Swiss watch brands

Friday Chronicle #23: Swiss Watchmaking says no to the crisis

Friday Chronicle #23: Swiss Watchmaking says no to the crisis

Crisis, Crisis, Crisis… We hear this since 2008. It is now 8 years that China is not delivering the growth it was expected, that European countries are struggling with economic development and that the US has up and downs. India and Brazil? Indian poor distribution and Brazilian importation high taxes kills it. Nevertheless, the Swiss watch industry has never been better. Exports are currently at CHF 22billion, which is more than twice as we used to have back in 2008….