“Despite the increase, which brings the total for the first eight months to 17.1 billion francs ($20.2 billion), the trend is still negative, as is the outlook for the rest of the year,” the report ...
Swiss watch exports fell for a fourth month as companies waited for the US agreement to ease punitive import tariffs to take effect.
(Reuters) - Shares in European luxury companies dropped on Thursday after U.S. President Donald Trump announced new tariffs, including on goods from the European Union and Switzerland. The European ...
GENEVA (Reuters) - Swiss watch seller Sacha Davidoff was scrambling on Thursday to understand what new U.S. tariffs on Switzerland announced by President Donald Trump meant for the goods he was due to ...
Swiss watch exports fell for a second straight month in October as a sharp drop in shipments to China offset growth in the US. Exports of Swiss timepieces and watch movements declined 2.8% overall to ...
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The great Swiss watchmaking tradition dates back to the 1400s, so the industry's general dismissal of smartwatches as a passing fad shouldn't come as surprise. They probably heard the same thing about ...
The Swiss, obviously, want to both protect and promote this advantage while also turning a profit, and those dueling priorities are evident in the country’s approach to the Swiss Made stamp, which ...
Switzerland is bracing for a big tariff hike on its exports, and its watch industry could take the brunt if President Trump hits Alpine nations with an enhanced 39% tariff for its exports, slated to ...
Exports of Swiss watches edged up in July as brands continued to front-load shipments, driven by the uncertainty surrounding tariffs in the key U.S. market, while demand for high-end goods continues ...
(Bloomberg) -- Three months. That’s how long it took Swiss watchmaker Grovana to restart exports to the US when Donald Trump hit the country with a 39% tariff rate. After the announcement in August, ...
LONDON/GENEVA (Reuters) -As a U.S. tariff deadline neared this week, Swiss watch manufacturer DuBois et fils rushed to ship five high-end watches worth thousands of dollars each to the United States.
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