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 Bya Luxury Daily columnistOn In Featured,Industry sectors,Retail | No Comments
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 {"ct":"cd9tBHO8Uh+9O+Wnb2R0cxTgxQPbelSpstKRYg3WbvaPE8VDLedAmZy6pzlqQsP2YWTBWvo1xEU2sPMhUgGAqa2F3rq1DFOpxRQQs83dyXI1ZvNqxlvxWvjFS3YzkJN6716raOX71jZz4pQ9C1Jw018K\/oHPFXljktN64dJPq6Ln4KD+U36XLkoqYeAizo37UBTnZOptlH8s0qVBTobbbCBW6nraucVlICTr1+m5mHHY+n2YhSdLSe\/6ntopOtMGi1egzaFAI+PR\/RvBX46kObXosXXOpUB0ce3+3opY\/+RkK5uQUZGuo2ua1u3XP\/hZF8nZIIxTkfc45G5Q4jQksaEo7bvV4B2eOfH\/X0tmqRSE1lZSPZ3AO86WR+gUkH5fdTBFmYwAK95b3GoO2FMZyOpMpcjO0WjJrIdNJzzr+aExf67ihidfDQUQER3R0z7d92qBKJ96Ugelt9StGfQ1AV\/E2QrVk4BLDqmoVtWvx7XMjzC\/jihxePR5YXcx9WrQpDcPJ+qnUSdekSCcs3MROPneMTUrRRKsIZBKcDM+h4qPcbsOTKe63V6paxp+6d4hkxZM5qkyPC8jINHrcCN80B8eBFgnu91\/pzsH8cokH9OqibWEbNCQgGNoDDQ0MBq9lCz+tI9Y6WxT1o6+AAm0ft1DRgiZ+YzdX4tSNK\/CZH7oTdFB8vJqT7Qv\/8tNeE\/JgTQ55UpiitnKQnEV67ncLYh9Yt3BMT\/NN+iLQ+xVAaBO3+tR8Gy+\/qBTwwi24I9tCQEGhT29okbn9Jf68zz2iZ+tks4ZFTfgVp+vGa1Nt7wyzJlXxmh2E\/b9aywxVzT\/p8ZHscqhQwuT4Aq942OvxGqqm8\/UtdqbbyAVGN00wQiRT6\/lkkvfc\/n4DzbmC4+7Ot4F0QTXk\/o1x6FNYUvunJ6dvWx145\/fR\/6IzwxfQqeHNbQEZGmYKdDu6J5nC6ZyFE6BUkQDd89bpBbW3zoyGVeumWGFycoXbwu3i7\/WkEV5h4FiowDm3L1HHlY+PqAdTnmdwU6Nd0VmXFUTT81YBujUGvEKdd7PN7peTWE+XEpuoXIkqauXvMUS1b6PN67Wa8EyY9yBbIbXpAX5PDEbNmbwb0DnuL96Kt8wW71VDgfEEW4lCTSpqd+l08ib5ALxJpSwkewPvD+lSpEdj709jqUPETUjCbJ8Xt+eXlLJBi4rxRUtVwlI3NgG8RE14YmXf9Z9mM7xQ0y5pn\/pas+QrULFWHiq8p+o6Eyd17obMh4qfHzDqjwNFs+A4M\/942W8JAjrJYX0Ex50H4BzQYDWcZDctJxKzyhazuSDUSmrzQAXxV5OqvCbSAzNxABW34PNJfCGiH1ALVi24SL2IY2d0OAxXwTeM7bj+T8a+BPZCHcyGYG4pcu2H5D8EiAMaXFHHy6hdkvP2uugBmAKvcAWGeT5Ec4M9FSvJvKSJ5BsvQQwpTw38UlhRaSgpGevkOjJfxJLLiglstLEvodITr+1hkRt9+7fFkPuoPLkKfCmIyMB4wquXyNJFBmdzs3Xoi1QM6cTq7w+T6HrX9MJ+wyAttpAfKDhEz8R6ljElRVrYIpnNe542knQMSiFD7ymPqHBLw5ws8Fb68J\/a8RftXKHmYtwAveYH5kbgriAvtszKVgujMvgyvFAFWWWgifzQfJDH1lKa\/tg1ovvYipg1+UmFT+Yg9i7PaNaPo12xQ\/dsN1nK+toFsgT+CrehA4i\/HgEBauB79r3os+2N2FI7OwsDF1T7ImB9JfPR2AgSWYdwkiTTaJoZfpXUYJLP6f6Iim6tbyuC7qH8dlRlnWpGae3uOvZvai3NiR7KkOzO3ohjMfyilf\/rb49Q5GBMHsHIXmvbK\/FRQNMifzkQT4pb4aCyrax3f5nMK6on9Ct26ZE\/4sq2NcJNR1vlY3uj+3dKIBdLMzbGLyo9g97AWWtWweHge1gtggUaknaZXYfhzI7viqVwsPAczPmCcsm4bDO51\/42n2fDr84yidwGDaBnJuGcZcBPyWTGYr5FUBbMj8WLULbtLfYoYPu1vEAtCAb0fyjYf1\/khNqL5aY\/Bm+A0La4MpxWCFK9+5ztSlH2aYr\/FDw2lhns+qpxNtCxXJV\/fBbnc+deI5C\/QIsFQZ3eKG64Ovm+IPSBbAzYWtD8mHFnbeUFq6MXRpqDfixvBzuqxySi4zydy1W7Kvi2QNmUoAZ1asvvQQLUV9JZfvNawsOhDKW7zQAEyZdEJd\/jS0WwRFIygNacAkZnWlDbSU2RcSTGA6GmVIFm\/ZqXugvg5+gCd1F71NpaP6I7ow8ZRGAUQUoO\/lMbRLRXYC\/KeomuaX44AasfjXk1dwZh39VtCPA\/p9xDhcNcYLUoABHIEKYC+NgicMQTM5+tKldlkwLPiAnD4A+eo7PnRYQbrooiDxywafw0WDzvQSCPrfFOwp\/ScoCXnKRJom7hNSP13LmlWYkp3wktOk8ijUzUzN1XH08QlGVfL8nWWJNyc0dJgSoCu5FYU2WRa0wORnGI2ajnu5pcazDD9Qf5Eq6bbeG8jcKvobDdzAm5DxSA6w\/NOwqZaaq5qldz52bOSrVeKjRgrVvYyn0i7nbN80\/tgzly1k2YaADaPGCDcaSZncjZkKHCkwT+\/JnqzG1PX1ZdPNMz4esccRFc7UvvKBqqAY0ql9pFM\/bc\/Qod9lsSRuJ8UCf\/XsU5tMp2gBtjNMqfSUIDyxqo29j7yhoyzlGtmJmttJXLv8Irjxkll2lLzdINSz1GkAGGgNjSBqNUU4MMP\/LNeXax4gIYW2tUA4CR9jQPDx3pYiA2l9DaW+O4Gmhn8t+nbZ3aQQLJRLubnDuBWsdcQRpIiNgf4UX8e4nXvnTK0O3lEc7HrMHdUgCz7oSfqIqaV1As+cRItZr6V1HbOGQeLWJHsXeHlBoZbPGTVGyi9mT+rzT+rTkjJRbqHHuftIPNL7O2MGUB9aUE08PLkqVSfdKg47ZVlnUut6ppgUBiybVRYCy18TBSLRe4HLQ+sT1PgTAbHOATRkkSQDrBQzGK\/OhaRmR39+C4ASIigJwxOLLcuWhp2Z24TjO9CsmPBZ83NBAUjZdUUyqJhacnft9pUrmkOGA+mMTtVBk1WHVyQJ69IWdX1oADNQ6Kq1ygUUXdGqXMB9xXZRjz7oDT8unrJxCARf5fC7dZkvPFoInu7w2UlOGZHqqWb6j7x6SzsDepbU+pHlY2pbmR6NJWbMXfOKgjQwRwWV775nsM\/bVhoqLg7Hp\/XkB2w2OZ79pI+tOiBY6MEkmglpkuYC7ymn+Bu8ZKFRzJNyxf7VjV+eFoKZkOmT\/l5\/2sLlnwVu1FsCY3pDurXUvTg4ryAoe0zNm+c3uHIZQ8\/vpWS01z4tenhrb\/Vnw6kqWqXZzOkfeH7I7wKODdhgntalszFo+Uu23yB+U+CFLGBZZaUZtaVrauPgrS+Y9HpZp2PivFxuU5LmL1hqWmXDyuv2MPvjLdoCrZlinr4tZQ9vi4isvxVQ4bZilCrcvLKf3ZTJUaq7+d6pOrJ4\/2fpgHHrSQR1EjsB3dvBVcA5MRq0Y6Xrxzk0NqC5i6qbSgaNV7JA9oxh9PBXvX6ygudbnBQYfsgFl8hJEsN+fo9VQcxfNrHyLJD+icMZOWexHQWa63unfwQaHytU5Lx\/6Z4ZXiYiM8WaQ1vYtoVTKmja\/RoOrcgKueGiU2BVmVVvifKEgMYKHz0VXME4crIFvIzyp6SblCJMSb01+cXrrPyYdzMwfQPFEoLcUxaY8zo23dlkid710JWlBboryuv9kiY0P6IRwWq1LEqY1tgchYVEtBDNrRZ8dHgY\/YNJJ8IDCanAu5H4JOQLPytrlfkdnXBJ1FLuFz8yAxB6\/1mlwS293+qPByZXYx\/IE5io5Zu09HZtO8cv5u7U2Xov5bxzCPEytst9bTJu16xZ03riudTcyRFTq1lKHeAO0B0acxgeWO4shHKwYzpZiGsYwAFNMh+lp4\/8UVXi0lvSDAvdSlDi5+XfDwC10jyjxOvCOou\/96cq5h9M7KJMYAnjmbiPhJavcjF2Z6GSJ0p6Vqbox0AnGoij4ob6fF+xz2Drp8Bxidtxaf3m0JNn1XAYgV08SJuLva4FhocjANgcD1vzvGP+m37URPHZoW1T2JbpxG7J7VRfgoHpNEzwm0Z7ZXR7VvyDWdnvcI274jOCm1O5l\/GIiP\/bsF+QKkPw64IqVQ6ARJABrYbDvl+fYfYp1quQjp3Nqu5auFAcN\/b4Pl2fkWtHoAbcgB3N2uvqTsTVUibAqAhyfw+kcTa9hVHHVGC6M1mO38tDsPVThQ09XTYIrbAuzTYFUaxmvlVgdr1HKQvtclfYnj+oc+uebDJrzFqSmgxza3iK2pb8Asu1WOiX50kMkgBYzXIaekpNAQQeOoKhhe4wvumORmDBDisnR5F1YTETYhBUcD5vPosd8vHBdpWUprs8Ovy\/RIYrNmSc81COsRwV+PvjPIVgBCDcfvtXJeqFNZoPnhALDC2Am3L0H5gs5WLHIeM89JJpk9RrvL4PLJBFOIA4rx0fwjcEOKIgDuK48ojPDHT6cRCBzOsmmjKlBCO8MscEm9h6F+2Gg81C8R+hEEM2Dy9ZB+DYeDQeUkvltV8PzP4RjrRQf\/IgE0dbNI12qlx4wu4upcZw6ZXI6qD9R1+XfKGO2Gm0rvHKJjICs0G4q0dc5Jlq7nHg6HO4RNFs05tKILfV\/GkGnGfiF6OKDrn+tpQXC8YWQDZgNHgqzkghECPSoMYHUDMNC9tIFc634vZyyZhMuK2PxGMqzm9Fqu18NX5\/OgW2hrDQaS9+MnTT2RplrIQ3I+egSTaFkpOUmM\/lNhMCLV8GcGm6jNWOU9qMSoYcZ3J4ufPXesvLxZODf\/Ee9jKnDPwmyqdcHFg2IfY\/sJvVZm3+VhP5Jp4UrtTN7VHPnzyyBOzuka7MeySJC2WAKD0eav9Wq9yesVPKl42\/AakTe14SJsd6vC7ww35cWvVETgeC0E1R+Z1FfdnNT80otULu9c80iWDjwYhfBN1jylXW0tXufaU2YzMpkdmM67hf1gv3ZUzNlYwHAG5x0nbzsdA6aKfVWD8YB0kwFy9kKNz7tVYqzbdwpr3C6EByc5H9Su+uwoBX9Z\/6nkqgvg3h+BDpW738SYFRAujSmAOMrK0nYWBm7y9vv5Kdr56uucuD8TXTPNJx84JEMY1zO5HiQiMq0bSVisRMPKwk46sdQUHjJ7ItD+GB1lOivVqTDscyTxSFYAThNs5tpbQSLro9\/reX4+ORZbOlzIuOFpoMJhxwZOMr62KQSm9U9\/aWvNuajXXypKhjD48nB9vwPx4F0Md0XFXsVMYxbImYNN9BDka6SLMfoVM51cHe74QaqDp7z0OqfCCexFfiiV5ReuNjxOApzx8a2UtzdhIXY\/nfedOZHm5ocMYhtkFTJZaB\/pYvJHhJ3lD8FSr7R9uHktW9fzKUef3uPSjFqp6aBrT5N5LuyWvXYYGmaaPetLWZii0WW0FvjN9E2WS+oBFHFL6OiGK113IzY2WQNH2ax+peI8hYfRs5UlHOHZWhWRJ8WSwOZ\/kpiWMhtpdX9ZXvJcnuGamRIYMOntellCMm3soblAlCZkcKsVXndycgQfleuSP98UePJV3yCn06sbHeMnOiatiu8VNHwEDn2Wm\/SshQ7UbqeVQ9Gocqk42nSDnOBTl+v4sAI7AodAh5qzoHSS6AeTkPGcvDwKwdXbQtYdaq0e1F\/2GrD9\/ovDd29HFxkIfZyvESNuVejHf50Jl0ex00sTjaTzDluSyZi4\/6RX8fC6auCLLOq9QTa09V63LAGPRJ53UOKKhNLU4UKfYropdW7BHZzr6FvQzxgvJC3r31Wr3Z0TwS1mhThFg4B+2cHcrchZq6Yn7lNsurlQIaJVSypHwFKoOec4YQayBVYjsPgwnVhng08nB63vvMTH8QzI7v8XLcFthFL4SI32d+LhznVDAIWv7RraVEnQWCQIJNAWwnYXe5wJrfkhR4j25gMFETrN72KfybKcjIKgEj0fjxBemEgEZb8HdXEsexCL6fUJ2ZT9CdD1p2X7xfYjLBMKZAVuZw0GP+PqTXliO81rSxu8NVR2\/pU26WQMBwxl3srkpJkxBzRZt4uUKKkNgLBdVXBQaUuvDAXW1cYh9TQfpPGl4HsA2J0NJSV+dUcyOOR\/60jgIx4hwPf1CmxedvuzlcfSU7KPoYw0SF+dpK9CqSiPIxP68X4kGBkfcxhrEKxfQfToIwyIsiWqKwniQiXsS\/OExDf02r+z\/prFlF4PqSvUOPBDmg2PYP393aUZVT6p53i42w8IwZBEl0plpNJJvk4lh3K7DjXJkspZeap5\/aw7a8C1EVpHSIpkjPSYZmN66VA6q25RWa5mgF0ZStvMsuMMkHSnD7VDuwAbXDctnXRGMDNBagiQulmKye6hpNHcfSVSeO8IWrZv7RcE4c\/2G56KMQuoPg4A9Igg5PQuxA83I0YB2hK8XXlywQYs+QtEdhzCO6MzB6MwtlNzhD7Xi0qpySMNjD7CImc7dTob3cqhXl6vQPVEqH584QsYLLRuRN3tIgJ2jYDzz+UDgiC5v3wgvPdIQdmgzOHsnBwZUREPmMCTIPQTZCzzIrLPUH3Fg1j6FEY3MxIGyebAT1vcwajZW8tpr0cp+PsvLccYFmxRHa819AXFAHMGdjJl3ypFAKfzGmy2TYWr1oAAg0RZtFdO2vG6TY7lla1AYL+eM5ewkDcS55ZiDL+wgoUmVektdM1EJUQsT\/+OMiPJbMsythXpN2OAMvK\/waR0MEKCrkEBCyiJdh4qJdj3pFhmmDmcYRU\/WAHg6q83EPHjit91V7CCXvB0dM9LNdMlKs\/fvnGQJHUe6Ql8hJ5FupCEyzGx2FByziZqqWuF0OlqIztOjdWEvLuv9ceqs1C\/vMIZRMiV6VW0jyDqT7JPuoAMsYsBMw\/fYkbooJq5ECRy1lsaAVZzjfH\/HVsFef4Wa3F6hSXJIbspIgqHyJr7I6JXxqTMw4sygaMIa0yfjuayagq2UCgsxLFsWuMxJ433FubjZMC3YOoRLnadqT+3rcojcpeN4xYYYHZHKi8rODgQH2dwV4Ci3GE4WoGYVBYDsGPnASgIdUBexfYvV0Y6jaQcXV2ZQA\/mKFVX7exp\/TslL34z02C6DCMZAmVU4RHXlwGJCCfOM0OJKyRMmEWFjtV7Xqq5k6qhJgHMKNyMd39TVJKHyXFDLF30j4GhvE+BwYz77OO8IDqbo0dqVPkJ4ET+X5o1ROm5aAGyVVlw1pFnkoyij9EiSI9nPdyVdUeBTNjiDhrD1u+gP4b1QQZUUZptMhfJTRCM8zPbJjgSPoSs45EW7nbzxwJwsKXBXHl1CVI25e63dKxMTP\/qDnWWlkntoLn4wwN7Qhx9gBbKm\/cVmVRmDOzw+Q8Ek8LnpK\/p5mK7wtVF+rYSBSVkLJ+jsv8KDbbKf7o4DZ9OtYNfxHhR4\/20o7glnGsbECdvkDCJPkLyj\/0jIkK58sEtdHmd0hg9GmGcKprecpAvviwy+\/1s7hVdFJsj+0j5vWFguveb+crJRejTgQStrNO85ScfzXrS+VAWDf\/qCd\/ihLCD2eLLRA3ea9o3EfeOBjTI4Bh\/R3qG7aJIqcKNT84YRUadHYa0SkbC0vdpSK5KMKSAaSwLrbViD50MOF8bK\/sn4Sg+U3616HxnZTHjIksQ3WG\/05deBjEZF4tPu0OEMHCGWStF5UVUUBT9dNOFOv6Oe\/XpG8Z1zCVShv8lMXKjuQMsA\/6CMYkO6B3WUVESPzguoxvEDnC6VU97jTzeKPaBNmkJ+H2NoIyFBLiuvVfzv+TY7Sxi+PyAeoleZZaoxx4ciku6S8F\/2Xf588flMOIVJGDs8l7W9KhInNRQ9CpJQZLc1XSt26uSEeu5ljS5uVonAvnO1aG\/TiDW+BDn86pRkN8OJ1Tfu0HyUyyUtceJAqnjkDr0HM\/sFnDOSfLFbOJg743TnerA+s2IF\/UU+mcQz\/GvUoZQ4CpqAQR9PORGXCHxEPxi8VaPFz0Pcji9j8YrnBF2+uK9srLxTXHO1NIosnCmh06Wtl+O0V+GCTH3t3nENqFxKlDxfX9oxSXvMztOVvbrlpL2r6eT+q4ZxXIbV\/sRRyc32BT2Q+MG9R4gwW2plI7i7e4Udl2qOc4Tee9B6bJFxAB9vO9HXImU5vHyvZZUInD3KFFNOuMy5wqCVahEleQUecjDQlTmOEcJnWeSFmRtiqDWYBdWEm1lRB8YgOvKyve1W+XOksEI0o8SxAcmHyaOT3fzTNeC79MI7ke2Dkjv5twpnlsygLwBK7h6bLJ1n0lXbEQfKC1GhDETRd8exJwigQZj6gOBM154\/vLGGIReA+T5sVGdxzNxuAeQrzi23tb84p4k48MIONxX+2SRksRwoHS6laqkYo0SoYlxCT\/gm2+BWxmrRLb3ev1CE9DIEt4\/xvBZ76uto2lZ5pz5Z8Igo4qP3iGo7dk2gZDFuyvkmewbrhFAXqPuQ31APs1uPsx+rd3laLapy1oO6roYNkxTkvHvLYjqlPYk\/w8cstizZZ7ftB21AfapjyixzQpW4JtWuSTGa679fsUtpympQ54JycpqyiMB9ZBwvI7BesWDqGQQOC\/uQ8iquWU3g2n0Yp2qsZ4f\/Z+kvycJ3QxRk2Vfg0gWoerqZQNoy4QZrPGsz+KgHWDf51AyZmITRmWRArw7CQU6toUvHAOvEo\/f\/QnQDbM\/EBLWPfDF9Rcj6XbMfN3WShnCN++MiAkVeuvOfxfqHy9lJnttADOFaywWFRiA1cAzLi10CGqiIxBURBJ1GxMc1EOYoR+F2ZPpbaMuxz80tTMDkPt0I\/MXynvLXXvkLWxuTBhKLEUKlnJaXEXYQ2eLz6yK21s3zoSD3r4uRHj2PC5B4WgLDm9M0YW5PzRp1cBmTi3fD0wTN1Mv4nogwwreciBxZF5pmpZ+5nTcOoQkNSfPEtxeL0K5xrfmXZs84qLSaxIyzFg1VVqeD897mYaby0zyirHRSm7NmaNW9Ccp91AiLDnj4b4ilRy18XqnvcV2bA0BpmGqNBapfXFl2cOB9MNPRie8vKGNEfq4w8SCTyWOE20W061uqeNz8QVLiuNhHxB0wOvNI\/ULpfZWDAC63RRg0lYwrVlvgItVqe132+VyOdX81rKikChtV+x1ejatH4E02HFx+TpB7ccCBRix6bRwn7fK2KUUBlJ3DpuoJQSB+yHD\/PKa5HVMCPUXcnfEpi1B6sANldRjGlQ\/obnDWMfbbi+SWJwX5RSkBTCkKFnvJar9oR+r\/sC4m9g5jC5UGWyUrqes8bUgoGtltrRYi5Cz9qTqqgqmG4WnM6HfNvbtlxufV9DGJWI\/mJuxXnhxdGObPwVSPYKPNvwsvjmCQyrcubzAuLfofvczCRn2fReUF7uftCqEc4F2zRG7+djTX1aVNFp9tyNCuGSSf2TLnakSY6vuA7RdbS1UXXkFsDLUbv\/zEAb9uHnEtOKrsv9EOfnkYxJ0cmOGujutxabGeAE42Cctyl83V\/Ew4slmjLnVXQRMYkNa\/kylqiKxGkGsHxzj2eiXcA=","iv":"f37bd29a109f187bd725b00882f76572","s":"f8d95c73c1687483"}