Demand For Luxury Timepieces May Be Slowing in China

Analysts and watchmakers say the Swiss watch industry is unlikely to continue benefiting from the extraordinary growth they have been accustomed to over the last couple of years. Export of Swiss watches jumped a record 19.2% in 2011, following a 22% increase in 2010 after recovering from a post credit-crunch downfall. Flourishing Asian, particularly Chinese, […]

By Seth Semilof