(Bloomberg) -- Hodinkee Inc. has sold Crown & Caliber, the online used watch retailer it bought in an ill-advised move less ...

It's a statement. "A watch is the greatest icebreaker there is," says Hamilton Powell, the CEO of Crown & Caliber, an online secondary market for luxury watches. "In an unfamiliar city ...

Hodinkee Inc. has sold Crown & Caliber, the online used watch retailer it bought in an ill-advised move less than four years ago, to one of the largest dealers in the United States.