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  1. More generations, more pressure in beauty and cosmetics market: report
  2. Global superyacht industry turns into $62B economic force with influence beyond tourism: report
  3. Human-led hospitality – critical driver of workplace performance in every sector – being overlooked: report
  4. Personal luxury goods sector to grow ~2.5pc in 2026, down from anticipated 4-5pc: research
  5. Nearly two-thirds of Europeans trying to reduce consumption over financial concerns: report
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  8. Why luxury brands are monetizing proximity — and risking symbolic dilution in the process
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  10. Gstaad tops list of most expensive holiday property markets in Europe’s Alpine region
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Watches and jewelry

Report: Fashion trends influencing luxury watch sales amid declining profit margins

October 28, 2023

Hermès in January launched the Two-Tone H08 watch in titanium and rose gold, pricing the range of four models from $5,500 to $16,000. Image credit: Hermès Hermès in January launched the Two-Tone H08 watch in titanium and rose gold, pricing the range of four models from $5,500 to $16,000. Image credit: Hermès

 

By Staff reports

The luxury watch market size is estimated to grow at a compound annual growth rate (CAGR) of 1.61 percent between 2022 and 2027, or an increase of $2.91 billion.

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MOST READ
  1. More generations, more pressure in beauty and cosmetics market: report
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  3. Human-led hospitality – critical driver of workplace performance in every sector – being overlooked: report
  4. Personal luxury goods sector to grow ~2.5pc in 2026, down from anticipated 4-5pc: research
  5. Nearly two-thirds of Europeans trying to reduce consumption over financial concerns: report
  6. 3 questions every luxury brand founder must answer before year two
  7. How to redefine retail stores as AI, convenience and shifting spending power shape behavior: report
  8. Why luxury brands are monetizing proximity — and risking symbolic dilution in the process
  9. AI reshaping jobs faster than firms reshaping work: report
  10. Gstaad tops list of most expensive holiday property markets in Europe’s Alpine region


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