China's luxury watch demand for the first time over the United States
Market research firm Digital Luxury Group online survey "World Clock and Watch Report," said: "Since the study on the line in 2004, China surpassed the United States for the first time to become the largest demand for luxury watches, the country, according to Kepler Research said , China is the biggest driver of watch industry demand and expects that the luxury watch market in Asia will rise to just over two-thirds from just over 50% last year by 2016.
"World Watch and Clock Report," said the online consumer willingness to buy, Omega is narrowing the gap with the world's leading brand Rolex. One-third of Omega sales are in China. Rolex occupy a larger share of the Western market, while in the Chinese market lags behind Omega and Longines.
Bain Capital, a US consultancy, said the U.S. luxury market is still ahead of Japan and China, making it the largest in the world, but its growth rate was only one-third that of China last year.
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