Time is ticking and so are Swiss watch sales. ⌚
All watch materials experienced an increase in June, with precious metals contributing the lion’s share of the value at CHF858.1 million , which was a 14 percent gain for the market,reported. In second place were gold-steel watches, which experienced an 18 percent increase to CHF372.1 million , though the segment saw a 38.8 percent drop in units sold. All timepiece price ranges reported positive news, but the CHF200 to CHF500 price range saw the best results, with an increase in sales of 18.
Region-specific numbers were a mixed bag. Hong Kong saw sales escalate to 46.2 percent, a noteworthy return to levels near those it experienced in 2017. The
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