CITING the Boston Consulting Group’s outlook that global luxury demand is expected to be worth US$880mil in 2010, one of Singapore’s most well-known watch specialist is optimistic that Sincere Watch Ltd will be better-posed to take a bigger bite out of the Asian luxury watch market.
Tay Liam Wee, chairman and group managing director of specialist watch retailer and distributor of Sincere Watch, one of Singapore’s oldest and most established retailers of brand-name luxury watches has joined hands early this week with LVMH Moet Hennessy Louis Vuitton SA and Standard Chartered Private Equity Ltd to boost its business.