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Slump In Chinese, Hong Kong Demand Sends Swiss Watch Exports Plummeting: 'Negative Trend Is Even Worse Than We Expected,' Says Analyst - Swatch Gr (OTC:SWGAY), Compagnie Financiere (OTC:CFRUY)

The exports of Swiss watches have recorded their most substantial drop since 2020, with a significant decrease in demand for high-end timepieces in key markets such as China and Hong Kong.

Switzerland , Hong-kong , Israel , China , Zurich , Züsz , Tehran , Iran , Swiss , Chinese , Louis-vuitton , Jean-philippe-bertschy

Swiss Watch Exports Are Plunging Globally

Swiss Watch Exports Are Plunging Globally
hypebeast.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hypebeast.com Daily Mail and Mail on Sunday newspapers.

United-arab-emirates , Singapore , Hong-kong , Germany , China , France , Japan , Switzerland , United-kingdom , Swiss , Federation-of-the-swiss-watch-industry

Swiss Market Ends Flat After Lackluster Session

Swiss Market Ends Flat After Lackluster Session
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

Brussels , Bruxelles-capitale , Belgium , Switzerland , Zurich , Züsz , Swiss , Georg-fischer , Dennis-riedl , Lindt-spruengli , Barry-callebaut , Julius-baer

Swiss Watches Exports Show the Biggest Monthly Decline in 4 Years

Exports of Swiss watches fell 16 percent in March, compared with the year prior. That's the largest monthly decline in exports since 2020.

China , United-states , Hong-kong , Hollywood , California , Switzerland , Geneva , Genè , Swiss , Jean-philippe-bertschy , Tori-latham , Federation-of-the-swiss-watch-industry

Swiss Market Ends Flat After Lackluster Session

The Switzerland market ended flat on Thursday after a highly lackluster session as investors stayed reluctant to make significant moves amid a lack of fresh triggers.

Switzerland , Zurich , Züsz , Swiss , Georg-fischer , Lindt-spruengli , Julius-baer , Barry-callebaut , Schindler-holding , Logitech-international , Tecan-group , Straumann-holding

Swiss Market Ends Flat After Lackluster Session

The Switzerland market ended flat on Thursday after a highly lackluster session as investors stayed reluctant to make significant moves amid a lack of fresh triggers.

Switzerland , Zurich , Züsz , Swiss , Julius-baer , Barry-callebaut , Georg-fischer , Lindt-spruengli , Tecan-group , Partners-group , Straumann-holding , Swiss-life-holding

Watch Industry Puts On a Brave Face as Watches and Wonders Opens

Watch brands and their publicly listed parents have had a tough start to 2024 due to the strong Swiss franc and tepid demand in China and elsewhere.

France , London , City-of , United-kingdom , United-arab-emirates , China , Japan , Schaffhausen , Alsace , Switzerland , Hong-kong , Miami-beach

Rolex CEO says don't treat watches like stocks

The iconic brand just unveiled new models and discontinued one at the Watches and Wonders trade show in Geneva

Hong-kong , Geneva , Genè , Switzerland , China , Swiss , Federation-of-the-swiss-watch-industry , Rolex , Google , Gucci , Swiss-german-language

With Watch Sales Down, Brands Hope for a Trade Show Boost

Organizers say the 2023 Watches and Wonders Geneva had a global reach of 700 million. Many in the industry hope for that kind of interest this year, too.

Geneva , Genè , Switzerland , Swiss , Laurent-dordet , Federation-of-the-swiss-watch-industry , Wonders-geneva , Swiss-watch-industry , Watches-and-clocks , Conventions-and-trade-shows , Watches-and-wonders , Matthieu-humair

Luxury market in India rides the new wave of affluent buyers

2023 was a record year for Indias luxury market. The affluent population in India is expanding rapidly, with the number of high net worth individuals (HNIs) expected to reach 16.5 lakh by 2027, up from 7.9 lakh in 2022. Similarly, the number of ultra-high net worth individuals (UHNIs) could surpass 19,000 by 2027, compared to about 12,000 in 2022, as per Bain's estimates.

Beijing , China , Mumbai , Maharashtra , India , Ayodhya , Uttar-pradesh , Switzerland , Italy , Hurun , Guangxi , Paris