Emerging Markets To Drive Growth In Luxury Spending
Posted on 22.05.10
Luxury spending in the US has surprised on the upside since the beginning of this year and there is a clear link between equity markets and consumer spending. While an improvement in the luxury market was anticipated, especially given the low comparison base from last year, the rebound is stronger than expected. Growth is mainly driven by emerging markets, particularly in China where the luxury industry is booming, driven by increasing wealth and a strong affection for Western luxury brands. Last year, the global recession, rising unemployment and falling equity markets dampened the lust for spending. Unemployment remains elevated and household debt is still high, but it is not the average consumer that counts when it comes to luxury spending. In the US for example, 60% of income is earned by the top 20% households. The S&P 500 is now up about 70% from its lows a year ago and many people are close or back to pre-crisis wealth levels.
TAG Heuer Link Calibre 7 Advanced GMT Watch – Magnetic Bezel Men's ...
Posted in TAG Heuer Link Calibre 7 Advanced GMT Watch – Magnetic Bezel Men's ...
There’s no word about availability for the TAG Heuer Link Calibre 7 Advanced GMT watch or the price, but this interesting travelers watch should be available soon. The Link Calibre 7 is the only 24 city GMT watch that has an instant-adjust feature. The Link Calibre 7 Advanced GMT carries on that tradition with a variety of features. TAG Heuer knows how to craft a quality watch. All of the hands on the watch are luminescent, and the minute and hour hands are plated in polished Rhodium. It has a patented magnetic bezel system that allows wearers to adjust the city simply by turning the bezel. The steel watch is 42mm wide and houses an automatic mechanical movement (base ETA), that they call the Calibre 7. The curved crystal is made from scratch-resistant sapphire and is treated on both sides with an anti-reflective coating.
Tag Heuer Link News
Tag Heuer Link Caliber 5 Watch for $1250 + free shipping
Posted on Jun 12, 2010 in I4U
Today only, eWatches.com offers the Tag Heuer Men's Link Caliber 5 Watch, model no. WJ201B.BA0591, for $1250. With free shipping, that's the lowest total
TAG Heuer: Embracing corporate social responsibility with electric car's round ...
Posted on Jun 12, 2010 in Financial Times
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Posted on Jun 12, 2010 in Financial Times
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Formula One common link between SRK & Leonardo
Posted on May 19, 2010 in Press Trust of India
DiCaprio, an avid racing fan, recently kick-started the Tag Heuer's Odyssey of Pioneers- a unique roadshow travelling to 15 destinations, with a specially
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Introduced at Baselworld 2007, TAG Heuer new Link collection introduces the Link Calibre S www.tagheuer.com
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