Swiss watch exports to UK rise as tourists make most of fall in sterling
Increase taps into surge of visitors to UK, exploiting what has become the cheapest luxury market in the world, say analysts
watches sales
2011 – a record year for Swiss Watch Industry
Watch exports reached a very high level in 2011, creating a new landmark in their remarkable growth over recent years. With exports of nearly 19.3 billion francs, Swiss watchmakers exceeded their previous annual result by 19.2%. Except for 2010, which followed a major downturn, growth in the last 20 years has never been so strong. … Read more