Watches Tag

Swiss watch exports to the US fell 0.4 % in November, by contrast, sales surged 40 % for the month in China - the biggest jump in almost three years.Read More

Posted On August 22, 2014By DanielIn Business, News, Luxury, Shopping

China hungry for Swiss Luxury Watches

Swiss watch exports to China saw a bumper 49 percent rise in July from the same time last year, new industry figures reveal, in a remarkable return to growth after anti-graft measures imposed on the Chinese luxury goods market hit sales. The value of exports of Swiss watches hit 169 million Swiss francs ($185.14 million) in July, compared with 113.4 million Swiss francs in the same period in 2013, according to the Federation of the Swiss Watch Industry, marking the highest upturn in the past 30 months. Sales of luxuryRead More