Swiss Watch Slump: Exports to China down 25%
Swiss watch exports slumped in February, down 8.2 per cent, with sales in China down by a quarter.
Swiss watch exports slumped in February, down 8.2 per cent, with sales in China down by a quarter.
Swiss watch exports slumped in December, with the US suffering its first drop in six months.
China is to get its first dedicated Rolex store. The luxury Swiss watchmaker will sell direct to consumers at the HKRI Taikoo Hui mall, in Shanghai, according to Chinese media reports. The store will be operated by Bucherer, the long-established watch retailer that was wholly acquired by Rolex last September, and will carry Bucherer branding. … Read more
Watch and jewelry sales in the US picked up significantly in June, with their biggest single monthly increase in two years.
Swiss watch exports recorded a steep decline in March as demand in China and Hong Kong