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WMR - September 2017

Foreword

WMR - September 2017


Dear friends,

Our team has just returned from the HKTDC Hong Kong Watch & Clock Fair. The 36th edition of the fair was as overwhelming as one could expect a fair of this magnitude to be! This year, the fair attracted 820 exhibitors from 24 countries and regions.

While our detailed report will give you more information, on the whole, there was one aspect that stood out the most-smart watches. Wearable tech was everywhere. Infact, there was an OEM section for smartwatches, for the right manufacturing partners in technology to expand into the smart watch manufacturing area. It was heartening to see Indian players like Titan, also participating in the same. It also seems that the affordable luxury segment is upcoming and will continue to grow. Hong Kong will play a major role in that.

Talking about watch fairs, we at Watch Market Review believe that the major fairs that happen in the world are great in the sense they bring the entire watch industry on a common platform. However, recently the global slump has impacted these to some extent. With social media, many companies are reaching out directly to the end customer. Some retailers and distributors say that it is becoming a tad expensive to participate in fairs. Yet, the benefits of these events are very well-known. What should organizers do in order to fit in better with the changing times? The situation is not very alarming right now, but it holds cues for what may be the case in the future. Maybe, as always, time sorts things out!

With Diwali round the corner, the festive season is upon us and it is only fit that we celebrate some great watches that make perfect gifts for others or for oneself. Our cover story highlights some watches that fit into the festive spirit. We also have a collection of interviews, new launches and events for your perusal! On behalf of the Watch Market Review team I wish all of you a very Happy Diwali and a prosperous new year!

Happy Reading...

SK Sign

Sunil Karer  
Editor