In March 2016 its first store debuted in Sydney’s Queen Victoria Building and a Melbourne CBD location followed in 2018. Importantly, in December 2019 the corporate opened a new boutique for its status model, Grand Seiko, at Pitt Street Mall in Sydney. These have been included in this section of the State of the Industry report, according to Jeweller’s definition that brand-only stores could be owned and operated by the proprietor of the model, or underneath licence by third parties.
- That is, more and more, luxury manufacturers in a single class are increasing their product offering into watches and jewelry,
