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Swiss watch retail splits as brands open boutiques while buyers prefer multi-brand stores
The Swiss watch industry faces a contradiction. Deloitte's 2025 study shows 38% of buyers prefer multi-brand stores while 41% of manufacturers plan new mono-brand boutiques, as US tariffs and retail ...
America is still an emerging market when it comes to luxury watches. Now, tariffs could upset a rare bright spot for Swiss watch companies. U.S. watch collectors are continuing to spend even as other ...
The Swiss luxury watch market is ending 2024 in a stark contrast. While the secondary market has weakened, the auction scene for high-value, unique, provenance-rich watches has experienced a ...
[ZURICH] Swiss watchmakers at their annual back-to-school gathering in Geneva were putting a brave face on US President Donald Trump’s tariffs threatening their businesses. That may change if their US ...
After more than two years of growth, Swiss Watch exports are declining. According to a report from the Federation of the Swiss Watch Industry, exports experienced a sharp decline in March, falling 16% ...
The watch market is not operating like clockwork right now. Swiss watch exports dipped by 16.4 percent in August, hitting $1.98 billion (1.57 billion Swiss francs), a new report from the Federation of ...
Kering-owned Swiss watch brands Ulysse Nardin and Girard-Perregaux said on Monday they were cutting about 100 jobs, or a quarter of their total workforce, after sales were hit by the coronavirus ...
Exports of Swiss watches recorded a significant decrease in May, following an exceptional surge in the previous month, amid persisting weak demand for high-end timepieces. Total exports of Swiss ...
Exports fell about 17% from a year earlier, the Federation of the Swiss Watch Industry said in a statement Thursday. All main markets saw double-digit declines, with China down 36% and the US — the ...
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