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Five luxury watch brands captured 60% of Swiss industry revenue last year
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According to a post by The Economist, Switzerland is home to approximately 450 watch brands. Last year, just five of the most prestigious brands—Rolex, Cartier, Patek Philippe, Omega, and Audemars Piguet—captured 60% of the industry's total revenue. The post poses the question of how these five brands are achieving such a dominant market share, suggesting an analysis of their strategies. No further details or conclusions are provided in the source item itself.
Source report
Switzerland is home to approximately 450 watch brands. Last year, just five of the most prestigious names—Rolex, Cartier, Patek Philippe, Omega, and Audemars Piguet—captured 60% of the industry's total revenue.
For more details, visit the full article: How are they doing it?
Source
TheEconomistWestern