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Patek Philippe, the notable luxury watchmaker, has recently launched its grand store in the heart of Hong Kong, specifically at Queen’s Road. The Store’s Design and Features Stretched over an area of more than 3000 square feet, this new store is designed with…
Industronics Bhd is tapping on the US$17 billion pre-owned luxury watch market through Ecgo International Ltd, its wholly-owned subsidiary in Hong Kong. This follows the launch of Industronics’ luxury watch e-commerce platform, watch-exchanges.com. Executive…
Patek Philippe, the closely held maker of $10,000-plus Calatrava watches, may be coming up for sale, according to analysts at Berenberg who cited industry talk. The 180-year-old Swiss watchmaker could fetch 7 billion to 9 billion euros ($8 billion to $10…
A “steady if cautious” Hong Kong retail recovery is clearly underway, according to a report from Savills released today. “The retail sector is slowly coming to life after four years of painful adjustment which has seen the emergence of a ‘tenant’s market’, a…
The current downturn in the luxury watch business is not stopping Cortina Watch from pressing on with its expansion plans. Last week, Singapore’s second-biggest watch retail chain officially opened South-east Asia’s biggest Patek Philippe boutique in ION…
He stayed out of the limelight and shied away from the media, so few might know that Mr Jopie Ong Hie Koa was one of Singapore’s true trendsetters. The late managing director of Metro Group, who died suddenly on Tuesday night at age 75, was the first to…
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.…
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