By and  on March 24, 2011

Last summer, David Sadigh, managing partner of the Geneva-based marketing consulting firm IC Agency, made a trip to Florida and remembers feeling sticker shock during one of his shopping trips.

Sadigh, whose company publishes the annual World Watch Report, an analysis of consumer demand for the top watch brands in key markets, said he saw luxury watches on sale at 30 to 40 percent off.

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