Rejecting the romantic narrative of the lone Swiss artisan painstakingly creating and assembling every component by hand, the resident watch brands of Le Locle remain at the forefront of ...

Troubles in the luxury watch market continue, evidenced by the latest report from the Federation of the Swiss Watch Industry. Swiss watch exports in August were 1.2 million units, 125,000 less ...

(Bloomberg) — Swiss luxury watchmakers are turning to the government for financial aid to help them weather a downturn in demand. Girard-Perregaux and Ulysse Nardin have become the first brands ...

(Bloomberg) — Swiss watchmakers urged the central bank and the government to support exporters by curbing the strength of the country’s currency as overseas sales slump. “With inflation ...

Swiss watchmakers warned of a worsening outlook for the industry, even as exports rose last month on demand for expensive timepieces made of precious metals. Exports increased 6.9% by value to ...

SWISS watchmakers warned of a worsening outlook for the industry, even as exports rose last month on demand for expensive timepieces made of precious metals. Exports increased 6.9 per cent by value to ...

Swiss luxury watchmakers are turning to the government for financial aid to help them weather a downturn in demand. Girard-Perregaux and Ulysse Nardin have become the first brands to confirm they ...

SWISS watchmakers urged the central bank and the government to support exporters by curbing the strength of the country’s currency as overseas sales slump. “With inflation currently well below 2 per ...

Two Swiss luxury watchmakers have sought state support to avoid job cuts. Sowind Group, which owns both brands, has put about 15% of its 320 employees on furlough. Swiss watchmakers have suffered ...

Other private Swiss watchmakers “don’t have shareholders to report to,” Rupert adds. Swiss watch exports hit a record $31 billion in 2023, but sales have slowed significantly this year.

Price rises of 6 to 8 percent twice a year have become the norm for Swiss watchmakers, high-fashion houses, and top designer labels, and the more expensive products account for more and more of ...