With Europe and the United States economy gradually stabilized, grew out of economic recovery dawn of whether Hong Kong’s exports afternoon riding the sky, becoming just the end of Hong Kong Watch & Clock Fair’s focus of attention. Exhibitors and a comprehensive research and analysis that, with the 6,7 month to promote the Christmas orders, the entire watch market conditions really picked up, individual exhibitors during the show also received a small amount of Christmas fill orders, but before the financial turmoil is only the overall quantity of the normal 7 percent or so. However, asking price and the buyer’s positive attitude to take to do, as long as the stock replenishment momentum will continue through the end of this year, next year should be able to look at high-line market outlook is expected to remain stable and progressive development, and wait until next year in Europe and the United States economy, consolidation of the recovery in , Hong Kong exports are expected to watch full recovery.
HKTDC Watch Industry Advisory Committee Chairman, Mr LAU Chin-ho said that in the shadow of financial turmoil, market sentiment is still conservative, the buyer to replenishment-based, the new single performance in the doldrums, the market outlook, reflecting the buyer outlook remains cautious. Fortunately, most buyers think that the worst has been in the past and future trends will be good. He said: “Buyers of this mentality is also normal, because it could not expect to have v-shaped rebound, the general can only be some bearish.” As for the performance of this year’s Christmas orders, Liu Chin-ho refers to the majority of orders have already been basically finalized in July, is expected to in September there will be a small amount of urgent orders, but higher than normal shipments of Christmas, still less by 15%. As the industry does not exist this year’s Christmas single high expectations, it is expected early next year there will be a great market conditions, not rebounding, we may have not become apparent until years of recovery. He predicted that the mainland consumer market by the financial turmoil, the least impact on the demand for medium-priced watches, they will be the first rebound, after following the United States and Europe, Southeast Asia, Europe and the United States will vary the pace of Eastern Europe will have to be longer.
Brand Hong Kong odm manufacturer Sweda Group Chairman Mr So Wing Keung think that the current assessment of the performance of the Christmas orders is premature to watch the first half of the export decline is related very much, but fortunately a small amount of 7,8 urgent the month with the Christmas single led, market conditions have improved, there can only look forward to recover gradually. He said: “I have been this line for 38 years and have never tried so hard this year, of course, get even better, if the tie is considered a satisfactory close.” As the financial turmoil still hidden, the buyer orders the implementation of the attitude of Christmas very cautious, repeatedly asked a reasonable price, creativity, quality and design, a number of “ordinary” products lack of interest. Looking at this year’s Watch Fair, referring to the image of the entire exhibition area and the high quality of decorative design, help create a Hong Kong brand to attract overseas buyers.
Main concept of health, when thousands of latitude limited, its business development director Lo Wei-kin describe this year’s show is not enthusiastic crowd, but met with the attitude of buyers into the cargo aggressive, some have started to discuss next year’s color models, in which Spain Italian buyers desire stronger. He said: “In the face of adversity is still taking orders to do is obviously power buyers to help them show high-quality screening customers.” To this end, this year, the company’s sales strategy is the emphasis on quality and not quantity, focusing on finding two or three large customers to establish a long-term partnership and look forward to when the economy improves received more fixed-handed. He pointed out that 6,7 months of this year’s Christmas orders performance is acceptable, single-volume is normal when the 7 into European and American buyers repeatedly stressed the need to ensure they are delivered on time, or Christmas may be out of stock selling, which reflects the local retail and Importer warehouse inventory is very low, there is substantial replenishment needs. However, he also worried that shares a single urgent to cover positions after wave of purchasing power, can continue until the end of the year, as it relates to the market’s confidence in the first half of next year. “If the buyers are still into the shipment in November, we are confident will strengthen, if taken to wait and see attitude afternoon at most can only be said to be stable.” It is noteworthy that, due to improvement in orders in June onwards, plus the Christmas single, or deferred emergency by the end of September, has already appeared and robbed the workers of factories to Shenzhen and Dongguan, the most obvious.
Italian brand tonino lamborghini hope that through participating authorized agents to find. The company’s sales manager Luo Jialun admitted significantly reduced this year’s U.S. customer, the U.S. financial crisis hit, reducing also the unanticipated. Therefore, the last two years they have spread to the Middle East market, the local business fairly stable, only a single volume of less than the market as big as Europe and the United States. In addition, they are also optimistic about the mainland market, this year will focus on boosting demand, the hope of finding a suitable partner. They also encountered in this show a lot of aggressive Mainland buyers, the problem is very difficult to find out each other’s actual situation, it takes time to follow up contacts. He disclosed that, in the past has followed in major cities in the Mainland, TDC organized marketing activities, blind touch feel better than their results, due directly to consumers, is a good channel for trial operation.
Since some of the Christmas fill a single extended until Q4 before implementing, HKTDC Assistant Chief Economist Daniel Poon expects Q4 watch exports will continue to improve next year, Christmas retail sales market outlook mainly depends on the situation. Initial analysis showed that the market bottomed out as Europe and the United States next year, market conditions will improve, particularly in developing countries rely on exports of European and American countries, will be the first to benefit. Still need to pay attention to Europe and the United States financial system has not yet stabilized, the unemployment rate is still high, is bound to affect consumption and import demand, even if a positive replenishment buyers, but has failed to return to normal levels before the financial tsunami. In view of the first Hong Kong’s watch exports in July fell 24% as much as he estimated that in the first half of next year will decline gradually narrowed.