The year started well for Swiss watchmakers
In January, Swiss watch exports rose 9.4 percent to 1 billion 786 million francs, compared to a year before, and again in the first month, the United States became the most important market for Swiss watches, according to the Swiss Watch Association’s (FHS) website.
The increase is mainly due to the sharp increase in the export of watches worth more than 500 francs, both in number and value, while falling below this threshold in exports, especially for watches cheaper than 200 francs.
Swiss watch exports to the United States rose 15.2 percent in January, jumping to 205.9 million USD, followed by China for another month in December, but in January the Asian country was only the third most important outlet. (MTI)
Related news
Kyiv is ready to limit Ukrainian food exports to the EU
Ukraine is ready to accept trade restrictions with the European…
Read more >Free delivery an exception in DACH
Only a fraction of online retailers in Germany, Austria, and…
Read more >Lidl Switzerland Slashes Prices Of Over 100 Organic Items
Lidl Switzerland has lowered the prices on over 100 organic…
Read more >Related news
Seven trends shaping in-store marketing and retail design in 2024
Smart brands know that in-store marketing and store design can…
Read more >2024 is a year of challenges for the tobacco industry and retail
Annual tobacco retail sales are expected to have increased in…
Read more >The latest issue of Trade magazine is out now!
The digital version is available with more content once again,…
Read more >