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The Future of Luxury Watches
The Swiss watch industry this year sold 16 million units of smartwatches. For us in 2021 and continuing with the majority investment was very important to understand what role that plays in the mindset of a luxury watch consumer. We surveyed our consumers like I'd already mentioned. And actually what we found is that amongst luxury watch communities in this price category of above $5,000, this is actually a very complimentary product.