How Covid-19 has changed the rules of luxury in London
After months of restrictions that have shut shops and factories, Bain estimates sales could fall as much as 35% in 2020
18 June 2020 - 12:08
London — Brian Duffy says he knew it would be a good day even before Watches of Switzerland Group opened the doors to its flagship store on London’s Regent Street for the first time since March.
The shop had arranged for a stream of customers to come pick up Rolex watches they had ordered, said Duffy, CEO of the UK’s biggest seller of luxury timepieces. And then the phone began ringing. “We were inundated with people calling and asking us ‘are you open?’” he told Bloomberg...
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