Despite US duties reaching up to 39% on Swiss goods, watches of Switzerland posted higher sales and profits, insisting that demand for top-end watches and jewellery remains resilient. Swiss luxury ...
Exports of Swiss watches remained on a declining trend in October, driven by a sharp decrease in the U.S. as tariffs continue to take a toll. Total exports of Swiss timepieces dropped 4.4% in October ...
[ZURICH] Swiss watch exports fell for a third month as US President Donald Trump’s trade tariffs continued to weigh on the industry. Watch exports fell 4.4 per cent in October from a year earlier to 2 ...
The president’s late-Monday remarks lifted sentiment, with Switzerland’s top watch groups gaining as September exports to the US fell 55.6% year on year. While officials in Bern remain largely mum on ...
Swiss watch exports fell in September, hurt by the Trump administration’s 39% tariff on imports from Switzerland to the US, the industry’s largest market. Watch exports fell 3.1% from a year earlier ...
Crucially, the U.S. is no longer the industry’s biggest market. The U.K. has climbed to the top, with exports growing 15.2 percent to 173.3 million francs (about $218 million). Japan experienced a ...
With prices skyrocketing across the Swiss watch industry in response to President Trump’s 39 percent tariff on American importers of goods made in Switzerland, Tissot has taken a different approach.
The watch market is not operating like clockwork right now. Swiss watch exports dipped by 16.4 percent in August, hitting $1.98 billion (1.57 billion Swiss francs), a new report from the Federation of ...
Swatch, the Swiss watchmaker, is trolling the 39% tariffs that the United States placed on its home country by selling a watch that flips the location of the 3 and 9 numerals. The tongue-in-cheek new ...
Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Popular Detroit-based watchmaker Shinola is sending a ...
Exports of Swiss watches edged up in July as brands continued to front-load shipments, driven by the uncertainty surrounding tariffs in the key U.S. market, while demand for high-end goods continues ...
Luxury had big ambitions for the US watch market in 2025. But after a roller coaster of on-again, off-again tariffs, these high hopes have proved more far fetched than hard luxury executives had ...