United Arab Emirates, Oversupply? Analysis of the UAE watch market
An analysis of the UAE Watch market by Bertrand Weisrock
The hub for luxury watches in the Middle East has been met with challenging times these last three years. Basically, there is too much supply, with the continuous opening of new extra-large malls, at too high a price for the (now slowing) demand.
The watch market in the United Arab Emirates has been declining since 2015. The Middle East has been the worst
performing market for many brands for the last years.
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