Zurich, Oct 17, 2024 (AFP) - Swiss watch exports to China plunge 50% in September

NAMPA / AFP

2024-10-17

Swiss watch exports suffered their steepest fall this year in September, pulled down by a 50-percent plunge in sales to China, the industry's federation said Thursday. It marks the latest sign of weakening demand in the world's second-largest economy, which has hit Europe's luxury sector. Sales to Hong Kong also fell 34.6 percent during the month from a year earlier, according to the Federation of the Swiss Watch Industry. Swiss watch exports ar......

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