China is having a crucial impact in the development of the luxury watch market, registering market growth of more than 59 percent. Image credit: Shutterstock
Richemont bets big on China
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No 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","iv":"f3e81af38f8d120bb36499d0cca5a085","s":"9926e7dada918ef4"}