New Market Research Report: Watches in the United Kingdom
Due to the economic downturn in the UK, watches was strongly polarised for the last few years, and this continued in 2013. Consumers increasingly sought low-priced options which could be disposed of when broken, or purchased premium-priced watches as an investment and status symbol. This had a significant impact on the mid-priced segment, which declined from the start of the economic downturn. At the same time, the luxury and fashion market continued to perform strongly, as this consists...
View full press release