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With the UK lock down beginning on March 23, many retailers had a strong start to the month before closing all their stores.
Forget explaining the inner workings of a flying tourbillon or a coaxial escapement, the watch industry may have to explain what hours, minutes and seconds hand do.
New research reveals that the leading North American brands are primarily focusing on the $200 to $299 price segment.
American retail analyst NPD spikes assumption that younger shoppers are uninterested in the theatre of luxury retail.
The number of watchmaking companies in Switzerland has also increased from 672 to 694.
The value of sales for the entire British watch market have risen by 6.5% for the first two months of 2019, according to the latest report from retail analyst GfK.
Luxury watch segment now accounts for 72% of the entire Great British market, according to data from GfK
Bain & Company report says 80% of pre-owned luxury goods sold world-wide are watches and jewellery.
Omega, Breitling and Patek Philippe all made the top 10, but major brands including Audemars Piguet, IWC, Panerai and Hublot ranked lower.
Volume market continues its dramatic decline, but value of watches priced at over £1000 is growing at double digit rate.