Only Time Will Tell: Is The Luxury Watch Market Turning a Corner?

Andrew Burnstine – Retail Matters

Overall demand for Swiss timepieces still lags behind supply, analysts say, even as Swiss watchmakers pull back on the volume of their shipments.
Still, industry observers see reason for optimism; watches have swelled in cultural relevance in recent years, evident in celebrity red carpet coverage.
Luxury watch brands also stand to benefit from consumers fed up with soaring prices for handbags, designer logos and other “soft” luxury goods.