Skip to content
Living

Patek Philippe slashes prices by over 20pc in HK

By Rajiv Menon
1 min read
5884574 3x2 700x467
5884574 3×2 700×467

Swiss luxury watch brand Patek Philippe announced a significant markdown in prices by up to 22 percent in the Hong Kong market, a move analysts believe is aimed at taking on an influx of European watches through parallel imports, Shanghai’s the Paper reports.

Weekly Briefing

Asia's retail intelligence, in your inbox

Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.

  • Top industry moves and market shifts
  • Weekly data-driven analysis from across Asia
  • Tuesday, Thursday and the Saturday Weekly Wrap

Read by retail operators, investors and brand teams across Asia.

Protected by a quick human check. No spam, ever. Unsubscribe in one click.

SecureGDPR ready