11 reports

The company priced the watch at US$## and aimed to compete with the incumbents by offering both luxury and technology in one.

  • Luggage
  • Burberry Group plc
  • Kering SA
  • Michael Kors Holdings Limited
  • Prada Group

Rolex is the leading luxury watch in Indonesia, partly due to its popularity as an investment option as a result of its longstanding presence and high quality Swiss-manufactured image.

  • Luggage
  • Writing Instrument
  • Indonesia
  • Demand
  • Market Size

Luxury Brands Continue To Increase Their Presence in Hong Kong Leading global luxury watch brands continue to invest in Hong Kong.

  • Luggage
  • Writing Instrument
  • China
  • Demand
  • Market Size

Luxury watch segment is already facing stiff competition and the strategy is to acquire smaller companies in a big player segment.

  • Luggage
  • Burberry Group plc
  • Kering SA
  • Michael Kors Holdings Limited
  • Prada Group

Canada' s luxury watch retailers have expanded across the country' s major urban centres such as Toronto and Vancouver as part of the luxury goods boom which was in evidence throughout the second half of the review period.

  • Luggage
  • Writing Instrument
  • Canada
  • Demand
  • Market Size

LVMH Swiss Manufactures SA, the third-ranked company in 2018, continued to offer a wide portfolio of luxury watch brands, such as TAG Heuer, Zenith and Hublot.

  • Luggage
  • Watch
  • Writing Instrument
  • Switzerland
  • Demand
  • Personal Accessories Continues To Grow But Competitive Landscape Rapidly Evolving

In addition, handbags saw strong growth in both the luxury and non-luxury segments, driven by the democratisation of luxury and the emergence of several mid-market players tapping into the premiumisation trend.

  • Luggage
  • Writing Instrument
  • United Kingdom
  • Demand
  • Trade

Hublot is one example of a company that introduced a new mechanical watch to cater to this segment.

  • Luggage
  • Office Supply
  • Writing Instrument
  • Australia
  • Demand

Hublot is one example of a company that introduced a new mechanical watch to cater to this segment.

  • Clothing Accessories
  • Luggage
  • Australia
  • Demand
  • Market Size
  • Personal Accessories Continues To Grow But Competitive Landscape Rapidly Evolving

Watches recorded healthy growth, but this was notably reliant on the luxury watch segment, with high mechanical and high quartz analogue watches benefitting from their role as status signifiers, rather than their functionality as traditional timepieces.

  • Clothing Accessories
  • Luggage
  • Writing Instrument
  • United Kingdom
  • Demand

Officine Panerai, a luxury Swiss watch brand also opened its first e-commerce site in the US.

  • Luggage
  • Writing Instrument
  • Burberry Group plc
  • Kering SA
  • Ralph Lauren Corporation