“This year will be very difficult … Stocks will be massively backlogged.” This is what the CEO of Gucci Watch Division said at the Basel Watch Fair. This year’s extremely popular “Global Watch Ordering Conference” looks like The atmosphere was especially dignified.
The attitude of watchmakers conveys a message that high-end watches are really not easy to sell. Right now, more and more watch brands are lowering their prices, either implicitly or implicitly. At the beginning of this year, Hublot adjusted the price of mainland watches to be basically the same as that of Hong Kong, which was regarded as a direct price reduction of about 15%. For agents who have survived best replica watches watches, the current situation is not optimistic. The backlog of inventory is very difficult. On the one hand, they are afraid to buy new high-end watches this year. Merchants digest their inventory.
Regarding the future, the industry generally believes that the sales of high-end fake watches Waterloo will not be able to pick up in a short time. If this situation continues, agents may cut off watch stores and even cut off agency brands.
swiss replica watches watch brands are not up to their best. They have survived this year’s tough times, and this year they can’t help but adjust their price strategies.
Hublot first heard the “price cut”. On February 1 this year, Hublot announced that it would implement the same price policy in Hong Kong and the Mainland, and the price will be reduced by about 15%. It is reported that Hublot’s price adjustment is not only to revive sales performance but also due to the impact of the China-Switzerland Free Trade Agreement and the reduction of luxury goods tariffs. The price of this brand watch ranges from 100,000 yuan to one million yuan, and the price adjustment range will range from 10,000 yuan to more than 100,000 yuan.
Out of concerns about “direct price reduction,” more watch brands have chosen more hidden price strategy adjustments.
“For example, we usually sell a batch of replica watches for sale watches, but now, we will provide more watches close to replica watch.” The relevant person in charge of TAG Heuer, a subsidiary of LVMH Group, said.