Rich live in different time, luxury watches fly off shelves

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The story "Rich live in different time, luxury watches fly off shelves" was covered 4 days ago by Times of India, a news publisher based in India.

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Times of India 4d ago

Rich live in different time, luxury watches fly off shelves - Times of India

Quick Summary:

Luxury watch brands are experiencing a surge in demand across metro and tier-2, tier-3 cities in India in 2024, despite a global slowdown, especially in China.

Increased affluence and competitive pricing in India are driving growth, with cities like Mangalore and Pune becoming significant markets, prompting global brands to expand their presence.

NEW DELHI: Sales of smartwatches may be struggling, but luxury watches are seeing record demand, not just in the metro markets but also in tier-2 and tier-3 cities.