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Swiss watch exports fall as demand in China dries up, industry’s struggles continue

Swiss watch exports fall as demand in China dries up, industry’s struggles continue

Swiss watch exports fell sharply in September as shipments to China dropped by half, putting more pressure on the European country’s struggling luxury sector. Large brands Rolex and Patek Philippe are still growing sales, but if those brands are excluded, the decline in Swiss watch exports would be significantly more pronounced(Representational Image/Pixabay) Exports of Swiss...