Luxury Timepieces Find a Home on the Courts

The Australian Open final not only announced a winner of the game but also announced one in the world of luxury timepieces. More and more players have started endorsing watches and they gaining worldwide market exposure in the course, manufacturers are starting to pursue the results of big events with as much fascination as clothing and equipment sponsors.
The record Melbourne final won in six hours by Novak Djokovic over Rafael Nadal proved to be another enormous success for Audemars Piguet, who signed Novak to a contract only last year and promptly fitting her with a classic Royal Oak Offshore Diver. For several seasons, Nadal has endorsed Swiss rival watch Richard Mille, and wears the limited edition, personally designed RM035 model – costing around $500,000 – on court as well as off and has done so for several seasons.
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With China's booming economy, it's no wonder it's the world's largest market for luxury goods, and that includes luxury timepieces, according to the China top Wristwatch Report.
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Global Timepieces, a store established in 1999 that retails mid-range brand watches to high-end luxury brand watches, has just opened a store in the K11 Art Mall in Hong Kong.
One of the brightest trends to emerge in the watch industry these days is the growing tendency of timepieces to glow in the dark.
Haute Time Curator Seth Semilof sits down with Marzio Villa, President of Cuervo y Sobrinos timepieces at Basel World
Italian automaker Ferrari has dabbled in the manufacturing of elegant, high-quality timepieces for years. However, the luxury automotive brand has had a shaky relationship with many manufacturers.
Analysts and watchmakers say the Swiss watch industry is unlikely to continue benefiting from the extraordinary growth they have been accustomed to over the last couple of years.
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