Selling pre-owned watches is like running a 'candy store' as Trump's tariffs loom

Douglas Kaplan of Bob's Watches has spent nearly 30 years in the industry.

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• Pre-owned watch sales rose 20% at Bob's Watches from March to May amid luxury price hikes.
• Rolex, for example, plans to increase prices due to tariffs and rising gold costs.
• Swiss watch exports to the US surged 149.2% in April to get ahead of tariffs, a report said.

While luxury retailers are bumping up the prices of watches, the pre-owned market is sitting pretty.