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":"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","iv":"81e203ea70c8142fdaa977bb4d9dca1a","s":"3548f0c6207fb2f8"}