These highly engineered timepieces make perfect gifts–if you’ve got serious cash.
In Pictures: Cool High-Tech Watches
Times may be tough and jobs scarce, but consumers around the globe are increasingly willing to spend to get the very best. Just look at the world’s largest purveyor of fine goods, LVMH Moët Hennessy Louis Vuitton: The company reported a 19% increase in revenue last quarter, with double-digit growth in all business groups. LVMH’s watch and jewelry lines reported growth of 24% for the first half of 2010, more than any other component (including fashion, wines and fragrances) of the French powerhouse.
