With the economy back in business and exports on the rise again, brands are newly inclined to show off their capacity for innovation and imagination. Here are some of the watches from the stream of recent releases.
Xi Jinping’s call for “common prosperity” sent shudders through the stock market. This new policy, which portends a drop in purchasing power for the wealthiest Chinese, pushed down luxury share prices, which includes watch brands. What implications does this have?
The value of Swiss watch exports almost attained CHF 2 billion in July. Strong growth (+15.4%) resulted in a particularly high level for this period of the year. The sector therefore shows no obvious sign of losing its momentum in terms of exports, despite what was expected. This trend will be monitored closely at a time when some market segments have already registered a slowdown.