- Morgan Stanley’s Top 50 Watch Brands for 2024, Rolex Still by far the . . .
We can see that the leading privately owned brands (Rolex, Patek Philippe, Audemars Piguet and Richard Mille) are still growing in this challenging environment, while all three listed groups lost market share – LVMH and Richemont, but mostly the Swatch Group, which reported sales down 14 6% in 2024, are reporting a decline of (estimated) sales
- Luxury Lethargy Sets In As The Market Braces For Up To A 5% . . . - Forbes
Luxury consumers, disillusioned by recent price hikes and stagnant creativity, are pulling back on purchases, leading to a 5% drop in the luxury goods market
- The Top Watch Brands of 2024—Morgan Stanley LuxeConsult Report is In!
Luxury brands like Patek Philippe, Audemars Piguet, and Richard Mille are also on the rise, and together with Rolex, they now control 47% of the market This signals a clear shift: fewer watches being sold, but at significantly higher prices
- The top 50 Swiss watch brands in 2023 according to Morgan Stanley and . . .
The Swiss watch industry concluded the year on a positive note, achieving record sales totaling CHF 26 7 billion, with CHF 25 5 billion attributed to wristwatches (+7 7%) sold in a total of 16 9 million units
- Tudor sales slump by 23% but Rolex turnover ticks up 5% to CHF 10. 6 billion
Rolex-owned Tudor experienced one of the worst sales slumps of the entire Swiss watch industry in 2024, according to an annual state of the market report by Morgan Stanley
- Luxury confronts slowdown amid economic headwinds and market . . .
Press release Luxury confronts slowdown amid economic headwinds and market disruptions, while industry resilience and strong fundamentals underpin future prospects
- Luxury Watches In Focus: How the Market Changed In 2024
From the top performers that dominated the industry, to the models with the most noticeable price increases, we’re analyzing the trends that are keeping collectors and enthusiasts alike on the edge of their seats We’ll also explore the innovative designs and stylistic trends that were in the spotlight in 2024 1
- Luxury Market Faces First Slowdown in 15 Years, Estimates 5 to 2% Decrease
The luxury market is facing its first slowdown in 15 years amid global pressures reported the Bain Altagamma Spring 2025 Luxury Goods Worldwide Market study
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