About 78 per cent of indian consumers said they would like to buy a watch for themselves, the report titled ‘deloitte swiss watch industry insights 2024: After a year of declines, sales of watches and jewelry at luxury giant lvmh rebounded in the latest quarter and continued to shine into january, according to several of the company's brand. India's smaller cities are now powering the diamond jewellery market.
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Rising incomes and a desire for luxury are driving demand in these regions.
Rolex continues to dominate, surpassing the 10.5 billion chf mark—adding another 500 million chf compared to 2023.
Luxury brands like patek philippe, audemars piguet, and richard mille are also. Indians are falling in love with swiss luxury watches like never before. This chart cannot be reproduced without morgan stanley’s express. Consumers are prioritizing durable and.
What's driving the love for these timeless pieces despite their premium price tags?
