China Leads Global Recovery of the Luxury Watch Market, After Years of Decline

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Before the anti-corruption campaign, high-end timepieces were one of the most sought-after luxury items by rich (and corrupt) Chinese government officials looking to flaunt their power. The campaign, initiated in 2014, largely curbed that demand, causing the whole market to … Read More

LVMH’s watch brands could maintain double-digit growth in the second half of 2017

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Sales of LVMH‘s watch brands could maintain their double-digit percentage growth in the second half of 2017, despite tougher year-on-year comparisons, the head of the luxury company’s watch business said on Thursday. Watch and jewellery sales at the world’s biggest … Read More

An old Rolex makes a new record

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Makers of luxury watches face a grim reality. Affluent millennials prefer the capabilities of smartwatches and companies like Apple and Samsung have done a great job of consuming valuable market share from long standing brands. While the ‘new’ watch market … Read More

Report: China to Overtake U.S. as Digital Market Leader for Luxury Watch Brands

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Luxury watch brands like Tag Heuer have been increasing their digital presence in China in recent months, and the timing couldn’t be better—Chinese consumers are now visiting luxury watch websites more than ever before. Visits to luxury watch websites from … Read More

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