LONDON — Watches and jewelry will be the top performing luxury category this year, growing at a rate of at least 20 percent, according to new research from Mintel on the international luxury market.
“Despite softening economic growth in China and other emerging markets and the bleak European context, there is little sign of this category slowing, as shown most evidently in key high-end watch buying and collecting markets such as Hong Kong,” Mintel said in the report to be issued Thursday.
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