For the first time, eBay has participated in the Las Vegas Antique Jewelry and Watch Show, held alongside COUTURE at Wynn Las Vegas, August 24 through 26, 2021.
As one of the largest luxury watch marketplaces in the world, eBay made an inaugural appearance at the high-profile watch and jewelry market week, welcoming the retailers and brands to ‘eBay Boulevard’, at the Wynn, driving conversation with leading brands and retailers around platform offerings implemented over the last year, like eBay’s Authenticity Guarantee service, and the addition of escrow payment offering.
“We are excited to join the world’s most premier brands and retailers in luxury at this year’s Las Vegas Antique Jewelry & Watch Show, alongside premier jewelry and watch market week events like JCK and COUTURE,” said Tirath Kamdar, eBay GM of Luxury, “After an exciting year of growth for our luxury watches business with milestones like launching our Authenticity Guarantee service and adding escrow as a payment offering, eBay is thrilled to further develop existing industry relationships and create new partnerships amidst a highly-regarded industry event such as this.”
eBay hosted a sunset cocktail party on Wednesday, August 25 at the Wynn Sunset Terrace, where guests enjoyed signature cocktails as eBay’s GM of Luxury Tirath Kamdar welcomed everyone with warm remarks and a toast to partnerships nurtured over the course of the week. He shared sentiment on eBay’s significant achievements in the luxury business over the past year, as the marketplace has continued to sustain double digit growth in luxury watches in Q2.
In 2020, eBay launched its Authenticity Guarantee service in the U.S. for luxury watches sold for $2,000 or more, offering meticulous inspection and verification by independent experts, providing an extra layer of trust and confidence for shoppers. In April of 2021, eBay announced the addition of escrow to marketplace payment offerings for luxury watches over $10,000, allowing buyers and sellers an added convenience via trusted third party Escrow.com, holding funds securely until the transaction is complete providing an additional level of protection.
eBay GM of Luxury Tirath Kamdar spoke to eBay’s luxury categories continued momentum over the last year, even amidst a new retail landscape resulting from COVID-19, while participating as a panelist at the JCK keynote panel alongside other notable luxury jewelry industry experts held on Saturday, August 28, entitled “A look back at the last 18 months and the bright future that lies ahead.”
eBay’s inaugural association with this year’s luxury market week is a paramount milestone amidst a series of achievements for our luxury business over the past year, and a continued effort in the platform’s ongoing commitment to developing existing relationships and creating new industry partnerships.