Academy Christophe Colomb Hurricane. |
Global Watches Market to Reach US$46.6 Billion, While Clocks Market to Record US$5.4 Billion by 2017, According to a New Report by Global Industry Analysts, Inc.
GIA announces the release of a comprehensive global report on Watches and Clocks market. The global market for Watches and Clocks is poised to reach US$46.6 billion and US$5.4 billion respectively by the year 2017. Recuperation in demand for luxury watches post recession, robust demand from developing markets especially Asia-Pacific and rising popularity of fashionable, vintage and innovative models are forecast to drive market growth.
Rising income levels and increasing purchasing power of many young affluent professionals provides an opportunity for watch manufacturers to tap substantial demand for ultra luxury watches. As an effort towards this end, global luxury-watch brands are competing with each other to introduce innovative watches with new technology, design and materials. Key luxury watch companies across the globe are focusing on meeting all the necessary prerequisites for competing with the Swiss manufacturers such as Rolex, Swatch Group and Richemont, which lord over luxury watch segment. Presenting watches that feature advanced capabilities such as use of robots, hi-tech coating, and advanced materials such as ceramics and titanium, etc.
GIA announces the release of a comprehensive global report on Watches and Clocks market. The global market for Watches and Clocks is poised to reach US$46.6 billion and US$5.4 billion respectively by the year 2017. Recuperation in demand for luxury watches post recession, robust demand from developing markets especially Asia-Pacific and rising popularity of fashionable, vintage and innovative models are forecast to drive market growth.
Rising income levels and increasing purchasing power of many young affluent professionals provides an opportunity for watch manufacturers to tap substantial demand for ultra luxury watches. As an effort towards this end, global luxury-watch brands are competing with each other to introduce innovative watches with new technology, design and materials. Key luxury watch companies across the globe are focusing on meeting all the necessary prerequisites for competing with the Swiss manufacturers such as Rolex, Swatch Group and Richemont, which lord over luxury watch segment. Presenting watches that feature advanced capabilities such as use of robots, hi-tech coating, and advanced materials such as ceramics and titanium, etc.
The Power ball and the Fusée-chain constant-force transmission system. |
However, this genius timepiece above from Zenith proves the reason why - with this immaculate creation one does not have to wonder about the magnitude of the success in Luxury market. Not a timepiece that sells everyday, but innovation as such are the epitome of the Luxury world.
The Zenith Academy Christophe Colomb Hurricane ($280,000) has not one but two complications that clear this bar, so we leave you unprepared when you hit the power ball.
It wont be easy to acquire or own, since it is a limited edition of 25 pieces ONLY, 45mm x 14.35mm rose gold case (21.4mm thick with domed sapphire crystal).
It may seem somewhat unusual with its “bubble” and all the visible components with impressive mechanics underlying it all.
It may seem somewhat unusual with its “bubble” and all the visible components with impressive mechanics underlying it all.
Sentosa Tanjong Beach Club. |
Zenith unveiled the Basel 2013 collection through an exciting platform, Fashion TV’s first beach event in Asia held on August 3rd 2013 at the Sentosa Tanjong Beach Club.
Along with the luxury show line-up, Zenith’s new collections were showcased on three of the fashion runways highlighting the year’s main collection – Pilot Montre d’Aéronef Type 20. The evening ended on a high note with guests thoroughly enjoying themselves and having fun with our huge Pilot Montre d’Aéronef Type 20 GMT Red Baron. It was indeed a night to remember where great styles, outstanding quality and amazing trend-setters all came together to share and appreciate the finer things in life. A perfect embodiment of Zenith’s core value – Pleasure.
Along with the luxury show line-up, Zenith’s new collections were showcased on three of the fashion runways highlighting the year’s main collection – Pilot Montre d’Aéronef Type 20. The evening ended on a high note with guests thoroughly enjoying themselves and having fun with our huge Pilot Montre d’Aéronef Type 20 GMT Red Baron. It was indeed a night to remember where great styles, outstanding quality and amazing trend-setters all came together to share and appreciate the finer things in life. A perfect embodiment of Zenith’s core value – Pleasure.
And that is exactly what Luxury is in one word, as a great reward " Pleasure ", for success.
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