Tag: NPD
Watch sales recover after 78% plunge at height of the pandemic
NPD research shows the devastation of physical retail but also points to retailers' finding ways to trade during lock downs.
Watch sales bounced in June, but remained 20% below the same...
Watch brands need to be alert to shifting shopping habits as customers shift towards ecommerce retailers.
Shoppers focus on comforts and essentials for home as Coronavirus fears...
Information lags behind the rapidly growing affect of the Covid-19 pandemic, but there were already signs in the week ending March 7 of building trends.
It’s official: Smartwatches outsell traditional watches. Now what?
Carol Besler runs a rule over the traditional sub-$500 watch market and finds little cause for optimism.
One in five Generation Zers struggle to tell the time with...
Forget describing the inner workings of a flying tourbillon or a coaxial escapement, the watch industry may have to explain what hours, minutes and seconds hand do.
What’s making women tick?
The NPD Group's Reginald Brack says watch manufacturers are now learning that they can no longer simply “bling it and sling it”.
Mechanical watches battle back despite surging sales for smartwatches in United...
Traditional watches captured nearly two-thirds of industry dollars in Q1 2019. While smartwatch sales surpassed that of traditional watches during the 2018 holiday quarter, traditional watches have otherwise represented the majority of the market’s annual sales, according to the March 2019 NPD Watch Total Market Report.
NPD reports 13% rise in sales for the US watch market,...
In a tale of to markets, Reg Brack says that smartwatches are adding to the size of the wristwear market, but eating into sales for traditional volume brands.
Value of luxury retail products ‘not lost on millennials’, report suggests
The report also outlines how in contrast to popular belief, many young consumers appreciate an in-store experience as well as the ease of online.
WATCH: Brands increasingly aiming to ’embrace’ the certified pre-owned market, says...
Executive director, industry analyst for watches and luxury at NPD Group, Reginald Brack, has explained how the boom of eBay and second hand sites has...
