Hopeful Signs for Swiss Watch Market

Strong demand in China fueled a 2.7 percent rise in Swiss watch exports in January, the Federation of the Swiss Watch Industry (FH) reported in a press release. It was the first rise in 14 months.

Exports to China rose 87 percent, while exports to Singapore more than doubled and demand in Hong Kong rose 26 percent. These gains offset continuing weakness in exports to the United States, which saw a 34 percent drop.

Categories: Federation of the Swiss Watch Industry, Swiss Watch News.

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