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Swiss Watch Exports Rose Last Month. Here’s Why the Industry’s Outlook for 2024 Is Still ‘Negative.’

Swiss Watch Exports Rose Last Month. Here’s Why the Industry’s Outlook for 2024 Is Still ‘Negative.’

The watch industry in Switzerland is sending mixed signals, reflecting concerns about a slowdown in key markets.  Swiss watch exports trended upward in August as the demand for timepieces in China and Hong Kong continues to worsen, Bloomberg reported. Last month, shipments increased 6.9 percent by value compared to last year to 2 billion Swiss francs...