New Report Available: Watches in China
The decelerating economic growth in China amid the uncertain global economic outlook in 2012 negatively affected the development of the watches category, with reduced import volumes. Meanwhile, local consumers demonstrated less enthusiasm for premium and luxury watches, due to the fall in consumer confidence. On the other hand, government's stricter control on bribery also dampened the high-end watch sales in 2012. However, watches market saw slightly recovery in 2013 with the sign of economy...
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