8 reports

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

  • Luggage
  • Tablet Computer
  • Burberry Group plc
  • Kering SA
  • Michael Kors Holdings Limited

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
  • Tablet Computer
  • Indonesia
  • 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
  • Tablet Computer
  • Burberry Group plc
  • Kering SA
  • Michael Kors Holdings Limited

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
  • Tablet Computer
  • Watch
  • Switzerland
  • Demand

Luxury watch brand Omega charges a premium for its mechanical watches, and has also entered the wearables market.

  • Consumer Electronics
  • Tablet Computer
  • World
  • Demand
  • Samsung Electronics Co., Ltd.

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

  • Luggage
  • Tablet Computer
  • 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.

  • Apparel
  • Clothing Accessories
  • Luggage
  • United Kingdom
  • Demand

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

  • Luggage
  • Burberry Group plc
  • Kering SA
  • Ralph Lauren Corporation
  • Richemont Group