A Slowing Luxury Engine: What the Current Downturn Means for Watches
By Brent Robillard The winds of change in the luxury world For more than a decade, the luxury sector seemed to defy gravity. Even during moments of economic strain, spending on high-end fashion, jewellery, and watches continued its steady climb, driven by global tourism, China’s expanding middle class, and a pandemic-era surge in disposable income. But the tone of the industry’s leading reports has changed. … Continue reading A Slowing Luxury Engine: What the Current Downturn Means for Watches