UK watch sales top £912m
First published: 21-01-2011
Last year, a total of £912 million was made in timepiece sales in the UK, GfK Retail and Technology has told watch fans.The market research company released the figures, which indicate a positive growth for the industry, while many retailers and department stores also recorded good results.
In fact, more than 10.8 million timepieces were sold in the country in 2010, with a 20 per cent rise being seen with department stores.
However, drops in watch sales for some retailers in Britain during the festive season were blamed on the wintry conditions which struck the country throughout December.
Jonathan Hedges, senior account manager at GfK, believes that overall trading in 2010 was a good sign, but added: "In terms of actual volume and value sales, there are no doubts that the adverse weather experienced across the country during December had a significant impact on watch sales during that period."
Meanwhile, Robert-Jan Broer, writing for AskMen.com, recently said that he believes that large watches are here to stay, after a recent fad in the products.
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