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Retailers say demand for luxury goods not affected by money laundering case probe

SINGAPORE - An ongoing money laundering probe has not impacted the sales of luxury goods here, but retailers say some buyers are now conscious of attracting unwanted attention. Mr Nicholas Lim, director of Chuan Watch, said that while there has been a dip in the demand for luxury watches, this was on the back of poorer economic sentiment in 2022..

Money laundering probe did not impact demand for luxury goods including prestige cars: Retailers

Retailers say some buyers are now conscious of attracting unwanted attention. Read more at straitstimes.com.

Money laundering probe did not impact demand for luxury goods, including prestige cars: Retailers

A beginner s guide to investing in luxury watches

When you hear the word "investment", what comes to mind? We're guessing traditional instruments like stocks, real estate or bonds. But what about luxury watches? Luxury watches are more than just fancy timepieces. They're also specimens of precision and craftsmanship, make beautiful family heirlooms, and can be good investments if you pick the right ones. To successfully invest in.

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