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2. Luxury Goods Sales Decline for the First Time in Over a Decade

   www.aol.com/finance/luxury-goods-sales-decline...

   Even Richemont, initially resilient to the downturn, saw a 1% decline in sales during the first half of its fiscal year due to dwindling Chinese demand. Outside of China, the picture is more mixed.

3. Rolex dealer: Lean times may be ahead for luxury watch ...

   www.aol.com/finance/rolex-dealer-lean-times-may...

   One of the top luxury watch dealers in the world says it sees a softening of sales, signaling even new watch dealers might be facing leaner times. Watches of Switzerland group saw its shares drop ...

4. Global luxury sales to fall 2% in 2024, among weakest years ...

   www.aol.com/news/global-luxury-sales-fall-2...

   By Elisa Anzolin. MILAN (Reuters) - Sales of personal luxury goods are set to fall 2% this year, making it one of the weakest on record, with price hikes and economic uncertainty shrinking the ...

5. Quartz crisis - Wikipedia

   en.wikipedia.org/wiki/Quartz_crisis

   Quartz movement of the Seiko Astron, 1969. The quartz crisis (Swiss) or quartz revolution (America, Japan and other countries) was the advancement in the watchmaking industry caused by the advent of quartz watches in the 1970s and early 1980s, that largely replaced mechanical watches around the world.

6. Arcadia Watches - Wikipedia

   en.wikipedia.org/wiki/Arcadia_Watches

   Arcadia Watches is a Swiss brand of luxury watches [1] established in 1858. In 1968, the brand ceased due to a decline caused by the introduction of quartz movements. [2] It was relaunched in 2007 by Claude Sanz, owner and President of Maison Bunter based in Geneva, and the first new Arcadia watch, the AC01, entered the market in 2010.

7. New Rolex, luxury watch demand soars as pre-owned market ...

   www.aol.com/finance/rolex-luxury-watch-demand...

   The market for new high-end luxury watches is still strong despite big drops in luxury watch prices on the secondary market. ... Net sales climbed a healthy 18% versus a year ago as margins ...

8. Gallet & Company - Wikipedia

   en.wikipedia.org/wiki/Gallet_&_Company

   Gallet (ˈgæl.eɪ) is a historic Swiss manufacturer of high-end timepieces for professional, military, sports, racing, and aviation use. Gallet is the world's oldest clock making house with history dating back to Humbertus Gallet, a clock maker who became a citizen of Geneva in 1466.

9. Why America is the place to be for luxury watch brands - AOL

   www.aol.com/finance/why-america-place-luxury...

   When it comes to luxury Swiss watches, America is still number one. The latest figures from the industry group the Swiss Watch Federation showed that while industry sales fell 12.6% in September ...