBox is continuing to grow its international footprint, launching in Zurich, Switzerland, and Riyadh, Saudi Arabia, in its first quarter of 2022. The company also plans to launch in London and Shanghai within the next six months.
"WatchBox's expansion strategy targets regions with a strong growth forecast for the luxury watch segment," said Justin Reis, global CEO and co-founder of WatchBox, in a news release. "We're excited to expand our physical footprint in the United Kingdom and China, two of the top five global watch markets, where we will introduce our curated inventory and client advisory model. Both London and Shanghai have strong local watch cultures, and as leading destinations for international business, we aspire to be the home away from home for watch collectors around the world."