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Tag Archives: Swiss watch market

Swiss watch exports fall for fourteenth straight month

Investec Switzerland. Swiss watch exports fell in August as demand weakened from Japan to the U.S., extending the industry’s slump to fourteen months. © Magryt | Dreamstime.com Shipments dropped 8.8 percent to 1.4 billion francs ($1.4 billion), the Federation of the Swiss Watch Industry said in a statement Tuesday. The slowdown has spread from Asia to Europe and the U.S. in recent months, leading Cie. Financiere Richemont SA, the maker of Cartier and IWC Schaffhausen...

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