Shinsegae to hold sales event for luxury watches in Busan

Home > Business > Industry

print dictionary print

Shinsegae to hold sales event for luxury watches in Busan

Shinsegae Department Store said yesterday that it will hold a luxury watch fair for two weeks at its Centum City branch in Busan starting today.

Watches from 18 top brands including IWC, Breitling, Cartier and Tag Heuer will be displayed at the fair. The retailer said that it organized the event because sales of luxury watches at its stores have increased in recent years. In the first half of this year, sales jumped 11.8 percent compared to the previous year.

An official from Shinsegae noted that unlike in the past, when luxury watches were considered to be for successful men in their 40s and 50s or for a wedding gift, today, consumers in their 20s and 30s are interested in the product.

More in Industry

Booze boom

Move over Federer

Hanjin KAL slams largest shareholder, accusing it of peddling lies

Tech firms brief president on state of AI research

Dongsuh recognizes female authors at Scent of Life Awards

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now