New Market Research Report: Watches in the US
Growth in value sales of watches slowed down in 2013, after growing by double-digits in 2011 and 2012. Sales of watches plunged by 10% in current value terms in 2009, during the Great Recession. Consumers of all income levels were shaken up by the recession, and took a break from buying discretionary items such as watches. As the US economy began to recover, high-income consumers felt more confident about their economic prospects, and started to spend again on gifts and...
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