27 reports

  • 9.6 COMPETITIVE SITUATIONS AND TRENDS

The design ensures to attain consistency and balance of a well-crafted luxury watch with minimal features, yet elegant style of many iconic timepieces.

  • Application
  • Augmented Reality
  • Consumer Electronics
  • Medical Robot
  • Virtual Reality
  • DUTY-FREE RETAIL - KING POWER

Source: www. moodiedavittreport. com In November 2019, King Power launched an exclusive, limited-edition collection of watches in its newly reopened Richemont luxury watch and jewelry shops at HKIA.

  • Consumer Electronics
  • Cosmetics
  • Specialty Store
  • Demand
  • Dufry AG

However, in the luxury watch or handbag segment, there are a very large number of buyers, dissipating buyer power.

  • Cosmetics
  • Jewelry
  • Specialty Store
  • Watch
  • LVMH Moet Hennessy Louis Vuitton SA
  • KEY MERGERS & ACQUISITIONS (2/3)
  • KEY MERGERS & ACQUISITIONS (1/3)

Longchamp is one of the early adaptors of WeChat among luxury retailers.

  • Consumer Electronics
  • Cosmetics
  • Specialty Store
  • Burberry Group plc
  • Kering SA
  • DUTY-FREE RETAIL - KING POWER

Source: www. trbusiness. com In November 2019, King Power launched an exclusive limitededition collection of watches in its newly reopened Richemont luxury watch and jewelry shops at HKIA.

  • Consumer Electronics
  • Cosmetics
  • Specialty Store
  • APAC
  • Demand
  • PREMIUM PRODUCT OFFERINGS GAIN MOMENTUM

In March 2018, for example, Lagardere opened its luxury watch store at London City Airport.

  • Consumer Electronics
  • Cosmetics
  • Specialty Store
  • Demand
  • Dufry AG

Similarly, TAG Heuer has unveiled a brand new watch model called TAG Heuer Monaco Bamford, which is a special edition of its iconic Monaco watch in alliance with Bamford Watch Department, a pioneer in customized luxury watches.

  • Consumer Electronics
  • Cosmetics
  • Specialty Store
  • Burberry Group plc
  • Kering SA

Moreover, the group' s luxury watch brands such as IWC Schaffhausen, Jaeger-LeCoultre, and A.

  • Consumer Electronics
  • Cosmetics
  • Specialty Store
  • Kering SA
  • Prada Group

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

  • Consumer Electronics
  • Cosmetics
  • Specialty Store
  • Burberry Group plc
  • Kering SA

However, in the luxury watch or handbag segment, there are a very large number of buyers, dissipating buyer power.

  • Cosmetics
  • Specialty Store
  • Germany
  • Western Europe
  • LVMH Moet Hennessy Louis Vuitton SA

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

  • Consumer Electronics
  • Cosmetics
  • Luxury Goods
  • Luxury Retail
  • Specialty Store

For example, in 2016, Google, Intel, and Tag Heuer launched a luxury watch for approximately $##, ##.

  • Consumer Electronics
  • World
  • Fitbit, Inc.
  • Garmin Ltd.
  • Samsung Electronics Co., Ltd.
  • CATEGORY DATA

A greater variety of designs are also emerging, with luxury watch producers such as TAG Heuer, Diesel and Hermès having established their positions in the luxury segment of smart watches.

  • Consumer Electronics
  • Specialty Store
  • China
  • Demand
  • Samsung Electronics Co., Ltd.

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

  • Consumer Electronics
  • Cosmetics
  • Specialty Store
  • Burberry Group plc
  • Kering SA
  • WATCHES SEGMENT GROWTH TREND ANALYSIS 2017-2023
  • MARKET BY PRODUCT

It has one of the largest international networks of dutyfree and luxury, travel essentials, and food service stores.

  • Consumer Electronics
  • Cosmetics
  • Specialty Store
  • World
  • Dufry AG

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

  • Computer
  • Consumer Electronics
  • World
  • Demand
  • Samsung Electronics Co., Ltd.
  • COMPETITIVE LANDSCAPE

Global high-end and luxury watch brands such as Fossil, Michael Kors, Tag Heuer and Montblanc are showing increasing interest in wearable electronics.

  • Consumer Electronics
  • Specialty Store
  • Taiwan
  • Demand
  • Samsung Electronics Co., Ltd.

## Smart Wearables vs Watches: 2019-2024 The luxury watch market has a totally different value proposition to regular watches.

  • Consumer Electronics
  • Watch
  • China
  • Demand
  • Xiaomi Corp

Apple pushed Apple Pay as one of Apple Watch' s differentiators.

  • Consumer Electronics
  • Demand
  • Fitbit, Inc.
  • Samsung Electronics Co., Ltd.
  • Xiaomi Corp

Customers can personalize Ace Leather trainers from the fashion house in one of six featured colors.

  • Consumer Electronics
  • Cosmetics
  • Specialty Store
  • China
  • Alibaba Group
  • Growth driven by product substitution and new product innovations

Global high-end and luxury watch brands such as Fossil, Michael Kors and Tag Heuer are showing interest with the launch of their wearables, which is a fashion accessory catered for the higherincome consumers.

  • Consumer Electronics
  • China
  • Demand
  • Huawei Technologies Co., Ltd.
  • Samsung Electronics Co., Ltd.
  • Duty free retail - Trends in Europe

Rotary, the renowned luxury Swiss watch brand, opened five shops at all major UK airports in 2015 The UK market will witness growth on the back of extensive airport redevelopment, new retail space and the expansion of larger duty free stores, as well as the increase in passenger nu

  • Consumer Electronics
  • Consumer Goods
  • Cosmetics
  • Specialty Store
  • Aelia Group

In 1977, HP has introduced one of the first kind of calculator watch HP-## since, then in last four decade wearable technology has developed a lot.

  • Consumer Electronics
  • World
  • Forecast
  • Fitbit, Inc.
  • Garmin Ltd.
  • Continued Low Oil Prices and Its Effect on Currency Drive Consumer Expenditure

THE STRONG US DOLLAR IMPACTED THE PURCHASING POWERS OF MOST TOURISTS COMING TO THE UNITED ARAB EMIRATES, AS A RESULT OF WHICH STORE-BASED RETAILERS, SUCH AS LUXURY APPAREL AND FOOTWEAR BRANDS AND LUXURY WATCH SPECIALISTS, HAD A GLOOMY YEAR.

  • Consumer Electronics
  • Cosmetics
  • Specialty Store
  • United Arab Emirates
  • Demand
  • Sales of Apparel by Category 2015-2020

Most wearables are priced competitively and significantly lower than luxury watches.

  • Consumer Electronics
  • Watch
  • Wearables
  • World
  • Demand
  • Fragrances and cosmetics market in US 2014-2019 ($ billions)

Luxury watch brand Rolex is associated with Formula One, golf, and tennis.

  • Consumer Electronics
  • Cosmetics
  • Specialty Store
  • United States
  • Christian Dior SA
  • SMARTWATCHES SEGMENT IS EXPECTED TO WITNESS HIGHER GROWTH RATE IN COMPARISON TO AUGMENTED REALITY DEVICES SEGMENT
  • EXECUTIVE SUMMARY

For instance, in February 2015, the company introduced its first all-metal luxury Android Wear device, LG Watch Urbane at Mobile World Congress (MWC), 2015.

  • Consumer Electronics
  • Wearables
  • World
  • Market Size
  • Samsung Electronics Co., Ltd.