Galeries Lafayette enters second-hand jewellery and watch market

In Paris, Galeries Lafayette sees second-hand as a ‘drive to store’ opportunity. On June 23, the chain opened Hojo Vintage in the Haussmann flagship store, a 30 sq.m boutique selling certified second-hand watches and jewellery. To do this, it teamed up with Rolex and the  Certified Pre-Owned programme, launched in December 2022, and with two authenticated resale marketplaces: Kronos 360 (watches) and Castafiore (jewellery). With regard to second-hand jewellery, the 40 Van Cleef & Arpels,...