Watchfinder’s Founder Invests in Pre-Owned Watch Specialist Subdial
Stuart Hennell, the founder of Watchfinder, has invested in Subdial, a competitor in the pre-owned luxury watch market. This investment of £1.5 million comes at a time when Watchfinder, now owned by Richemont, has seen a decline in sales and profitability. In contrast, Subdial has shown growth, increasing its sales and planning to expand its headquarters. Hennell’s investment and advisory role signify a strong belief in Subdial’s potential to outperform in this niche market, leveraging its data-driven approach and focus on collector engagement.
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