Richemont is trying to turn the No.1 luxury pen maker into a watch, jewellery and lifestyle brand but is having trouble imposing the "male" brand in the female-dominated leather goods market, and big stores are squeezing margins, Ortelli said …

And the Asian lust for luxury watches knows no bounds,” he chortles. Is there one defining Asian consumer preference? “In general, I would say ornamentation. They want to see the craftsmanship. A beautifully cut minimalist suit is perhaps less …

Moreover, a watch is a personal fashion statement in a way that a smartphone isn't. Get a cover, and perhaps your phone develops a small amount of personality; that still doesn't compare to the personal statement you get to make with great luxury watches.

Richemont is trying to turn the No.1 luxury pen maker into a watch, jewellery and lifestyle brand but is having trouble imposing the “male” brand in the female-dominated leather goods market, and big stores are squeezing margins, Ortelli said …

But owning the most luxurious watch in the world is going to cost you: The split-second chronograph version is $500,000. And even if you could afford the outrageous price tag, they're not easy to come by since Patek Philippe only makes 50,000 of its …

There are a lot of watch stores though, and by and large they have a terrible reputation as of late. Why? It comes down to the failure of the luxury buying experience. Perhaps it is time to update the watch retail model to include more modern …

WatchWarehouse has told WatchPro about plans to launch an online shop-in-shop for luxury watches, as well as growing its number of bricks and mortar stores. The one-stop watch shops' plans for expansion both online and on the high street are still in …

"By 2014 we plan to add three more boutique outlets selling only Omega brand of watches. Currently, we have seven boutique outlets in the country. We also intend to add around six multi-brand luxury watch stores to our existing network of 48," P.H. …

Sales of high-end watches, jewelry and other luxury goods are on the rise at department stores as sentiment among wealthy people picks up thanks to rising stock prices backed by the aggressive economic policy of Prime Minister Shinzo Abe. In addition …