Market Report, "Luxury Jewellery and Timepieces in Indonesia", Published
Luxury jewellery and timepieces expanded its consumer base in Indonesia during the review period. The area is highly dominated by men's fine timepieces, which accounted for around 70% of total value sales in 2013. As it is increasingly valued as a status symbol among male consumers, fine timepieces are sought more for their prestige. The number of brands offered in Indonesia through several luxury retailers in recent years also limited spending on fine timepieces overseas and thus boosted...
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