Business / Industries

Luxury market loses oomph

By Shi Jing (chinadaily.com.cn) Updated: 2015-01-20 15:28

No 6 Rolex

Rolex manufactures, distributes and services wristwatches sold under the Rolex and Tudor brands. Founded by Hans Wilsdorf and Alfred Davis in London in 1905 as Wilsdorf and Davis, Rolex moved its base of operations to Geneva in 1919.

Luxury market loses oomph

An employee puts a watch into a counter at a store of Rolex in Shanghai, China, 9 December 2013. [Photo/dfic.cn]

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