Federation of the Swiss Watch Industry news and archive

Swiss watch exports up 11.8 percent in H1

Swiss watchmaking maintained its steady growth trajectory in the first half of the year, mirroring the trends seen in 2022. Despite a high basis for comparison, exports demonstrated resilience, with most markets experiencing an increase. Notably, China and Hong Kong showed a strong rebound, said the Federation of the Swiss Watch Industry (FH) in...

Business

Swiss watch exports dip 35.1 percent in June

Swiss watch exports plunged again in June, an industry body said on Tuesday, though there were early signs of a potential uptick thanks to renewed demand from China. In April, exports plummeted by an annualised 81.3 percent, and were followed in May by an impressive decline of 67.9 percent as global sales took a time out amid the coronavirus...