Swiss Watch Exports Hit Record High

With most Swiss exporters suffering under the strong franc, Swiss watch makers continue to buck the trend with exports soaring to a new record high in October thanks to the unabated appetite for luxury watches in Asia and a surge in demand in Europe, The Wall Street Journal reported this morning.
Today, the Federation of the Swiss Watch Industry announced that Swiss watch exports jumped 17% on the year in real terms to a record of 1.87 billion Swiss francs ($2.04 billion).  They continued to add that the year’s strong trend showed “no signs of flagging.”
Since the start of the year, Swiss watch exports–only topped by jewelry sales–soared 22% in real terms to 13.45 billion Swiss francs.
“The figures make us confident for the future,” Jean-Daniel Pasche, president of the Swiss Watch Industry, told Dow Jones Newswires. “Although the strong franc is pressuring some producers’ margins, we are in a very positive phase for the sector.”vedere di piu imitazioni rolex e jacob & co