Swiss Watch Industry news and archive

Swiss watch industry facing slowdown

The Swiss watch industry may have to brace itself for a slowdown in 2019. According to Bloomberg the Swiss Watch exports saw an increase of 6.3 percent to 21.2 billion Swiss francs but the second-half saw a slowdown. This may well shape expectations for 2019 which experts warn is showing signs of stagnation. At the luxury watch trade fair SIHH...

Business

Swiss watch exports fall for first time since 2009

Swiss watch exports slumped in 2015, marking their first fall in six years, an industry body said Tuesday, as the key Hong Kong market tanked. After several years of record growth, exports last year fell by 3.3 percent to 21.5 billion francs (21.2 billion US dollars, 19.5 billion euros), the Federation of the Swiss Watch Industry (FHS) said. In...