Posted inDAILY NEWS, EDITOR'S CHOICE, INTERNATIONAL, LEAD STORY, NEWS
Analysts forecast 9% decline for Swiss watches in 2016
A new report by Macquarie Group, a provider of financial, investment and funds management services, forecasts a 9% decline in Swiss watch demand and exports in 2016. Macquarie states it has reviewed its expectations for Swiss watch demand for the remainder of 2016, following July’s Swatch Group profit warning and the decline in Swiss watch […]