Welcome to the Luxury Watch Barometer (LWB).
What we do: LWB provides powerful sales, inventory and brand health information/metrics to leading watch brands and retailers across the country. Subscribers receive brand-level performance measures (sales and inventory levels; turns; and profitability margins) as well as historical and recent trend data.
Who we are: LWB was launched by the founder of LGI Network, formerly the leading market research firm focused on luxury watches in the United States. LGI served 70% of the leading watch brands and retailers representing over 8,000 storefronts -- providing them with performance reports synthesized from the point-of-sales data of the nation’s leading retailers. Brands and retailers became reliant upon this information to objectively measure performance as a key component to developing strategic plans and tactical initiatives. Afterward, LGI was acquired by the NPD Group (now part of Circana).
The Catalyst for LWB: Leading luxury watch brands and retailers approached former LGI executives last year, stressing the need for critical retail performance information, especially during these increasingly uncertain times following the COVID-propelled boom in luxury goods sales. We developed LWB to fill the significant information void identified by the industry.
LWB’s Panel and Services: LWB's information service is based on monthly sales and inventory point-of-sale data received from a panel of over 2,000 luxury jewelers across the nation. For nearly all luxury watch brands, the panel represents between 40% and 60% of the brand's authorized jewelers.
LWB's information is available to subscribers only. For additional information, please contact us at info@luxurywatchdata.com.