Fashion
Used Rolexes, Pateks are bright spot in struggling watch world
By
Bloomberg
Published
August 15, 2025
The market for used luxury timepieces recorded its best half-year performance since early 2022, providing a bright spot in an otherwise grim landscape for high-end watches.
The Bloomberg Subdial Watch Index, which tracks the 50 most-traded timepieces by transaction value, gained 5.3% in the first half of 2025 — and extended that recovery in the third quarter. Rolex’s gold Daytona 116508 and Patek Philippe’s Aquanaut 5167A were among the top performers.
The rebound is modest compared with the pandemic-era boom, when housebound consumers, flush with cash, splashed out on fancy timepieces. Still, it comes as new watch sales face US tariffs — including a 39% levy on Swiss exports — and stubbornly low demand in Asia.
The second hand market is also benefiting as record gold prices drive up the cost of new watches and shoppers look to avoid delays that can occur when seeking to buy a new model, according to Christy Davis, founder of London-based Subdial, a watch dealer and trading platform.
In boutiques, high-demand new models are often tightly allocated, forcing would-be buyers to wait months or longer for delivery, while secondary platforms offer immediate access to a broader range of pieces, said Davis.
The increased prices for Rolex’s gold Daytona come during a boom for bullion amid tariffs and wars in Ukraine and the Middle East, while Patek Philippe’s Aquanaut is outperforming the Swiss brand’s hallmark Nautilus sports models, perhaps underscoring a growing trend toward restrained opulence, Davis said.
“There’s definitely something around people looking for more quiet luxury these days, and the Aquanaut is that when compared with the Nautilus.”
The primary watch market, by contrast, is suffering. Swiss watch exports dropped 5.6% in June, extending a year-long rout that’s seen declines in shipments to the US, the biggest export market, along with Japan and Hong Kong.
Watchmakers like Rolex, Patek Philippe and Audemars Piguet are also contending with the consequences of a stronger Swiss franc and a broader weakness in luxury demand. Swatch Group AG — whose high-end brands include Omega and Blancpain — reported a 7.1% drop in sales in the first half of the year, which it said was “exclusively attributable” to China, including Hong Kong and Macau.
Trump’s trade war has exacerbated the pain. Switzerland is reeling from the US imposition of the 39% tariff, the highest in the developed world. While that levy has now taken effect, the country is keeping up efforts to negotiate with the US, raising the prospect that it could yet change.
Fashion
Care Ratings projects India’s FY27 GDP growth at 7.2%
India’s GDP growth for Q3 FY26 was 7.8 per cent, following high growth of 8.4 per cent in Q2, as per the revised GDP series.
Care Ratings recently projected India’s FY27 GDP growth at 7.2 per cent.
Favourable impact of the GST rate rationalisation and past central bank rate cuts are expected to remain supportive of the consumption scenario, it noted.
On the investment front, the central government’s continued emphasis on capital expenditure-led growth and some signs of revival in private capex are positives.
Favourable impact of the goods and services tax (GST) rate rationalisation and past central bank rate cuts are expected to remain supportive of the consumption scenario.
On the investment front, the central government’s continued emphasis on capital expenditure-led growth and some signs of revival in private capex are positives.
On the external front, the recently announced trade deals with several countries are favourable developments for India’s export performance, Care Ratings said in a release.
However, the external economic conditions remain volatile. It will be critical to monitor the evolving geopolitical situation and trade policy shifts.
Furthermore, the rise in probability of El Nino in 2026 remains a key watchout as it poses risks for agriculture and inflation outlook.
According to the second advance estimate, the full-year growth for FY26 has been revised higher to 7.6 per cent from the earlier estimate of 7.4 per cent. This follows high growth of 7.1 per cent in FY25.
Fibre2Fashion News Desk (DS)
Fashion
Mexico’s apparel imports down 9% on weak consumer demand
Data from *fashion.com/market-intelligence/texpro-textile-and-apparel/” target=”_blank”>sourcing intelligence platform TexPro showed that trousers and shorts led the import basket at $*.*** billion, accounting for **.** per cent of total shipments. T-shirts followed at $***.*** million (**.** per cent), while jerseys, shirts and coats contributed $***.*** million (**.** per cent), $***.*** million (**.** per cent) and $***.*** million (*.** per cent) respectively. The composition highlights Mexico’s strong demand for everyday and casual wear categories, which dominate mass retail assortments.
By product construction, knitwear maintained a clear lead at $*.*** billion, representing **.** per cent of imports, compared with woven garments at $*.*** billion (**.** per cent). The preference for knitted apparel aligns with global trends favouring comfort-driven, athleisure-inspired and casual lifestyles, particularly in urban markets.
Fashion
Cotton innovation to take centre stage at Bremen conference 2026
Cotton can do more – a lot more. Cutting-edge textiles and high-tech products made from 100% cotton prove just how power-fully performance and sustainability can come together. That very surge of innovation is front and centre at the 38th Bremen Cotton Conference, taking place March 25–27, 2026, at Bremen’s Parliament on the historic market square – culminating in a bold and dedicated closing session on Friday. In the spotlight: per-formance upgrades for pure cotton, smart strategies for circular textile waste solu-tions, and pioneering concepts for demanding technical applications. From natural fi-bre–reinforced composites to highly effective flame-retardant solutions, cotton steps out of the closet and shows the future potential woven into every fibre.
The 38th Bremen Cotton Conference, set for March 25–27, 2026, will spotlight cotton’s transformation into a high-performance, sustainable material.
Experts will present innovations in cotton functionalisation, circular textile waste conversion, natural fibre composites and halogen-free flame-retardant systems, highlighting cotton’s expanding role in advanced technical applications.
Cotton is so much more than just a T-shirt. As a renewable resource, it’s biodegrada-ble, free from microplastics, naturally breathable, and delivers comfort you can actually feel. But this fibre has long since broken free from the fashion rack. Cotton is evolving into a versatile high-tech material.
Thanks to advanced finishing technologies, functional coatings, innovative hybrid yarns, and bio-based material blends, its range of applications is expanding fast – far beyond traditional textiles. For companies, that means real opportunity: replacing fos-sil-based resources with sustainable alternatives, staying ahead of regulatory de-mands, and unlocking new high-performance markets. Cotton is transforming from a natural product into a true engine of innovation.
Cotton Textile Waste as a Resource
Future-ready innovation means thinking across the entire product lifecycle. Production scraps, offcuts, and post-consumer textiles are not just a growing waste problem — they are also a valuable and largely untapped resource. In his presentation, Dr. Mat-thew Farrell of Cotton Incorporated (USA) demonstrates how cotton textile waste can be converted into glucose. Since these materials consist primarily of cellulose — aside from dyes and finishes — they can be broken down into their sugar building blocks through hydrolysis.* The resulting glucose serves as a bio-based platform feedstock for a wide range of value-added products. Drawing on two processes developed in recent years, Farrell illustrates how used cotton textiles can be integrated into viable circular economy concepts.
* Note: During hydrolysis, cellulose chains are broken down into glucose using water — often supported by acids or enzymes.
Natural Fibre Systems and Flame Retardancy
At the same time, the market for natural fibre-reinforced composites is expanding rap-idly, as industry and research increasingly turn to renewable, lightweight, and re-source-efficient materials. Natural fibres generally offer a lower carbon footprint than glass or carbon fibre reinforcements and are especially attractive for applications driven by clear sustainability targets. However, fire performance presents specific chal-lenges. As plant-based fibres are inherently combustible, natural fibre composites of-ten exhibit less favourable fire behaviour than their glass- or carbon-fibre-reinforced counterparts. Meanwhile, regulatory and safety requirements are becoming more strin-gent: beyond flammability itself, parameters such as heat release rate, smoke devel-opment, and smoke toxicity are moving into sharper focus.
At the Bremen conference, Dr. Thomas Mayer-Gall from the German Institutes of Tex-tile and Fibre Research North-West (DTNW), Krefeld, will present newly developed, halogen-free flame-retardant systems from DTNW research designed for these de-manding applications.
More Performance from 100% Cotton
Complementing the circularity perspective, Seth Winner of Cotton Incorporated turns the spotlight on enhancing the performance of textiles made from pure cotton. The goal: to elevate 100% cotton fabrics with targeted functional upgrades — improving breathability, thermal insulation, and stretch, among other properties.
He will present innovative approaches that enable the precise functionalization of cot-ton textiles, using both new and established technologies to unlock the full perfor-mance potential of pure cotton.
Innovation Meets Circularity
Against the backdrop of rising demands for resource efficiency, circular economy so-lutions, and product safety, the closing session of the Bremen Cotton Conference sends a strong message. It delivers fresh, hands-on impulses for manufacturers, fin-ishers, and developers — and showcases the remarkable innovative power of cotton.
Cotton is no longer just a traditional apparel fibre. It is evolving into a high-performance raw material platform for technical and sustainable applications — with strategic rele-vance for the textile and materials industries of tomorrow.
Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (MS)
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