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EDITORIAL: Are watches too expensive? (Part 2)
In the last decade, the retail prices of luxury watches has risen faster than inflation and incomes, they are getting more expensive quicker than most can afford. That is untenable in the long run. Already for 2013 watch exports from Switzerland are flat, a stark contrast with the rapid growth of previous years. Even though the outlook for the whole watch industry is uncertain – no brand will be immune from this – the outcome is likely to be positive for the watch buyer.EDITORIAL: Are watches too expensive? (Part 1)
For more than a decade the luxury watch industry has enjoyed a tremendous and lucrative boom. More people were buying more expensive watches than ever before. But things seem to have come to a head, and the business is at an inflexion point. Thus the relevance of a question frequently asked: are watches too expensive?Load More
