$( 4234 % '(*%()!' -!* % The World Luxury Index™ China: Watches THE MOST SOUGHT-AFTER LUXURY WATCH BRANDS BY CHINESE CONSUMERS !(-( (.+N 9"$+L(&\)!(-(,\>'W(' MEDIA KIT EMBARGO – MONDAY, DECEMBER 17 TH – 6AM GMT
The World Luxury Index™ China: Watches THE MOST SOUGHT-AFTER LUXURY WATCH BRANDS BY CHINESE CONSUMERS
MEDIA KIT EMBARGO – MONDAY, DECEMBER 17TH – 6AM GMT
The Market.
“The Chinese watch and jewellery industry is worth
$4 billion alone”
Financial Times, September 2012
The Trend.
“China's overseas buyers spend around €11,000 on each
shopping trip to places like Europe, Singapore, and Hong
Kong.”
Wall Street Journal, August 2012
The Scope.
60+ watch brands
Unbiased insights from the top search engines in China:
100 million+ searches*
1,500+ watch models, 14 search intentions
&J&E.C.%9>&F(?()<&G)$(3D&'H&! Z!
The Brands. [$)>:F(?()<\6:+?]&8#.69&[9%*#+4&@)96:&4+C1+6%9%.$6,!
6""5'7310'89':;'<&/-51+
Haute Horlogerie Women's Jewelry Couture Prestige High Range H0&F96C+&N&'^#6+! _(>C9).! 8#96+>! _)+.%>.6C! _9(1+&N&`+)*.+)!H(:+19)4&".C(+%! 89)%.+)! E.$)! a(@>$%! _+>>&N&b$44!_>96*39.6! 8#9)).$>! a+)1c4! d1+C9! _)+1$6%!_$=+%! 8#$39):! F$(.4&e(.Y$6! "96+)9.! 8$6*$):!_)+C(+%! e96&8>++B&N&H)3+>4! b9>3#&F9()+6! b$>+?! f@+>!89)>&U&_(*#+)+)! 8#9(1+%! gHG&a+(+)! f@+)#9):!8$)(1! U)+:! U)h:h).i(+&8$64%96%!E+&_+%#(6+! a9))<&[.64%$6! G)9#91!E+;.Y! ".9C+%! V9*$@&N&8$!U)96*/&`(>>+)! g.j96<&N&8$0! F$6C.6+4!G.)9):I"+))+C9(?! F$(.4&f)9):!G>94#kY+&d).C.69>! `9().*+&F9*)$.?!G)+(@+>&U$)4+<! `$6%@>96*!\[8! "+))+>+%!V9+C+)IF+8$(>%)+! b9:$!V9i(+%&E)$A! b9<1$6:&[+.>!"9)1.C.96.! b$19.6&V+)$1+!"9%+/&"#.>.33+! '.66!b.*#9):&`.>>+! g+*#6$19).6+!b$C+)&E(@(.4! g(:$)!l><44+&L9):.6! e(>*9.6!e9*#+)$6&8$64%96%.6!m+6.%#!
XO!
Top 10 Brands Stay Strong. Top Luxury Watch Brands in China | 2012 vs.2011
<&/-5+ ()*(+ ()**+ =>87?038-+d1+C9! X! X! o! !"b$>+?! K! M! ! #$"F$6C.6+4! M! K! " !$"89)%.+)! O! O! o! !"b9:$! P! P! o! !""9%+/&"#.>.33+! Q! Q! o! !"e9*#+)$6&8$64%96%.6! R! Z! ! #%"\[8! S! R! " !$"".9C+%! Z! XW! ! #$"8#96+>! XW! XK! ! #%"
&J&E.C.%9>&F(?()<&G)$(3D&'H&!
!!!&!
!&
!
!&E+%9.>4&$6&"9C+&KQ!
\6%+)+4%+:&.6&4++.6C&%#+&*$13>+%+&)96/.6C&$B&QP&@)96:4p!@?%1#&3%"'08'02"'A8&75A/0#2B".8&0C'D23-/'E?/&0"&7F!
'$()*+,&E.C.%9>&F(?()<&G)$(3D&V96&qV(6&KWXK!
XP!
Winners Monopolize. \6&96&+1+)C.6C&19)/+%&;#+)+&9;9)+6+44&$B&419>>+)&@)96:4&.4&<+%&%$&@+&:+=+>$3+:D&%#+&>(*/<&;.66+)4&+6r$<&9&1$)+&3)+=9.>.6C&:$1.696*+!
8$139)+&%#.4&%$&9&19%()+&19)/+%&4(*#&94&U)96*+D&;#+)+&%#+&%$3&XW&@)96:4&*93%()+&QOn&$B&19)/+%&4#9)+!
The top 10 most searched for brands represent nearly 80% of
the search market
'$()*+,&E.C.%9>&F(?()<&G)$(3&V96I&V(6&KWXK!
The challenge for niche brands. “The influence of small or niche
brands is still quite limited in China. Especially since these
brands do not have a lot of dynamic and locally-relevant
information to share” David Chang, Editor-in-Chief, Perfect Time, China & WorldWatchReport™ Contributor
G/10"10',-#&"/13-H+
I"/&J8>"&JI"/&+ <&/-5+ ()*('
B/-K+()**'B/-K+
X" "//&.'! b$>+?" K" M"
K" "/*&,'! d1+C9" X" X"
M" ",.&.'! 89)%.+)" O" O"
XR!
The Big Get Bigger.
H%&9&brand levelD&%#+&%$3&M&B94%+4%&C)$;.6C&@)96:4&9)+&9>4$&%#+&@)96:4&%#9%&)+3)+4+6%&%#+&@.CC+4%&19)/+%&4#9)+,!
G/10"10'!"#&"/13-H+
I"/&J8>"&JI"/&+ <&/-5+ ()*('
B/-K+()**'B/-K+
X" 0*)&%'! l><44+&L9):.6" MR" MM"
K" 0)+&%'! "96+)9." XR" XP"
M" 0)-&*'! a(@>$%" KO" KX"
'$()*+,&E.C.%9>&F(?()<&G)$(3D&V96&qV(6&KWXK!
Top 3 Movers in Brand Search Volume Bottom 3 Movers in Brand Search Volume
!!!&!
!&
!
!&E+%9.>4&$6&"9C+&KQ!
\6%+)+4%+:&.6&4++.6C&%#+&*$13>+%+&)96/.6C&$B&QP&@)96:4p&@?%1#&3%"'08'02"'A8&75A/0#2B".8&0C'D23-/'E?/&0"&7F!
XS!
A Market Difficult for New Players to Crack.
H%&9&model levelD&%#+&%$3&P&1$:+>4&)+19.6&%#+&491+&94&>94%&<+9)D&@(%&6$;&%$C+%#+)&*93%()+&1$)+&%#96&PWn&$B&9>>&$6>.6+&.6%+)+4%&!
Searches for Watch Models in China | Top 5
'$()*+,&E.C.%9>&F(?()<&G)$(3D&V96&qV(6&KWXK!
&J&E.C.%9>&F(?()<&G)$(3D&'H&! XZ!
Bigger is Better? " HB%+)&+6r$<.6C&<+9)4&$B&4(**+44&.6&%#+&19r$)&*$94%9>&*.%.+4&$B&'#96C#9.D&_+.r.6CD&
+%*0D&%#+&@.C&;9%*#&@)96:4&9)+&19/.6C&9&3>9<&.6&.6>96:&8#.69D&;#+)+&%#+&+*$6$1<&.4&@$$1.6C&96:&>(?()<&*$64(13%.$6&.4&;9/.6C&(3&!
" H&)+%9.>&3)+4+6*+&.6&%#+&*$94%9>&*.%.+4&.4&6$%&4(s*.+6%&96<1$)+&96:&94&9&*$64+i(+6*+D&419>>+)&@)96:4&1.C#%&@+&3+69>.A+:&B$)&6$%&@+.6C&9@>+&%$&:+=+>$3&%#+.)&)+%9.>&6+%;$)/&.6&%#+&1.::>+&96:&;+4%&)+C.$6&94&@.C&@)96:4&6$;9:9<4&:$!
"#/&.'!
"#*&)'!
"#.&/'!
" \6%+)+4%&B)$1&%#+&;+4%&.4&*$6t)1+:D&94&%#+&)+C.$6&4#$;.6C&%#+&B94%+4%&C)$;%#&.6&4+9)*#+4&B$)&>(?()<&;9%*#+4!
" H&%<3.*9>&t)4%I%.1+&>(?()<&;9%*#&3()*#94+&.4&$B&9&>$*9>><&;+>>I+4%9@>.4#+:&@)96:D&%#(4&@+6+t%.6C&%#+&@.CC+4%&3>9<+)4&;.%#&>9)C+&>$*9>&@(:C+%4!
Growth of Total Searches for Watches in 3 Economic Regions
_)96:&691+&4+9)*#+4&$6><!'$()*+,&E.C.%9>&F(?()<&G)$(3D&V96&qV(6&KWXK!
&J&E.C.%9>&F(?()<&G)$(3D&'H&! KW!
How Can Brands Ensure Their Spot in the Market? " _.C&3>9<+)4&6++:&%$&9=$.:&%#+&>$6CI%+)1&).4/&$B&$=+)+?3$4()+&;#.*#&*96&>+9:&
%$&u>$C$&B9%.C(+v&!!
" f64().6C&%#+&@)96:&ELHD&6$%&$6><&%#+&@)96:&691+D&.4&;+>>I*$11(6.*9%+:D&(6:+)4%$$:D&96:&933)+*.9%+:&@<&%#+&>$*9>&9(:.+6*+!
" a+>3.6C&%#+&+?.4%.6C&*>.+6%+>+&%$&:.j+)+6%.9%+&<$()&@)96:&;.%#&$%#+)4D&@(.>:.6C&(3&9&%)(+&>$<9>%<!
" U$)&419>>+)&@)96:4D&;#$&(4(9>><	=+&>+44&*94#&9%&%#+.)&:.43$49>&B$)&)+%9.>&96:&1+:.9&.6=+4%1+6%D&%#+&:.C.%9>&*#966+>&.4&+43+*.9>><&4%)9%+C.*&%$&)+9*#&9&;.:+&9(:.+6*+&96:&+6#96*+&@)96:&9;9)+6+44&i(.*/><&!
" !"#$%&'#($)(*#+,#-.#$+?#.@.%.$6&#$4%+:&.6&%#+&3).=.>+C+:&a$(4+&$B&b$$4+=+>%&$6&%#+&_(6:&.6&'#96C#9.!
" g#+&b$>+?&$s*.9>&@)96:&39C+&$6&E$(@96D&9&*(>%()+I$).+6%+:&4$*.9>&6+%;$)/&(4+:&@<&9&;+>>I+:(*9%+:D&()@96&3$3(>9%.$6!
vs. Worldwide average: 4.1%
vs. Worldwide average: 1.5%
Share of Online Interest for Style & Price
Style of Greater Interest Than Price.
&J&E.C.%9>&F(?()<&G)$(3D&'H&! KM!
Why So Much Interest for Watch Styles?
Boom in Style-Related Searches
=! =!
G.B%&3()*#94+&39Y+)64&.6-(+6*+&4+9)*#&1$%.=9%.$64&%$;9):&1$)+&C+6+).*&96:&4%<>+I$).+6%+:&.6B$)19%.$6!!
H&1$)+&43+*.t*&.6%+)+4%&B$)&;9%*#&4%<>+4&.4&+?3)+44+:&$6*+&*$64(1+)4	=+&9**(1(>9%+:&4(s*.+6%&9;9)+6+44&$B&@)96:4!
F9*/&$B&>$*9>.A+:&;9%*#&1$:+>&691+4&>+9:4&%$&4%<>+4&@+.6C&4+9)*#+:&94&9&4(@4%.%(%+!!
!!!&!
!&
!
!&E+%9.>4&$6&"9C+&KQ!
\6%+)+4%+:&.6&#$;&%#+4+&.64.C#%4&*96&.139*%&9&@)96:x4&$6>.6+&19)/+%.6Cp&!
@?%1#&3%"'08'02"'A8&75A/0#2B".8&0C'D23-/'E?/&0"&7F!
Chinese Tastes Become More Sophisticated.
“Swiss-made brands carry a lot of cachet for Chinese consumers…In the past people bought a watch just to show off, but now they are learning more about the brands, and have their favorites and dream watches. People want to know the story behind each watch.”
Wall Street Journal, January 2012
&J&E.C.%9>&F(?()<&G)$(3D&'H&! KP!
Localization is Key. " ")$1$%.6C&;9%*#&1$:+>4&96:&+:(*9%.6C&*$64(1+)4&.6&9&>$*9>><&)+>+=96%&;9<&.4&
6++:+:&.6&$):+)&%$&@(.>:&(3&9&%)(+&)+>9%.$64#.3&;.%#&%#+&8#.6+4+&19)/+%!!
" H:93%.6C&%#+&3)$:(*%&$j+).6C&$)&39*/9C.6CD&@<&(6:+)4%96:.6C&>$*9>&3)+B+)+6*+4&.4&9&1(4%!
" d1+C9x4&E+&e.>>+&1$:+>^&9*#.+=+:&+6$)1$(4&4(**+44&&.6&8#.690&\%4&:+>.*9%+><&%)964>9%+:&8#.6+4+&691+&1.C#%&9>4$	=+&@++6&$6+&.13$)%96%&*$6%).@(%$)0!
" 8#.6+4+&%)964>9%.$6&$B&E+&e.>>+&I&y蝶飞xD&;.%#&3)$6(6*.9%.$6&*>$4+&%$&%#+&$).C.69>&$6+&1+964&yU><.6C&@(Y+)-<x&.6&8#.6+4+D&96&+94<I%$I)+1+1@+)D&<+%&&+?%)+1+><&+>+C96%&691+&B$)&%#+&>$*9>&9(:.+6*+0!
" u8$(3>+4&;9%*#+4v&$)&u>$=+)4&;9%*#+4Dv&9)+&9&3$3(>9)&C.B%&$3%.$6&B$)&;+::.6CD&966.=+)49).+4D&$)&e9>+6%.6+x4&E9<0&g#.4&.6*>(:+4&9&4+%&$B&%;$&19%*#.6C&;9%*#+4D&9&/,0$1$/#+00!
" '$1+&@)96:4	=+&:+4.C6+:&+?i(.4.%+&39*/9C.6C&%$&B+9%()+&9&39.)&$B&*9)+B(>><&4+>+*%+:D&*$>$)&96:&4#93+I19%*#+:&;9%*#+40!d1+C9&'+9194%+)&
*$(3>+4&;9%*#+4!
Interested in More Information?
65 luxury watch brands
20 markets, including BRIC
1,500 popular models and collections
20+ international invited contributors
MN<O='PG'DP6M=6M@++D?&&"-0'10/0"'89'02"'7?Q?&F'4/0#2'3-5?10&F'3-'D23-/+!• g$3&OW2QP&_)96:&b96/.6C&f=$>(%.$6&{Xa&KWXK&=40&Xa&KWXX|!• U$*(4&$6&g$3&`$=+)4&N&'#9/+)4!• E+196:&f=$>(%.$6&@<&`9.6&F(?()<&8$6C>$1+)9%+4!• E+196:&f=$>(%.$6&@<&8#.6+4+&b+C.$6!• f=$>(%.$6&$B&%#+&g$3&KW&`$4%&'+9)*#+:&`$:+>4&{Xa&KWXK&=40&Xa&KWXX|!
P?0788K'8-'02"'3-R?"-#"'89'#8-1?$"&'."&1."#03>"1+!• f=$>(%.$6&$B&*$64(1+)&.6%+)+4%&B$)&43+*.t*&;9%*#&4%<>+4&N&3).*+&:+%9.>4&
{Xa&KWXK&=40&Xa&KWXX|!• U$*(4&$6&4%<>+I)+>9%+:&4+9)*#+4&B$)&g$3&O&@)96:4&{Xa&KWXK|!• \139*%&$B&>$*9>&691.6C&$6&@)96:&9;9)+6+44,&39)%.*(>9).%.+4&B$)&%#+&
a(@>$%&@)96:D&d1+C9&E+&e.>>+&96:&b$>+?&d<4%+)&"+)3+%(9>&*$>>+*%.$64!• \139*%&$B&ge&3)$C)914&B$)&>(?()<&@)96:4,&g#+&8#96+>&&VXK&*94+!!N-/7FS3-H'%&/-5'."&98&$/-#"'8-'@8#3/7'T"53/+!• _+6*#19)/.6C&KS&;9%*#&@)96:4&$6&'.69&[+.@$,&'.A+&$B&8$11(6.%<&=40&
f6C9C+1+6%&b9%+&{Xa&KWXK|!• `$4%&f6C9C.6C&g$3.*4&$6&'.69&[+.@$,&U$*(4&$6&g$3&XW&@)96:4!!N.."-53QU''M2"'P-73-"'@#&?03-F'8>"&'O?Q?&F'A/0#2"1'/-5'V8>"&-$"-0'V3903-H'+
`$)+&.6B$)19%.$6&$6,&;;;0;$)>:;9%*#)+3$)%0*$123)+1.(1&&$)&*$6%9*%&(4&9%,&;$)>:;9%*#)+3$)%z:.C.%9>I>(?()<0*$1&&!
@?%1#&3%"'%"98&"'+W/-?/&F'X*L'()*('98&'02"'A8&75A/0#2B".8&0C'()*X''Y&"$3?$'=53038-'Z=[B'*\L;))]'/-5'&"#"3>"'02"'
7/0"10'D23-/'E?/&0"&7F'/1'/'%8-?1+
WorldWatchReport™ China Quarterly.
&J&E.C.%9>&F(?()<&G)$(3D&'H&! KZ!
ABOUT.
www.digital-luxury.com
www.luxurysociety.com
[.%#&$s*+4&.6&L+;&w$)/D&G+6+=9D&'#96C#9.D&96:&E(@9.D&E.C.%9>&F(?()<&G)$(3&{EFG|&.4&%#+&t)4%&.6%+)69%.$69>&*$1396<&%$&3)$=.:+&>(?()<&.6:(4%)<&19)/+%&.6%+>>.C+6*+&96:&(4+&%#.4&4%)9%+C.*&=.+;3$.6%&%$&*)+9%+&96:&.13>+1+6%&:.C.%9>&19)/+%.6C&96:&*$11(6.*9%.$6&4%)9%+C.+4&B$)&>(?()<&@)96:40&!
F(?()<&'$*.+%<&.4&%#+&;$)>:}4&1$4%&.6-(+6%.9>&$6>.6+&*$11(6.%<&$B&%$3&>(?()<&+?+*(%.=+40&_94+:&.6&"9).4D&;.%#&1+1@+)4&.6&1$)+&%#96&XPW&*$(6%).+4D&F(?()<&'$*.+%<&.6B$)14&96:&*$66+*%4&8fd4D&1969C+)4D&r$()69>.4%4D&*$64(>%96%4D&:+4.C6+)4&96:&969><4%4&B)$1&9*)$44&%#+&>(?()<&.6:(4%)<0&!
www.europastar.com
"(@>.4#+:&;.%#$(%&9&@)+9/&4.6*+&XZKRD&f()$39&'%9)^&:+=+>$3+:&9&(6.i(+&)+9:+)4#.3&;.%#.6&%#+&.6%+)69%.$69>&;9%*#&*$11(6.%<0&f()$39&'%9)x4&19C9A.6+4&9)+&*.)*(>9%+:&@<&3+)4$69>&19.>&$=+)&%#+&t=+&*$6%.6+6%4&%$&1$)+&%#96&XQW&*$(6%).+4&96:&:+>.=+)+:&:.)+*%><&%$&%#+&:$$)4&$B&%#+&:+*.4.$6&19/+)4&.6&%#+&C>$@9>&;9%*#&.6:(4%)<0&!
CONTACT.
G78&"-0'<8-58?Q+a+9:&$B&'%)9%+C<&N&\6%+>>.C+6*+&!~$6:$(?z:.C.%9>I>(?()<0*$1&!
^23F?"'_=#28`'^28?+8#.69&E.C.%9>&")$r+*%&`969C+)!AA#$(z:.C.%9>I>(?()<0*$1&!
M/$/&'a839$/-+a+9:&$B&`9)/+%.6C&N&`+:.9&b+>9%.$64!%/$.B196z:.C.%9>I>(?()<0*$1&!
Y/%78'T/?&8-+G+6+)9>&`969C+)D&EFG&8#.69!319()$6z:.C.%9>I>(?()<0*$1&!
www.digital-luxury.com www.worldwatchreport.com
GfLfeH! Lf[&wdb�! 'aHLGaH\! El_H\!