Sales of Swiss watches fell last year

By: Trademagazin editor Date: 2021. 01. 28. 11:00

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Sales in the Swiss watchmaking industry declined last year. A decline in sales was recorded for the 11th consecutive month in December.

According to data from the Swiss Watch Industry Association’s (FHS) website, 16 billion 984 million francs worth of Swiss watches were sold abroad last year, down 21.8 percent from 2019, when a 2.4 percent increase was recorded from the previous year. (MTI)