Swiss watch exports plunge as China and Hong Kong demand dries up
By Bloomberg Published Apr 18, 2024 Monthly Swiss watch exports suffered their biggest decline since 2020 as demand for premium and luxury timepieces in key markets including China and Hong Kong plunged. DR Exports dropped 16% by value in March to 2 billion Swiss francs ($2.2 billion) from a year earlier, the Federation of the [...]read moreSwiss watch exports plunge as China and Hong Kong demand dries up