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Swiss Watches
US Market Buoys Swiss Watch Exports
Swiss watchexports jumped 10% to CHF 1.82 billion ($1.84 billion) in September, as orders from the UScontinued to grow.Shipments to the US rose 15% year onyear to CHF 214.8 million ($217.4 million), making it Switzerland’s largest export market...
Retail Oct 23, 2019 Rapaport News
Swiss Watches
American Demand Drives Swiss Watch Exports
Swiss watch exports rose 1.5% year on year to CHF 1.52 billion ($1.53billion) in August amid increased growth in US demand ahead of the September 1tariff hikes. “In the US, growth continued to increase regularly, makingit the...
Retail Sep 19, 2019 Rapaport News
Swiss Watches
China Drives Swiss Watch Rebound
Swiss watch exports rose in July driven by a rebound in growth in China and the Asia-Pacific market. “Swiss watch exports returned rapidly to growth followingthe downturn in June,” the Federation of the Swiss Watch Industry reportedTuesday. “Hong...
Retail Aug 21, 2019 Rapaport News
Swiss watches 072119 150
Hong Kong Slowdown Hits Swiss Watches
Swiss watch exports fell 11% to CHF 1.74 billion ($1.77billion) in June, amid a continued downturn in Hong Kong tourism and protests in the municipality. “Hong Kong’s performance slowed significantly. Recent events there undoubtedly played...
Retail Jul 21, 2019 Rapaport News
Cartier love bracelet 150
China Lifts Richemont Jewelry Revenue
Sales at Richemont’s jewelry brands increased 10% in the first fiscalquarter, as lower value-added tax and customs duties drove purchases in mainland China,the luxury retailer said Thursday. Proceeds from the group’s largest product category...
Retail Jul 18, 2019 Rapaport News
Swiss WatchesImage
Swiss Watch Industry Sees Steady Growth
Swiss watch exports rose in May, boosted by increased demand for high-end timepieces. Shipments rose 11% to CHF 2.04 billion ($2.09 billion), withwristwatch supply increasing 9% to CHF 1.88 billion ($1.93 billion). Exports of other products,...
Retail Jun 23, 2019 Rapaport News
Swiss Watches
Hong Kong Dip Hits Swiss Watch Exports
Swiss watch exports fell 0.4% to CHF 1.76 billion ($1.75million) in April, amid continued weak demand in Hong Kong. “The negative change in exports to Hong Kong accentuated theslowdown in growth that began in late 2018,” the...
Retail May 28, 2019 Rapaport News
Swiss Watches Geneva 150
Brexit Continues to Buoy Swiss Watch Exports
Swiss watch exports rose 4.4% to CHF 1.74 billion ($1.72billion) in March as UK retailers continued to stockpile in preparation forBrexit. “The UK was a special case once again, because ofstockpiling in the run-up to Brexit,” the Federation of the Swiss...
Retail Apr 21, 2019 Rapaport News
Swiss Watches
China Downturn Still Plagues Swiss Watches
Swiss watch exports were flat in January at CHF 1.62 billion ($1.62 billion), as a drop in orders from Chinaoutweighed solid growth in other major export markets. “The main markets reported growth, except for China, whichexperienced...
Retail Feb 19, 2019 Rapaport News
Swiss Watches
China Slowdown Hits Swiss Watch Exports
Swiss watch exports fell in December, with a sharp declinein China outweighing growth in other markets. Outbound shipments slid 2.8% year on year to CHF 1.63billion ($1.64 billion), the Federation of the Swiss Watch Industry reportedTuesday....
Retail Jan 29, 2019 Rapaport News
Swiss Watches
Swiss Watch Shipments Sped Up in November
Swiss watch exports grew last month at their fastest ratefor two years amid an upturn in orders from the US and increased shipments ofhigh-end timepieces. Total exports rose 3.9% year on year to CHF 2.06 billion($2.09...
Watches Dec 20, 2018 Rapaport News
Swiss Watches
Swiss Watch Exports Rebound in October
Shipments of Swiss watches bounced back in October after adrop the previous month, benefiting from stronger exports of high-end timepieces. Total exports rose 7% year on year to CHF 1.99 billion ($2billion) for the month, the...
Retail Nov 20, 2018 Rapaport News
Swiss Watches:
Swiss Watch Exports See First Drop in 18 Months
A shorter working month cut into shipments of Swiss watches,which fell in September for the first time in a year and a half, according tothe nation’s timepiece trade group. Exports slid 7% to CHF 1.65 billion ($1.66 billion),...
Watches Oct 22, 2018 Rapaport News
Swiss Watches
Lower-Value Swiss Watches Dent Exports
Swiss watch exports grew at a slower pace in August due to a drop in demand for lower-value timepieces. Total shipments rose 6% to CHF 1.5 billion ($1.55 billion),the Federation of the Swiss Watch Industry reported. Exports of watches pricedover...
Retail Sep 25, 2018 Rapaport News
Swatch watch
Hong Kong Powers Swiss Watch Exports
Asian demand drove a 7% increase in Swiss watch exports in July,according to data the nation’s timepiece association released Tuesday. Total shipments rose to $1.84 billion (CHF 1.82 billion),the Federation of the Swiss Watch Industry reported. Orders...
Watches Aug 22, 2018 Rapaport News
Swiss Watches
High-End Watches Drive Export Growth
Swiss-watch exports grew 12% in June amid an upturn indemand for higher-priced products. Global shipments of Swiss timepieces came to $1.95 billion(CHF 1.94 billion) for the month, the Federation of the Swiss Watch Industryreported last...
Watches Jul 26, 2018 Rapaport News
Rolex 150
Swiss Watch Trade Ticking Along Nicely
Swiss-watch exports grew 5% in May amid stronger demand ingreater China and the US.Global shipments of Swiss timepieces came to $1.82 billion(CHF 1.8 billion) for the month, the Federation of the Swiss Watch Industry reported...
Watches Jun 24, 2018 Rapaport News
Rolex Watch 150
Hong Kong Boosts Swiss Watch Sector
Resurgent Hong Kongdemand drove a sharp rise in global Swiss-watch exports in April, according todata from the Federation of the Swiss Watch Industry. Worldwide shipmentsof Swiss timepieces climbed 14% year on year to $1.8 billion (CHF...
Retail May 29, 2018 Rapaport News
Watches
Swiss Watches See Highest Growth in Six Years
Robust demand for steel watches drove Swiss timepiece exportsupward in March, closing off the industry’s strongest quarter of growth in sixyears. Worldwide shipments of Swiss timepieces climbed 5% year onyear to $1.73 billion (CHF 1.7 billion)...
Retail Apr 25, 2018 Rapaport News
Swiss watches Baselworld
Hong Kong and US Boost Swiss Watch Trade
Swiss watch exports increased in February, driven by thestrongest monthly growth in shipments to Hong Kong and the US in six years. Worldwide shipments of Swiss timepieces climbed 13% year onyear to $1.78 billion (CHF 1.69 billion) last...
Watches Mar 20, 2018 Rapaport News
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