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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.


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