Swiss watchmaking in January 2017

Watch exports continued to decline during the month of January. They were 6.2% lower with a total value of 1.4 billion francs. The negative trend has flattened out somewhat in the past three months but remains significantly in the red. There seems to be a growing consensus that the worst may be over for the … Continue reading Swiss watchmaking in January 2017

Latest Statistics on Swiss Watchmaking in October

2016 is considered to be a year of recovery of Swiss watch industry. However, reality get worse than ever. In October, Swiss watch industry exports in fact reported their steepest fall of this year. The value was 16.4% lower against same period of last year at 1.7 billion francs. The variation over ten months now … Continue reading Latest Statistics on Swiss Watchmaking in October

Latest Statistics on Swiss Watches

The downturn in watch industry exports flattened out in the third quarter, but remained significant September, according to the data from FHS, at -5.7%. The total value then stood at 1.7 billion francs with the benefit of a more favorable comparison base. Fewer watches are being shipped overseas due to retailers purchasing fewer pieces to sell, … Continue reading Latest Statistics on Swiss Watches