Friday, January 13, 2012
The Watchery Reports: The Swiss watch industry is increasingly defying the economic climate
The Watchery is thrilled to report that the Swiss watch industry has recently seen a huge increase in sales with consumers looking to invest in quality items.
Sales of Swiss watches have bucked the trend in the luxury goods market, with more timepieces than ever before being bought.
While other areas of manufacturing in Switzerland have been experiencing difficult times, the Financial Times reported that the watch sector has been seeing booming sales, with sales of watches such as Tag Heuer, Rolex and Breitling all seeing strong increases in their sales.
In total, the number of items sold across these ranges rose by 16 per cent year-on-year to November 2011.
The Watchery carries many Swiss-made watches and sells them at discounted prices to their loyal consumer-base.