Today in luxury marketing:
Swatch Group sales soar despite weaker China luxury demand
Booming demand for watches in China is more than offsetting a slight cooling at the top end of that market, world No. 1 watchmaker Swatch Group -- which owns Breguet, Tiffany & Co., Blancpain and Omega -- said on Tuesday, July 25 as it stuck to a forecast for record annual sales, Reuters reports.