However, if the luxury goods industry as a whole does not seem particularly affected by the global economic crisis, luxury replica watches, showing signs of a slowdown, especially in China.
Decline in the sales of luxury watches
Luxury watches, coastal much? In any case, expensive watches sales decline in early October, the "Golden Week". This will be the result of the economic recession, but also corruption, the launch of political persecution in China. However, the same watch exports are doing well. From January to August this year, exports grew by 16%, compared to the same period in 2011. Reduce is well known, and announced that the decrease in domestic consumption in China, the export of luxury watches continue.
Region's luxury watches
In fact, the strong exports of high-end watches opposite trends in different regions. If China experienced a recession, it's strength in the U.S. market and the rebound observed in Europe, offsetting. A greater growth reduction occurred, according to Philippe Pegoraro, chief economist of the Federation of the Swiss Watch Industry. In addition, the number of watch exports is a more relevant indicators of suppliers. In this regard, the economic growth in the first eight months of 2012 compared with the same period last year is almost zero.
Looking for luxury replica watches for sale
LVMH and Swatch Group distributor Hengdeli, especially head control, maintain a good mid-range, and even increased. € 6,000 pieces ($ 50,000) lost ground. Customer's average consumption expenditure will be reduced. In mainland China, looking for the open luxury watches Chinese officials. As for the people, the officials of luxury watches wrist is a symbol of corruption. Especially because it is in theory a meager income. Results: The sacked officials and decline in sales in the watch industry.
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