Web3 nov. 2024 · The luxury watch market in China is worth $10.36 billion in 2024. The Chinese always have a firm favorite for watches among luxury items as it is a symbol … Web7 ian. 2024 · Hong Kong (fueled by Mainland Chinese tourists) and China are driving respectively 35.7 per cent and 21.7 per cent of the yearly growth. The United States, the second largest market for luxury Swiss watches after Hong Kong, also benefited from a strong 26.3 per cent growth but remains 6.6 per cent below the 2016 sales levels.
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Web14 iun. 2024 · Watches. In the premium to ultra-luxury watches industry, a comparatively slower growth rate of 1 to 3 percent per year compared with branded fine jewellery (8 to 12 percent per year) between 2024 and 2025 is a symptom of structural weaknesses that will dominate business agendas in the short to medium term. Web21 oct. 2024 · This is expected to reach RMB 1.2 trillion (£147.6 billion) by 2025. In 2024, the watch market in China was worth RMB 229.3 billion (£28.2 billion) — this is … WebAcum 7 ore · Hermes, the French luxury goods company, saw sales jump 23% to €3.3bln in the first three months of 2024, driven by growth in Asian and European markets. Revenue in Asia (excluding Japan) also ... hematies mineral