Haute Time: Demand For Luxury Timepieces May Be Slowing In China
Analysts and watchmakers say the Swiss watch industry is unlikely to continue benefiting from the extraordinary growth they have been accustomed to over the last couple of years.
Export of Swiss watches jumped a record 19.2% in 2011, following a 22% increase in 2010 after recovering from a post credit-crunch downfall. Flourishing Asian, particularly Chinese, demand for luxury powered items was behind the increase in reaction to the newly created millionaires and billionaires in the world’s seconds largest economy.
However, Chinese economic growth is slipping, while income for the overindulged rich is on the rise.
READ THE FULL ARTICLE ON HAUTETIME.COM
Like Haute Living Asia? Join our Facebook page or follow us on Twitter @HauteLivingMag. Want Haute Living Asia deliver to your inbox once a week? Sign up for our newsletter.
Like Haute Time? Join our Facebook page or follow us on Twitter @hautetime.
Related Articles
HAUTE LIVING Executive Q&A: Brian J. Esposito, CEO of Diamond Lake
Brian J. Esposito shares how DiamondLake is reshaping luxury sport through tokenization, technology, and immersive golf experiences.
The Remix: Inside the Best Parties of Grammy Weekend 2026
From exclusive after-parties to intimate industry celebrations, here’s an inside look at the most talked-about GRAMMY weekend parties in LA.
This Iconic LA and Las Vegas Supper Club Has Officially Landed in Dallas
A famed LA and Las Vegas supper club known for old-Hollywood glamour and celebrity nights has officially arrived in Dallas.
The Best Brunches in Las Vegas
From the most beautiful views to the best bottomless mimosas, here is our handy and haute guide to the best Las Vegas brunches.
The Hottest New Restaurant Openings in Aspen This Winter
From chef-driven debuts to glamorous pop-ups, discover the hottest new restaurant openings in Aspen this winter.
Rag & Bone’s Beloved Sweatpant Jeans Have a New Look
We’re getting the jump on Rag & Bone’s newest addition to the iconic sweatpant-denim category: Miramar Sport
Latest Stories
Trending Articles
Related Articles
HAUTE LIVING Executive Q&A: Brian J. Esposito, CEO of Diamond Lake
Brian J. Esposito shares how DiamondLake is reshaping luxury sport through tokenization, technology, and immersive golf experiences.
The Remix: Inside the Best Parties of Grammy Weekend 2026
From exclusive after-parties to intimate industry celebrations, here’s an inside look at the most talked-about GRAMMY weekend parties in LA.
This Iconic LA and Las Vegas Supper Club Has Officially Landed in Dallas
A famed LA and Las Vegas supper club known for old-Hollywood glamour and celebrity nights has officially arrived in Dallas.
The Best Brunches in Las Vegas
From the most beautiful views to the best bottomless mimosas, here is our handy and haute guide to the best Las Vegas brunches.
The Hottest New Restaurant Openings in Aspen This Winter
From chef-driven debuts to glamorous pop-ups, discover the hottest new restaurant openings in Aspen this winter.
Rag & Bone’s Beloved Sweatpant Jeans Have a New Look
We’re getting the jump on Rag & Bone’s newest addition to the iconic sweatpant-denim category: Miramar Sport
Subscribe to Haute Living
Receive Our Magazine Directly at Your Doorstep
Embark on a journey of luxury and elegance with Haute Living magazine. Subscribe now and have every issue conveniently delivered to your home. Experience the pinnacle of lifestyle, culture, and sophistication through our pages.
Haute Black Membership
Your Gateway to Extraordinary Experiences
Join Haute Black and unlock access to the world's most prestigious luxury events