How the Military Heavily Influenced Luxury Watches

The video discusses the competitive advantage of a watch company, emphasizing passion, consistency, and teamwork. It explores the influence of military design on watches, particularly the transition from pocket watches to wristwatches during WW1. The video highlights the company's appeal to female customers with iconic models and feminine adaptations. It also covers the demand and pricing strategy in the luxury watch market, stressing the importance of maintaining demand above supply.

What historical context does the speaker provide regarding the use of pocket watches in the military?

What does the speaker suggest about the relationship between demand and supply in the luxury watch market?