Monday, November 8, 2010

Wristwatch sales are actually on the rise this year

With clocks being built into almost every digital gadget and machine, wristwatch sales have seen a decline in the past few years. But market analysts say the centuries-old time-telling tool is trying to make a comeback.

Wristwatch sales are actually on the rise this year, according to June Rhee, the fashion watch buyer for the Macy's department store chain.

"The overall watch business and the watch industry have been experiencing an unusual growth this year ... it's explosive, and people who've been in the industry for 20, 30 years have never seen numbers like this," Rhee says.

Rhee says the watch has become the "it" accessory of the year.

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