By  on August 27, 2019

It’s been a rocky ride for the traditional watch sector, which is coping with rising competition from connected timepieces — especially the Apple watch — a fast-moving digital landscape that is upending consumption habits, and new generations of consumers who seem more interested in traveling than acquiring a badge of prestige for the wrist.

Add to that the unrest in Hong Kong, one of the sector’s most important markets. The series of street demonstrations that have swept the city since the spring have disrupted retail business — adding to the forces drawing many Chinese, top consumers for the industry, to make their luxury purchases in Mainland China.

To continue reading this article...

load comments
blog comments powered by Disqus