Luxury Watchmaker Panerai Sees 'Significant' Growth in China

The video discusses the post-pandemic consumption trends in China, highlighting the shift in spending patterns as Chinese consumers stay local. It addresses the challenges faced by the luxury market in Hong Kong due to reduced tourism and political issues. The business strategy includes opening new stores, particularly in China, despite global economic fluctuations. The impact of currency changes on pricing is examined, along with trends in watch sizes and consumer preferences, emphasizing Panerai's market position.

How do currency fluctuations impact the pricing strategy of Swiss watch brands like Panerai?

What trends have been observed in watch sizes and styles among consumers, particularly in China?