Tag Archives: Coronavirus

Coronageddon? Swiss Watches Suffering

Coronageddon? Unlike the industry lapdogs known as Hodinkee, we’ve been flagging the calamitous impact of the Chinese coronavirus on Swiss watch exports. In 2019, the Asian market accounted for roughly half of all Swiss watch exports. For all intents and … Continue reading

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Luxury Watch Prices Falling?

You might think luxury watch prices would be immune to annoyances like viral outbreaks and economic downturns. Nope. According to voguebusiness.com, “the last global recession lopped nine per cent off the size of the personal luxury goods market,” lowering luxury … Continue reading

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Baselworld + Coronavirus = The End?

Baselworld coronavirus. Not two words you want to see together. But there they are. In fact, the watch industry schmoozefest is hanging on by a thread. Bulgari announced today that it’s pulling out, blaming both the virus and the success … Continue reading

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Coronavirus Kills Time to Move Swatch Summit

“Considering the uncertainty related to the 2019-nCoV Coronavirus outbreak, and in order to guarantee the welfare of our guests, partners, and colleagues, Swatch Group has decided not to hold the Time to Move event.” That’s the email terminating the Swatch’s … Continue reading

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Coronavirus Catastrophe Kills Watch Sales

You may have heard that the coronavirus catastrophe has closed China for business. The effects are being felt throughout the region, and beyond. But that general statement doesn’t indicate the seriousness of the problem for Swiss watchmakers . . .

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Coronavirus Derailing Swiss Watch Exports

The CDC has instructed Americans to avoid all nonessential travel to China, Seventeen Chinese cities – more than 50 million people – are on lockdown. The coronavirus outbreak’s economic impact is already enormous. Export stats from the Federation Horlogère Suisse indicate … Continue reading

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Chinese Coronavirus Sinks Swiss Watch Sales

As the Coronavirus cuts a swathe through the world’s most populous country, some 35 million Chinese are on lockdown. I know: it’s more than a little insensitive to speculate about the outbreak’s effect on Swiss watch sales. Luxury timepieces are … Continue reading

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