swiss watch exports
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Swiss Watch Exports Continue to Decline
Swiss Watch Exports Continue to Decline The bad news just keeps coming for Swiss watch makers as sales continue to plummet in Asian markets. The Apple Watch is just one of the factors blamed for the decline. On Tuesday, the Federation of the Swiss Watch industry released a report showing watch exports were down 8.5 percent for the third quarter of 2015 following a drop of 10 percent in July and 9....
Swiss Watch Exports Fall
Swiss Watch Exports Fall Shipments of Swiss watches fell in August and the Apple Watch is being cited as one factor in the decline. The first drop in exports in six years is anticipated with the demand for low-end watches taking the biggest hit. On Tuesday the Federation of the Swiss Watch Industry reported on its website that shipments had declined 1.6% for the month of August, down to $1.5 billi...