Tough Time for Watch Sales

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NEW YORK Watch sales are suffering at the hands of the economic slump like the rest of the luxury market, but more modestly priced and classic timepieces are poised to hold their own better than others, industry experts said.

“In the past, many jewelers did not want to bother selling watches under $400 or $500, but that has completely reversed,” said American Watch Guild executive director Bert Kalisher. “Now, stores that never carried watches priced $100 to $400 are starting to stock them, and they find it’s working.

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