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High-end watch prices are sinking. Does that mean bad times ahead for luxury stocks?

The London Watch Show 2022

Leon Neal/Getty Images News

Falling high-end watch prices could point to worrisome prospects for luxury retailers like LVMH (OTCPK:LVMHF) and Richemont (OTCPK:CFRHF) during 2022's second half.

According to WatchCharts, resale prices for luxury watches - which some people buy as investments - have tumbled about 15% on average in the past

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