Sales of super expensive watches are bouncing back fast ...Middle East

Quartz - Economy
Sales of super expensive watches are bouncing back fast
source : Quartz ( Middle East ) () 13
It’s not an ideal period for many watchmakers, given the ubiquity of digital devices such as smartphones, smart watches, and fitness trackers that have taken over the job of telling users the time.But if you are in the watch business, you’re probably better off in its high end. The allure of luxury watches that go for thousands of dollars is about much more than keeping track of the hours and minutes. That’s been especially true during the pandemic.The Swiss watch industry produces most of the world’s luxury watches, including an estimated 95% of those retailing for more than 10,000 Swiss francs ($11,250), consulting and tax firm Deloitte noted in a recent report (pdf). It’s home to brands s

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