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Luxury Watch in China: 10 Trends to Know for 2021
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Luxury Watch in China: 10 Trends to Know for 2021

During the lockdown, the watch market dropped in China. A retailer in Shanghai even confessed his watch sales dropped by 90%. Chinese people did not longer have enough money to invest in luxury watches and preferred to delay their purchase. Since May 2020, the market is recovering. Chinese luxury shoppers are heading towards watches as…

The Huge Potential of Smartwatch Market in China

The Huge Potential of Smartwatch Market in China

The smartwatch market is growing, wearable devices like the Apple Watch. According to Gartner analysts, world consumers in 2019 will spend $ 16.2 billion to buy this type of devices, which will grow 40% year-on-year to 74.1 million units compared to 53 million in 2018. the Gartner research is shows that 15% of the consumers…