Are Luxury Watches Recession-Proof?

Are Luxury Watches Recession-Proof?

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The transcript discusses the impact of economic challenges like the cost of living crisis and recession on supply and demand in the watch market. Despite these challenges, the company remains confident in its supply chain and maintains a strong market position, particularly in the Swiss watch category. Pricing strategies are explored, noting that demand remains high despite price increases. The transcript concludes with recommendations for popular watches under $10,000.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker believe about the future of the watch category in the UK and Europe?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some popular watch models mentioned that are under $10,000?

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