Brought to you by Investec Switzerland. The pendulum for Britain has swung back to positive, and it’s tourists who’ve pushed it there. Britain was one of the few bright spots for Swiss watch exports in July, rising 13.4 percent from a year earlier and counteracting a massive 26 percent drop in June, according to data […]
Swiss watch boom years over
Brought to you by Investec Switzerland. As the Swiss watch industry prepares for the fourth straight year of little to no growth, big producers such as Richemont, the owner of Cartier, are trimming back investment in production while some smaller rivals look for a buyer or risk going under. Switzerland, the world’s biggest watch-producing country […]