Christie’s sees 42% rise in luxury watch sales in Dubai - ArabianBusiness.com

Christie’s sees 42% rise in luxury watch sales in Dubai - ArabianBusiness.com: "Dubai is poised to become a target market for rare, luxury watches with sales in the emirate rising 42 percent since 2008, London-based auction house Christie’s has said.
Two auctions of rare timepieces in the emirate last year generated sales of $2,506,425, Christie’s said, a rise of 19.5 percent on the revenue generated the previous year from rare watch sales.
The revenue represents a rise of more than 42 percent since 2008, Aurel Bacs, international head of Christie’s Watches told Arabian Business.
“The growth in watch sales since 2008 in Dubai has been beyond our expectations,” he said."

:Text may be subject to copyright.This blog does not claim copyright to any such text. Copyright remains with the original copyright holder.