The development of the world brand horologe

[xyykimmy]

March 18, at the first day of the annual known as "watch Oscar" the

BASELWORLD show, the association released the latest statistics of the Swiss

watch industry: after the 14 months continued downturn, Swiss watch exports

increased by 2.7% in January 2010, this was clear signs of recovery in the

watch industry.
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According to the data released by Federation of the Swiss Watch Industry, in

2009, Swiss watch total exports: 13.23 billion Swiss francs, of which, watch

exports reached 12.34 billion Swiss francs, a little more than 2005 (12.39

billion ), but compared with 2008's 17.03 billion the export volume is still

down by 28.7%. In this regard, Movado Group President and CEO Efraim Grinberg

says: " 2009 is the most challenging year that I faced in more than 30 years

of my career in the watch. Stock falling, bank failures, rising unemployment,

reduced consumer spending, the market downturn coupled with the lack of

consumer confidence, had brought a very heavy impact to luxury goods, watches

and jewelry industry, and our business. "


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Swatch, Richemont and Rolex Group, as the leading echelon of the entire Swiss

watch industry has shown a triangular utmost leader situation. And like

Bvlgari, LVMH as a luxury goods group that has owned diversification products,

in recent years, its watch business also occupies an more and more important

position. Rolex company have Rolex, Tudor, as a private enterprise, has

always been mysterious and low-key, in the previous's Baselworld is never

acceptable in any media access, selecting a small number of media to have a

close contact with their new products for the first time this year. As with

Movado, Ebel, Concord three Swiss watch brand's U.S. public company, MGI is

even more high-profile and active.

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