Or... LVMH spends tons of money on market research and stuff and actually knows what the majority of their customers want. They probably also have sales data on what usually sell and not. Don't forget that the nerdy watch enthusiasts are a small minority in the grand scheme of things.
Plus, the increasing price without upping finishing or quality is a proven recipe all throughout the luxury market. As mentioned before in this forum, read the book 'Deluxe: How luxury lost its luster' by Dana Thomas to do a deep dive into understanding why a luxury product in many cases sells more if you change nothing about the product but increase the price.
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