Watches in Spain - New Report Available
The deteriorating economic conditions in Spain continued to negatively impact the performance of watches in Spain in 2012. The impact was direct, due to the large upsurge in unemployment and stagnating salaries for those fortunate enough to have maintained their jobs, which drastically reduced consumers' ability and appetite for spending. However, the impact was also indirect, as levels of economic uncertainty and anxiety increased rapidly. Sales of watches fell by 5% in current value terms in...
View full press release