Posted inChina, Hong Kong, World

China leads global recovery of luxury watch market

Before the Chinese government launched an anti-corruption campaign, high-end timepieces were one of the most sought-after luxury items by rich (and corrupt) government officials looking to flaunt their power. The campaign, initiated in 2014, largely curbed that demand, causing the whole market to decline. But the global luxury-watch industry is making a comeback and, according […]