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20 June 2019, 07:39 PM | #1 |
"TRF" Member
Join Date: Jan 2018
Real Name: Dan
Location: Benelux
Posts: 1,919
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Don't blame Asia you say?
Yes I know we are all tired of investment and price threads, and this is one of those so you might as well stop reading now.
The Federation of the Swiss Watch Industry released their May report. Export to China is up by 81% YoY in May. This does not include the export to China where they basically vacuum any watches they see as tourists in Europe and other places. There is a bunch of other interesting facts to be read on that website, for example PM and TT is up by 20% and SS down 12% in number of units exported. Source: https://www.fhs.swiss/eng/statistics.html Screenshot 2019-06-20 at 11.30.35.png |
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