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Watch market hammered by £300 billion counterfeit trade

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Watches top a list of industries most susceptible to counterfeiting, with Rolex among the “most intensely” targeted brand of any sector, new research shows. In...

Smart watch shipments to reach 110m units in 2016

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Worldwide shipments of wearable devices are expected to reach 110 million by the end of 2016 with 38% growth over the previous year. According to...

Cartier and Chanel have greatest brand recognition in lucrative Chinese market

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Chanel and Cartier rank as two of the top three most powerful fashion and lifestyle brands in the burgeoning Chinese market, a major new...

Watches priced above £1,000 keep UK market in growth

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The UK watch market inched up 2% year-on-year in March, latest growth figures from research house GfK reveal. Overall volume shipments weren’t disclosed, but the...

Monthly sales crunch leaves retail sector feeling flat

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Total year-on-year sales neither grew nor declined in March, according to the latest British Retail Consortium (BRC) and KPMG sales report, covering 28 February...

Watch sector will take “years” to corner contactless payments market

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The global value of mobile and wearable contactless payments is expected to reach $95 billion (£67 billion) annually by 2018, up from less than...

Monthly Swiss watch sales to the UK slump £2.4m

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Swiss watch exports to the UK dropped 3.3% last month to CHF93.1m (£67.1m), a fall of CHF 3.3m (£2.4m) on the same period last...

Casio and Rolex are most searched for watch brands on Google

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The Casio G-Shock and the Rolex Submariner are the top two most popular watches based on Google searches, new research claims. Data published by Karus...

Pricing ‘sweet spot’ catches UK watch market by surprise

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A surge in demand for watches priced between £500 and £1,000 could provide an unlikely sales boost for UK retailers that get their product...

167,000 fewer watches sold in the UK last year

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The UK watch trade shifted 167,000 fewer watches last year than it did the previous 12 months as the market saw a decline in...