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Evening Standard
Evening Standard
Business
Oscar Williams-Grut

The haves and have clocks: Demand for Rolex and Patek Philippe watches keeps booming despite economic gloom

David Beckham advertising Tudor watches

(Picture: Tudor)

Britain is facing the worst cost of living crisis in a generation but not all of us are feeling the squeeze equally: the super-rich still have enough cash in the bank to acquire Patek Philippe and Rolex watches, giving a boost to Watches of Switzerland.

The luxury watch dealer said today it is still seeing bumper demand for high-end timepieces despite rising interest rates and inflation, and diving stock prices.

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