Is the Sales Decline Slowing?

Declining Watch Sales

The Federation of the Swiss Watch Industry FH reports that November recorded the highest monthly value of the year for Swiss watch exports, and also the most moderate decline at -10.6% compared with November, 2008. The report notes that while the November figures are negative, they represent a marked improvement over prior months. For 2009 overall, levels remain low however, with exports down … [Read more...]