Shopping Bag: (0)
Luxury items are expensive That is neither a new nor revolutionary thought But whereas purchasing a Ferrari or an Andy Warhol painting begets a price tag that most people are happy to justify — seller, buyer, and overall marketplace — equivalent items from the world of timepieces are often held up as “too expensive” That isn’t to say it makes sense to purchase a watch that costs the same as a sports car.
However, people need to better understand that the man-hours, research and development, and tactile additions that go into manufacturing a luxury vehicle also apply to something small and wearable like a luxury watch. Suppose the average person wanted to spend $3,000 and earned a salary in line with the U.S national average of $44,564 per year, based on a traditional 40-hour work week That purchase would be 67 percent of their annual income before taxes So what exactly makes a wristwatch cost — and actually worth — nearly seven percent of. Source
The Garmin Venu is the company's new smartwatch for everyone, but instead of the frugal screens Garm...read more
TAG Heuer has used this weekend's Monaco Grand Prix to unveil the first of five 50th Anniversary Mon...read more
Get the best news about jewelry and watch industries, products and services