Sales of Swiss watches fell last year
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)
Related news
Migros Zurich To Restructure Tegut – 120 Jobs At Risk
Migros Zurich plans to restructure its German subsidiary, Tegut, putting…
Read more >Ricola to take over Hero Group production plant
The cough drops maker said it plans to create up…
Read more >Aldi Suisse cuts back on non-food
Aldi in Switzerland introduces major adaptations to its store layout.…
Read more >
More related news >
Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >