page contents

Swiss Watch Rebound Continues, Led by Pricier Models

ZURICH, Switzerland — Swiss watch exports climbed for a fourth month in five as growth in higher-end mechanical timepieces made up for a decline in cheaper quartz models.

Shipments rose 3.6 percent to 1.7 billion francs ($ 1.8 billion) in July, the Federation of the Swiss Watch Industry said in statement Tuesday. Exports of watches wholesaling for more than 3,000 francs rose 5.9 percent, offsetting an 18 percent slump in timepieces costing less than 200 francs.

The outperformanc…
The Business of Fashion

Leave a Reply

Your email address will not be published. Required fields are marked *


This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: