Jewelry
October 28, 2020
95 percent of all watches retailing at over $11,000 are produced in Switzerland. Image credit: Mr Porter
By Ellen Kelleher
Most Swiss industry executives are predicting a grim outlook in the near term for their country’s watch industry, particularly for smaller players, as the pandemic has taken a sharp toll on its fortunes, according to a new Deloitte study.
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