Questions tagged [luxury watches]

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BlockchainBaron BlockchainBaron Tue Aug 27 2024 | 7 answers 1562

Why are luxury watches cheaper in Hong Kong?

Could you elaborate on the reasons behind the lower prices of luxury watches in Hong Kong compared to other regions? Is it due to favorable tax policies, a higher volume of sales, or perhaps a more competitive retail environment? Additionally, how does this pricing difference impact the global market for luxury watches, and what are the potential benefits and drawbacks for consumers and retailers alike?

Why are luxury watches cheaper in Hong Kong?

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