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China Rebound Boosts Swiss Watch Exports
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Swiss watch exports showed a stabilizing trend in November as buoyant Chinese demand helped ease the decline the industry had seen for most of this year.Global shipments fell 3.2% year on year to CHF 1.94 billion...
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Watches
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Dec 21, 2020
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Rapaport News
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Swiss Watch Exports Maintain Gloomy Streak
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Swiss watch exports saw their ninth consecutive monthly decline as US orders slipped and a fresh wave of European lockdowns cast a cloud over demand in the region.Global shipments fell 7% to CHF 1.88 billion ($2.07 billion) in October,...
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Watches
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Nov 19, 2020
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Rapaport News
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Swiss Watch Exports Still Slow to Recover
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Swiss watch exports continued to decline in September, with China the only country to see an improvement.Total shipments fell 12% year on year to CHF 1.6 billion ($1.77 billion), the seventh consecutive monthly decrease. Although the...
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Retail
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Oct 20, 2020
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Rapaport News
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Swiss Watch Exports Slowly Recovering
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The decline in Swiss watch exports continued to ease slightly in August, as orders from China rose.Total shipments fell 12% year on year to CHF 1.34 billion ($1.48 billion), the sixth consecutive monthly decline. However, the...
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Polished Markets
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Sep 17, 2020
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Rapaport News
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Swiss Watch Export Slump Slows in July
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The decline in Swiss watch exports eased slightly in July, as orders to the US stabilized and China continued its recovery.Total shipments fell 17% year on year to CHF 1.58 billion ($1.74 billion), the fifth consecutive monthly...
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Polished Markets
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Aug 24, 2020
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Rapaport News
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Watch Exports to Hong Kong and US Still Weak
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Swiss watch exports dropped heavily in June as continued slowdowns in Hong Kong and the US outweighed a recovery in China.Total shipments fell 35% year on year to CHF 1.13 billion ($1.21 billion), the fourth consecutive monthly decline,...
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Watches
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Jul 21, 2020
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Rapaport News
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Swiss Watch Exports Down 81% in April
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Swiss watch exports plunged in April as coronavirus lockdowns brought the entire supply chain to a near halt.“Swiss watch exports were extremely low in April as a direct result of the standstill in production, distribution and sales, causing them...
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Polished Markets
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May 26, 2020
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Rapaport News
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March Shutdown Hits Swiss Watch Exports
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Swiss watch exports slumped in March amid continued market pressures resulting from the coronavirus pandemic.Shipments slid 22% to CHF 1.36 billion ($1.4 billion) for the month, with most markets declining significantly, the...
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Watches
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Apr 21, 2020
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Rapaport News
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US Keeps Swiss Watch Exports Afloat
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Swiss watch exports rose in January as demand in the US continued to increase, propelling the country past Hong Kong to become the largest importer of the luxury product.Shipments to all countries grew 9% to CHF 1.79 billion ($1.82 billion)...
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Retail
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Feb 20, 2020
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Rapaport News
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China Demand Drives Swiss Watch Growth
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Swiss watch exports rose in December, as retailers stocked up in anticipation of the Chinese New Year.Shipments to all countries grew 6% to CHF 1.73 billion ($1.78 billion) in December, the Federation of the Swiss Watch Industry reported Tuesday. That...
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Watches
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Jan 28, 2020
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Rapaport News
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Hong Kong Slump Disrupts Swiss Watches
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Swiss watch exports fell in November as orders from HongKong continued to slow. Shipments to all countries declined 3.5% to CHF 1.99 billion($2.03 billion) in November, the Federation of the Swiss Watch Industryreported last week. That mainly...
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Watches
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Dec 22, 2019
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Rapaport News
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US Market Buoys Swiss Watch Exports
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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...
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Retail
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Oct 23, 2019
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Rapaport News
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American Demand Drives Swiss Watch Exports
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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...
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Retail
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Sep 19, 2019
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Rapaport News
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Brexit Stockpiling Boosts Swiss Watch Growth
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Swiss watch exports rose in February, as stockpiling in theUK prior to Brexit accounted for 80% of the industry’s worldwide growth. Shipments rose 3.4% to CHF 1.8 billion ($1.8 billion) forthe month overall, following a two-month downturn....
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Retail
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Mar 19, 2019
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Rapaport News
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China Slowdown Hits Swiss Watch Exports
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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....
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Retail
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Jan 29, 2019
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Rapaport News
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Swiss Watch Shipments Sped Up in November
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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...
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Watches
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Dec 20, 2018
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Rapaport News
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Swiss Watch Exports Rebound in October
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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...
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Retail
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Nov 20, 2018
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Rapaport News
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Swiss Watch Exports See First Drop in 18 Months
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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),...
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Watches
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Oct 22, 2018
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Rapaport News
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Hong Kong Powers Swiss Watch Exports
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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...
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Watches
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Aug 22, 2018
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Rapaport News
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Swiss Watch Trade Ticking Along Nicely
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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...
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Watches
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Jun 24, 2018
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Rapaport News
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