After the wild success of Omega MoonSwatch and Blancpain Scuba Fifty Fathoms, watch enthusiasts across the globe are speculating about which collaboration will happen next …
Vietnam currently has five USD billionaires and may have six by 2025. With the rise of the rich, the Vietnamese market will be a fertile land for luxury brands.
Of all the Swiss watchmaking legends, Pierre Jaquet-Droz distinguished himself in the "Art of Astonishment" and his marvellous automata from the late 18th century.
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Who needs a watch when you have a phone? It might be one of the most common comments watch lovers encounter, but it misses a vital point: watches don’t merely tell the time, they transfer a little joy to the wearer who’s so inclined.
In the case of high-end and jewellery watches, they can bring even deeper enjoyment, along with the visual impact and delight of a sparkling adornment.
That’s something, obviously, that no phone has achieved, a fact seemingly not lost at a time of increased personal wealth and spending power.
Forbes reports that despite the pandemic, the rich have become even richer, the number of billionaires among us ballooning.
Spending falls amid COVID-19, but luxury brands continue to open in Vietnam s busy retail market Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
12/12/2020 07:03 GMT+7
While Covid-19 has caused financial hardship for many, it has not hurt the wealthy, who are still buying luxury items but not at the same level as they did before the pandemic.
A luxury shop located at a 5-star hotel in the central area of Hanoi displays handbags priced at thousands of dollars, which are out of reach for most consumers except for the wealthy.
Compared to other regional countries, however, consumer demand has been relatively stable in Vietnam, though the number of foreign travelers has dropped sharply. That is why luxury brands are still flocking to Vietnam despite Covid-19.