The Watch Industry
At Time After Time, we’ve witnessed the evolution of the watch retail and repair industries for over three decades. We have watched trends come and go, but one thing has remained constant: consumers’ devotion to quality and fashionable timepieces.
- Watch industry in the U.S.*
- $9.13 billion: watch sales in 2014
- 7.7% increase in sales from 2013
- 1.2 billion watches sold annually worldwide
- $178: average annual U.S. household watch spending
When people have more disposable income, they invest in a new watch. When money is a little tight, they get their watches repaired. The Time After Time watch retail and repair franchise program serves both these needs, offering a balanced and stable business model. Watches are a fashion accessory, a display of stature and a functional tool, making them a product that draws interest from many different types of customers.
The Time After Time company leadership consistently researches and monitors watch industry trends and can make recommendations to franchise owners regarding inventory purchasing, as well as future sales and repair outlooks. It’s just another way Time After Time is dialed into franchisees’ needs.