Yesterday, the reporter visited several watch lines located at Huaihai West Road, Nanjing Road, and Jing'an Temple. It was learned that high-end watches rose continuously this year, Vacheron Constantin rose about 6% in July, and Rolex rose 5% in August.
Industry sources said that even before the introduction of the consumption tax, the retail price of imported high-end watches sold in the Chinese market has been rising. Taking Swiss-imported watches as an example, each brand has an average annual price increase of 5% to 10%. Mainly because the demand for high-end watches in the domestic market has been heating up, so retail prices have a larger room for growth.
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