Swiss watch market hit by ‘low demand’ - Watch News
A 15 per cent decline in Swiss watch exports has been forecast Handbags. underlining one of the worst periods of demand for the industry
Low demand for Swiss watches during the economic downturn is set to decline throughout the year Replica Watches(Louis Vuitton Watches Replica watch). it has been claimed.Speaking to Reuters Bally Handbags watche. Citi analyst Thomas Chauvet warned that the industry is looking at "the worst performance in 25 years".He forecast exports of Swiss watches to decline by 15 per cent in 2009 Replica Watches Replica Vacheron Constantin Watches watches. with watches in the mid-range and luxury categories likely to be hit hardest.Watch exports were down 26 per cent in the four months to April Replica watch. while demand also dropped Omega Watches watch Replica. according to figures from the Swiss Watch Federation.Speaking to the Wall Street Journal(Replica Balenciaga). Kepler analyst Jon Cox explained that falling demand in China(Gucci Handbags). Russia Replica watches. Japan and the US have been of particular concern.However Fake Louis Vuitton Watches watche. he suggested that some consumers may be shopping in for watches in Europe.Despite the downturn Replica watches. one of the biggest Swiss watch industry companies has expanded into a new shop at Geneva Airport.Swatch watches will now be available to passengers travelling to the capital through the brand’s subsidiary Tech-Airport.
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