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Dominant players in watch distribution

RETAIL

October 2019


Dominant players in watch distribution

Often originating from Hong Kong, the continent’s watchmaking hub, giant groups have formed to organise the emergence of multiple points of sale in the People’s Republic of China. At the same time, two ubiquitous platforms dominate watch e-commerce and daily life.

XINYU HENGDELI

When we talk about watchmaking in China and Hong Kong, it’s almost impossible not to mention the power of this leading actor, whose control extends to both sides of the border: the Xinyu group, which operates more than 400 points of sale in the People’s Republic of China, and the Hengdeli group, which operates 71 points of sale including the Elegant chain in Hong Kong and mono- and multi-brand stores in Hong Kong, Macau, Taiwan and Malaysia.


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