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
LPM Miami Is Giving Away a Trip to the French Riviera This Summer
LPM Miami relaunches its Les Precious Moments summer menu with a raffle offering a flight to the French Riviera.
Ferragamo Returns to the Hamptons With an Exclusive Pop-Up
Ferragamo’s exclusive Hamptons pop-up runs July 22–26 at Topping Rose House in Bridgehampton — featuring the Pre-Fall 2026 collection.
The Chicest Designer Sandals & Slides This Season
From the Hermès Oran to Bottega Veneta’s Puddle sandal, the best designer sandals and slides trending in luxury shopping for Summer 2026.
Shinsegae and OKO Partner on $500 Million Expansion for Aman Group
Shinsegae Group and OKO Group invest $500 million to develop Aman and Janu luxury hotels, branded residences, and mixed use projects worldwide.
Our Favorite Aspen Hotel is Making History in New York
Nell Hotels announces The Nell New York, opening fall 2027 as the first and only hotel within Rockefeller Center.
WR Chess Brings Elite International Team Tournament to Miami With Historic U.S. Debut
WR Chess debuts in the U.S. as Team USA faces Team Uzbekistan in an elite rapid and blitz tournament at Faena Miami Beach on July 27 to 28, 2026.
Latest Stories
Trending Articles
Related Articles
LPM Miami Is Giving Away a Trip to the French Riviera This Summer
LPM Miami relaunches its Les Precious Moments summer menu with a raffle offering a flight to the French Riviera.
Ferragamo Returns to the Hamptons With an Exclusive Pop-Up
Ferragamo’s exclusive Hamptons pop-up runs July 22–26 at Topping Rose House in Bridgehampton — featuring the Pre-Fall 2026 collection.
The Chicest Designer Sandals & Slides This Season
From the Hermès Oran to Bottega Veneta’s Puddle sandal, the best designer sandals and slides trending in luxury shopping for Summer 2026.
Shinsegae and OKO Partner on $500 Million Expansion for Aman Group
Shinsegae Group and OKO Group invest $500 million to develop Aman and Janu luxury hotels, branded residences, and mixed use projects worldwide.
Our Favorite Aspen Hotel is Making History in New York
Nell Hotels announces The Nell New York, opening fall 2027 as the first and only hotel within Rockefeller Center.
WR Chess Brings Elite International Team Tournament to Miami With Historic U.S. Debut
WR Chess debuts in the U.S. as Team USA faces Team Uzbekistan in an elite rapid and blitz tournament at Faena Miami Beach on July 27 to 28, 2026.
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